New European Government Contract
30 April 2009 - 8:00AM
UK Regulatory
TIDMIGP
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 EUR0.5m including MyID software licenses, professional services and support
& maintenance through to 2012. At least EUR0.2m 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. +44 (0)1455 558111 |
+-----------------------------------------+-------------------------------------+
| Richard Parris, Chairman & Chief | |
| Executive | |
+-----------------------------------------+-------------------------------------+
| Andrew Walker, Finance Director | |
+-----------------------------------------+-------------------------------------+
| | |
+-----------------------------------------+-------------------------------------+
| FinnCap | Tel. +44 (0)20 7600 1658 |
+-----------------------------------------+-------------------------------------+
| Charles Cunningham | |
+-----------------------------------------+-------------------------------------+
| | |
+-----------------------------------------+-------------------------------------+
| Pelham Public Relations | |
+-----------------------------------------+-------------------------------------+
| Archie Berens | Tel. +44 (0)20 7337 1509 |
+-----------------------------------------+-------------------------------------+
| | |
+-----------------------------------------+-------------------------------------+
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
This information is provided by RNS
The company news service from the London Stock Exchange
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