ASSA ABLOY names new President of its Identification Technology Business Unit

Walluf 19 July 2006 – Juan Carlos García has been appointed Chief Executive Officer (CEO) of Assa Abloy ITG as of 1 July 2006. The Identifica-tion Technologies business unit of the Swedish group Assa Abloy specialises in RFID and smart card technologies in the field of ID management. The new CEO's chief task is the strategic repositioning of the brands ACG Identifica-tion Technologies, Sokymat, VisionCard and Omnikey under the umbrella of Assa Abloy ITG. Based in Germany, García is responsible for ITG’s global business, and reports to Joe Grillo, Executive Vice President of Assa Abloy's Global Technologies Division (GTD).

Juan García brings over 20 years of experience to his new job. As the former CEO and COO of ORGA Kartensysteme – one of the world's leading smart card manufacturers – he has gained extensive experience of the industry. García, who was born in Spain, has also held leading positions in multinational companies such as Terex Atlas, GEA Ecoflex, Wittenborg and Raychem.

  One of the CEO's main tasks is repositioning Assa Abloy ITG, under which the companies ACG Identification Technologies, Sokymat, VisionCard and Omnikey are united. ACG Identification Technologies is a leading supplier of components and technology for the smart card and RFID markets, Sokymat is the world's largest manufacturer of RFID transponders,
VisionCard produces and markets a wide range of smart cards and other cards, and Omnikey is one of the market leaders in the field of PC-connected reading devices for smart cards. In addition to the reorganisation of the portfolio and better use of synergies within the companies already involved, integration of further companies is on the agenda. The restructuring is planned for the near future.

“I'm very much looking forward to being involved in shaping the success of such an important player as Assa Abloy ITG at a strategic level,” says García. “To satisfy the dynamic market for ID management and RFID a lot must happen at the provider end. With a new and improved organisational structure we can position the long experience and expertise of the individual companies more precisely on the market. Besides, with an improved structure, we can implement major projects such as the collaboration in electronic passport projects in a highly professional way.”

“Throughout his professional career Juan García has demonstrated true leadership qualities,” says Joe Grillo. “He has an extensive international business background and a broad experience in the smart card market. Juan García will undoubtedly play an important role in the further success of the management team and in developing synergies between established brand names such as Sokymat, ACG, VisionCard and Omnikey.”

Juan García holds a Master of Science degree in Electrical Engineering at the Technical University of Madrid (Spain) and an MBA from IMD in Lausanne (Switzerland).

About ASSA ABLOY Identification Technologies (ITG)

ASSA ABLOY Identification Technologies( ITG) is focused on current and emerging solutions within the ID management and Radio Frequency Identification (RFID) markets and is one of the world´s leading suppliers of RFID components, products, solutions, and services.

Typical applications that we serve are national ID and e-passport programs, physical and logical access control, supply chain management, animal tagging, transport, and various industrial and manufacturing applications.

Comprised of a dynamic group of companies including ACG Identification Technologies, Sokymat, VisionCard and OMNIKEY, ITG innovation spans the value chain of smart card technology and RFID systems delivering identification technology products. ITG's comprehensive range of products include RFID transponders, contact and contactless smart cards and readers, as well as value-added services to developers and integrators of identification management systems and solutions.

The SmartWorldAcademy in Prague uniquely positions ITG at the forefront of the secure identification industry. ITG´s headquarters are located  in Walluf, Germany.

ITG is part of the Global Technologies Division of the ASSA ABLOY Group, the world's leading manufacturer and supplier of locking solutions listed on the Stockholm Stock Exchange with some 30,000 employees and annual sales of about EUR 3 billion.