Montpellier, France, June 18, 2024 - Tageos, a global leader in sustainable, high-performance RFID inlays and tags, today announced that all allegations of anticompetitive practices brought against the company by Identiv have been fully dismissed by the competent court in Munich, Germany.

From the outset, Tageos rejected all allegations as completely unfounded and expressed its full interest in and support for a thorough investigation and clarification. In a detailed decision, the court has now clarified that all allegations and accusations regarding the alleged misappropriation of trade secrets and confidential information are completely unfounded. In its decision of June 11, 2024 (Case No. 33 O 2836/24), the Munich Regional Court therefore rejected Identiv's application for a preliminary injunction in its entirety as unfounded.

With the decision of the Munich Regional Court and its findings, the proceedings are concluded. The court's dismissal of the allegations reaffirms Tageos' commitment to the highest ethical business practices and values with full integrity of the entire company and its employees towards all customers and market partners.

"We are absolutely satisfied and happy with the court's decision as it confirms the facts we presented and our position against the completely unfounded allegations," said Matthieu Picon, CEO of Tageos. "Success often brings envy, a fact that we unfortunately have to face. However, we can now continue to focus on innovation and growth to provide our customers with best-in-class RFID products of the highest quality."

About Tageos:

Tageos is a global market leader in the design and manufacturing of RFID inlays and tags. The company provides a comprehensive portfolio of high-quality, innovative RAIN RFID (UHF), NFC and HF products, enabling end customers such as retailers, brand owners and industrial manufacturers to identify, authenticate, track and trace, and complement their product offerings in a wide range of applications and markets. Tageos is ISO 9001:2015 and ISO 14001:2015 certified and has ARC Quality Certification from Auburn University’s RFID Lab for the design and manufacturing of its RFID inlays and tags. Tageos is headquartered in Montpellier, France, with further manufacturing sites, offices, sales, R&D and operations in China, Germany, Hong Kong, and USA. For more information, visit www.tageos.com.

Media Contact:
Tageos
Gerhard Dahlberg
Senior Manager Communications
Email: communications@tageos.com