IDENTIVE GROUP REPORTS RESULTS FOR ITS 2013 SECOND QUARTER

- Reaffirmed preliminary results issued on July 19th -

- Investment strategy beginning to deliver growth in key markets with record
order book for next 12 months -

SANTA ANA, Calif. and ISMANING, Germany, August 14, 2013 – Identive Group, Inc.
(NASDAQ: INVE) (Frankfurt: INV), a provider of products, services and solutions
for the identification, security and RFID industries, reported its financial
results for the second quarter (Q2) ended June 30, 2013.

“In the second quarter 2013, we delivered growth in target markets and gained
traction with key offerings, demonstrating Identive’s strategy is coming to
fruition,” said Ayman S. Ashour, CEO of Identive Group. “Focused on becoming the
leader in Secure ID, we have been investing in emergent markets with
hyper-growth potential, including NFC and mobility solutions, cashless payment,
and Identity-as-a-Service. Our Q2 results included successes that we believe are
the early stages of important positive trends.

“For example, our increased transponder capacity drove 50% growth in RFID tag
and inlay shipments. On the cutting edge of cashless payments, we have
established a strong business model and sealed it with additional stadium
contracts. In addition, we created a foothold with early adopters of identity
on-demand and have begun to build a stable recurring SaaS revenue stream.

“While our revenue growth momentum was offset by delays in project
implementation and sales in our normally stable Access Control & Security
business, we view the effects of the U.S. Government federal budget sequester as
a temporary setback. We are confident this business will improve and augment the
growth in our target emergent markets.

“Revenues excluding our U.S. Government business grew 13% year-over-year. During
Q2, more than one-quarter of transponders shipped were NFC, and more intelligent
products sales continued to improve transponder margins. These factors, combined
with good cost management, resulted in improvements to the bottom line,” added
Ashour.

/More

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Financial Results for Q2 2013 Compared with Q2 2012

Revenues were $23.6 million, compared with $23.9 million.     Revenues from the
Identity Management Services and Solutions segment were $10.6 million, compared
with $14.2 million.      Access Control & Security revenue decreased 41% related
to the U.S. Government federal budget sequester, the effects of which management
believes are temporary.      ID Solutions revenue decreased 16% due to the
timing of orders in Europe and lower demand in the U.S.      Cloud-based
Identity Management recorded its first meaningful revenue, won a major
international healthcare customer and signed a $2 million long-term SaaS
contract with a leading technology company.     Revenues from the ID Products
segment grew 34% to $13.0 million, compared with $9.7 million.      Transponders
revenues increased 81%, reflecting several large NFC product orders for mobility
and M2M applications.      ID Infrastructure revenues remained stable with
orders from several regions supporting a variety of applications.   GAAP gross
profit margin was 39%, compared with 40%, primarily due to lower Access Security
& Control sales.   GAAP operating expenses were $11.9 million, compared with
$52.9 million of which $39.7 million were related to goodwill and intangible
asset impairment costs and related adjustments.   Non-GAAP operating expenses
were $10.8 million, compared with $11.9 million; the 9% reduction reflects 2012
restructuring and ongoing initiatives to improve operational efficiencies.  
GAAP net loss was $(2.9) million, or $(0.05) per share, compared with net loss
of $(36.4) million, or $(0.61) per share, including the aforementioned
impairment costs.   Non-GAAP net loss was $(2.5) million, or $(0.04) per share,
compared with non-GAAP net loss of $(1.1) million, or $(0.02) per share.  
Adjusted EBITDA was $(1.0) million, compared with $(1.1) million.   Backlog at
the end of Q2 was $19 million, reflecting orders over the next 12 months for NFC
and reader products as well as payment and cloud-based systems; also on the
order book is an additional $8 million from longer-term contracts.   Cash and
cash equivalents were $3.7 million at June 30, 2013, compared with $7.4 million
at December 31, 2012. Today, the company announced that it has confirmed
subscriptions in connection with a private placement of its equity securities
that is expected to close this week.  

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David Wear, chief financial officer of Identive stated, “We believe our August
financing demonstrates our investors agree there is great promise in NFC and
mobility solutions, cashless payment, and cloud-based identity management. With
the capital raise we announced today and our strongest backlog to date, we are
better positioned to drive ahead with our strategy for investment in products,
solutions and capacity. While our near-term guidance is modest, we have sown the
seeds for long-

term growth.”

