Trading Update

Intercede is pleased to announce a strong start to the new financial year.

Revenue in the first quarter was £2.7m which is double the same period last year and 34% up on the fourth quarter of the last financial year. An enlarged sales and marketing team continues to drive business expansion and during the quarter we have secured an enterprise-wide contract with one of the largest US healthcare corporations, sold our mobile derived credential solution to a major US Federal Agency and signed a new agreement with a US West Coast bank.

These contracts will all yield further revenues during the current year and beyond. The strong start to the year provides a solid base to meet market expectations for the year.



Intercede Group plc
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director

Tel.      +44 (0)1455 558111

Stuart Andrews, Corporate Finance
Joanna Weaving, Corporate Broking

Tel.      + 44 (0)20 7220 0500

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.