IGP Intercede Group Plc

TIDMIGP

Intercede Group PLC

17 February 2015

Intercede Group plc

PRESS RELEASE

February 17, 2015

Intercede's MyTAM enables enhanced trust for

Android apps to protect against hackers and malware

Cloud-based service loads applications into the cryptographically-secured Trusted Execution Environment, embedded in the majority of leading Android smartphones

London, UK - Cybersecurity expert Intercede today announced the launch of MyTAM, a service that enables organisations such as app developers, service providers, banks and media streaming companies to load apps into the Trusted Execution Environment (TEE) built into chipsets in a rapidly increasing proportion of Android devices. The TEE protects applications and their associated content from malware, man-in-the-browser and other forms of software-based threats.

Apps loaded onto mobile devices may contain malware that can be used to expose sensitive data. However, by installing trusted apps directly into the TEE on Android devices, app providers can protect the data accessed by their apps from whatever else may be present on the handset.

MyTAM is a fully hosted cloud service that securely loads apps into the TEE. This provides security for applications that need to store personal data, enable financial transactions (including by bitcoin) or protect valuable content. Developers, their customers and valuable end user data all benefit from higher levels of security and trust.

The Trustonic TEE is present on many leading Android devices, including the latest Samsung and HTC handsets. Trustonic injects cryptographic keys at the point of device manufacture, meaning that approved applications can only execute in their own secured silos.

Trustonic CEO Ben Cade commented: "Intercede provides Trustonic partners with a simple, convenient way to deploy TEE enhanced applications to enabled devices, adding valuable protection, while also simplifying and improving the end user experience. Building and maintaining trust in devices, and services running from them, is vital to growing the digital economy. MyTAM takes care of connecting trusted devices to services in need of trust."

MyTAM runs on Intercede's established market-leading security platform, which is already used by some of the world's largest enterprises and public sector organisations. It provides a scalable and cost-effective solution for any size of deployment, from enterprise apps with thousands of users to consumer apps with millions.

Richard Parris, CEO of Intercede, said: "Intercede is delighted to have partnered with Trustonic on this exciting initiative to better secure the mobile ecosystem. With Android powering the majority of the world's smart devices, it is imperative to ensure that any mobile apps running on this open platform can be both trusted and protected from attack by rogue agents. The Intercede MyTAM service has early mover advantage and technical superiority in satisfying this need. With the Trustonic TEE built into more than 250 million devices, the addressable market for the Intercede MyTAM service is large and growing. We look forward to announcing our launch customers at Mobile World Congress next month."

ENDS

About Intercede:

Intercede is a software and service company specialising in identity, credential management and secure mobility. Its solutions create a foundation of trust between connected people, devices and apps and combine expertise with innovation to provide world-class cybersecurity.

Intercede has been delivering solutions to high profile customers, from the US and UK governments to some of the world's largest corporations, telecommunications providers and information technology firms, for over 20 years.

Intercede's MyID software is an identity and credential management system that enables organisations to create and assign trusted digital identities to employees, citizens and machines and in turn allows secure access to services, facilities, information and networks. MyID adheres to international standards, while remaining simple enough to be deployed onto consumer devices such as smartphones, tablets and other devices in the Internet of Things.

In 2015 Intercede launched MyTAM; enabling trusted applications to be loaded into a mobile device's Trusted Execution Environment (TEE), providing hardware-level security for Android apps. The cloud-based service provides a cost-effective and convenient way for developers and corporations to protect their apps and users' sensitive data.

For more information visit: www.intercede.com

###

ENQUIRIES

Babel PR for Intercede:

Chris Donkin, Campaign Manager

T. +44 (0)207 434 5550

E. intercede@babelpr.com

www.babelpr.com

Intercede Group plc Tel: 01455 558111

Richard Parris, Chairman & Chief Executive

Andrew Walker, Finance Director

finnCap Ltd Tel: 020 7220 0500

Stuart Andrews, Corporate Finance

Joanna Weaving, Corporate Broking

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRABDLFFELFXBBZ

Intercede (LSE:IGP)
Historical Stock Chart
From Mar 2024 to Apr 2024

Intercede (LSE:IGP)
Historical Stock Chart
From Apr 2023 to Apr 2024