Intercede Regulatory News (IGP)

12 Dec 2005 12:28

Intercede Group PLC12 December 2005 Re: New OEM Agreement Verisign signs Global OEM Licence for Intercede's MyID(TM)Software Lutterworth, England, December 12, 2005 - Intercede Group plc., a leadingdeveloper and supplier of powerful smart card and identity management software,today announces that Verisign has signed a licence agreement to incorporateIntercede's MyID(TM)smart card and identity management technology into itsUnified Authentication and Managed PKI service portfolio. Under this contractIntercede will be paid to produce a custom version of MyID that will beexclusively integrated with a number of Verisign products and services. Thisagreement guarantees Intercede a share of Verisign's future services revenuesfor all services that incorporate the Verisign version of MyID to manage smartcards and other devices. "Verisign, as one of the leading players in the global IT security servicesmarket, is an excellent strategic partner for Intercede. Verisign has thepotential to service millions of users with Intercede's MyID smart cardtechnology", said Richard Parris, Chairman and CEO of Intercede. "Verisign'sselection of MyID, after a competitive procurement process, is a furthersignificant endorsement of our best of breed technology and we look forward to along and mutually 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, Getronics/PinkRoccade, RSASecurity, Royal Bank of Scotland, Thales, Ubizen and various US and UKGovernment agencies and departments. For more information, visit www.intercede.com Enquiries: IntercedeTel. +44 (0) 1455 558111Richard Parris - Chairman & Chief ExecutiveAndrew Walker - Finance Director This information is provided by RNS The company news service from the London Stock Exchange