FREMONT, Calif., May 16 /PRNewswire-FirstCall/ -- ActivIdentity Corporation , a global leader in digital identity assurance, today announced that Jason Hart, Chief Executive Officer and member of the Board of Directors, acquired 10,000 shares of common stock on the open market pursuant to a recently adopted prearranged stock trading plan. In accordance with this plan Mr. Hart may acquire up to a total of 100,000 shares of ActivIdentity common stock, subject to certain conditions. This plan was adopted in March 2006 and conforms to Rule 10b5-1 of the Securities Exchange Act of 1934. The plan terminates at the completion of the purchase of all shares designated by the plan or in March 2007, whichever occurs first.
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Rule 10b5-1 permits corporate officers and directors to adopt written, prearranged stock trading plans when they are not in possession of material non-public information. The transactions under these plans will be disclosed publicly through Form 4 filings with the SEC.
About ActivIdentity
ActivIdentity (formerly known as ActivCard) is a global provider of digital assurance solutions that allow customers to issue, use and manage trusted digital identities for secure transactions, communications and access to information. The Company's solutions include secure remote access, single sign-on, enterprise access cards, and multi-channel identification and verification. More than 10 million users globally in the enterprise, government and financial industries use the Company's solutions to safely and efficiently interact electronically. Headquartered in Fremont, Calif., the company has development centers in the United States, Australia, France, and sales and service centers in more than ten countries. For more information, visit http://www.actividentity.com/.
NOTE: ActivIdentity and ActivCard are registered trademarks in the United States and/or other countries. All other trademarks are the property of their respective owners in the United States and/or other countries.
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