New Haven, CT (January 9, 2002) ASSA ABLOY AB announces the formation of the Identification Technology Group (ITG), headed by Joe Grillo and based out of ASSA ABLOY's U.S. headquarters in New Haven, Connecticut.
The Identification Technology Group is comprised of:
- Card Manufacturing Center of Excellence (North Haven, CT)
- HID Corporation (Irvine, CA)
- HID Corporation Ltd. (Haverhill, UK)
- Identification Technology Group Asia Pacific Ltd. (Hong Kong)
- Identification Technology Group Research and Development Center (Denver, CO)
- Indala (San Jose, CA)
"Our intent in forming the Identification Technology Group was to establish an ASSA ABLOY business entity made up of separate ASSA ABLOY Group companies," said Carl-Henric Svanberg, President of ASSA ABLOY AB and CEO of the ASSA ABLOY Group. "These individual business units are involved in the development, sale and distribution of electronic identification technology and components for the access control and smart card industries."
About ASSA ABLOY
The ASSA ABLOY Group is the world's leading manufacturer and supplier of locks and associated products, dedicated to satisfying end-user needs for security, safety and convenience. Current sales for the Group are in excess of 20 billion SEK (2 billion USD) and the number of employees is more than 25,000.
For further information, please contact Carl-Henric Svanberg, ASSA ABLOY President and CEO, Tel: +46 8 506 485 52 or Göran Jansson, CFO, Tel: +46 8 506 485 72.
ASSA ABLOY AB
P.O. Box 70340, S-107 23 Stockholm
Tel: +46 8 506 485 00, Fax: +46 8 506 485 85
Address: Klarabergsviadukten 90