Identive Group (INVE) +9.5% premarket after announcing it is providing 266K smart card readers...

|By:, SA News Editor

Identive Group (INVE) +9.5% premarket after announcing it is providing 266K smart card readers to an unnamed U.S. government agency for secure authentication and email encryption. "For this agency, the product delivery schedule was quite aggressive, and Identive was the only supplier capable of delivering the required volumes in a short time," the company says.