New Contract with European Bank
14 Mai 2009 - 8:00AM
UK Regulatory
TIDMIGP
RNS Number : 2147S
Intercede Group PLC
14 May 2009
14 MAY 2009
INTERCEDE GROUP PLC
("Intercede" or "the Company")
New Contract with European Bank
Intercede, the producer of the MyID Identity and Credential Management System
(IDCMS) software, is pleased to announce that it has received an order for the
supply of MyID software licences, professional services and annual support to a
large European bank. This order was received from an Intercede business partner
and has an initial first year value of approximately EUR250,000.
This project concerns the secure issuance of smart card based identity
credentials to bank employees across a number of European countries. The initial
usage of these credentials is to enable enhanced logical access security to the
Bank's computer systems and networks. Future phases may include using the same
cards for physical access control.
"This new order demonstrates Intercede's further penetration into the European
market. It also shows that major banks are continuing to make investments in new
security systems, in spite of the global turmoil in the financial services
sector", said Richard Parris, Intercede's Chairman and Chief Executive. "This
business was won after a competitive procurement process that once again
highlights Intercede's MyID as the leading product in its class."
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
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, 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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