Intercede Group PLC Update on Major New Contract Win (9524V)
December 07 2023 - 2:00AM
UK Regulatory
TIDMIGP
RNS Number : 9524V
Intercede Group PLC
07 December 2023
7 December 2023
INTERCEDE GROUP plc
('Intercede', the 'Company' or the 'Group')
Update on Major New Contract Win
Further to the major new contract win announced on 5 December
2023, Intercede, the leading specialist in digital identity,
credential management and secure mobility, is pleased to announce
that the Group has been awarded a professional services order to
help deploy MyID Credential Management Solution (CMS) to the same
large US Federal Agency.
This additional order, with an aggregate value in excess of $0.8
million, underpins the Group's upgraded FY24 and FY25
forecasts.
Klaas van der Leest, CEO, commented:
"Once again, I am pleased to announce a further order that
supports our upgraded forecasts for FY24 and FY25. This is a
testament of the hard work my colleagues have done and indeed
continue to do so. This is an Intercede team working well with our
Partners and Clients."
ENQUIRIES
Intercede Group plc Tel. +44 (0)1455 558 111
Klaas van der Leest, CEO
Nitil Patel, CFO
Cavendish Capital Markets Limited Tel. +44 (0)20 7220 0500
Simon Hicks/Fergus Sullivan, Corporate Finance
Tim Redfern/Charlotte Sutcliffe, ECM
About Intercede
Intercede is a cybersecurity software company specialising in
digital identities, and its innovative solutions enable
organisations to protect themselves against the number one cause of
data breach: compromised user credentials.
The Intercede suite of products allows customers to choose the
level of security that best fits their needs, from Secure
Registration and ID Verification to Password Security Management,
One-Time Passwords, FIDO and PKI. Uniquely, Intercede provides the
entire set of authentication options from Passwords to PKI,
supporting customers on their journey to passwordless and stronger
authentication environments. In addition to developing and
supporting Intercede software, the Group offers professional
services and custom development capabilities as well as managing
the world's largest password breach database.
For over 20 years, global customers in government, aerospace and
defence, financial services, healthcare, telecommunications, cloud
services and information technology have trusted Intercede
solutions and expertise in protecting their mission critical data
and systems at the highest level of assurance.
For more information visit: www.intercede.com
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END
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