Business
Major Subcontract with Thales
Major Subcontract with Thales.
About this update from Intercede Group Plc
[{"type":"text","content":"\n RNS Number : 8565H Intercede Group PLC 01 March 2010 \n \n\n1 March 2010\nIntercede Group plc\n(\"Intercede\" or the \"Company\")\n \nMajor Subcontract with Thales\n \nIntercede announces that it has signed a new subcontract with Thales UK for the supply of software licenses, professional services and recurring support and maintenance fees relating to the production deployment of a major UK government project. \nRevenues associated with this project (including amounts invoiced prior to signing the sub-contract) are expected to exceed £0.5m in the current financial year. There is the potential for additional revenues during future periods.\nAbout IntercedeIntercede is the producer of the MyID® Identity and Credential Management System (IDCMS). Intercede's MyID is the only IDCMS software product that enables organizations to easily and securely manage the identities of people and their associated identity credentials within a single, integrated, workflow driven platform. This includes enabling and managing: secure registration, biometric capture, application vetting and approval through to smart card personalisation, issuance and management.\nIntercede's MyID is being used around the world by large corporations, governments and banks to manage millions of identities for employees, citizens and customers. Notable deployments in the US include 10 Federal Agencies, a program with Lockheed Martin and two major US financial institutions. In Europe and the Middle East, Intercede's MyID is being deployed in support of government identity, health and corporate employee ID security projects.\nFor more information visit http://www.intercede.com\n###\nENQUIRIES\nIntercede Group plc\nRichard Parris, Chairman & Chief Executive\nAndrew Walker, Finance Director\nTel. +44 (0)1455 558111\nFinnCap\nClive Carver, Corporate Finance \nJoanna Weaving / Tom Jenkins, Corporate Broking \nTel. +44 (0)20 7600 1658\n \nPelham Bell Pottinger\nArchie Berens\nTel. +44 (0)20 7337 1509\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END CNTUGUPUWUPUGWG \n ","length":3344,"tagName":"div"}]