New European Government Contr

RNS Number : 4112R

Intercede Group PLC

30 April 2009

 



30 APRIL 2009

INTERCEDE GROUP PLC

('Intercede' or 'the Company')

New European Government Contract

Intercede, the producer of the MyID Identity and Credential Management System (IDCMS) software, is pleased to announce that it has received an order from a European Government Agency. The total value of the contract is estimated to exceed €0.5m including MyID software licenses, professional services and support & maintenance through to 2012. At least €0.2m is expected to be recognised as revenue in the financial year ending 31 March 2010.

This project concerns the secure issuance of smart card based identity credentials to government employees who undertake sensitive citizen-facing business processes.

'Thisnew order further demonstrates the progress that Intercede is starting to make within the EU', said Richard Parris, Intercede's Chairman and Chief Executive. 'It provides strong evidence that Intercede's MyID software is rapidly becoming the first choice for government identity projects around the world.'

ENQUIRIES

Intercede Group plc	Tel.    [phone]
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director
FinnCap	Tel.    [phone]
Charles Cunningham
Pelham Public Relations
Archie Berens	Tel.    [phone]

About Intercede

Intercedeis the producer of the MyID® Identity and Credential Management System (IDCMS). Intercede's MyID is the only IDCMS software product that enables organizations 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 personalization, issuance and management.

Intercede's MyID 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 10 Federal Agencies, a programme 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.

Intercede and MyID are registered trademarks or trademarks in the UK, US and/or other countries. For more information visit http://www.intercede.com

 

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