Business
Appointment of Adviser
Appointment of Adviser.
About this update from Intercede Group Plc
[{"type":"text","content":"\n \nRNS Number : 9216Y Intercede Group PLC 09 March 2017 \n\n \n \n9 March 2017 \nINTERCEDE GROUP plc\n(\"Intercede\" or \"the Company\")\nAppointment of Adviser\n \nIntercede today announces that it has appointed Capital Access Group (\"CAG\") as its investor relations adviser. CAG will support the Company in the development of its equity capital market communications with a specific focus on shareholder engagement and new investor targeting.\nThe Company has recently published a trading update (3 March 2017) which highlighted the considerable revenue opportunities facing Intercede in the medium term. This is a function of the likely positive impact of, amongst other factors, the US Government's cybersecurity initiative and the forthcoming EU directive on payment services, both of which are expected to expand Intercede's addressable markets considerably.\nCAG will support the company in communicating this potential to shareholders and new investors alike.\nCommenting on the appointment, Richard Parris, Chairman and CEO of Intercede, said;\n\"Intercede is facing a significant step change in its prospects. We have developed our market leading intellectual property to build on the success of MyID with the launch of RapID for transactions on mobile devices and the roll out of MyTAM for applications in the IoT. These initiatives are designed to address the potential offered by the structural trend towards multi-factor authentication and away from traditional password security. It is important that the Company is able to articulate clearly the significant potential this holds for our business and the markets which it addresses.\"\n&nb...