Business
Receipt of $3.4m Order
Receipt of $3.4m Order.
About this update from Intercede Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 5761G\n Intercede Group PLC\n 30 March 2022\n \n \n \n \n \n \n \n \n \n \n \n \n \n 30 March 2022\n \n \n INTERCEDE GROUP plc\n \n \n ('Intercede', the 'Company' or the 'Group')\n \n \n \n \n \n Receipt of $3.4m Order\n \n \n \n \n \n \n \n \n Intercede, the leading specialist in digital identity, credential management and secure mobility, is pleased to announce that a large US Federal Government order totaling $3.4m was received on 29 March 2022. \n \n \n \n \n \n This order represents the annual support & maintenance renewal on a longstanding existing project for the period from 1 April 2022 to 31 March 2023. It will therefore be fully recognised as annual recurring revenue during the new financial year ended 31 March 2023.\n \n \n \n \n \n In line with normal practice, a Trading Update will be provided as soon as possible following the completion of the Company's financial year on 31 March 2022.\n \n \n \n \n \n \n \n \n ENQUIRIES\n \n \n \n \n \n \n \n \n Intercede Group plc\n \n \n \n \n \n Tel.\n \n \n \n \n +44 (0)1455 558111\n \n \n \n \n \n \n \n Klaas van der Leest, Chief Executive\n \n \n Andrew Walker, Finance Director\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n finnCap\n \n \n \n \n Tel. + 44 (0)20 7220 0500\n \n \n \n \n \n \n Stuart Andrews / Simon Hicks, Corporate Finance\n \n \n \n \n \n \n \n \n \n \n \n \n \n Tim Redfern / Charlotte Sutcliffe, ECM\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n About Intercede\n \n \n \n \n \n Intercede is a cybersecurity company specialising in digital identities, derived credentials and access control, enabling digital trust in a mobile world.\n \n \n \n \n \n Headquartered in the UK, with offices in the US, we believe in a connected world in which people and technology are free to exchange information securely, and complex insecure passwords become a thing of the past.\n \n \n \n \n \n Our vision is to make the highest levels of cybersecurity available to organizations and consumers alike, solving complexity and scalability issues by managing high volumes of digital credentials.\n \n \n \n \n \n We have been delivering trusted solutions to high profile customers fo...