REG - Intercede Group PLC - New Contract Orders and Renewals

IntercedeAnnouncement

Today 07:00

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RNS Number : 4805P  Intercede Group PLC  03 July 2025

3 July 2025

INTERCEDE GROUP plc

('Intercede', the 'Company' or the 'Group')

Momentum being maintained with New Contract Orders and Renewals

 

Intercede, the leading cybersecurity software company specialising in digital
identities, is pleased to announce continued progress with an update on recent
contract and renewal orders worth c$1.5m in aggregate.

These include the following in Q1FY26:

 

·    a US Federal Government Agency order for MyID CMS, totalling c$0.5m
in licence sales and associated support and maintenance, enhancing further
licence purchases in a recent large deployment;

·    a US Federal Government Agency order for MyID CMS, totalling c$0.1m
in licence sales and associated support and maintenance, enhancing further
licence purchases in an established large deployment;

·    a new top-up licence order for MyID CMS of c$0.4m from a large
existing US Defence and Aerospace manufacturer;

 

·    a MyID CMS renewal for a US Defence and Aerospace manufacturer,
totalling c$0.2m;

 

·    a MyID CMS renewal for an intelligence community agency in the US,
totalling c$0.2m;

 

·    a professional services order of c$0.1m, for an existing POC client
in the US federal space to prepare the groundwork for a future device
deployment of MyID CMS.

 

These orders, all received via our partners, continues the Group's momentum
from FY25 into FY26 as stated in our Preliminary Results released on 24 June
2025.

 

Klaas van der Leest, CEO, commented:

"As mentioned in the Preliminary Results for FY25, the Group has a strong,
geo-diversified pipeline and we aim to convert and expand the pipeline during
the year. It is encouraging to see further traction in the US Federal and
Defence Supplier market, underlying the resilience, relevance and strength of
our offering".

 

ENQUIRIES

 Intercede Group plc                Tel. + 44 (0)1455 558111
 Klaas van der Leest                CEO
 Nitil Patel                        CFO

 Cavendish Capital Markets Limited  Tel. + 44 (0)20 7220 0500
 Marc Milmo/Fergus Sullivan         Corporate Finance
 Tim Redfern/Jamie Anderson         ECM

 

About Intercede

Intercede is a cybersecurity software company specialising in digital
identities, and its innovative solutions enable organisations to protect
themselves against the number one cause of data breach: compromised user
credentials.

 

The Intercede suite of products allows customers to choose the level of
security that best fits their needs, from Secure Registration and ID
Verification to Password Security Management, One-Time Passwords, FIDO and
PKI. Uniquely, Intercede provides the entire set of authentication options
from Passwords to PKI, supporting customers on their journey to passwordless
and stronger authentication environments. In addition to developing and
supporting Intercede software, the Group offers professional services and
custom development capabilities as well as managing the world's largest
password breach database.

 

For over 20 years, global customers in government, aerospace and defence,
financial services, healthcare, telecommunications, cloud services and
information technology have trusted Intercede solutions and expertise in
protecting their mission critical data and systems at the highest level of
assurance.

For more information visit: www.intercede.com (http://www.intercede.com)

 

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