Identiv NFC-Enabled Smart Packaging Drives Outstanding Results for OTACA Tequila Through Consumer Engagement

Rhea-AI Summary

Identiv, Inc. (NASDAQ: INVE) announced the successful pilot launch of NFC-enabled smart packaging for OTACA Tequila, with 5,000 bottles digitized. Following this success, OTACA plans to produce an additional 50,000 bottles in Q1 2023. Identiv's NFC tags enhance consumer engagement, providing insights into purchasing habits and facilitating re-orders. The collaboration aims to strengthen brand loyalty and transparency in product provenance using blockchain technology. OTACA Tequila has won multiple awards, boosting its market presence.

Positive

• 5,000 bottles of OTACA Tequila successfully digitized during the pilot launch.
• Plans to ramp up production to 50,000 bottles in Q1 2023.
• NFC tags provide valuable consumer insights and boost re-order capabilities.
• OTACA Tequila recognized with multiple prestigious awards enhancing brand reputation.

Negative

• None.

Over 5,000 OTACA Tequila bottles digitized with Identiv's tap-and-go NFC in pilot launch

FREMONT, Calif., July 19, 2022 /PRNewswire/ -- Identiv, Inc. (NASDAQ: INVE), global digital security and identification leader in the Internet of Things (IoT), today announced the successful completion of the pilot launch of Identiv's near field communication (NFC)-enabled smart packaging for OTACA Tequila. With over 5,000 bottles of tequila successfully digitized during the pilot launch, OTACA plans to ramp its production plans with Identiv to an additional 50,000 bottles of Reposado tequila in the first quarter of 2023.

Over 5,000 OTACA Tequila bottles digitized with Identiv's tap-and-go NFC in pilot launch

In October 2021, Identiv announced a collaboration with OTACA Tequila to expand smart packaging innovations with NFC-enabled authentication, transparency, customer loyalty, and brand awareness. High-performing NTAG 210u NFC tags power the new smart packaging solution attached to the top of OTACA Tequila bottles. OTACA is the first spirits company to fully digitize its product offerings with NFC.

"From the proof of concept to pilot and now the upcoming production phase, our collaboration with OTACA has delivered significant results," said Amir Khoshniyati, VP and GM, Transponders, Identiv. "The market demand for OTACA continues to grow. Our NFC tags on OTACA Tequila bottles are propelling global sales by facilitating re-orders, while delivering unparalleled insights into consumer habits and behaviors," added Khoshniyati.

"We have worked hard to create a highly personalized experience for our OTACA Tequila customers," said Anthony Accetta, CEO and Founder, OTACA Tequila. "Each purchased bottle maps a journey, inviting a digital touchpoint with product provenance and authentication upon every consumer NFC tag tap. We're looking forward to further growth with Identiv, including plans to expand with Anejo," stated Accetta.

The NFC tag, combined with blockchain technology, strengthens the validity of the tequila's origins. A true artisanal sipping spirit, OTACA Tequila has been recently recognized for multiple awards including 2022 Sip Awards Double Gold, 2021 Cigar and Spirits Magazine World Spirits competition, and 2022 Spirits Business Awards Gold, Tequila and Mezcal Masters category.

Identiv's NFC-enabled solutions feature a complete portfolio of tags and form factors allowing customers and partners of wine and spirits, high-end luxury goods, and sports jerseys to create their own NFC products, ecosystems, and experiences. Identiv is recognized for offering the highest quality NFC tags with innovative known designs, global scale, and depth of converting and encoding capabilities. Shop the portfolio at shop.identiv.com. For custom options, contact transponder_sales@identiv.com or +1 888-809-8880.

About Identiv
Identiv, Inc. is a global leader in digitally securing the physical world. Identiv's platform encompasses RFID and NFC, cybersecurity, and the full spectrum of physical access, video, and audio security. Identiv is a publicly traded company, and its common stock is listed on the NASDAQ Stock Market LLC in the U.S. under the symbol "INVE". For more information, visit identiv.com.

About OTACA Tequila
OTACA Tequila is a boutique agave spirits brand made from 100% Blue Weber agave piñas grown in the lowlands — Mexico's gateway to the blue agave region of the Jaliscan Lowlands. Each hand-selected agave piña is harvested once it reaches its optimum maturity after eight years and then fermented, twice filtered, and twice distilled through a proprietary chilling process. The result is a pristine, ultra-smooth sipping tequila presenting the purest expression of agave's natural flavors. For more information, visit otacatequila.com.

Identiv Media Contact:
arose@Identiv.com

OTACA Media Contact:
talia@outshinepr.com

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SOURCE Identiv

FAQ

What are the results of Identiv's partnership with OTACA for NFC-enabled packaging?

Identiv's partnership resulted in the successful digitization of 5,000 OTACA Tequila bottles, with plans for 50,000 more in Q1 2023.

How does NFC technology enhance OTACA Tequila's product offerings?

NFC technology allows consumers to engage with the product, track authenticity, and re-order easily, enhancing brand engagement.

What awards has OTACA Tequila received?

OTACA Tequila has won multiple awards including the 2022 Sip Awards Double Gold and 2022 Spirits Business Awards Gold.

What is Identiv's stock symbol?

Identiv is publicly traded under the NASDAQ stock symbol INVE.

What is the future production plan for OTACA Tequila with Identiv?

OTACA Tequila plans to produce an additional 50,000 bottles in the first quarter of 2023 following the successful pilot launch.