Intercede Regulatory News (IGP)

15 Dec 2008 07:00



15 December 2008

INTERCEDE GROUP plc

("Intercede" or "the Company")

Intercede Announces Further Contract Win with Lockheed Martin Corporation

Intercede, the producer of the Intercede MyID® Identity and Credential Management System, today announces that Intercede's MyID system has been selected by Lockheed Martin to power the Lockheed Martin Assured Identity Programme. Under this programme, smart card identity badges will be issued to Lockheed Martin employees, of whom there are 140,000 in total. 

The initial orders under this contract will make a material contribution to Intercede's sales revenue during the current financial year and further orders are anticipated in future periods. These orders are additional to that announced by Intercede on 29 September 2008.

"Intercede is delighted to have been chosen by the world's largest defense contractor to supply software for securing the corporation's internal facilities and systems" said Richard Parris, Chairman and Chief Executive. "This selection follows a multi-year pilot during which time Intercede has proven the capability, flexibility and security of the MyID system in a large corporate environment".

About Intercede 

Intercede is the producer of the MyID® Identity and Credential Management System (IDCMS). Intercede's MyID is the only IDCMS software product that enables organizations to easily and securely manage the identities of people and their associated identity credentials within a single, integrated, workflow driven platform. This includes enabling and managing: secure registration, biometric capture, application vetting and approval through to smart card personalization, issuance and management.

Intercede's MyID is being used around the world by large corporations, governments and banks to manage millions of identities for employees, citizens and customers. Notable deployments in the US include 10 Federal Agencies, the Department of Homeland Security's Transportation Worker Identification Credential program (TWIC) and two major financial institutions. In Europe and the Middle East, Intercede's MyID is being deployed in support of multiple government identity, health and corporate employee ID security projects.

For more details visit www.intercede.com

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