Intercede Group PLC New Contract and Renewal Orders (0564U)
21 Noviembre 2023 - 1:01AM
UK Regulatory
TIDMIGP
RNS Number : 0564U
Intercede Group PLC
21 November 2023
21 November 2023
INTERCEDE GROUP plc
('Intercede', the 'Company' or the 'Group')
New Contract and Renewal Orders
Intercede, the leading specialist in digital identity,
credential management and secure mobility , is pleased to announce
that the Group has secured the following new contract and renewal
orders:
-- New licence order for MyID CMS from a major world governance bank based in Europe;
-- Commencement of professional services for a new deployment
with a significant US Federal Agency;
-- Upgrade by a large Transportation Agency in the US; and
-- Renewal of Support and Maintenance contracts across a host of smaller clients of the Group.
These orders, with an aggregate contract value in excess of
$0.5m, underpin the Group's revenue for FY24 and creates contracted
revenue backlog for FY25.
Klaas van der Leest, CEO, commented:
"With the release of our H1 results today we are pleased to
announce further new contract wins in Europe and the US. These
contracts and renewals strengthen our recurring revenues and
continue the Group's strong momentum in FY24 ."
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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(END) Dow Jones Newswires
November 21, 2023 02:01 ET (07:01 GMT)
Intercede (LSE:IGP)
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