REG - Intercede Group PLC - Receipt of $3.4m Order

IntercedeAnnouncement

30/03/2022 10:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220330:nRSd5761Ga&default-theme=true

RNS Number : 5761G  Intercede Group PLC  30 March 2022

 

 

 

30 March 2022

INTERCEDE GROUP plc

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

 

Receipt of $3.4m Order

 

 

Intercede, the leading specialist in digital identity, credential management
and secure mobility, is pleased to announce that a large US Federal Government
order totaling $3.4m was received on 29 March 2022.

 

This order represents the annual support & maintenance renewal on a
longstanding existing project for the period from 1 April 2022 to 31 March
2023. It will therefore be fully recognised as annual recurring revenue during
the new financial year ended 31 March 2023.

 

In line with normal practice, a Trading Update will be provided as soon as
possible following the completion of the Company's financial year on 31 March
2022.

 

 

ENQUIRIES

 

 Intercede Group plc                              Tel.   +44 (0)1455 558111
 Klaas van der Leest, Chief Executive

 Andrew Walker, Finance Director

 finnCap                                          Tel. + 44 (0)20 7220 0500
 Stuart Andrews / Simon Hicks, Corporate Finance
 Tim Redfern / Charlotte Sutcliffe, ECM

 

 

About Intercede

 

Intercede is a cybersecurity company specialising in digital identities,
derived credentials and access control, enabling digital trust in a mobile
world.

 

Headquartered in the UK, with offices in the US, we believe in a connected
world in which people and technology are free to exchange information
securely, and complex insecure passwords become a thing of the past.

 

Our vision is to make the highest levels of cybersecurity available to
organizations and consumers alike, solving complexity and scalability issues
by managing high volumes of digital credentials.

 

We have been delivering trusted solutions to high profile customers for over
20 years. Our team of experts has deployed millions of identities to
governments, most of the largest aerospace and defence corporations, and major
financial services and healthcare organizations, as well as leading
telecommunications, cloud services and information technology firms, providing
industry-leading employee and customer credential management systems.

 

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

 

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the company's obligations under Article 17 of
MAR.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCURVWRUKUOORR