Re: Global OEM Licence
12 September 2005 - 9:02AM
UK Regulatory
RNS Number:1120R
Intercede Group PLC
09 September 2005
Intercede Group plc
RSA Security signs Global OEM Licence for Intercede's MyID Software
Lutterworth, England, September 12, 2005 - Intercede Group plc., a leading
developer and supplier of powerful smart card and identity management software,
today announces that RSA Security has signed a licence agreement to incorporate
Intercede's MyID smart card and identity management technology into its product
portfolio.This contract has guaranteed revenues to Intercede of $2 million over
a three year period, plus additional incremental licence fees for each smart
card issued by RSA Security products over and above agreed minimum levels.
"RSA Security, as one of the leading players in the global IT security market,
is an excellent strategic partner for Intercede," said Richard Parris, Chairman
and CEO of Intercede. "RSA Security's selection of MyID is a significant
endorsement of our best of breed technology and we look forward to a long and
mutually beneficial relationship".
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(TM) 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
This information is provided by RNS
The company news service from the London Stock Exchange
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