REG - Intercede Group PLC - New Contract Awards and Renewals

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RNS Number : 8096I  Intercede Group PLC  25 November 2025

 

 

25 November 2025

INTERCEDE GROUP plc

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

New Contract awards and Renewals

Intercede, the leading cybersecurity software company specialising in digital
identities, today announces the following progress in contract and renewal
orders in Q3 FY26, totalling not less than c$4.2m.  These include, but are
not limited to, the following:

Licence orders:

·    a large US Federal Government order for MyID CMS, totalling c.$1.5m
in licence sales and associated support and maintenance. The order enhances an
existing recent deployment which is now evaluating the use of additional
devices including USB tokens and FIDO passkeys in addition to PKI;

·    a major licence order of MyID CMS from a systems integrator for a new
government end client based in Asia. The order is for c$0.63m with associated
multi-year (5.25 years) support and maintenance, together with development and
professional services includes a subscription licence order for MyID
SecureVault over a 5-year period; and

·    an add-on licence order for MyID CMS, from a major systems integrator
partner with an end user client being a government agency in Asia, for c$0.18m
including 2-year support and maintenance;

Support and Maintenance renewals and Professional Services extensions:

·    Department of State (DoS) annual renewal of support and maintenance
G-IDMS totalling c$1.15m;

·    a two year support and maintenance renewal for a government agency in
Asia totalling c$0.19m:

·    a professional services order for c$0.3m to provide SMEs to a
significant US Army deployment in the Middle East; and

·    a professional services order of c$0.22m with DoS for the continued
maintenance of MyID CMS.

These orders were generated through strategic collaborations, demonstrating
the success of our partnership-driven approach and the strength of the Group's
broader network.

Klaas van der Leest, CEO, commented:

"In the trading update of 9 October 25, I stated that we remain focused on
converting pipeline opportunities as we move into the second half of FY26.
Whilst the market is still  experiencing delays in awards,  I am pleased
with the performance of the Group and our ability to be in a position to
 announce a series of new contract orders together with major renewals from
multiple regions."

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                        ECM

 

About Intercede

Intercede is a cybersecurity software company specialising in digital
identities and strong authentication, 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
passkeys 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. In addition to developing
and supporting Intercede software, the Group offers professional services and
development capabilities as well as managing the world's largest password
breach database.

 

For over 25 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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