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Market Cap: £68.59m
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Trading Update

8 Jan 2014 07:00

RNS Number : 1543X
Intercede Group PLC
08 January 2014
 



 

 

 

 

 

Released: 8/1/2014

Embargoed until: 8/1/2014

 

Intercede Group plc

("Intercede")

 

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

creating trusted digital identities through its proprietary MyID product.

 

 

 Trading Update

 

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.

 

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

 

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".

 

[ends]

  

Enquiries

 

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

Lorraine Homer, Communication Director

 

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

Joanna Weaving, Corporate Broking

 

 

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

Archie Berens

 

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.

 

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.

 

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.

 

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.

 

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.

 

 

  

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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