Intercede Group PLC Year end trading update (6352B)
05 April 2013 - 8:00AM
UK Regulatory
TIDMIGP
RNS Number : 6352B
Intercede Group PLC
05 April 2013
5 April 2013
Intercede Group plc
("Intercede")
Year End Trading Update
Intercede confirms that its trading for the financial year ended
31 March 2013 was in line with the expectations set in the Trading
Update that was issued on 1 February 2013.
Richard Parris, Intercede Chairman, said: "Intercede has
advanced its market position in a challenging year for our key
customers and markets. We have secured new contracts, widened our
sales pipeline and invested in the development of new technologies
and products. We continue to strengthen our management structure
and are well placed for growth and exploitation."
Intercede expects to announce its results for the year ended 31
March 2013 by mid June 2013.
ENQUIRIES
Intercede Group plc Tel. +44 (0)1455 558111
Richard Parris, Chairman
& Chief Executive
Andrew Walker, Finance
Director
FinnCap Tel. + 44 (0)20 7220
0500
Stuart Andrews/Rose Herbert,
Corporate Finance
Joanna Weaving, Corporate
Broking
Pelham Bell Pottinger Tel. +44 (0)20 7861 3112
Archie Berens
About Intercede
Intercede(R) is a security software provider whose MyID(R)
identity management platform enables global organisations and
governments to create trusted digital identities for employees and
citizens on secure devices such as smartcards, smartphones and
tablets. MyID enables the protection of IP, assets, and digital
content, delivering trusted digital identities as the cornerstone
of cyber security strategies for government, defence, financial
services and other industries.
The Company operates in global markets (including the US, Europe
and Middle East) and works with large international partners
including BT, Gemalto, HP, Microsoft, Oberthur, SafeNet, Symantec
and Thales to deliver flexible digital identity solutions that are
interoperable with other existing technologies and which are
tailored to customer needs.
Corporations such as Boeing, Booz Allen Hamilton and Lockheed
Martin, and governments including the USA, UK and Kuwait, trust
Intercede's deep expertise to deliver effective solutions. The
company's technology achievements reflect an investment of 300 plus
man years of development, exemplary speed of deployment and
adherence to international standards including FIPS 201, where MyID
was the first electronic personalization product to obtain GSA
approval. This trust is reflected in Intercede's rate of repeat
business with its customers, which typically runs at 70-80% of
annual revenues.
Intercede has been developing ID management systems since 1992
and MyID is currently deployed by end customers located in 24
countries. The Company is headquartered in the UK, listed on the
London Stock Exchange AIM: IGP and ISO 9001 and TickIT
certified.
For more information visit http://www.intercede.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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