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Intercede Gets US Government Order For MyID Credential Management

Mon, 29th Sep 2014 08:45

LONDON (Alliance News) - Intercede Group PLC Monday said it has received an order from an unspecific US federal government agency to use the MyID v10.1 credential management software

The agency has ordered the product for its employees to meet FIPS 201-2 standards in mobile device security, the digital identity company said.

"With several more contracts in the pipeline for early closure, we look forward to a healthy new revenue stream from our move into mobile security," said Intercede Chief Executive Officer Richard Parris.

Intercede shares were up 2.3% to 173.975 pence on Monday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.

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