Trading Update

Date: January 7th 2014 | Author: Rik Merrikin | Topic: RNS

Trading Update

We are pleased to report that Intercede continues to generate strong revenue growth. As a result, after the first 9 months of the current financial year, Intercede has matched the revenues achieved in the whole of the previous year.

This is in line with expectations and reflects continued progress with existing customers and previously announced new contract wins.

Richard Parris, Chairman and Chief Executive, said: “This statement means that shareholders can remain confident that Intercede will deliver on the execution of its business strategy for the 2014 financial year and we are very well positioned to exploit anticipated market growth in the following period”.

About Intercede
Intercede® is a software company specializing in identity and credential management with a global team of experts located in the US and UK.

Intercede’s MyID® identity and credential management software enables organizations to create and use trusted digital identities for employees, citizens and machines. This allows secure access to services, facilities, information and networks.

MyID meets the highest government standards yet is simple enough to be deployed onto consumer devices such as smart phones and tablets. Critically, MyID provides an easy, convenient and secure alternative to passwords.

Millions of identities are managed using MyID and Intercede has provided identity verification and management services to global customers for more than 20 years. MyID is a commercial off the shelf software product, designed and developed to be configurable so it can be embedded as the cornerstone of cyber security infrastructure for governments and corporations.

Customers trusting Intercede for secure digital identity include the US and UK governments and some of the world’s largest corporations, telecommunications providers and information technology partners.

Enquiries

Intercede Group plc
Tel.+44 (0)1455 558111
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director
Lorraine Homer, Communication Director

finnCap Ltd
Tel.+44 (0)207 220 0500
Stuart Andrews, Corporate Finance
Joanna Weaving, Corporate Broking

Pelham Bell Pottinger
Tel.+44 (0)7802 442486
Archie Berens


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