Major Subcontract with Thales
01 März 2010 - 3:00PM
UK Regulatory
TIDMIGP
RNS Number : 8565H
Intercede Group PLC
01 March 2010
1 March 2010
Intercede Group plc
("Intercede" or the "Company")
Major Subcontract with Thales
Intercede announces that it has signed a new subcontract with Thales UK for
the supply of software licenses, professional services and recurring support
and maintenance fees relating to the production deployment of a major UK
government project.
Revenues associated with this project (including amounts invoiced prior to
signing the sub-contract) are expected to exceed GBP0.5m in the current
financial year. There is the potential for additional revenues during future
periods.
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 personalisation, 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
program 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.
For more information visit http://www.intercede.com
###
ENQUIRIES
Intercede Group plc
Richard Parris, Chairman & Chief Executive
Andrew
Walker, Finance Director
Tel. +44 (0)1455 558111
FinnCap
Clive Carver, Corporate Finance
Joanna Weaving / Tom Jenkins,
Corporate Broking
Tel. +44 (0)20 7600 1658
Pelham Bell Pottinger
Archie Berens
Tel. +44 (0)20 7337 1509
This information is provided by RNS
The company news service from the London Stock Exchange
END
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