Intercede Regulatory News (IGP)

12 Sep 2005 07:00

Intercede Group PLC09 September 2005 Intercede Group plc RSA Security signs Global OEM Licence for Intercede's MyID Software Lutterworth, England, September 12, 2005 - Intercede Group plc., a leadingdeveloper and supplier of powerful smart card and identity management software,today announces that RSA Security has signed a licence agreement to incorporateIntercede's MyID smart card and identity management technology into its productportfolio.This contract has guaranteed revenues to Intercede of $2 million overa three year period, plus additional incremental licence fees for each smartcard issued by RSA Security products over and above agreed minimum levels. "RSA Security, as one of the leading players in the global IT security market,is an excellent strategic partner for Intercede," said Richard Parris, Chairmanand CEO of Intercede. "RSA Security's selection of MyID is a significantendorsement of our best of breed technology and we look forward to a long andmutually beneficial relationship". About Intercede Intercede Group plc is a leading developer and supplier of smart card andidentity management software listed on the London Stock Exchange (IGP LN)(IGP.L). The Group's MyID(TM) software manages the secure registration, issuanceand lifecycle of digital identities for a wide range of uses. This requires theintegration of multiple technologies and products from many different vendors,including smart cards, biometrics, digital certificates and Open Platformapplets. Intercede's customers cover a range of industries and include Athena SmartcardSolutions, Department of Transport Ireland, Fujitsu, Lloyds TSB, the UK NationalHealth Service (NHS), the Metropolitan Police, PinkRoccade, Royal Bank ofScotland, Ubizen and various US and UK Government agencies and departments. For more information, visit www.intercede.com This information is provided by RNS The company news service from the London Stock Exchange