Further re OEM Agreement
Intercede Group PLC
26 January 2006
Intercede Group plc
VeriSign to Enhance its Unified Authentication Platform for Governments and
Enterprises Worldwide Based on OEM Agreement with Intercede
Intercede MyID to provide deep product integration between VeriSign's Unified
Authentication platform and best-of-breed smart card and PKI management
components
Lutterworth, England, January 26, 2006 - Further to Intercede's announcement on
12 December 2005 concerning an OEM licensing contract with VeriSign, Inc.,
VeriSign has announced it will enhance its strong authentication service with
the introduction of VeriSign Unified Authentication - Smart Cards in the second
quarter of 2006. This extension to the Unified Authentication platform is based
on an OEM agreement with Intercede Group plc, a leading developer of smart card
and identity management software. As part of this agreement, VeriSign licenses
MyID technology from Intercede that will allow the company to provide a complete
authentication solution by extending VeriSign's strong authentication platform
with tightly integrated smart cards and PKI components.
The full VeriSign press release is attached.
About Intercede
Intercede Group plc is a leading developer and supplier of smart card and
identity management software listed on the London Stock Exchange (IGP LN)
(IGP.L). The Group's MyID software manages the secure registration, issuance and
lifecycle of digital identities for a wide range of uses. This requires the
integration of multiple technologies and products from many different vendors,
including smart cards, biometrics, digital certificates and Open Platform
applets.
Intercede's customers cover a range of industries and include Athena Smartcard
Solutions, Department of Transport Ireland, Fujitsu, Lloyds TSB, the UK National
Health Service (NHS), the Metropolitan Police, PinkRoccade, Royal Bank of
Scotland, Ubizen and various US and UK Government agencies and departments. For
more information, visit www.intercede.com
Intercede and MyID are registered trademarks or trademarks in the UK and/or
other countries. All other products and services mentioned are trademarks of
their respective companies.
Enquiries:
Intercede Group plc
Tel. +44 (0) 1455 558111
Richard Parris - Chairman & Chief Executive
Andrew Walker - Finance Director
For Immediate Release
VeriSign To Enhance Strong Authentication Platform With
The Introduction of VeriSign(R) Unified Authentication - Smart Cards
Enhancement Will Complete VeriSign Unified Authentication Offering;
Providing an Integrated Suite of Smart Card and PKI Management Tools
MOUNTAIN VIEW, CA., January 24, 2006 - VeriSign, Inc., (NASDAQ: VRSN), the
leading provider of intelligent infrastructure services for Internet and
telecommunications networks, today announced it will enhance its strong
authentication service with the introduction of VeriSign(R) Unified
Authentication - Smart Cards in the second quarter of 2006. VeriSign Unified
Authentication - Smart Cards will provide enterprises and government agencies
with an integrated, easy-to-use suite of management tools for smart card and PKI
deployments, supporting a wide range of smart card types, workflows and
deployments options.
Recently, government and industry regulations have directed agencies and
enterprises to employ standardized smart card identification mechanisms for
their employees and external users. Such directives include the Homeland
Security Presidential Directive (HSPD) 12, which mandates the issuance and use
of common and reliable credentials for all U.S. Federal Government employees and
contractors. In addition, large enterprises are starting to use unified physical
and logical access smart card credentials as a way to reduce the cost, while
increasing the security of their authentication infrastructures.
VeriSign Unified Authentication - Smart Cards will provide a complete
authentication solution by extending VeriSign's strong authentication platform
with tightly integrated smart cards and PKI components, allowing faster
implementation and a lower cost of ownership. This solution is also accredited
to meet the U.S. Government Shared Service Provider program requirements.
'The extension of the VeriSign Unified Authentication platform to support Smart
Cards represents the next logical step in providing a complete, open-standards
based authentication service for government agencies and enterprises alike,'
said Nico Popp, vice president, Authentication Services, VeriSign Security
Services. 'VeriSign Unified Authentication - Smart Cards will integrate
best-of-breed smart card and PKI management components under the same intuitive
interface, providing the most comprehensive, easy-to-use suite of management
tools that will enable any agency or enterprise to quickly provision, deploy and
manage smart card based strong authentication.'
VeriSign Unified Authentication provides a single, integrated platform for
provisioning and managing all types of two-factor authentication credentials. It
reduces the cost of deployment by leveraging an enterprise's existing
infrastructure and delivering a flexible, future proof solution built on known,
open standards.
For more information about VeriSign Unified Authentication - Smart Cards, please
go to: http://www.verisign.com/products-services/security-services/pki/
card-management-system/index.html
About VeriSign
VeriSign, Inc. (Nasdaq: VRSN), operates intelligent infrastructure services that
enable and protect billions of interactions every day across the world's voice
and data networks. Additional news and information about the company is
available at www.verisign.com
For more information, contact:
VeriSign Media Relations: Brendan P. Lewis, brlewis@verisign.com, 650-426-4470
VeriSign Investor Relations: Tom McCallum, tmccallum@verisign.com, 650-426-3744
Statements in this announcement other than historical data and information
constitute forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
These statements involve risks and uncertainties that could cause VeriSign's
actual results to differ materially from those stated or implied by such
forward-looking statements. The potential risks and uncertainties include, among
others, the uncertainty of future revenue and profitability and potential
fluctuations in quarterly operating results due to such factors as the inability
of VeriSign to successfully develop and market new products and services and
customer acceptance of any new products or services, including VeriSign Unified
Authentication - Smart Cards; the possibility that VeriSign's announced new
services may not result in additional customers, profits or revenues; and
increased competition and pricing pressures. More information about potential
factors that could affect the company's business and financial results is
included in VeriSign's filings with the Securities and Exchange Commission,
including in the company's Annual Report on Form 10-K for the year ended
December 31, 2004 and quarterly reports on Form 10-Q. VeriSign undertakes no
obligation to update any of the forward-looking statements after the date of
this press release.
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This information is provided by RNS
The company news service from the London Stock Exchange