Intercede Group PLC Appointment of Adviser
March 09 2017 - 1:01AM
RNS Non-Regulatory
TIDMIGP
Intercede Group PLC
09 March 2017
9 March 2017
INTERCEDE GROUP plc
("Intercede" or "the Company")
Appointment of Adviser
Intercede today announces that it has appointed Capital Access
Group ("CAG") as its investor relations adviser. CAG will support
the Company in the development of its equity capital market
communications with a specific focus on shareholder engagement and
new investor targeting.
The Company has recently published a trading update (3 March
2017) which highlighted the considerable revenue opportunities
facing Intercede in the medium term. This is a function of the
likely positive impact of, amongst other factors, the US
Government's cybersecurity initiative and the forthcoming EU
directive on payment services, both of which are expected to expand
Intercede's addressable markets considerably.
CAG will support the company in communicating this potential to
shareholders and new investors alike.
Commenting on the appointment, Richard Parris, Chairman and CEO
of Intercede, said;
"Intercede is facing a significant step change in its prospects.
We have developed our market leading intellectual property to build
on the success of MyID with the launch of RapID for transactions on
mobile devices and the roll out of MyTAM for applications in the
IoT. These initiatives are designed to address the potential
offered by the structural trend towards multi-factor authentication
and away from traditional password security. It is important that
the Company is able to articulate clearly the significant potential
this holds for our business and the markets which it
addresses."
ENQUIRIES
Intercede Group plc Tel. +44 (0)1455 558 111
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director
finnCap Tel. +44 (0)20 7220 0500
Stuart Andrews, Corporate Finance
Simon Hicks, Corporate Finance
Capital Access Group Tel. +44 (0)203 763 3400
Scott Fulton
Ed Welsby
About Intercede
Intercede is a software and service company specializing 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
product portfolio includes MyID, an identity and credential
management system that assigns trusted digital identities to
employees citizens and machines. 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. In 2016, Intercede launched RapID, a
secure, easy to implement authentication service for mobile apps
and cloud services to completely eliminate the need for
passwords.
For more information visit: www.intercede.com
About Capital Access Group (CAG)
Capital Access Group advises companies on effective engagement
with investors. Its services range from corporate access,
investment research, investor targeting, data analytics and
perception studies. CAG focuses on relationships with Private
Client Fund Managers (PCFMs), regional pension funds and wealth
managers. Currently, it acts for over 60 UK companies from FTSE 100
constituents to AIM listed entities. Its investment audience
consists of over 500 individual firms and over 4,500 fund managers
with combined Assets under Management (AuM) of over GBP650bn.
For more information visit: www.capitalaccessgroup.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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