Identiv Partners With 3M to Expand Physical Access Market by Sharing Products and Technology
March 13 2015 - 9:00AM
Identiv, Inc. (Nasdaq:INVE) today announced that it has entered a
bilateral partnership with 3M, an innovative technology company
that serves consumer, electronics and energy, healthcare,
industrial, and safety and graphics markets. Initially, Identiv's
uTrust TS Reader technology is being integrated into 3M's MiY
multi-factor authentication biometric devices. Both Identiv and 3M
will sell the completed solution.
This partnership provides Identiv and 3M's customers with
high-security assurance and forward compatibility to meet multiple
compliance mandates. Identiv's uTrust TS Reader is specifically
designed to support any existing building access system (such as
Identiv, Lenel, AMAG, Honeywell, Bosch, Casi, or Software House)
and provide a forward path to newer standards, such as U.S.
government Federal Identity, Credential, and Access Management
(FICAM) compliance and network cabling.
"Integrating Identiv's new reader line with MiY will allow 3M to
expand our credential support within our MiY product line," said
Chris Crump, 3M Global Portfolio Manager. "This partnership
provides our customers and Identiv's with the best solution for
high assurance physical access."
The uTrust TS Reader platform supports all major commercial and
government access credentials, including U.S. government PIV,
PIV-I, and CAC. High-assurance credentials are quickly and easily
available from Identiv's idOnDemand service — delivering a
standards-based, single trusted identity solution via a cloud-based
service.
"We're excited to partner with 3M and broaden the use of our
industry-leading uTrust TS Reader platform," said Jason Hart,
Identiv CEO. "Customers can be confident that they are buying a
reader compatible with existing access technologies that also paves
a clear path to future high-assurance standards, including U.S.
government FICAM mandates and a networked infrastructure."
Identiv's uTrust Technology Partnership Program provides
original equipment manufacturers (OEMs) access to Identiv's uTrust
solution portfolio to integrate into their own solutions. The
program focuses on expanding the use of uTrust technologies beyond
traditional Identiv channels and applications. The goal is to
provide partnership members with the products to manage identities
within their respective technology platforms.
About Identiv
Identiv is a global security technology company that establishes
identity in the connected world, including premises, information,
and everyday items. CIOs, CSOs, and product departments rely upon
Identiv's trusted identity solutions to reduce risk, achieve
compliance, and protect brand identity. Identiv's trust solutions
are implemented using standards-driven products and technology,
such as digital certificates, trusted authentication, mobility, and
cloud services. For more information, visit identiv.com.
About 3M
3M is a diversified technology company serving customers and
communities with innovative products and services. Each of 3M's
businesses has earned leading global market positions. 3M captures
the spark of new ideas and transforms them into thousands of
ingenious products. The company's culture of creative collaboration
inspires a never-ending stream of powerful technologies that make
life better. 3M is the innovation company that never stops
inventing. With $30 billion in sales, 3M employs 88,000 people
worldwide and has operations in more than 70 countries. For more
information, visit 3m.com.
CONTACT: Identiv Media Contacts:
Angela Lestar/David Sikorski
MSLGROUP
781-684-0770
identiv@mslgroup.com
Investor Relations Contacts:
David Isaacs/Leah Polito
Sard Verbinnen & Co
415-618-8750
identiv-IR@sardverb.com
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