Further Re Licence
Intercede Group PLC
06 September 2007
6 SEPTEMBER 2007
INTERCEDE GROUP PLC
('Intercede' or 'the Company')
Intercede Confirms Licence Agreement With Thales
Following last week's announcement of a new licence agreement, Intercede, one of
the world's leading developers and suppliers of smart card and identity
management software, is pleased to confirm that the agreement is with Thales,
the international electronics and mission critical systems group.
The agreement reinforces the relationship between Intercede and Thales and
supports the growth in demand for identity management solutions currently being
witnessed by Thales in the financial services industry and the public sector.
This agreement is separate from Intercede's existing product customisation
contract with Thales, signed previously.
Thales first integrated MyID with its SafeSign suite of products over three
years ago and has since been offering a unique identity management solution to
the market. In response to growing demand within the financial services and
public sector markets for sophisticated identity management, Thales is further
investing in the solution and has carried out extensive product development to
differentiate the SafeSign Management Server from other offerings on the market.
Together SafeSign Management Server and SafeSign Authentication Server provide
customers with an end-to-end identity management, user and message
authentication solution that unites the issuing and management of a large
variety of authentication and identification technologies, including PKI cards,
USB tokens, handheld tokens, mobile phones, contact and contactless cards and
biometric technologies.
Paul Meadowcroft, head of transaction security for the e-Security activities of
Thales, comments:
'In response to customer and market requirements, we have invested heavily in
the development of the SafeSign suite of products to ensure that customers are
receiving a unique, sophisticated and functionality-rich end-to-end identity
management and authentication solution. As a result, our customers in the
financial services and public sector markets worldwide can rely on Thales to
provide them with an advanced solution which will meet the rigorous demands of
their current and future identity management and authentication requirements.'
Richard Parris, Chief Executive of Intercede, comments:
'I am pleased that our relationship with Thales has reached this new level of
partnership as the identity and smart card market starts to quickly grow. It is
a vindication of our focused MyID product development strategy and long-term
approach to working with partners. After a 3-year partnership to date, this
order demonstrates Thales' commitment to Intercede, our technology leadership
and the longevity of Intercede's business model.
'We expect this to be the first of many significant licence orders from Thales
as SafeSign is delivered to an increasing number of banks and governmental
organisations around the world through Thales' network of international business
partners, spanning the globe from Australia in the east to Hawaii in the west
and all points between.'
- Ends -
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 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, Open Platform applets
and physical access control systems.
Intercede works with a number of market leading OEM, re-seller and technology
partners that supply MyID technology to the global marketplace including: Athena
Smartcard Solutions, Gemalto, RSA Security, SafeNet, Thales, VeriSign and a
variety of systems integrators and other security product and service providers.
Intercede and MyID are registered trademarks or trademarks in the UK, US and/or
other countries.
For more information on Intercede and MyID visit http://www.intercede.com
About Thales
Thales is a leading international electronics and systems group, addressing
defence, aerospace and security markets worldwide. Thales' leading-edge
technology is supported by 22,000 R&D engineers who offer a capability unmatched
in Europe to develop and deploy field-proven mission-critical information
systems. To this end, the group's civil and military businesses develop in
parallel and share a common base of technologies to serve a single objective:
the security of people, property and nations. The group builds its growth on its
unique multi-domestic strategy based on trusted partnerships with national
customers and market players, while leveraging its global expertise to support
local technology and industrial development. Thales employs 68,000 people in 50
countries with forecast 2007 revenues in excess of €12 billion.
Thales UK is a major electronics and systems group serving defence, aerospace,
security and services markets. Thales employs 9,000 staff in the UK, based at
more than 50 locations. In 2006 Thales UK's revenues were over £1 bn.
Press contacts
For Thales:
Sarah Milligan Suzanne Hewitt
Thales, Security Solutions & Services Hotwire, press agency
sarah.milligan@thalesesecurity.com suzanne.hewittt@hotwirepr.com
+44 (0) 1844 204181 +44 (0) 20 7608 4655
For Intercede:
Intercede Group plc Tel. +44 (0)1455 558111
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director
Pelham Public Relations
Archie Berens Tel. +44 (0)20 7743 6679
KBC Peel Hunt (Nominated adviser and broker) Tel: +44 (0)207 418 8900
Richard Kauffer/Gordon Suggett
Notes to editors:
About the e-security activities of Thales
Thales is a world leader in the provision of cryptographic security products and
solutions for all critical infrastructures including governments, the military,
satellite networks, enterprises and the finance industry. Thales has 40 years of
unrivalled track record in protecting networks up to TOP SECRET and a complete
portfolio of products, which includes network encryption, access control and
remote user solutions. In the financial world, Thales secures value bearing
transactions, data preparation for card and PIN issuing, and provides advanced
user and message authentication solutions supported by secure identity
management and token issuing. Over half of the world's banks, together with the
majority of the busiest exchanges, currently use Thales technology and services.
This information is provided by RNS
The company news service from the London Stock Exchange