Identive Ranked Among Fastest-Growing Technology Companies in North America

Identive Group, Inc. announced that it has ranked number 468 on the 2011 Deloitte Technology Fast 500, which ranks the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This recognition is based on the percentage of revenue growth from 2006 to 2010, during which Identive grew by 152 percent.

Identive’s CEO and chairman Ayman S. Ashour credits the company’s growth to its comprehensive offerings along the Secure ID technology value chain and the central role of identity management in emerging applications — from contactless ticketing to enterprise security to mobile payments.

“Identive’s inclusion in the Technology Fast 500 highlights the growing need for solutions that enable secure management of our identity credentials, whether as citizens, employees or consumers,” said Ashour. “Identive addresses the need for Secure ID products and solutions along the value chain, with a strong foundation of IP in RFID and smart card technologies and significant expertise in the development and implementation of ID systems. As the incorporation of identity credentials in NFC mobile phones spurs new applications and usage models, we will continue to focus on providing identity management solutions that protect people, data and assets.”