Hirsch Electronics merges with SCM

SCM Microsystems and Hirsch Electronics to Merge

Combination creates new leader in converged security solutions for physical and logical access

ISMANING, Germany and SANTA ANA, Calif., December 11, 2008 - SCM Microsystems, Inc. (NASDAQ: SCMM; Prime Standard, SMY) and Hirsch Electronics Corp. today announced they have entered into a definitive agreement to merge. The combination of SCM and Hirsch is expected to result in a new security products leader at a time of escalating market demand for converged security solutions leveraging smart cards and smart chip-enabled devices. (more)