SCMM Scm Microsystems (MM)

ISMANING, Germany, Oct. 23 /PRNewswire-FirstCall/ -- SCM Microsystems, Inc. (NASDAQ:SCMMNASDAQ:PrimeNASDAQ:Standard:NASDAQ:SMY), a leading provider of solutions that open the Digital World, today announced that Felix Marx, a seasoned executive in the smart card applications industry, has now taken up his new role at SCM as Chief Executive Officer, earlier than his expected start date of November 1, 2007. "I am pleased to be joining SCM, a global leader in reader technology, at a time when smart cards are beginning to play a crucial role in securing the Digital World," said Felix Marx, Chief Executive Officer of SCM. "SCM's contact and contactless readers are enabling a range of digital security applications, from contactless payment to eID, ePassports and eHealth. The company is also addressing the increased demand for RFID-based reader infrastructures for both existing and future smart card and tag populations, used to track and identify objects and people. A pioneer in smart card readers, SCM is also a trusted, state-of-the-art partner to governments, financial institutions and enterprises deploying emerging smart card applications. I look forward to working together with SCM's expert team to leverage the company's technology, expertise and financial strength in this dynamic digital environment." As previously announced, Mr. Marx, 40, joins SCM from NXP Semiconductor, where he most recently served as General Manager of Near Field Communication (NFC) business, which focuses on the use of existing contactless smart card standards, such as MIFARE, FeliCa and ISO 14443 technology, as well as other standards to enable devices such as mobile phones to act as secure access and payment mechanisms. About SCM Microsystems SCM Microsystems is a leading supplier of solutions that open the Digital World by enabling people to conveniently access digital content and services. The company develops, markets and sells the industry's broadest range of smart card reader technology for secure PC, network and physical access and digital media readers for transfer of digital content to OEM customers in the government, financial, enterprise, consumer electronics and photographic equipment markets worldwide. Global headquarters are in Ismaning, Germany. For additional information, visit the SCM Microsystems web site at http://www.scmmicro.com/. All trade names are either trademarks or registered trademarks of their respective holders. DATASOURCE: SCM Microsystems, Inc. CONTACT: Annika Oelsner, +49 89 9595-5220, , or Darby Dye, +1-510-249-4883, , both of SCM Microsystems, Inc. Web site: http://www.scmmicro.com/

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