Intercede Group PLC
12 December 2005
Re: New OEM Agreement
Verisign signs Global OEM Licence for Intercede's MyID(TM)Software
Lutterworth, England, December 12, 2005 - Intercede Group plc., a leading
developer and supplier of powerful smart card and identity management software,
today announces that Verisign has signed a licence agreement to incorporate
Intercede's MyID(TM)smart card and identity management technology into its
Unified Authentication and Managed PKI service portfolio. Under this contract
Intercede will be paid to produce a custom version of MyID that will be
exclusively integrated with a number of Verisign products and services. This
agreement guarantees Intercede a share of Verisign's future services revenues
for all services that incorporate the Verisign version of MyID to manage smart
cards and other devices.
'Verisign, as one of the leading players in the global IT security services
market, is an excellent strategic partner for Intercede. Verisign has the
potential to service millions of users with Intercede's MyID smart card
technology', said Richard Parris, Chairman and CEO of Intercede. 'Verisign's
selection of MyID, after a competitive procurement process, is a further
significant endorsement of our best of breed technology and we look forward to a
long and mutually beneficial relationship'.
About Intercede
Intercede Group plc is a leading developer and supplier of smart card and
identity management software listed on the London Stock Exchange (IGP LN)
(IGP.L). The Group's MyID(TM)software manages the secure registration, issuance
and lifecycle of digital identities for a wide range of uses. This requires the
integration of multiple technologies and products from many different vendors,
including smart cards, biometrics, digital certificates and Open Platform
applets.
Intercede's customers cover a range of industries and include Athena Smartcard
Solutions, Department of Transport Ireland, Fujitsu, Lloyds TSB, the UK National
Health Service (NHS), the Metropolitan Police, Getronics/PinkRoccade, RSA
Security, Royal Bank of Scotland, Thales, Ubizen and various US and UK
Government agencies and departments.
For more information, visit www.intercede.com
Enquiries:
Intercede
Tel. +44 (0) 1455 558111
Richard Parris - Chairman & Chief Executive
Andrew Walker - Finance Director
This information is provided by RNS
The company news service from the London Stock Exchange