Identive will issue and manage PIV-compatible ID credentials for secure network, physical, cloud and mobile phone access
SANTA ANA, Calif. and ISMANING, Germany, April 30, 2012 – Identiv, Inc. (NASDAQ: INVE; Frankfurt: INV), a provider of products and services for the identification, security and RFID industries, today announced that it has secured a contract worth approximately $2 million with a Fortune 100 global technology leader to provide cloud-based credential issuance and identity management services. Through its idOnDemand ‘Identity as a Service’ offering, Identive will issue and manage PIV-compatible ID credentials that allow its customers’ employees to securely access corporate networks and facilities directly, remotely through the cloud and via their mobile phones.
“Our customer was looking for a turn-key, high assurance ID credentialing solution that would allow them to enhance security of their electronic and physical assets in a phased and flexible manner,” said Jason Hart, executive vice president of Identive’s Identity Management & Cloud Solutions division. “Our cloud-based idOnDemand solution provides the customer with total control over the pace and prioritization of new credential issuance. The new credentials are delivered as USB tokens or smart cards and are compatible with FIPS 201 and PIV federal standards to provide government grade security. This positions our customer to be able to implement additional security policies in the future for high assurance physical access. Additionally, credentials for IT administrators provide enhanced safeguards for cyber security with two-factor authentication.”
Using the idOnDemand managed identity service, organizations can simply and cost effectively grant trusted access for employees, customers and partners to information and assets such as IT systems, remote access, data encryption, secure email and buildings. The idOnDemand cloud-based service bureau centralizes and automates the process of enrolling, producing and distributing high assurance ID credentials. Organizations no longer need to purchase the expensive printing, personalization and licensing infrastructure behind the credentialing process or deploy, administer, patch and backup on-site identity management systems. This dramatically reduces the time, effort and cost to deploy secure trusted identities throughout the organization.
“The deployment of our idOnDemand solution is the beginning of a close, long-term relationship where Identive provides core value,” continued Hart. “This most recent win adds to our growing customer list of leading healthcare, public utility, technology, commercial and government organizations and is an important milestone in the advancement of Identive as the solutions leader in the emerging market for Identity as a Service.”
Identiv, Inc. (NASDAQ: INVE; Frankfurt: INV) is focused on building the world’s signature company in Secure ID. The company’s products, software, systems and services address the markets for identity management, physical and logical access control, cashless payment, NFC solutions and a host of RFID-enabled applications for customers in the government, enterprise, consumer, education and healthcare sectors. Identive’s mission is to build a lasting business of scale and technology based on a combination of strong technology-driven organic growth and disciplined acquisitive expansion. The company delivers up-to-date information on its activity as well as industry trends through its industry-leading social media initiatives and educational resource, AskIdentive.com. For additional information, please visit www.identive-group.com or follow on Twitter at @IdentiveGroup.
Note: Identive, the Identive logo and idOnDemand are trademarks of Identive Group, Inc, registered in many jurisdictions worldwide. All other company, product or service names may be trademarks or registered trademarks of others and are the property of their respective owners.Download PDF Version of Press Release