Outlook for Q3 2013

Based on its current expectations and the continued uncertainty associated with
the U.S. Government business, management expects revenues of $23.0 million to
$25.0 million for the third quarter of 2013, and further expects adjusted EBITDA
of $(0.5) million to $0.5 million. For full year 2013, management expects
revenues of $98.0 million to $105.0 million and adjusted EBITDA of

$(1.0) million to $1.0 million.

Conference Call and Webcast Information

Identive Group will host a conference call and webcast today at 9:00 AM Eastern
Time, which can be accessed by dialing 888.771.4371 (toll free within the U.S.)
or +1 847.585.4405 (for international callers) and using pass code 35451556. A
webcast of the call that includes presentation slides can be accessed by
visiting the investor relations section of the Company’s website at
www.identive-group.com, and by clicking on “Presentations, Reports & Webcasts,”
where it also will be archived for those unable to listen to the live webcast.
An audio replay of the call also will be available for one week and can be
accessed by dialing 888.843.7419 (toll free within the U.S.) or +1 630.652.3042
(for international callers) and using pass code 35451556.

Non-GAAP Measures

Non-GAAP gross profit margin, adjusted EBITDA and non-GAAP net loss and net loss
per share all exclude various items that are detailed in the financial table and
accompanying footnotes reconciling GAAP to non-GAAP results contained in this
release. An explanation of these measures is also included below under the
heading "Non-GAAP Financial Measures."

About Identive Group

Identive Group, Inc. (NASDAQ: INVE) (Frankfurt: INV) is focused on building the
world’s signature company in Secure ID. The company’s products, software,
systems and services address the markets for identity management, physical and
logical access control, cashless payment, NFC solutions and a host of
RFID-enabled applications for customers in the government, enterprise, consumer,
education and healthcare sectors. Identive’s mission is

Page 3 of 10

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to build a lasting business of scale and technology based on a combination of
strong technology-driven organic growth and disciplined acquisitive expansion.
The company delivers up-to-date information on its activity as well as industry
trends through its industry-leading social media initiatives and educational
resource, AskIdentive.com. For additional information, please visit
www.identive-group.com or follow on Twitter at @IdentiveGroup.

Non-GAAP Financial Measures (Unaudited)

Identive has provided in this release financial information that has not been
prepared in accordance with GAAP, including non-GAAP gross profit margin,
adjusted EBITDA and non-GAAP net income (loss) and net income (loss) per share.
Identive uses these non-GAAP financial measures internally in analyzing its
financial results and believes they are useful to investors, as a supplement to
GAAP measures, in evaluating Identive’s ongoing operational performance.
Identive believes that the use of these non-GAAP financial measures provides an
additional tool for investors to use in evaluating ongoing operating results and
trends. As noted, the non-GAAP financial results discussed above exclude items
detailed in the reconciliation table and accompanying footnotes contained within
this release. Non-GAAP financial measures should not be considered in isolation
from, or as a substitute for, financial information prepared in accordance with
GAAP. Investors are encouraged to review the reconciliation of these non-GAAP
measures to their most directly comparable GAAP financial measures as detailed
in this release.

Note Regarding Forward Looking Information:

This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking statements can be
identified by words such as “anticipates,” “believes,” “plans,” “will,”
“intends,” “expects,” and similar references to the future. Examples of such
statements include, without limitation, statements we make regarding our
expectations regarding our strategy coming to fruition; continued or increased
growth in our business as a result of our investments in NFC and mobility
solutions, cashless payment, and SaaS-based identity management; that our
results in Q2 indicate important positive trends for future growth; our
expectations regarding the generation of stable recurring revenue in our SaaS
business; our expectations for improved sales in the U.S. Government market and
continued growth in our target emergent markets; and our expectations regarding
continued or increased demand for our products, solutions and services,
including our Transponder and NFC products, our ID Infrastructure products, our
payment solutions and our idOnDemand SaaS solutions. Readers should not unduly
rely on these forward-looking statements, which are not a guarantee of future
performance and are subject to a number of risks and uncertainties, many of
which are outside our control, which could cause our actual business and
operating results to differ. Factors that could cause actual results to differ
materially from those in the forward-looking statements include our ability to
grow our company based on a strategy of providing products, systems and services
for the secure identification market; our ability to successfully develop and
commercialize new products and

