Contract Wins
Summary by AI BETAClose X
03 Aug 2026
INTERCEDE GROUP plc
('Intercede', the 'Company' or the 'Group')
New Contract Wins, Orders and Renewals
Intercede, the leading cybersecurity software company specialising in digital identities, today announces new contract orders and renewals of approximately $2.6m in total, together with a further approximately $1.65m of potential future renewal value extending through to February 2030, all received via the Group's partner network.
Intercede is pleased to provide details of additional contract wins that further underscore the Group's improving order intake momentum as well as deferred revenues:
New Contract Wins:
· A licence sale to a new US Federal Agency for perpetual licences for MyID CMS, including support and maintenance, totalling c$0.2m;
· An initial new order for a military alliance for MyID CMS and associated support and maintenance, totalling c€0.1m;
· A perpetual licence sale to a new US Federal Agency for MyID CMS and related support and maintenance of c$0.05m.
· A 4 year subscription licence order to a German local authority for MyID CMS of c$0.05m.
New Professional Services Orders:
· A professional services order for MyID CMS upgrade of c$0.16m from a large existing US Defence and Aerospace manufacturer;
· A professional services order of c$0.9m, for an existing client in the US federal space maintaining the deployment of MyID CMS;
· A professional services order of c$0.3m, for an existing POC client in the US federal space to prepare the groundwork for a future device deployment of MyID CMS.
Renewals:
· A MyID CMS renewal for a national identity deployment in the Middle East, totalling c$0.55m for the initial year, with a further three years of potential renewal value covering the period through to February 2030, subject to customary annual renewal provisions;
· A renewal for a large space agency for MyID CMS, c$0.1m;
· A subscription renewal for a major US national laboratory of c$0.1m for MyID CMS;
· A subscription renewal with a significant bank in the Middle East for c$0.1m.
Klaas van der Leest, CEO, commented:
"As outlined in our April 2026 updates, FY27 has started well, with pipeline conversion and trading momentum being maintained. The Group continues to execute its growth strategy through new customer acquisition, expansion within our existing base, and a healthy blend of licence, subscription and Support & Maintenance as well as services revenue.
The Group remains confident in its ability to deliver sustainable growth over the medium term, whilst continuing to monitor the evolving global economic and geopolitical environment".
ENQUIRIES
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Intercede Group plc |
Tel. + 44 (0)1455 558111 |
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Klaas van der Leest |
CEO |
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Nitil Patel |
CFO |
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Cavendish Capital Markets Limited |
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Marc Milmo/Fergus Sullivan/Trisyia Jamaludin |
Corporate Finance |
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Matt Lewis |
ECM |
About Intercede
Intercede is a cybersecurity software company specialising in digital identities, and its innovative solutions enable organisations to protect themselves against the number one cause of data breach: compromised user credentials.
The Intercede suite of products allows customers to choose the level of security that best fits their needs, from Secure Registration and ID Verification to Password Security Management, One-Time Passwords, FIDO and PKI. Uniquely, Intercede provides the entire set of authentication options from Passwords to PKI, supporting customers on their journey to passwordless and stronger authentication environments. In addition to developing and supporting Intercede software, the Group offers professional services and custom development capabilities as well as managing the world's largest password breach database.
For over 20 years, global customers in government, aerospace and defence, financial services, healthcare, telecommunications, cloud services and information technology have trusted Intercede solutions and expertise in protecting their mission critical data and systems at the highest level of assurance.
For more information visit: www.intercede.com
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