New Contract Win
30 September 2010 - 8:01AM
UK Regulatory
TIDMIGP
RNS Number : 5645T
Intercede Group PLC
30 September 2010
30 September 2010
Intercede Group plc
("Intercede")
New Contract Award
Intercede announces that it has won a contract to supply the Intercede MyID,
Identity and Credential Management System to a leading US manufacturing and
defense systems enterprise.
This direct contract includes the immediate supply of the Intercede MyID
Identity and Credential Management system to support more than 150,000 employees
along with supporting software maintenance and support, professional services
and training.
As a leader in the deployment of smart card technology to enhance corporate
security, this new customer is currently upgrading its infrastructure to align
with the US National Institute of Standards and Technology (NIST) Federal
Information Processing Standard 201. This is the standard used by Federal
Agencies for the Personal Identity Verification (PIV) cards issued to government
employees. In the coming months and years it is likely that most government
contractors will upgrade their internal security systems to be PIV-compatible
(PIV-c). This represents a significant expansion of the US corporate market
sector targeted by Intercede.
This contract will make a significant contribution to Intercede's current year
revenues. As a result, the Board reaffirms its previous statement that Intercede
is on target to meet full year expectations.
Richard Parris, Chairman and Chief Executive of Intercede , commented:
"We are delighted that this major corporation has selected the Intercede MyID
system for its next generation credentialing system. Intercede MyID's power and
scalability mean that it can be deployed extremely quickly and easily against
the most demanding of project plans. This new flagship customer is an ideal
complement to our existing contracts with Lockheed Martin and the US Federal
Government. It firmly establishes Intercede as the premier supplier of PIV
solutions to the world's largest and most influential systems integrators,
government contractors and federal agencies."
Further Information on Intercede MyID
Intercede MyID is the only IDCMS software product that enables organisations 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.
MyID was the first electronic personalization product to achieve compliance with
the FIPS-201 standard and is widely deployed by Federal Agencies, government
contractors and other commercial entities. In particular, it supports the
latest standards applicable for all PIV, PIV-Interoperable and PIV-compatible
deployments.
It can issue and manage a wide variety of ID and credential management systems,
providing customers with a platform that can meet their needs this year and in
the future. It is a fully supported commercial off-the-shelf product that can
be quickly deployed for thousands or millions of users.
About Intercede
Intercede is the producer of the MyID Identity and Credential Management System
(IDCMS).
Intercede MyID technology 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 14 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 | Tel. +44 (0)1455 558111 |
+-----------------------------------+-------------------------------+
| Richard Parris, Chairman & Chief | |
| Executive | |
+-----------------------------------+-------------------------------+
| Andrew Walker, Finance Director | |
+-----------------------------------+-------------------------------+
| | |
+-----------------------------------+-------------------------------+
| FinnCap | Tel. + 44 (0)20 7600 |
| | 1658 |
+-----------------------------------+-------------------------------+
| Clive Carver | |
+-----------------------------------+-------------------------------+
| Sarah Wharry | |
+-----------------------------------+-------------------------------+
| | |
+-----------------------------------+-------------------------------+
| Pelham Bell Pottinger | Tel. +44 (0)20 7861 3112 |
+-----------------------------------+-------------------------------+
| Archie Berens | |
+-----------------------------------+-------------------------------+
| Francesca Tuckett | |
+-----------------------------------+-------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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