ASSA ABLOY’S HID Global Corporation to Acquire Integrated Engineering (Integrated Engineering’s Press Release)

ASSA ABLOY’S HID Global Corporation to Acquire Integrated Engineering (Integrated Engineering’s Press Release)

Customers to benefit from responsive engineering competency complemented by worldwide support and distribution capability

AMSTERDAM, THE NETHERLANDS, March 15, 2007–Integrated Engineering, a leading powerhouse in the field of developing and manufacturing contactless (RFID) smart card solutions, today announced that it has been acquired by ASSA ABLOY’s HID Global, a leading manufacturer in the access control industry. A growing, profitable business with a talented management team and a strong product offering, IE will continue to operate as a separate business, with leadership in the Netherlands reporting to HID’s management structure at the highest levels.

IE was attractive to HID Global due to its flexible platform for MIFARE-based readers. Committed to designing reader platforms which are easily adapted to specific customer needs, IE will play a key part in HID Global’s strategic initiative to expand its position in the MIFARE (ISO 14443) market. HID Global’s strong brand position and wide distribution networks will assist IE’s talented technical and management teams in their efforts to make the company’s capabilities available to a broader base of customers worldwide.

HID Global anticipates further investing in the distribution of the IE reader line and expanding into new markets with new and existing customers. Although there is no immediate plan to integrate the HID and IE product lines, over time, new products will incorporate the stronger aspects of both lines. IE design and development expertise will likely extend into future HID products.

IE customers will benefit from the eventual expansion of regional sales and support, in addition to IE’s existing core competency in engineering. Customers will also benefit from HID Global’s extensive engineering resources, worldwide distribution capability and the new channel-focused sales structure, programs, products and services.

“HID’s brand strength and market leadership will expedite the realization of our goal of meeting customer needs around the globe,” stated Jan Peter Hulsker CEO of Integrated Engineering.

“We look forward to combining HID Global’s manufacturing and distribution resources with IE’s talented technical and management teams to make the company’s capabilities available to a broader base of customers worldwide,” said Denis Hébert, president and CEO, HID Global. “Our operational competencies should enable us to lower our customer’s the cost of doing business with IE.”

About HID Global

HID Global is a leading manufacturer in the access control industry, serving customers worldwide with proximity and contactless smart card technologies; central station managed access controllers; secure and custom card solutions; digital identity and photo card management software solutions; and secure card issuance solutions. Headquartered in Irvine, California, HID Global operates international offices that support more than 100 countries and is an ASSA ABLOY Group company. To learn more, please visit http://www.hidcorp.com

About Integrated Engineering

Integrated Engineering is an organization that continuously develops and markets its products and solutions focused in the area of physical and logical security, public transport, and retail. It is a Certified ISO 9001 company that remains

flexible to act as an innovative partner meeting the changing needs of their clients. The products meet the increasing demand for intelligent smart card solutions based on world wide accepted standards like ISO 14443 and ISO 15693.

To learn more about Integrated Engineering visit http://www.smart-ID.com.

® HID and iCLASS, are registered trademarks of HID Global Corporation. All other trademarks are property of their respective owners.

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