New Contract Win

RNS Number : 5645T

Intercede Group PLC

30 September 2010

 



 30 September 2010

Intercede Group plc

("Intercede")

New Contract Award

Intercede announces that it has won a contract to supply the Intercede MyID, Identity and Credential Management System  to a leading US manufacturing and defense systems enterprise.

This direct contract includes the immediate supply of the Intercede MyID Identity and Credential Management system to support more than 150,000 employees along with supporting software maintenance and support, professional services and training. 

As a leader in the deployment of smart card technology to enhance corporate security, this new customer is currently upgrading its infrastructure to align with the US National Institute of Standards and Technology (NIST) Federal Information Processing Standard 201.  This is the standard used by Federal Agencies for the Personal Identity Verification (PIV) cards issued to government employees. In the coming months and years it is likely that most government contractors will upgrade their internal security systems to be PIV-compatible (PIV-c). This represents a significant expansion of the US corporate market sector targeted by Intercede.

This contract will make a significant contribution to Intercede's current year revenues. As a result, the Board reaffirms its previous statement that Intercede is on target to meet full year expectations.

Richard Parris, Chairman and Chief Executive of Intercede , commented:

"We are delighted that this major corporation has selected the Intercede MyID system for its next generation credentialing system. Intercede MyID's power and scalability mean that it can be deployed extremely quickly and easily against the most demanding of project plans. This new flagship customer is an ideal complement to our existing contracts with Lockheed Martin and the US Federal Government. It firmly establishes Intercede as the premier supplier of PIV solutions to the world's largest and most influential systems integrators, government contractors and federal agencies."

Further Information on Intercede MyID

Intercede MyID is the only IDCMS software product that enables organisations to easily and securely manage the identities of people and their associated identity credentials within a single, integrated, workflow driven platform. This includes enabling and managing: secure registration, biometric capture, application vetting and approval through to smart card personalisation,
issuance and management.

MyID was the first electronic personalization product to achieve compliance with the FIPS-201 standard and is widely deployed by Federal Agencies, government contractors and other commercial  entities.  In particular, it supports the latest standards applicable for all PIV, PIV-Interoperable and PIV-compatible deployments.

It can issue and manage a wide variety of ID and credential management systems, providing customers  with a platform that can meet their needs this year and in the future.   It is a fully supported commercial off-the-shelf product that can be quickly deployed for thousands or millions of users.

About Intercede

Intercede is the producer of the MyID Identity and Credential Management System (IDCMS).

Intercede MyID technology is being used around the world by large corporations, governments and banks to manage millions of identities for employees, citizens and customers. Notable deployments in the US include 14 Federal Agencies, a program with Lockheed Martin and two major US financial institutions. In Europe and the Middle East, Intercede's MyID is being deployed in support of government identity, health and corporate employee ID security projects.

For more information visit http://www.intercede.com

ENQUIRIES

Intercede Group plc	Tel.      [phone]
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director
FinnCap	Tel.      + 44 (0)20 7600 1658
Clive Carver
Sarah Wharry
Pelham Bell Pottinger	Tel.      [phone]
Archie Berens
Francesca Tuckett

 

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