IGP Intercede Group Plc

    RNS Number : 5128J
  Intercede Group PLC
  04 December 2008
   

    4 December 2008

    INTERCEDE GROUP plc
    ("Intercede" or "the Company")

    New Contracts Relating to National Identity Programmes

    Intercede (AIM: IGP), a leading producer of Identity and Credential Management Systems (IDCMS) software, announces that it has won two
separate contracts to supply its MyID product and associated professional services in support of two national identity programmes.

    The first contract is with a Middle East country. Once implemented, this system will support the issuance and life cycle management of
national identity cards to the country's citizens.
    The second contract is in support of an undisclosed government customer in a different country.

    Under the terms of these contracts with local integrators in the respective countries, Intercede has received initial aggregate payments
of $0.3m and purchase orders for a further $1m. An additional $0.5m of sales revenue is anticipated from these projects during Intercede's
current financial year, with further revenues expected in future periods.

     "Intercede is pleased to have secured these important national identity card projects with strategically important nation states", said
Richard Parris, Chairman and Chief Executive. "These awards demonstrate the scalability, security and international appropriateness of our
solutions. Our expansion into the Middle East and into the wider national identity market provides Intercede with financial comfort and
resilience at a time of macroeconomic uncertainty."

    Further announcements will be made on both these projects when permission for disclosure has been granted by the government customers
concerned.

    About Intercede 

    Intercede is 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, the Transportation Worker Identity Credential
and two major US financial institutions. In Europe and the Middle East Intercede's MyID is being deployed in support of multiple government
identity, health and corporate employee ID security projects.

    For more details visit 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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