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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Financing, Stock Offerings (IPO)

Santa Ana, Calif. and Ismaning, Germany, May 23, 2011 (euro adhoc) -
Identive Group, Inc. (NASDAQ: INVE; Frankfurt: INV), a provider of
products, services and solutions for the security, identification and
RFID industries, today announced it is offering to sell shares of its
common stock in an underwritten public offering in the United States
pursuant to its effective shelf registration statement filed with the
U.S. Securities and Exchange Commission (the "SEC"). Cowen and
Company, LLC and Morgan Joseph TriArtisan LLC are acting as joint
book-running managers for the underwritten public offering. Identive
expects to grant the underwriters a 30-day option to purchase up to
an additional 15 percent of the offered amount of common stock from
Identive at the public offering price, less underwriting discounts
and commissions, to cover over-allotments, if any. The offering is
subject to market conditions and there can be no assurance as to
whether or when the offering may be completed, or as to the actual
size or terms of the offering. Identive intends to use the proceeds
of the offering to fund continued growth, acquisitions, working
capital and general corporate purposes.

Identive shares offered in the underwritten offering in the U.S. will
be issued pursuant to an effective shelf registration statement that
was previously filed with the SEC and was declared effective on May
3, 2011. A preliminary prospectus supplement describing the terms of
the underwritten offering has been filed with the SEC, and an
electronic copy is available on the SEC´s website at www.sec.gov.
Copies of the preliminary prospectus supplement and the accompanying
prospectus relating to the underwritten public offering in the U.S.
may also be obtained from Cowen and Company, LLC (c/o Broadridge
Financial Services, 1155 Long Island Avenue, Edgewood, NY 11717,
Attn: Prospectus Department, Phone: 631-274-2806, Fax: 631-254-7140)
or Morgan Joseph TriArtisan LLC 600 Fifth Avenue, 19th Floor, New
York, NY 10020, Attn: Prospectus Department, Phone: 212-218-3970,
Fax: 212-218-3705.

About Identive Group Identive Group, Inc. (NASDAQ: INVE; Frankfurt:
INV) is an international technology company focused on building the
world´s signature group in secure identification-based technologies.
The businesses within Identive Group provide 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. For additional info visit:
www.identive-group.com.

Forward-Looking Statements This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. Forward-looking statements can be
identified by words such as "anticipates," "believes," "plans,"
"will," "intends," "expects," and similar references to the future.
The Company cautions that these statements are qualified by important
factors that could cause actual results to differ materially from
those reflected by such forward-looking statements. Whether or not
the offering described above occurs is dependent on such factors as
market receptivity and the value of our common stock. Additional
information concerning other risks and uncertainties related to our
business are included in our Annual Report on Form 10-K for the year
ended December 31, 2010 and subsequent reports filed with the U.S.
Securities and Exchange Commission.

The distribution of this announcement and the offering of Identive
shares in certain jurisdictions may be restricted by law. No action
has been taken by Identive or any other person that would permit an
offering of such shares or possession or distribution of this
announcement or any other offering or publicity material relating to
such shares in any jurisdiction where action for that purpose is
required. Persons into whose possession this announcement comes are
required by Identive to inform themselves about, and to observe such
restrictions.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,
IN OR INTO AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN

end of announcement euro adhoc
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company: Identive Group Inc.
Carnegie Ave., Bldg. B 1900
US-CA 92705 Santa Ana
phone: +1 949 553 4280
FAX: +49 89 9595-5555
mail: investorrelations@identive-group.com
WWW: http://www.identive-group.com
sector: Computing & Information Technology
ISIN: US45170X1063
indexes: NASDAQ
stockmarkets: free trade/entry standard: Frankfurt, Nasdaq: New York, free trade:
Berlin, Hamburg, Stuttgart, Düsseldorf, München
language: English

ots Originaltext: Identive Group Inc.
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Frau Annika Oelsner
Tel.: +49 89 9595-5220
E-Mail: investorrelations@identive-group.com

Branche: Computing & Information Technology
ISIN: US45170X1063
WKN: A1C0ZG
Index: NASDAQ
Börsen: Frankfurt / free trade/entry standard
New York / Nasdaq
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

Quelle: OTS