EANS-News: Identive Group Inc. / Identive Announces Common Stock Offering

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Santa Ana, Calif. and Ismaning, Germany, May 23, 2011 (euro adhoc) - Identive
Group, Inc. (NASDAQ: INVE; Frankfurt: INV), a provider of products, services and
solutions for the security, identification and RFID industries, today announced
it is offering to sell shares of its common stock in an underwritten public
offering in the United States pursuant to its effective shelf registration
statement filed with the U.S. Securities and Exchange Commission (the "SEC").
Cowen and Company, LLC and Morgan Joseph TriArtisan LLC are acting as joint
book-running managers for the underwritten public offering. Identive expects to
grant the underwriters a 30-day option to purchase up to an additional 15
percent of the offered amount of common stock from Identive at the public
offering price, less underwriting discounts and commissions, to cover
over-allotments, if any. The offering is subject to market conditions and there
can be no assurance as to whether or when the offering may be completed, or as
to the actual size or terms of the offering. Identive intends to use the
proceeds of the offering to fund continued growth, acquisitions, working capital
and general corporate purposes.

Identive shares offered in the underwritten offering in the U.S. will be issued
pursuant to an effective shelf registration statement that was previously filed
with the SEC and was declared effective on May 3, 2011. A preliminary prospectus
supplement describing the terms of the underwritten offering has been filed with
the SEC, and an electronic copy is available on the SEC´s website at
www.sec.gov. Copies of the preliminary prospectus supplement and the
accompanying prospectus relating to the underwritten public offering in the U.S.
may also be obtained from Cowen and Company, LLC (c/o Broadridge Financial
Services, 1155 Long Island Avenue, Edgewood, NY 11717, Attn: Prospectus
Department, Phone: 631-274-2806, Fax: 631-254-7140) or Morgan Joseph TriArtisan
LLC 600 Fifth Avenue, 19th Floor, New York, NY 10020, Attn: Prospectus
Department, Phone: 212-218-3970, Fax: 212-218-3705.

About Identive Group
Identive Group, Inc. (NASDAQ: INVE; Frankfurt: INV) is an international
technology company focused on building the world´s signature group in secure
identification-based technologies. The businesses within Identive Group provide
products and solutions in the areas of physical and logical access control,
identity management and RFID systems to governments, commercial and industrial
enterprises and consumers. For additional info visit: www.identive-group.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking statements can be
identified by words such as "anticipates," "believes," "plans," "will,"
"intends," "expects," and similar references to the future. The Company cautions
that these statements are qualified by important factors that could cause actual
results to differ materially from those reflected by such forward-looking
statements. Whether or not the offering described above occurs is dependent on
such factors as market receptivity and the value of our common stock.
Additional information concerning other risks and uncertainties related to our
business are included in our Annual Report on Form 10-K for the year ended
December 31, 2010 and subsequent reports filed with the U.S. Securities and
Exchange Commission.

The distribution of this announcement and the offering of Identive shares in
certain jurisdictions may be restricted by law. No action has been taken by
Identive or any other person that would permit an offering of such shares or
possession or distribution of this announcement or any other offering or
publicity material relating to such shares in any jurisdiction where action for
that purpose is required. Persons into whose possession this announcement comes
are required by Identive to inform themselves about, and to observe such
restrictions.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN

Further inquiry note:
Frau Annika Oelsner
Tel.: +49 89 9595-5220
E-Mail: [email protected]
end of announcement euro adhoc
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company: Identive Group Inc.
Carnegie Ave., Bldg. B 1900
US-CA 92705 Santa Ana
phone: +1 949 553 4280
FAX: +49 89 9595-5555
mail: [email protected]
WWW: http://www.identive-group.com
sector: Computing & Information Technology
ISIN: US45170X1063
indexes: NASDAQ
stockmarkets: free trade/entry standard: Frankfurt, Nasdaq: New York, free trade:
Berlin, Hamburg, Stuttgart, Düsseldorf, München
language: English

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