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Trading Update

8 Jan 2014 07:00

RNS Number : 1543X
Intercede Group PLC
08 January 2014
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Released: 8/1/2014

Embargoed until: 8/1/2014

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Intercede Group plc

("Intercede")

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Intercede is a leading provider of identity and credential management software,

creating trusted digital identities through its proprietary MyID product.

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We are pleased to report that Intercede continues to generate strong revenue growth. As a result, after the first 9 months of the current financial year, Intercede has matched the revenues achieved in the whole of the previous year.

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This is in line with expectations and reflects continued progress with existing customers and previously announced new contract wins.

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Richard Parris, Chairman and Chief Executive, said: "This statement means that shareholders can remain confident that Intercede will deliver on the execution of its business strategy for the 2014 financial year and we are very well positioned to exploit anticipated market growth in the following period".

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[ends]

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Enquiries

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Intercede Group plc Tel. +44 (0)1455 558111Richard Parris, Chairman & Chief ExecutiveAndrew Walker, Finance Director

Lorraine Homer, Communication Director

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finnCap Ltd Tel. +44 (0)207 220 0500Stuart Andrews, Corporate Finance

Joanna Weaving, Corporate Broking

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Pelham Bell Pottinger Tel. +44 (0)7802 442486

Archie Berens

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About Intercede

Intercede is a software company specialising in identity and credential management with a global team of experts located in the US and UK.

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Intercede's MyID identity and credential management software enables organisations to create and use trusted digital identities for employees, citizens and machines. This allows secure access to services, facilities, information and networks.

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MyID meets the highest government standards yet is simple enough to be deployed onto consumer devices such as smart phones and tablets. Critically, MyID provides an easy, convenient and secure alternative to passwords.

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Millions of identities are managed using MyID and Intercede has provided identity verification and management services to global customers for more than 20 years. MyID is a commercial off the shelf software product, designed and developed to be configurable so it can be embedded as the cornerstone of cyber security infrastructure for governments and corporations.

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Customers trusting Intercede for secure digital identity include the US and UK governments and some of the world's largest corporations, telecommunications providers and information technology partners.

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This information is provided by RNS
The company news service from the London Stock Exchange
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TSTSSESMAFLSEDF
Date   Source Headline
15th Dec 20057:00 amRNSInterim Results
12th Dec 200512:28 pmRNSRe New OEM Agreement
9th Dec 200512:47 pmRNSHolding(s) in Company
30th Nov 200510:42 amRNSFurther re OEM Agreement
21st Nov 20051:44 pmRNSFurther re Global OEM Licence
12th Sep 20057:00 amRNSRe: Global OEM Licence
13th Jun 20054:12 pmRNSHolding(s) in Company-Amend
25th May 200512:04 pmRNSHolding(s) in Company
24th May 20057:00 amRNSFinal Results
31st Mar 20057:00 amRNSTrading Statement
24th Feb 200512:48 pmRNSRe Contract
21st Jan 20059:11 amRNSRe Contract

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