The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into the Possible Breaches of Fiduciary Duty by the Board of ActivIdentity Corporation in Connection with the Sale of the Company to ASSA ABLOY – ACTI

Levi & Korsinsky is investigating the Board of Directors of ActivIdentity Corporation (“ActivIdentity” or the “Company”) (NasdaqGM:ACTI) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to ASSA ABLOY (PINK:ASAZY), the parent company of HID Global. Under the terms of the transaction, ActivIdentity shareholders will $3.25 in cash for each share of ActivIdentity common stock, for a total transaction value of approximately $162 million. ActivIdentity will become part of ASSA ABLOY’s HID Global business and ActivIdentity products will provide the foundation for HID Global’s logical access offering.

Click here to learn how to join the action: http://www.zlk.com/actividentity-acti.html, or call: 877-363-5972.

The investigation concerns whether the ActivIdentity Board of Directors breached their fiduciary duties to ActivIdentity stockholders by failing to adequately shop the Company before entering into this transaction and whether ASSA ABLOY is underpaying for ActivIdentity shares, thus unlawfully harming ActivIdentity stockholders. In particular, at least one analyst set a price target for ActivIdentity stock at $4.50 per share and the Company's stock has traded as high as $3.33 per share as recently as April 27, 2010.

If you own common stock in ActivIdentity and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/actividentity-acti.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below.

Contacts:

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

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