Page 4 of 10

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solutions that satisfy the evolving and increasingly complex requirements of
customers; our ability to finance continued investments in technology, products
and manufacturing capacity to develop products and solutions for the market;
whether the markets in which we participate or target may grow, converge or
standardize at anticipated rates or at all, including the markets that we are
targeting; our ability to successfully compete in the markets in which we
participate or target; our ability to meet our sales forecasts; our ability to
meet financial covenants of our loan agreement; our ability to meet growing
demand for our products; and general global political and economic factors which
are beyond our control but may unduly impact our markets and our business. For a
discussion of further risks and uncertainties related to our business, please
refer to our public company reports, including our Annual Report on Form 10-K
for the year ended December 31, 2012 and subsequent reports filed with the U.S.
Securities and Exchange Commission. All forward-looking statements are based on
information available to us on the date hereof, and we assume no obligation to
update such statements.

Nothing contained herein constitutes or should be construed as an offer to sell
or a solicitation of an offer to buy any securities in the Company.

###

Note: Identive and the Identive logo are trademarks of Identive Group, Inc,
registered in many jurisdictions worldwide. All other company, product or
service names may be trademarks or registered trademarks of others and are the
property of their respective owners.

Contacts:

Identive:

Darby Dye, +1 949 553 4251, ddye@identive-group.com

Lennart Streibel, +49 89 9595 5195, lstreibel@identive-group.com

LHA:

Kirsten Chapman and Becky Herrick, +1 415 433 3777, identive@lhai.com

– FINANCIALS FOLLOW –

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    IDENTIVE GROUP, INC.                  Condensed Consolidated Statements of
Operations                                                                     
                         (In thousands, except per share data)                 
    (Unaudited)                                    Three Months Ended           
Six Months Ended 

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                   June 30,    March 31,    June 30,    June 30,    June 30,   
      2013        2013    2012        2013    2012 

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                    Restated            Restated                           (A) 
               (A)  Net revenue                 $    23,595                 $   
21,064    $ 23,856    $    44,659    $ 45,062  Cost of revenue        14,418   
    12,893    14,256        27,311    26,724  Gross profit        9,177       
8,171    9,600        17,348    18,338  Operating expenses:                     
            Research and development        2,226        2,010    2,384       
4,236    4,875  Selling and marketing        5,772        5,719    6,530       
11,491    13,538  General and administrative        3,881        4,604    4,410 
      8,485    9,934  Impairment of long-lived assets        -        -   
23,915        -    23,915  Impairment of goodwill        -        -    21,450   
    -    21,450  Re-measurement of contingent consideration        -        -   
(6,086)        -    (5,657)  Restructuring        -        -    278        -   
278  Total operating expenses        11,879        12,333    52,881       
24,212    68,333  Loss from operations        (2,702)        (4,162)   
(43,281)        (6,864)    (49,995)  Other expense        -        -    (158)   
    -    (158)  Interest expense, net        (770)        (687)    (353)       
(1,457)    (644)  Foreign currency gain (loss), net        373        (221)   
(299)        152    (79)  Loss before income taxes and non-controlling         
                        interest        (3,099)        (5,070)    (44,091)     
  (8,169)    (50,876)  Income tax (provision) benefit        (7)        114   
5,251        107    5,430  Consolidated net loss        (3,106)        (4,956) 
  (38,840)        (8,062)    (45,446)  Less: net loss attributable to
noncontrolling                                  interest        211        175 
  2,469        386    2,846  Net loss attributable to Identive Group, Inc.     
                            stockholders' equity               $    (2,895)     
         $    (4,781)    $ (36,371)    $    (7,676)    $ (42,600)  Basic and
diluted loss per share attributable to                              Identive
Group, Inc. stockholders' equity               $    (0.05)               $   
(0.08)    $ (0.61)    $    (0.13)    $ (0.72)  Weighted average shares used to
compute                                  basic and diluted loss per share       
62,248        60,233    59,686        61,246    59,143 

(A)      As stated in Note 17 to the Consolidated Financial Statements in its
2012 Annual Report on Form 10-K, the Company determined that the income tax
benefit of $5.5 million related to its impairment of certain intangible assets
should have been recorded in the Company’s Form 10-Q for the three and six
months ended June 30, 2012. The amounts presented for the three and six months
ended June 30, 2012 have been restated to correct the impact of such error. As a
result of this correction, consolidated net loss and loss per share was reduced
by approximately $5.5 million and $(0.09), respectively, during such periods.  

