DALLAS, Aug. 2, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Identive Group Inc. (Nasdaq:INVE). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/INVE
Identive Group Inc. (INVE) is an international technology company focused on building the world's signature group in secure identification-based technologies. It is comprised of a group of businesses with deep industry expertise and well-known global brands in their individual markets, which provide leading-edge products and solutions in the areas of physical and logical access control, identity management and radio frequency identification (RFID) systems to governments, commercial and industrial enterprises, healthcare and consumers. INVE's growth model is based on a combination of strong technology-driven organic growth from the businesses within the group and disciplined acquisitive development.
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In the report, the analyst notes:
"Shares of INVE gained $0.04, or 1.89%, to close Monday at $2.16, extending gains on Friday after the Company said it was chosen by a leading mobile handset manufacturer to design and supply more than 1 million near field communication (NFC) tags over the next six months."
"INVE posted revenue of $22.4 million for the first quarter ended March 31, 2011, up 46% from $15.3 million in the comparable quarter last year, attributable to a 24% organic growth and the inclusion of revenue from the acquired Multicard U.S. and Smartag businesses."
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