RNS – New Contract Win

Phil Edge February 28th 2019 RNS

28 February 2019

Intercede Group plc

(“Intercede” or the “Company”)

Intercede, the leading specialist in digital identity, credential management and secure mobility, is pleased to announce the first sale of its MyID credential management software to an end customer in the region of SE Asia.

An order totalling $0.5m has been received from a new Partner with offices in Singapore, Hong Kong and Malaysia, that does business throughout the region. The order includes software licenses, associated Support & Maintenance, Development and Professional Services; some of which will be recognised as revenue beyond the current financial year.

It is also anticipated that this first contract will lead on to further business in the region in future years.

ENQUIRIES

Intercede Group plc Tel.      +44 (0)1455 558111
Klaas van der Leest, Chief Executive

Andrew Walker, Finance Director

  
   
finnCap Tel.      + 44 (0)20 7220 0500
Stuart Andrews, Corporate Finance  
Simon Hicks, Corporate Finance  
   

 

About Intercede

Intercede is a cybersecurity company specialising in digital identities, derived credentials and access control, enabling digital trust in a mobile world.

Headquartered in the UK, with offices in the US, we believe in a connected world in which people and technology are free to exchange information securely, and complex insecure passwords become a thing of the past.

Our vision is to make the highest levels of cybersecurity available to organisations and consumers alike, solving complexity and scalability issues by managing high volumes of digital credentials.

We have been delivering trusted solutions to high profile customers for over 20 years. Our team of experts has deployed millions of identities to governments, most of the largest aerospace and defence corporations, and major financial services and healthcare organisations, as well as leading telecommunications, cloud services and information technology firms, providing industry-leading employee and customer credential management systems.

For more information visit: www.intercede.com

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

Trusted by Governments and Large Enterprises Worldwide

Where protecting systems and information really matters, you will find MyID.  Whether its citizen data, aerospace and defence systems, high-value financial transactions, intellectual property or air traffic control, we are proud that many leading organisations around the world choose MyID to protect themselves against data breach and ensure business continuity.