Page 6 of 10

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IDENTIVE GROUP, INC. Condensed Consolidated Balance Sheets (In thousands)      
   June 30,    December 31,          2013        2012 

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ASSETS    (unaudited)         (B)  Current assets:                             
   Cash and cash equivalents    $    3,690     $    7,378               
 Accounts receivable, net of allowances        14,446        17,261             
   Inventories        11,776        8,892                 Prepaid expenses and
other current assets        2,983        3,659                             
 Total current assets        32,895        37,190  Property and equipment, net 
      9,077        8,892  Goodwill        44,950        45,270  Intangible
assets, net        11,009        11,882  Other assets        1,315        1,671 
               Total Assets     $    99,246    $    104,905  LIABILITIES AND
STOCKHOLDERS’ EQUITY                  Current liabilities:                     
           Accounts payable    $    12,983     $    12,926               
 Liability to related party        1,574        1,552                 Liability
for consumer cards        5,680        5,811                 Financial
liabilities        4,872        4,532                 Deferred revenue       
3,209        2,843                 Accrued compensation and related benefits   
    3,338        3,164                 Other accrued expenses and liabilities   
    6,685        6,490                               Total current liabilities 
      38,341        37,318  Long-term liability to related party        5,934   
    6,177  Long-term financial liabilities        8,040        9,795  Other
long-term liabilities        2,458        2,025                 Total
liabilities        54,773        55,315                 Total stockholders’
equity        44,473        49,590                 Total liabilities and
stockholders’ equity     $    99,246    $    104,905 

(B)      The condensed consolidated balance sheet has been derived from the
audited consolidated financial statements at December 31, 2012 but does not
include all the information and footnotes required by U.S.     GAAP for complete
financial statements.  

Page 7 of 10

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IDENTIVE GROUP, INC. Revenue Detail (in thousands) (unaudited) 2013           
Three Months Ended                Year to Date 

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    March 31        June 30    September 30    December 31        June 30 

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ID Infrastructure    $ 5,643       $    5,812        -        -        $   
11,455  Transponders    4,350        7,208        -        -            11,558 

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 Total ID Products segment    $ 9,993       $    13,020        -        -       
$    23,013 

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Access Control & Security    5,162        4,381        -        -           
9,543  Cloud-based Solutions    198        649        -        -            847 
ID Solutions    5,712        5,537        -        -            11,249 

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 Total Identity Management segment    $ 11,072       $    10,567        -       
-        $    21,639 

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Total Revenue    $ 21,065       $    23,587        -        -        $   
44,652 

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  2012            Three Months Ended                Year Ended 

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    March 31        June 30    September 30    December 31        December 31 

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ID Infrastructure    $ 4,784       $    5,693     $    5,888     $    6,390   
#    $    22,755  Transponders    3,717        3,980        3,225        6,774 
  #        17,696 

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 Total ID Products segment    $ 8,501       $    9,673     $    9,113     $   
13,164        $    40,451 

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Access Control & Security    6,766        7,399        7,273        7,122    # 
      28,560  Cloud-based Solutions    316        197        120        260   
#        893  ID Solutions    5,623        6,587        6,440        6,046    # 
      24,696 

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 Total Identity Management segment    $ 12,705       $    14,183     $   
13,833     $    13,428    #    $    54,149 

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Total Revenue    $ 21,206       $    23,856     $    22,946     $    26,592   
#    $    94,600 

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    IDENTIVE GROUP, INC.                                                       
           Reconciliation of GAAP and Non-GAAP Financial Information           
  (In thousands)                  (unaudited)                                   
                         Three Months Ended        Six Months Ended 

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                   June 30,    March 31,    June 30,    June 30,    June 30,   
  2013    2013    2012       2013    2012 

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  Reconciliation of GAAP and non-GAAP gross profit                  margin     
                GAAP cost of revenue    14,418    12,893    14,256    27,311   
26,724  Reconciling items included in GAAP cost of revenue:                     
 Stock-based compensation    (19)    (19)    (10)    (38)    (18)   Transition
and integration costs    (15)    -    (91)    (15)    (101)   Amortization and
depreciation    (566)    (543)    (1,029)    (1,109)    (1,537) 

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Total reconciling items included in GAAP cost of                      revenue   
(600)    (562)    (1,130)    (1,162)    (1,656) 

