Business
Re New OEM Agreement
Re New OEM Agreement.
About this update from Intercede Group Plc
[{"type":"text","content":"\n Intercede Group PLC\n12 December 2005\n\n\nRe: New OEM Agreement\n\nVerisign signs Global OEM Licence for Intercede's MyID(TM)Software\n\nLutterworth, England, December 12, 2005 - Intercede Group plc., a leading\ndeveloper and supplier of powerful smart card and identity management software,\ntoday announces that Verisign has signed a licence agreement to incorporate\nIntercede's MyID(TM)smart card and identity management technology into its\nUnified Authentication and Managed PKI service portfolio. Under this contract\nIntercede will be paid to produce a custom version of MyID that will be\nexclusively integrated with a number of Verisign products and services. This\nagreement guarantees Intercede a share of Verisign's future services revenues\nfor all services that incorporate the Verisign version of MyID to manage smart\ncards and other devices.\n\n'Verisign, as one of the leading players in the global IT security services\nmarket, is an excellent strategic partner for Intercede. Verisign has the\npotential to service millions of users with Intercede's MyID smart card\ntechnology', said Richard Parris, Chairman and CEO of Intercede. 'Verisign's\nselection of MyID, after a competitive procurement process, is a further\nsignificant endorsement of our best of breed technology and we look forward to a\nlong and mutually beneficial relationship'.\n\nAbout Intercede\n\nIntercede Group plc is a leading developer and supplier of smart card and\nidentity management software listed on the London Stock Exchange (IGP LN)\n(IGP.L). The Group's MyID(TM)software manages the secure registration, issuance\nand lifecycle of digital identities for a wide range of uses. This requires the\nintegration of multiple technologies and products from many different vendors,\nincluding smart cards, biometrics, digital certificates and Open Platform\napplets.\n\nIntercede's customers cover a range of industries and include Athena Smartcard\nSolutions, Department of Transport Ireland, Fujitsu, Lloyds TSB, the UK National\nHealth Service (NHS), the Metropolitan Police, Getronics/PinkRoccade, RSA\nSecurity, Royal Bank of Scotland, Thales, Ubizen and various US and UK\nGovernment agencies and departments.\n\nFor more information, visit www.intercede.com\n\nEnquiries:\n\nIntercede\nTel. +44 (0) 1455 558111\nRichard Parris - Chairman & Chief Executive\nA...