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ActivCard S. A. Goes Public on EASDAQ.


REDWOOD CITY, Calif.--(BUSINESS WIRE)--Dec. 23, 1996--ActivCard S.A., parent company of ActivCard, Inc., announced today its successful Initial Public Offering (IPO) on Europe's new technology oriented stock exchange, EASDAQ See European Association of Securities Dealers Automated Quotation.  (Symbol:ACTV).

ActivCard S.A., a networking and communications security company, opened its U.S. corporate headquarters in Redwood City, California Redwood City is a suburb located on the San Francisco Peninsula in the San Francisco Bay Area of California. Redwood City is the county seat of San Mateo County. As of the 2005 census, the city had a total population of 76,000.  in May 1996.

ActivCard, Inc., headquartered in Redwood City, is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of ActivCard S.A. ActivCard is a global company providing token-based authentication solutions for computer and communications networks. ActivCard products are based on an open systems architecture and comply with ISO and ANSI (American National Standards Institute, New York, www.ansi.org) A membership organization founded in 1918 that coordinates the development of U.S. voluntary national standards in both the private and public sectors. It is the U.S. member body to ISO and IEC.  international standards. For more information, call 800/529-9499, or visit us at http://www.activcard.com .

CONTACT: ActivCard, Inc.

Herzel Ashkenazi, 415/654-1700

hashkena@activcard.com
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 23, 1996
Words:125
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