New Contract Upsell Orders and Renewal

Intercede Group PLC

21 April 2026

 

21 April 2026

INTERCEDE GROUP plc

('Intercede', the 'Company' or the 'Group')

 New Contract Upsell Orders and Renewal

Intercede, the leading cybersecurity software company specialising in digital identities, today announces new contract upsell orders and a renewal.

Further to the announcement on 9 April 2026, Intercede is pleased to provide details of additional  contract wins that further underscore the Group's improving order intake momentum as it enters the new financial year:

·      An upsell to an existing large US Federal Agency of new perpetual licences for MyID CMS, including support and maintenance, totalling c$3.6m;

·      An upsell to an existing UK Government Department of new perpetual licences for MyID CMS and associated support and maintenance, totalling c$0.1m;

·      A renewal of support and maintenance for an existing MyID CMS deployment in a large US Federal Agency, totalling c$0.1m.

These orders, totalling c$3.8m, have been received via the Group's partners.

Klaas van der Leest, CEO, commented:

"As outlined in our updates on 17 March and 9 April, FY26 revenues were impacted by procurement delays rather than lost opportunities. Today's update further reinforces our confidence that these opportunities were deferred, not lost, as our pipeline continues to convert.

The scale of upsell activity with existing US Federal and UK Government customers is particularly encouraging, providing a strong start to FY27 and strengthening confidence in the Group's ability to continue to deliver while remaining mindful of the current global environment".

ENQUIRIES

Intercede Group plc	Tel. + 44 (0)1455 558111
Klaas van der Leest	CEO
Nitil Patel	CFO
Cavendish Capital Markets Limited	Tel. + 44 (0)20 7220 0500
Marc Milmo/Fergus Sullivan/Trisyia Jamaludin	Corporate Finance
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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