Intercede Group PLC Receipt of $4.6m Order (1237I)
31 März 2020 - 8:00AM
UK Regulatory
TIDMIGP
RNS Number : 1237I
Intercede Group PLC
31 March 2020
31 March 2020
INTERCEDE GROUP plc
('Intercede', the 'Company' or the 'Group')
Receipt of $4.6m Order
Intercede, the leading specialist in digital identity,
credential management and secure mobility, is pleased to announce
the receipt of a large US Federal Government order totaling $4.6m.
The order, which was included within the directors' expectations
for the year, includes software licenses and annual support &
maintenance; $2.05m of which will be recognised in the financial
year ending 31 March 2020.
In line with normal practice, a Trading Update will be provided
as soon as possible after the completion of the financial year.
ENQUIRIES
Intercede Group plc Tel. +44 (0)1455 558 111
Klaas van der Leest, Chief Executive
Andrew Walker, Finance Director
finnCap Tel. +44 (0)20 7220 0500
Stuart Andrews, Corporate Finance
Simon Hicks, Corporate Finance
About Intercede
Intercede is a cybersecurity company specialising in digital
identities, derived credentials and access control, enabling
digital trust in a mobile world.
Headquartered in the UK, with offices in the US, we believe in a
connected world in which people and technology are free to exchange
information securely, and complex insecure passwords become a thing
of the past.
Our vision is to make the highest levels of cybersecurity
available to organizations and consumers alike, solving complexity
and scalability issues by managing high volumes of digital
credentials.
We have been delivering trusted solutions to high profile
customers for over 20 years. Our team of experts has deployed
millions of identities to governments, most of the largest
aerospace and defence corporations, and major financial services
and healthcare organizations, as well as leading
telecommunications, cloud services and information technology
firms, providing industry-leading employee and customer credential
management systems.
For more information visit: www.intercede.com
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
This information is provided by RNS, the news service of the
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contact rns@lseg.com or visit www.rns.com.
END
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