government identity management software

RNS – Receipt of $4.6m Order

Phil Edge March 31st 2020 RNS

INTERCEDE GROUP plc

(‘Intercede’, the ‘Company’ or the ‘Group’)

Receipt of $4.6m Order

Intercede, the leading specialist in digital identity, credential management and secure mobility, is pleased to announce the receipt of a large US Federal Government order totaling $4.6m. The order, which was included within the directors’ expectations for the year, includes software licenses and annual support & maintenance; $2.05m of which will be recognised in the financial year ended 31 March 2020.

In line with normal practice, a Trading Update will be provided as soon as possible after the completion of the financial year.

ENQUIRIES

Intercede Group plc

Tel. +44 (0)1455 558 111

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: 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 Enterprises Worldwide

Where protecting systems and information really matters, you will find Intercede.  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 Intercede solutions to protect themselves against data breach, comply with regulations and ensure business continuity.