TIDMIGP 
 
RNS Number : 9916T 
Intercede Group PLC 
07 October 2010 
 

7 OCTOBER 2010 
                              Intercede Group plc 
                                  ("Intercede") 
 
                            Positive Trading Update 
Intercede, the producer of the Intercede MyID Identity and Credential Management 
System, today announces excellent progress in the six months ended 30 September 
2010. 
Sales revenues for the first half of the current financial year are more than 
20% higher than for the comparable period last year resulting in an increase in 
profit at all levels. The sales increase primarily reflects growth in the US 
market as evidenced by a number of recent contract wins, notably the 
announcements made on 22 and 30 September 2010 which have a combined order value 
in excess of $2m. 
As a result of this growth, the US market now constitutes more than 50% of the 
Group's sales. 
The cash balance as at 30 September 2010 was GBP4,470,000 compared to 
GBP3,913,000 at 30 September 2009 and GBP4,664,000 at 31 March 2010. As 
previously reported, the Group effectively entered the current financial year 
with a net cash balance of GBP3,917,000; that is, net of post year end 
exceptional payments relating to the previous financial year. 
Richard Parris, Intercede's Chairman and Chief Executive, said: "Our order book 
demonstrates how Intercede continues to gain momentum. I am particularly pleased 
that our focus on the US government and defence market has been rewarded with 
new orders. Last year I stated Intercede had 'crossed the chasm'. This year I 
believe Intercede will reach the 'tipping point', the point at which Intercede's 
critical mass in the market will enable us to accelerate ahead of our 
competitors". 
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 personalisation 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 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                          | 
+-----------------------------------+-------------------------------+ 
| Sarah Wharry, Corporate Finance   |                               | 
+-----------------------------------+-------------------------------+ 
| Joanna Weaving, Corporate Broking |                               | 
+-----------------------------------+-------------------------------+ 
|                                   |                               | 
+-----------------------------------+-------------------------------+ 
| 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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