IGP Intercede Group Plc

    RNS Number : 5162E
  Intercede Group PLC
  29 September 2008
   

    29 September 2008


    Intercede Group plc
    ("Intercede")

    Subcontract with Lockheed Martin Corporation - initial value $1 million

    Intercede (AIM:IGP), the producer of the Intercede MyID* Identity and Credential Management System, today announces that it has signed a
subcontract agreement with Lockheed Martin Corporation. This contract, in support of an existing programme, has an initial value of $1m, of
which Intercede will receive immediate advance payments of more than $500,000 for products, support services and software maintenance.

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

    "This agreement is a logical progression from our previous success in the US market place. We look forward to continuing to work with
Lockheed Martin to deliver and support additional new identity management projects around the world."

    About Intercede 

    Intercede is the producer of the MyID* Identity and Credential Management System (IDCMS). Intercede's MyID is renowned worldwide as 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.

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

    ENQUIRIES

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

 Pelham Public Relations                     Tel.    +44 (0)20 7743 6679
 Archie Berens
 Robert Koh

 KBC Peel Hunt                               Tel. + 44 (0)20 7418 8900
 Richard Kauffer
 Daniel Harris


This information is provided by RNS
The company news service from the London Stock Exchange
 
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