Intercede Group PLC New Contract Win (3305R)
February 28 2019 - 1:00AM
UK Regulatory
TIDMIGP
RNS Number : 3305R
Intercede Group PLC
28 February 2019
28 February 2019
Intercede Group plc
("Intercede" or the "Company")
New Contract Win
Intercede, the leading specialist in digital identity,
credential management and secure mobility, is pleased to announce
the first sale of its MyID credential management software to an end
customer in the region of SE Asia.
An order totalling $0.5m has been received from a new Partner
with offices in Singapore, Hong Kong and Malaysia, that does
business throughout the region. The order includes software
licenses, associated Support & Maintenance, Development and
Professional Services; some of which will be recognised as revenue
beyond the current financial year.
It is also anticipated that this first contract will lead onto
further business in the region in future years.
ENQUIRIES
Intercede Group plc Tel. +44 (0)1455 558111
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
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
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END
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