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Gary Kremen Joins Board as Identiv Positions for Growth

Company has simplified its business to create a focused growth platform

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Internet business pioneer Gary Kremen has joined the Board of Directors of Identive Group, Inc.

“Over the past 14 weeks, we have substantially simplified the business to create a focused growth platform that leverages our core competencies in delivering unique and patented trust solutions for premises, information and the rapidly growing market of everyday items. The key here is identities moving from analog to digital for billions of connected everyday items. Identiv intends to be at the heart of this revolution,” said Jason Hart, CEO of Identiv. “To support and guide this vision, I am extremely pleased to welcome Gary to our board. He is an iconic Silicon Valley technology pioneer who has identified and executed on important trends before others have seen the opportunity.”

“With a rare blend of vision and business pragmatism, Gary will be an invaluable steward as we transform Identiv into a profitable and high-growth security technology company delivering Trust Solutions to the Internet of Things,” said Steven Humphreys, chairman of the Board.

Kremen is a serial entrepreneur who invented online dating, having founded the dating website Match.com. He also founded Clean Power Finance, the leading white-label residential solar finance company, backed by Google, Kleiner Perkins Caufield & Byers, Edison International (parent company of Southern California Edison) and Duke Energy, among others.

“This is an exciting time to be joining Identiv and I look forward to sharing my experiences and contributing to the company’s growth,” Kremen said. “In our increasingly interconnected world, trust is the number one business enabler and Identiv has the clear potential to become a leader in delivering trust for the Internet of Things.”

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