IDENTIV’s Transponder VP/GM Joins NFC Forum Board of Directors

September 15, 2022

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IDENTIV($NASDAQ:INVE)’s Transponder VP/GM, Scott Lindenbaum, has been named to the NFC Forum Board of Directors. The NFC Forum is a not-for-profit industry association that promotes the use of Near Field Communication technology. Lindenbaum has been with IDENTIV for over 10 years, and in his current role, is responsible for the company’s transponder business, which includes NFC tags, inlays, and labels. “The NFC Forum is playing a vital role in advancing the adoption of NFC technology, and I look forward to contributing to its work.” The NFC Forum Board of Directors is made up of leading companies in the NFC ecosystem, including device manufacturers, chip makers, network operators, software developers, and service providers. As a member of the Board, Lindenbaum will help shape the NFC Forum’s strategy and direction.

Price History

The NFC Forum is a non-profit industry association that promotes the use of Near Field Communication technology. IDENTIV is a leading provider of NFC solutions. As a member of the Board, Hayfield will help shape the future of NFC technology and its applications. IDENTIV stock opened at $13.4 on Wednesday and closed at $13.2, down by 1.0% from its prior closing price of $13.3.

VI Analysis

According to the data provided by the app, Identiv has an intermediate health score of 4/10 with regard to its cashflows and debt. This means that the company might be able to safely ride out any crisis without the risk of bankruptcy. However, Identiv is classified as a ‘cheetah’ company, which means that it is a high growth company that is considered less stable due to lower profitability. High growth companies are deemed more volatile as they attempt to grow faster. Therefore, while Identiv may be strong in terms of assets, it is weak in terms of dividend and profitability.

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Summary

IDENTIV is a leading global provider of physical security and identity solutions. The company’s products, software, systems, and services address the needs of businesses, governments, and consumers around the world. The NFC Forum is a non-profit industry association that promotes the use of Near Field Communication technology. Ms. Stolen has been with IDENTIV for more than 10 years, and she has played a key role in the development and deployment of the company’s transponder products. In her new role on the NFC Forum Board of Directors, Ms. Stolen will help to shape the future of NFC technology. IDENTIV’s products are used in a variety of applications, including access control, asset tracking, and payment processing. The company’s transponder products are based on NFC technology, and they are used in IDENTIV’s Trusted Tag and Trusted Identity Platform products. The Trusted Tag product is a secure NFC tag that can be used to store data such as digital signatures, cryptographic keys, and biometric templates. The Trusted Identity Platform is a secure NFC reader that can be used to authenticate individuals and devices. IDENTIV’s products are used by businesses and governments around the world to secure facilities, assets, and information. The company’s products are also used by consumers to make contactless payments and to access digital content.

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