Identiv’s Hirsch Velocity Cirrus Cloud-Based Access Control as a Service Wins 2020 Money-Saving Products Award

March 31, 2020

FREMONT, Calif., March 31, 2020 — Identiv, Inc. (NASDAQ: INVE) today announced its cloud-based Access Control as a Service (ACaaS) solution, Hirsch Velocity Cirrus, has won a 2020 Money-Saving Products Award from BUILDINGS in the Access category.  “Providing the highest levels of security at a reasonable price point is something Identiv has always been dedicated to,” said Mark Allen, Identiv GM, Premises. ”Bringing an ACaaS offering into the mix provides the best solution for both end-users and integrators, with lower upfront costs, reduced maintenance, enhanced portability, and the peace-of-mind that you’re always on the latest, most secure, and most feature-complete version of Velocity.” Hirsch Velocity Cirrus provides an optimal solution for both customers and dealers, with lower upfront costs, lower maintenance, portability, and the future-proof assurance of always being on the latest version, with the most up-to-date security and feature sets. From a dealer perspective, Cirrus provides the means by which they can retain their valued customer relationships while delivering low-cost-of-entry and recurring-revenue-based access control solutions. As customers add features and enhancements, dealers play a key role to administer system expansions, feature additions, and upgrades, providing further revenue opportunities.  Users can control, manage, maintain, and update their Hirsch access control systems via a fast, simple-to-navigate web user interface. Customers can choose core features for basic access or advanced features, including government-grade, secure connectivity between hardware and server, full Mx Controller support, alarm and event viewer, enrollment manager, customizable reports and threat levels, employee/person-escort and two-person rules, and anti-passback and timed anti-passback.  Cirrus is a member of an elite group of 45 products showcased in the May/June 2020 issue of BUILDINGS and online at BUILDINGS.com. Finalists were evaluated by the BUILDINGS editorial staff for the money-saving qualities they offer to building owners and facility managers in areas such as energy efficiency, water savings, and maintenance. For more information about Identiv’s portfolio of award-winning products and solutions, visit identiv.com/products, call +1 888.809.8880, or contact sales@identiv.com.  ### About Identiv Identiv, Inc. is a global provider of physical security and secure identification. Identiv’s products, software, systems, and services address the markets for physical and logical access control, video analytics, and a wide range of RFID-enabled applications. Customers in the government, enterprise, consumer, education, healthcare, banking, retail and transportation sectors rely on Identiv’s access and identification solutions. Identiv's mission is to secure the connected physical world: from perimeter to desktop access, and from the world of physical things to the Internet of Everything. Identiv is a publicly traded company and its common stock is listed on the NASDAQ Capital Market in the U.S. under the symbol “INVE.” For more information, visit identiv.com. Identiv Media Contact: press@identiv.com