IGP Intercede Group Plc

TIDMIGP

RNS Number : 5373U

Intercede Group PLC

30 July 2020

30 July 2020

INTERCEDE GROUP plc

('Intercede', the 'Company' or the 'Group')

Contract Win

Intercede, the leading specialist in digital identity, credential management and secure mobility, is pleased to announce its involvement in a successful bid for a ten-year contract with the U.S. Department of State (DoS) to create an innovative Identity Management System and Credential Management System (IDMS) solution compliant with Homeland Security Presidential Directive 12 (HSPD-12) for the DoS and its customers.

Further details of the contract are available in a press release that has been issued by Guidehouse as the Prime Contractor:

https://guidehouse.com/news/national-security/2020/guidehouse-awarded-contract-to-support-identity

Intercede expects to receive orders for software licenses and associated development, professional services and support & maintenance within the next few months; a portion of which will be recognised in the current financial year ending 31 March 2021.

The contract was included within the directors' expectations for the current financial year ending 31 March 2021.

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

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END

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