FOR IMMEDIATE RELEASE

Versasec and Identiv Announce Technology Partnership

Versasec Partners with Global Technology Company Identiv to Provide Strengthened Security and Identity Management

NEW YORK And STOCKHOLM, July 17, 2018 -- Versasec, the leader in smart card management systems, today announced its technology partnership with Identiv, a global provider of physical security and secure identification solutions. With the combined strength of Identiv's uTrust SmartID Secure Access Credentials for converged physical and logical access control and Versasec's vSEC:CMS for smart card management, the two technology companies will enhance focus on the security needs of customers in the government, enterprise, consumer, education, healthcare, and transportation sectors that already depend on Identiv and Versasec's access and identification solutions.

Designed for converged access, Identiv's uTrust SmartID Secure Access Credentials provide a single credential to access buildings and/or IT systems. Based on utilization of digital certificates, these credentials provide trusted identity authentication, digital signatures, secure remote access, desktop login, and data encryption/decryption. For physical access control systems (PACS), uTrust SmartID can combine high-frequency (ISO/IEC 14443/13.56 MHz) and low-frequency (125 kHz) technologies, leveraging different industry protocols including proximity, PKI at the door, PIV, Card Authentication Key (CAK), PLAID, and more.

"Identiv's stellar global reputation in security solutions makes the company a perfect partner for us," said Joakim Thorén, Versasec CEO. "As we continue working toward our goal of providing companies everywhere with the means for managing their security and identity management credentials through one system, vSEC:CMS, it's important that we join forces with technology companies that can offer complete security management solutions that meet a wide range of use cases."

vSEC:CMS, Versasec's smart card management system product suite, provides all the software tools to administer and manage smart cards in a secure and convenient way. By deploying vSEC:CMS, Identiv's customers can more easily manage uTrust SmartID Secure Access Credentials from issuance through termination, for both regular employees, mobile employees, and contract workers.

Companies can more efficiently and cost-effectively deploy enhanced security systems built around Identiv's uTrust SmartID Secure Credentials and Versasec's vSEC:CMS to visually identify employees, secure facilities and perimeter security, lock down IT networks, protect IP and data, and authenticate users, all while using a verified and trusted identity on one credential.

"The combination of Versasec's vSEC:CMS and Identiv's uTrust SmartID Secure Access Credentials enhances, protects, and strengthens our customers' PACS and IT defenses against physical threats, cyber attacks, hacking, and data breaches," said Dr. Manfred Mueller, Identiv COO and General Manager, Smart Card Readers and Credentials. "We are excited to partner with Versasec and offer our combined customers the strongest solution possible."

About Identiv

Identiv, Inc. is a global provider of physical security and secure identification. Identiv's products, software, systems, and services address the markets for physical and logical access control, video analytics and a wide range of RFID-enabled applications. Customers in the government, enterprise, consumer, education, healthcare, banking, retail, and transportation sectors rely on Identiv's access and identification solutions. Identiv's mission is to secure the connected physical world: from perimeter to desktop access, and from the world of physical things to the Internet of Everything. Identiv is a publicly traded company and its common stock is listed on the NASDAQ Capital Market in the U.S. under the symbol "INVE." For more information, visit https://www.identiv.com.

About Versasec

Versasec is the leading provider of state-of-the-art highly secure identity and access management solutions. With its flagship product, vSEC:CMS, Versasec eases the deployment of physical and virtual smart cards for enterprises of any size. Versasec's solutions enable its customers to securely authenticate, issue and manage user credentials more cost effectively than other solutions on the market.

Versasec maintains its mission of providing solutions that are affordable and easy to integrate, coupled with first-class support, maintenance, and training. Versasec customers include HSBC, Tieto, Raiffeisenbank, Hornbach, Daimler, Australia's Department of Defence, European Commission, Qualcomm, eBay, Saudi Aramco, IMF, L'Oreal and Cleveland Clinic Abu Dhabi. Versasec has offices in Sweden, Dubai, Singapore, the United States, the United Kingdom, France and Germany.

Versasec's products and services can be purchased and delivered worldwide through an extensive reseller network and via the Versasec web site: https://versasec.com. Follow us on Twitter (@versasec), LinkedIn (@versasec) and Facebook (@versasec).

PR Contacts: For Versasec, Marianne Dempsey, Rainier Communications
Email: versasec@rainierco.com, Phone: +1 (508) 475-0025, ext. 115.

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