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Non-GAAP cost of revenue    13,818    12,331    13,126    26,149    25,068 

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Non-GAAP gross profit margin    41%    41%    45%    41%    44% 

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  Reconciliation of GAAP and non-GAAP operating                      expenses   
                  GAAP operating expenses    11,879    12,333    52,881   
24,212    68,333  Reconciling items included in GAAP operating                 
    expenses:                       Impairment of long-lived assets    -    -   
(23,915)    -    (23,915)   Impairment of goodwill    -    -    (21,450)    -   
(21,450)   Stock-based compensation    (347)    (456)    191    (803)    (305) 
 Re-measurement of contingent consideration    -    -    6,086    -    5,657 
 Pension expenses    (101)    (105)    -    (206)    -   Gain/loss on disposal
of fixed assets    -    -    (9)    -    (9)   Amortization and depreciation   
(511)    (452)    (1,037)    (963)    (2,003)   Acquisition costs    (13)    - 
  (73)    (13)    (250)   Transition and integration costs    (99)    (255)   
(519)    (354)    (1,098)   Restructuring    -        (278)        (278) 

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Total reconciling items included in GAAP operating                     
expenses    (1,071)    (1,268)    (41,004)    (2,339)    (43,651) 

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Non-GAAP operating expenses    10,808    11,065    11,877    21,873    24,682 

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  Reconciliation of GAAP net loss to adjusted                      EBITDA       
              Net loss attributable to Identive Group, Inc.    (2,895)   
(4,781)    (36,371)    (7,676)    (42,600)  Reconciling items included in GAAP
net loss:                       Provision (benefit) for income taxes    7   
(114)    (5,251)    (107)    (5,430)   Net loss attributable to noncontrolling
interest    (211)    (175)    (2,469)    (386)    (2,846)   Interest expense
(income), net    770    687    353    1,457    644   Foreign currency losses
(gains), net    (373)    221    299    (152)    79   Other expense (income),
net    -    -    158    -    158   Impairment of long-lived assets    -       
23,915        23,915   Impairment of goodwill    -        21,450        21,450 
 Stock-based compensation    366    475    (181)    841    323   Re-measurement
of contingent consideration    -    -    (6,086)        (5,657)   Pension
expenses    101    105        206       Amortization and depreciation    1,077 
  995    2,066    2,072    3,540   Acquisition costs    13    -    73    13   
250   Transition and integration costs    114    255    610    369    1,199 
 Gain/loss on disposal of fixed assets    -    -    9    -    9   Restructuring 
  -        278        278 

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Total reconciling items included in GAAP net loss    1,864    2,449    35,224   
4,313    37,912 

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Adjusted EBITDA    (1,031)    (2,332)    (1,147)    (3,363)    (4,688) 

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    IDENTIVE GROUP, INC.                                                       
           Reconciliation of GAAP and Non-GAAP Financial Information           
  (In thousands)                      (unaudited)                        --
Continued --                                                               Three
Months Ended        Six Months Ended 

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    June 30,    March 31,    June 30,    June 30,    June 30,      2013       
 2013     2012     2013    2012 

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Reconciliation of GAAP net loss to GAAP net                      income (loss) 
                    Net loss attributable to Identive Group, Inc.               
      Stockholders’ Equity    ($2,895)    ($4,781)    ($36,371)    ($7,676)   
($42,600)  Net loss per share    ($0.05)    ($0.08)    ($0.61)    ($0.13)   
($0.72)  Reconciling items included in GAAP net loss:                     
 Impairment of goodwill    -    -    21,450    -    21,450   Impairment of long
lived assets    -    -    23,915    -    23,915   Impairment related tax
benefit    -    -    (5,504)    -    (5,504)   Re-measurement of contingent
consideration    -    -    (6,086)    -    (5,657)   Amortization of intangible
assets    435    435    1,485    870    2,420 

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Total reconciling items included in GAAP net loss    435    435    35,260   
870    36,624 

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Non-GAAP net loss    ($2,460)    ($4,346)    ($1,111)    ($6,806)    ($5,976) 

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Non-GAAP net loss per share    ($0.04)    ($0.07)    ($0.02)    ($0.11)   
($0.10) 

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Weighted average shares used to compute basic and                  diluted loss
per share    62,248    60,233    59,686    61,246    59,143 

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