|Source: Identive Group, Inc.|
Date: September 22, 2011 02:30 ET
|SANTA ANA, Calif. and ISMANING, Germany, Sept. 22, 2011 (GLOBE NEWSWIRE) -- Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV), a provider of products, services for the identification, security and RFID industries, today announced that Mathew Smith has joined the Company's Mobility & NFC Solutions group as vice president, product and technology management. In this new role, Smith will manage Identive's product development activities to help leverage and strengthen the Company's early leadership position in the emergent near field communications (NFC) market. Smith brings significant experience in the areas of NFC, mobile software and payment technologies, all of which are expected to be major drivers of market growth over the next few years.|
"I am pleased to welcome Mathew to the Identive NFC team. His business insight and acumen coupled with his substantial background in the security industry and web-based services give him a unique ability to understand and envision NFC use cases, markets and how to make it all work," said Ayman S. Ashour, chief executive officer and chairman Identive. "Identive's product successes to date with early NFC adopters are the result of a strategy to make it easy for customers to employ NFC to achieve desired results. Mathew will provide significant support for our ongoing efforts as we expand our offerings of full NFC solutions."
Prior to joining Identive, Smith served as director of TSM operations for Gemalto NV, a digital security company, where he defined and drove the global operational and deployment strategy for the company's Trusted Services Management (TSM) business, which manages mobile payment credentials between banks and mobile network operators. Smith previously had been chief architect and director of an NFC business services initiative that originally developed the TSM business while part of an innovation incubator group at NXP Semiconductors. This TSM business was later sold to Gemalto. Prior to this, he defined the product and sales strategy for NXP's Java software product line for mobile handsets, where he gained significant experience working with mobile handset businesses and markets in Europe, China, Taiwan and Korea. Before joining NXP, Smith developed a product strategy and corporate business plan for Smart Fusion, a wireless software start-up in France that subsequently was sold. Smith holds an MBA in innovation and strategy from the Theseus Institute (now EDHEC) in France, an MS in Business Systems Analysis and Design from City University in London and a BS in Chemical Physics from the University of Kent in Canterbury.
Mathew Smith commented, "I have been impressed at Identive's ability to carve out a position as an early leader in NFC with projects such as smartphone application tags and smart poster campaigns. So much of what is talked about in the market today is based on expectations, rather than results. Identive is proving over and over again that it can bring real solutions to add real value. The Company's strong technology foundation in RFID and secure identity management along with the significant breadth and depth of experience of its people, are what's required to help make NFC a reality for consumers and businesses. I am excited to join Identive and be a part of the paradigm shift to NFC."
In addition to integrated NFC solutions for a variety of applications, Identive offers an array of standards-based NFC infrastructure products including smart tags, labels, readers, modules, software and development kits via its online marketplace at www.IdentiveNFC.com.
September 22, 2011 11:03 AM Eastern Daylight Time
CHARLOTTE, N.C.--(BUSINESS WIRE)--Source Technologies, a global leader in specialized thermal barcode and MICR printing solutions, today announced the immediate availability of its newest mobile thermal receipt printer. The STm.58 offers four (4) distinct configurations to meet countless portable printing requirements.
The STm.58 is an ergonomically designed 2-inch portable with optional dual MagStripe Reader (MSR) and Bluetooth connectivity. This exceptional value-for-the-price-device prints clean, crisp receipts every time. The STm.58’s light weight and durable design modernizes on-demand payment processing and receipt printing for applications like route delivery, field service procedures, arena sales and line busting.
“Due to expanding markets and applications in which mobile printers are being utilized today, we recognize the demand for a lighter and sleeker printer. Customers are always looking for ways to make their jobs easier and faster and we have provided just that with this printer. Like our current mobile thermal printers, the STm.58 offers increased battery life and easy media loading capabilities; however, with an optional credit card reader, this printer is ideal for those needing receipt printing only,” advised Leo Giocondo, Sr. Product Manager.
STm.58 printers offer
- 80mm/sec maximum print speed and standard 203dpi
- Paper depletion and cover open sensors
- Serial, USB and Bluetooth
The new STm.58 portable thermal printer from Source Technologies puts fast, legible receipt printing right in the hands of mobile operations personnel with four (4) different configuration choices.
1. STm.58 with USB and Serial
2. STm.58m with USB, Serial and dual (MSR)
3. STm.58b with USB, Serial standard Bluetooth connectivity
4. STm.58bm with USB, Serial, Bluetooth and MSR
Celebrating 25 years of innovation, Source Technologies, an industry leader of specialized printing solutions, develops products for global markets including warehousing and distribution, finance, healthcare, transportation and logistics, and retail. Solutions include thermal barcode and receipt printers, MICR laser printers for the on-demand printing of negotiable documents, secure data printers and distribution software. Engineered for ease-of-use and reliability, our business solutions are impactful to organizations aspiring to streamline operations and increase efficiency. Experience something new: www.sourcetech.com
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