Last checked at 16 Apr 2013 07:00
16 April 2013
Intercede Group plc
("Intercede")
Appointment of Non-Executive Director
Intercede is pleased to announce the appointment of Ian Ashley Drew as a non-executive director with immediate effect.
Ian Drew, age 47, is currently Executive Vice President of Marketing and Business Development for ARM Holdings plc. He joined ARM in July 2005 as VP Segment Marketing and has been a member of the Executive Committee since July 2008. Prior to this, he worked at Intel Corporation for 14 years in various senior management roles in Asia, Europe and the US; latterly as GM of the Russia/CIS office based in Moscow.
Ian is also ARM's shareholder director at Trustonic, a joint venture company between ARM, Gemalto and G&D. The Trustonic vision is "To be the trusted foundation of choice for all smart connected devices".
Welcoming Ian to the Board, Chairman Richard Parris said: "I am delighted that Ian has agreed to join the Intercede Board. Ian brings a wealth of market experience and insight into the world of trusted smart devices (e.g. smart phones and tablets), consumer electronics and the 'internet-of-things'. His skills will be a valuable addition to the Intercede Board as we focus on our future strategic development."
Ian Drew said: "It is a pleasure to join the Intercede Board because I admire both the company's management team and the technology that Intercede has developed. Significant growth is expected for security technology across a wide range of market segments, and I look forward to assisting this UK company to exploit its potential around the globe".
The following information regarding Mr Drew's appointment is required to be disclosed under Schedule 2g of the AIM Rules for Companies:
Other directorships held:
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Current: | Within the last five years: |
Trustonic | Reciva |
Linaro |
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There are no further disclosures to be made under Schedule 2g of the AIM Rules.
ENQUIRIES
Intercede Group plc | Tel. +44 (0)1455 558111 |
Richard Parris, Chairman & Chief Executive | |
Andrew Walker, Finance Director | |
FinnCap | Tel. + 44 (0)20 7220 0500 |
Stuart Andrews/Rose Herbert, Corporate Finance | |
Joanna Weaving, Corporate Broking | |
Pelham Bell Pottinger | Tel. +44 (0)20 7861 3112 |
Archie Berens |
About Intercede
Intercede® is a security software provider whose MyID® identity management platform enables global organisations and governments to create trusted digital identities for employees and citizens on secure devices such as smartcards, smartphones and tablets. MyID enables the protection of IP, assets, and digital content, delivering trusted digital identities as the cornerstone of cyber security strategies for government, defence, financial services and other industries.
The Company operates in global markets (including the US, Europe and Middle East) and works with large international partners including BT, Gemalto, HP, Microsoft, Oberthur, SafeNet, Symantec and Thales to deliver flexible digital identity solutions that are interoperable with other existing technologies and which are tailored to customer needs.
Corporations such as Boeing, Booz Allen Hamilton and Lockheed Martin, and governments including the USA, UK and Kuwait, trust Intercede's deep expertise to deliver effective solutions. The Company's technology achievements reflect an investment of 300 plus man years of development, exemplary speed of deployment and adherence to international standards including FIPS 201, where MyID was the first electronic personalization product to obtain GSA approval. This trust is reflected in Intercede's rate of repeat business with its customers, which typically runs at 70-80% of annual revenues.
Intercede has been developing ID management systems since 1992 and MyID is currently deployed by end customers located in 24 countries. The company is headquartered in the UK, listed on the London Stock Exchange AIM: IGP and ISO 9001 and TickIT certified.
For more information visit http://www.intercede.com