Business
First Customer: Derived Credentials for Mobile
First Customer: Derived Credentials for Mobile.
About this update from Intercede Group Plc
[{"type":"text","content":"\n \nRNS Number : 8014S Intercede Group PLC 29 September 2014 \n\nINTERCEDE GROUP PLC\n(\"Intercede or the \"Company\")\nPRESS RELEASE\n29 September 2014\nFirst Customer: Derived Credentials for Mobile\n \nExisting Intercede customer to use latest release of MyID credential management software\nto meet new US Government FIPS 201-2 security standard\n \n \nLeading digital identity expert Intercede today announced that a high-profile US federal government agency has placed an initial order for its MyID v10.1 credential management software to provide its employees with secure identity on mobile devices to meet the new FIPS 201-2 standard.\n \nLaunched earlier this month, MyID v10.1 is the US's first derived credential solution that can securely issue and manage trusted personal identity verification (PIV) credentials for mobile. Meeting the technical and business process standards for FIPS 201-2 compliance, MyID combines technology independence with an easy \"mobile first\" self-service interface to enable fast enterprise-wide deployment of derived credentials.\n \nThe use of derived credentials enables federal employees to securely access mobile resources that they could previously only get to with their PIV smart card, leading to higher productivity while strengthening security.\n \nRichard Parris, Intercede CEO, commented: \"This launch customer for MyID v10.1 is the first deployment of a derived credentials based identity solution within the US federal government. Such is our industry leadership that this order was secured even before FIPS 201-2 has been formally ratified. With several more contracts in the pipeline for early closure, we look forward to a healthy new revenue stream from our move into mobile security.\"\n \nEnquiries\n \nIntercede Group plc\nTel. +44 (0)1455 558111\nRichard Parris, Chairman & Chief Executive\nAndrew Walker, Finance Director\n \nfinnCap Ltd\nTel. +44 (0)207 220 0500\nStuart Andrews, Corporate Finance\nJoanna Weaving, Corporate Broking\n \nBell Pottinger\nTel. +44 (0)7802 442486\nArchie Berens\n \n \nAbout Intercede\nIntercede is a software company specialising in identity and credential management with a global team of experts located in the US and UK.\nIntercede's MyID software enables organisations to create and use tru...