Exhibit 99.2

Unaudited Pro Forma Financial Information

     On May 22, 2006, we completed the sale of our Digital TV solutions (“DTV solutions”) business to Kudelski S.A. (“Kudelski”) and transferred certain assets and liabilities to Kudelski pursuant to the terms of the Asset Purchase Agreement. The total consideration of $11 million includes up to $2 million payable subject to the successful completion of certain product development milestones that are expected to be completed by Kudelski subsequent to the close of the transaction; however, no assurance can be given that these milestones will be achieved. Based on the carrying value of the assets and the liabilities attributed to our DTV solutions business on May 22, 2006, and the estimated costs and expenses incurred in connection with the sale, we anticipate that we will record a net pretax gain of approximately $5.5 million excluding the $2 million payable noted above. The anticipated gain will be adjusted to reflect final net assets attributed to this business unit as of the completion date of the sale.

     The unaudited pro forma condensed balance sheet as of March 31, 2006 is presented as if the disposition occurred on March 31, 2006. The unaudited pro forma condensed statement of operations for the three months ended March 31, 2006 is not presented as the Company determined that the sale of substantially all the assets and some of the liabilities associated with the DTV solutions business was probable and, in accordance with Statement of Financial Accounting Standards (“SFAS”) No. 144 (“SFAS 144”), Accounting for the Impairment or Disposal of Long Lived Assets , the Company has accounted for the DTV solutions business as a long-lived asset (disposal group) to be sold. For the three months ended March 31, 2006 and 2005, this business has been presented as discontinued operations in the condensed consolidated statements of operations and cash flows in the Company’s Quarterly Report on Form 10-Q. The unaudited pro forma condensed statement of operations for the three years ended December 31, 2005 is presented as if the disposition had taken place on December 31, 2002 and were carried forward through December 31, 2005.

     The unaudited pro forma financial information represents, in the opinion of our management, all adjustments necessary to present pro forma results of operations and financial position of our former DTV solutions business unit and is based upon available information and certain assumptions considered reasonable under the circumstances as of the date of this report. The unaudited pro forma financial information excludes the gain on the sale noted above, and any non-recurring charges or credits attributable to the transaction.

     The unaudited pro forma condensed consolidated financial information should be read in conjunction with our unaudited condensed consolidated financial statements and notes thereto included in our Quarterly Report on Form 10-Q for the period ended March 31, 2006 and the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2005. The unaudited pro forma information may not necessarily be indicative of what our financial position or results of operations would have been had the transaction been in effect as of and for the periods presented, nor is such information necessarily indicative of our results of operations or financial position for any future period or date.

SCM Microsystems, Inc

PRO FORMA CONDENSED CONSOLIDATED BALANCE SHEET (UNAUDITED)
(in thousands, except per share data)

     The following table shows the unaudited pro forma condensed consolidated balance sheet as of March 31, 2006 as if the transaction had taken place on March 31, 2006:

						Business				Pro forma
						to be				adjust-
		Historical (2)				disposed				ments				Pro forma
ASSETS
Current assets:
Cash and cash equivalents		$	11,885			$	—			$	9,000	(1)		$	20,885
Short-term investments			15,842				—				—				15,842
Restricted short-term investments			2,000				—				—				2,000
Accounts receivable, net			6,345				—				—				6,345
Inventories			5,041				—				—				5,041
Other current assets			2,839				—				—				2,839
Assets held for sale			3,407				(3,407	)			—				—
Total current assets			47,359				(3,407	)			9,000				52,952
Property and equipment, net			1,699				—				—				1,699
Intangible assets, net			738				—				—				738
Other assets			1,525				—				—				1,525
Total assets		$	51,321			$	(3,407	)		$	9,000			$	56,914
LIABILITIES AND STOCKHOLDERS EQUITY
Current liabilities:
Accounts payable		$	6,766			$	—				—			$	6,766
Accrued compensation and related benefits			1,792				—				—				1,792
Accrued restructuring and other charges			4,032				—				—				4,032
Accrued professional fees			1,655				—				449	(1)			2,104
Accrued royalties			1,209				—				—				1,209
Other accrued expenses			3,121				—				244	(1)			3,365
Income taxes payable			2,256				—				—				2,256
Liabilities held for sale			943				(943	)			—				—
Total current liabilities			21,774				(943	)			693				21,524
Deferred tax liability			103				—				—				103
Total liabilities			21,877				(943	)			693				21,627
Stockholders equity:
Common stock			16				—				—				16
Additional paid-in capital			227,856				—				—				227,856
Treasury stock			(2,777	)			—				—				(2,777	)
Accumulated deficit			(196,378	)			—				5,843	(1)			(190,535	)
Other cumulative comprehensive gain			727				—				—				727
Total stockholders equity			29,444				—				5,843				35,287
Total liabilities and stockholders equity		$	51,321			$	(943	)		$	6,536			$	56,914

SCM Microsystems, Inc

PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(in thousands, except per share data)

     The following table shows the unaudited pro forma condensed consolidated results of operations for the year ended December 31, 2005 as if the transaction had taken place as of December 31, 2002:

