Identive Group Selects Allen & Caron for Investor Relations
IRVINE, Calif., Oct. 18 /PRNewswire/ -- Identive Group, Inc. (Nasdaq: INVE; Frankfurt Stock Exchange: INV), a provider of products, services and solutions for the security, identification and RFID industries, has selected Allen & Caron, Inc., with offices in New York City, Irvine CA and London, as its agency for investor relations. Allen & Caron will help Identive Group develop an outreach program to increase visibility in the investment community.
Identive Group Chief Executive Officer Ayman S. Ashour commented: "Our immediate goals are to increase our Company's trading liquidity. We selected Allen & Caron because of their well-established reputation for helping small-cap companies develop effective communications and for increasing their exposure to influential investors. We have been executing operationally since the launch of Identive Group earlier this year and we believe now is the right time to broaden our outreach to institutional investors and the capital markets."
Allen & Caron Chairman and Chief Executive Officer Joseph Allen said: "Our plans are to introduce Identive to institutional investors across the country, particularly institutions located in geographical areas that will be hearing the story for the first time. We will be targeting certain UK and European institutions as well. We believe that we can help the company expand its awareness to a broader group of educated investors both in the US and abroad. We look forward to working with the Identive Group team."
About Identive Group
Identive Group is an international technology group focused on building the world's signature company in secure identification-based technologies. Through its group of recognized brands, Identive provides leading-edge 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. The organization's growth model is based on a combination of disciplined acquisitive development and strong technology-driven organic growth from its member companies. For additional info visit: www.identive-group.com.
About Allen & Caron
Allen & Caron is a full-service corporate, investor and marketing communications agency serving the needs of public companies. The Allen & Caron international client base includes emerging growth companies in a range of industry segments. The firm has offices in Irvine, California; New York City and London; maintains representation in Paris; and has an affiliate relationship with a leading investor relations firm in Italy, with offices in Milan and Rome.
For more information, visit www.allencaron.com
Contacts |
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Identive Group, Inc. |
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United States: |
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Darby Dye |
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+1 949 553 4251 |
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Europe: |
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Fabien B. Nestmann |
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+41 44 839 7007 |
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Allen & Caron Inc |
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Rudy Barrio (Investors) |
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+1 212 691 8087 |
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Len Hall (Media) |
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+1 949 474 4300 |
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SOURCE Identive Group, Inc.
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