New US Government Contracts

Intercede Group PLC 20 November 2006 20 November 2006 INTERCEDE GROUP plc ('Intercede' or 'the Company') Additional US Federal Government Wins Intercede is delighted to inform the market that Operational Research Consultants, Inc. (ORC), a wholly owned subsidiary of WidePoint Corporation, and a RSA Security partner, has signed contracts with both the Federal Trade Commission (FTC) and the Federal Housing Finance Board (FHFB) to provide end-to-end managed services in support of their Homeland Security Presidential Directive 12 (HSPD-12) compliance. ORC's hosted PIVotal ID Card Management System (CMS), powered by the RSA Card Manager will provide both agencies with end-to-end PIV card enrolment, issuance and management services. RSA Card Manager is powered by Intercede's MyID technology under an OEM licence agreement announced in 2005. Whilst the revenues from these contracts will not be material in Intercede's current financial year, the Directors believe that they are further evidence of the growing market traction being achieved by the MyID technology. Richard Parris, Chairman & Chief Executive of Intercede, commented: 'Intercede are delighted that both the FTC and the FHFB have selected MyID powered solutions from RSA Security and its partners. This announcement demonstrates that MyID has the flexibility and scalability to work not only as a stand-alone product, but also in a hosted environment, such as ORC, where multiple technologies and solutions are integrated to deliver an end-to-end service.' HSPD-12 is one of the most important and high profile security directives of recent years. It was issued by President Bush himself in August 2004 and required, firstly, the creation of an official federal standard (FIPS-201) for Personal Identity Verification (PIV), which would prescribe technologies and processes for the effective vetting and access control of all federal employees and contractors. The second requirement of HSPD-12 was for every US Federal Agency to have implemented a PIV solution by the end of October 2006, with all employees and contractors required to have a personal-201 compliant, smart card based identity card one year later. Each of these cards will be issued and managed using a management system such as MyID. All HSPD-12 solutions must by mandate only incorporate products that have been exhaustively tested against by the US General Services Administration (GSA), and included in the GSA's Approved Product List for PIV products. Intercede announced on 4 October 2006 that it had become the first product in its category to achieve this coveted status. It is estimated that almost 8 million identity cards will be issued under HSPD-12. Industry analysts Stanford Group estimate the total value of the programme to be worth approximately US$1.3 billion. 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 and Open Platform applets. Intercede works with a number of market leading OEM, re-seller and technology partners that supply MyID technology including: Athena Smartcard Solutions, Gemalto, RSA Security, SafeNet, Thales, VeriSign and a variety of systems integrators and other security product and service providers. For more information, visit www.intercede.com Intercede and MyID are registered trademarks or trademarks in the UK, US and/or other countries. ENQUIRIES 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 Kate Catchpole This information is provided by RNS The company news service from the London Stock Exchange
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