						Business				Pro forma
		Historical				to be				adjust-
		(2)				disposed				ments				Pro forma
Net revenue		$	48,721			$	(20,785	)						$	27,936
Cost of revenue			31,153				(14,047	)							17,106
Gross profit			17,568				(6,738	)							10,830
Operating expenses:
Research and development			9,295				(5,214	)							4,081
Selling and marketing			9,685				(2,645	)							7,040
General and administration			9,932				(734	)							9,198
Amortization of intangible assets			673				—								673
Restructuring and other charges			332				(13	)							319
Total operating expenses			29,917				(8,606	)							21,311
Loss from operations			(12,349	)			(1,868	)							(10,481	)
Other income:
Interest income			800				(55	)							745
Foreign currency gains and other income, net			1,753				(24	)							1,729
Loss from continuing operations before income taxes			(9,796	)			(1,789	)							(8,007	)
Benefit (provision) for income taxes			33				183								(150	)
Loss from continuing operations		$	(9,763	)		$	(1,606	)						$	(8,157	)
Basic and diluted loss per share from continuing operations		$	(0.63	)										$	(0.53	)
Shares used to compute basic and diluted loss per share			15,532												15,532

SCM Microsystems, Inc

PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(in thousands, except per share data)

     The following table shows the unaudited pro forma condensed consolidated results of operations for the year ended December 31, 2004 as if the transaction had taken place as of December 31, 2002:

						Business				Pro forma
		Historical				to be				adjust-
		(2)				disposed				ments				Pro forma
Net revenue		$	49,084			$	(19,054	)						$	30,030
Cost of revenue			34,192				(16,468	)							17,724
Gross profit			14,892				(2,586	)							12,306
Operating expenses:
Research and development			10,439				(5,632	)							4,807
Selling and marketing			11,511				(2,951	)							8,560
General and administration			10,387				(1,366	)							9,021
Amortization of intangible assets			1,078				—								1,078
Impairment of intangible assets			388				—								388
Restructuring and other charges (credits)			(185	)			792								607
Total operating expenses			33,618				(9,157	)							24,461
Loss from operations			(18,726	)			(6,571	)							(12,155	)
Other income (expense):
Interest income			809				(3	)							806
Foreign currency losses and other expense, net			(1,203	)			472								(1,675	)
Loss from continuing operations before income taxes			(19,120	)			(6,096	)							(13,024	)
Benefit (provision) for income taxes			178				(5	)							173
Loss from continuing operations		$	(18,942	)		$	(6,091	)						$	(12,851	)
Basic and diluted loss per share from continuing operations		$	(1.23	)										$	(0.83	)
Shares used to compute basic and diluted loss per share			15,402												15,402

SCM Microsystems, Inc

PRO FORMA CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(in thousands, except per share data)

     The following table shows the unaudited pro forma condensed consolidated results of operations for the year ended December 31, 2003 as if the transaction had taken place as of December 31, 2002:

						Business				Pro forma
		Historical				to be				adjust-
		(2)				disposed				ments				Pro forma
Net revenue		$	66,488			$	(35,341	)						$	31,147
Cost of revenue			39,661				(21,018	)							18,643
Gross profit			26,827				(14,323	)							12,504
Operating expenses:
Research and development			9,535				(5,577	)							3,958
Selling and marketing			11,469				(3,526	)							7,943
General and administration			11,502				(484	)							11,018
Amortization of intangible assets			1,129				—								1,129
Restructuring and other charges (credits)			4,728				(1,445	)							3,283
Total operating expenses			38,363				(11,032	)							27,331
Loss from operations			(11,536	)			3,291								(14,827	)
Other income:
Interest income			801				12								813
Foreign currency losses and other expense, net			475				(1,928	)							2,403
Income (loss) from continuing operations before income taxes			(10,260	)			1,351								(11,611	)
Benefit (provision) for income taxes			1,442				(571	)							2,013
Income (loss) from continuing operations		$	(8,818	)		$	780							$	(9,598	)
Basic and diluted loss per share from continuing operations		$	(0.57	)										$	(0.63	)
Shares used to compute basic and diluted loss per share			15,317												15,317

NOTES TO UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL INFORMATION

Basis of Presentation

     The above unaudited pro forma condensed consolidated financial statements present the financial information for SCM Microsystems after giving effect to the sale of its Digital TV solutions (“DTV solutions”) business, which was completed on May 22, 2006. The unaudited pro forma condensed consolidated balance sheet as of March 31, 2006 is presented as if the transaction had occurred on that date. The unaudited pro forma condensed consolidated statements of operations for the years ended December 31, 2005, 2004 and 2003 are presented as if the transaction had occurred on December 31, 2002 and in each case exclude the anticipated gain to be realized on the completion of the sale of the DTV solutions business.

(1) Reflects the sale of certain assets and liabilities composing SCM Microsystems’ DTV solutions business to Kudelski S.A. (“Kudelski”) for a cash payment of $9 million on May 22, 2006. Total consideration of $11 million includes up to $2 million payable subject to the successful completion of certain product development milestones that are expected to be
completed by Kudelski subsequent to the close of the transaction; however, no assurance can be given that these milestones will be achieved.

The pro forma adjustments to accrued professional fees and other accrued expenses reflect anticipated costs and expenses incurred by SCM Microsystems in connection with the sale, as if the sale had occurred on March 31, 2006.

(2) The historical amounts were derived from unaudited and audited consolidated financial statements included in the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2006 and the Annual Report on Form 10-K for the year ended December 31, 2005.