US Expansion
December 12 2011 - 2:00AM
RNS Non-Regulatory
TIDMIGP
Intercede Group PLC
12 December 2011
Intercede Group plc
Intercede Continues US Expansion
Company Secures E2 Treaty Investor Status
Leicestershire, England, December 12, 2011 - Intercede Group
plc, the developer of the Intercede MyID(R) Identity and Credential
Management System today announces its has been approved as a United
States Treaty Investor (E2) by the US Embassy in London.
The company is now able to send qualified executives and
employees who are UK citizens to work for Intercede MyID Inc.,
subject only to them meeting the requirements appropriate to E2
status. Intercede MyID Inc is a wholly owned subsidiary of the
Intercede Group with offices in Reston, VA.
Treaty Investor employees qualify for E-2 work visas. These are
non-immigrant visas for nationals of a country with which the
United States maintains a treaty of friendship, commerce and
navigation who wish to go to the United States to develop and
direct the operations of an enterprise in which the Treaty Investor
is investing a substantial amount of capital.
Richard Parris, Intercede Chairman and Chief Executive said; "I
am delighted Intercede has been recognized as an E2 Treaty
Investor. This is the result of an extensive application process.
We now have the flexibility to more easily outpost key UK staff to
our US business in order to accelerate its growth. This will enable
Intercede to strengthen its US infrastructure, transfer technology,
recruit and train more US staff, extend the Intercede corporate
culture to a wider team and provide US opportunities and
experiences to our UK staff. I believe this is a key milestone in
the corporate development of the Intercede Group and will be
instrumental in enabling increased revenues to be generated from
the North American market."
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
Charles Cunningham, Corporate Finance
Rose Herbert, Corporate Finance
Joanna Weaving, Corporate Broking
Pelham Bell Pottinger Tel. +44 (0)20 7861 3112
Archie Berens
Clare Gilbey
About Intercede:
Intercede is the producer of the MyID Identity and Credential
Management System and MyID Management Agent for Microsoft Forefront
Identity Manager 2010.
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, two million
smart cards in support of the US Transportation Worker Identity
Credential program (TWIC), four US financial institutions and
340,000 smart corporate identity badges for Boeing, Booz Allen
Hamilton and Lockheed Martin. In Europe, Australasia and the Middle
East, Intercede MyID is being deployed in support of government
identity, financial services, health and corporate employee ID
security projects.
Intercede MyID is the only IDCMS software product that enables
organizations 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 personalization,
issuance and management.
Intercede MyID was the first electronic personalization product
to achieve compliance with the US FIPS-201 Personal Identity
Verification (PIV) 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 identities and
credentials, providing customers with a platform that can meet
their needs now 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.
For more information contact:
info@intercede.com or visit www.intercede.com or call
+44-1455-558111
This information is provided by RNS
The company news service from the London Stock Exchange
END
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