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Share Price Information for Intercede (IGP)

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101.50    -9.50 (-8.56%)
Bid:
100.00
Ask:
103.00
Spread: 3.00 (3.00%)
Market Cap: £61.06m
IGP Live PriceLast checked at - London Stock Exchange

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Re Contract

21 Jan 2005 09:11

Intercede Group PLC21 January 2005 Intercede Group plc Intercede's partnership with Gemplus reinforced by significant order Intercede, a leading provider of smart card and identity management software,today announces that it has received an order in excess of £0.5m from Gemplus, aleading provider of smart card solutions, for a major European customer. Since2003, Intercede and Gemplus have developed a strong partnership built aroundIntercede's MyID Smart Card and Identity Management System, as part of Gemplus'smart card-based corporate ID solution, SafesITe. "This success demonstrates that our strategy of delivering Intercede's MyIDtechnology to major customers through channel partners is starting to producesignificant sales revenues. The order reinforces the mutual importance ofGemplus as an Intercede partner and illustrates that our combined solutions havematured into a compelling offering to the market," said Richard Parris, Chairmanand Chief Executive, Intercede Group plc. "Using MyID with Gemplus smart cards,readers and middleware, enables organisations to securely identify andauthenticate individuals in a practical and cost-effective manner. We lookforward to working with Gemplus on other smart card projects for customersaround the World" Gemplus' SafesITe solution incorporates Intercede's MyID to provide auser-friendly method to deploy and manage smart cards for organisations choosingto adopt corporate ID cards with Microsoft PKI credentials. The corporate IDcards can be used to securely access business information and data from theorganisation's PCs, Networks, VPNs and Web resources as well as providingphysical access to offices and buildings. "Our technical partnership with Intercede has quickly grown into what is now afruitful and successful business venture that allows both our companies tobetter engage the corporate ID market," said Olivier Chavrier, Gemplus Directorof Marketing for ID & Security. "This contract well reflects the growinginterest and escalating need for smart card-based identity solutions in theenterprise." About IntercedeIntercede Group plc is a leading developer and supplier of smart card andidentity management software traded on AIM, a market operated by the LondonStock Exchange (IGP LN) (IGP.L). The Group's MyIDTM software manages the secureregistration, issuance and lifecycle of digital identities for a wide range ofuses. This requires the integration of multiple technologies and products frommany different vendors, including smart cards, biometrics, digital certificatesand Open Platform applets.Intercede's customers cover a range of industries and include Athena Smart CardSystems, Barclays Bank, BEWAG, Department of Transport Ireland, Fujitsu, LloydsTSB, the UK National Health Service (NHS), the Metropolitan Police, PinkRoccade,Royal Bank of Scotland, Ubizen and various US and UK Government agencies anddepartments. For more information, visit Intercede's home page at www.intercede.com. About GemplusGemplus International S.A. (Euronext: LU0121706294 - GEM and NASDAQ: GEMP) isthe world's leading player in the smart card industry in both revenue and totalshipments (source: Gartner-Dataquest (2004), Frost & Sullivan, Datamonitor.). Ithas sold over 4 billion smart cards.With security at its core, and 2400 patents produced by its innovative R&D team,Gemplus delivers a wide range of portable, personalized solutions in areasincluding Identity, Mobile Telecommunications, Public Telephony, Banking,Retail, Transport, Healthcare, WLAN, Pay-TV, e-government, and access control. Gemplus' revenue in 2003 was 749 million Euros. www.gemplus.com ENQUIRIES:Intercede Group plc Tel. 01455 558111Richard Parris Chairman & Chief ExecutiveAndrew Walker Finance Director This information is provided by RNS The company news service from the London Stock Exchange
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29th Jan 20247:00 amRNSNew Orders
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21st Nov 20237:01 amRNSNew Contract and Renewal Orders
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