New Contract Awards and Renewals

Intercede Group PLC

25 November 2025

 

25 November 2025

INTERCEDE GROUP plc

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

New Contract awards and Renewals

Intercede, the leading cybersecurity software company specialising in digital identities, today announces the following progress in contract and renewal orders in Q3 FY26, totalling not less than c$4.2m.  These include, but are not limited to, the following:
Licence orders:

·    a large US Federal Government order for MyID CMS, totalling c.$1.5m in licence sales and associated support and maintenance. The order enhances an existing recent deployment which is now evaluating the use of additional devices including USB tokens and FIDO passkeys in addition to PKI;

·    a major licence order of MyID CMS from a systems integrator for a new government end client based in Asia. The order is for c$0.63m with associated multi-year (5.25 years) support and maintenance, together with development and professional services includes a subscription licence order for MyID SecureVault over a 5-year period; and

·    an add-on licence order for MyID CMS, from a major systems integrator partner with an end user client being a government agency in Asia, for c$0.18m including 2-year support and maintenance;

Support and Maintenance renewals and Professional Services extensions:

·    Department of State (DoS) annual renewal of support and maintenance G-IDMS totalling c$1.15m;

·    a two year support and maintenance renewal for a government agency in Asia totalling c$0.19m:

·    a professional services order for c$0.3m to provide SMEs to a significant US Army deployment in the Middle East; and

·    a professional services order of c$0.22m with DoS for the continued maintenance of MyID CMS.

These orders were generated through strategic collaborations, demonstrating the success of our partnership-driven approach and the strength of the Group's broader network.

Klaas van der Leest, CEO, commented:

"In the trading update of 9 October 25, I stated that we remain focused on converting pipeline opportunities as we move into the second half of FY26. Whilst the market is still  experiencing delays in awards,  I am pleased with the performance of the Group and our ability to be in a position to  announce a series of new contract orders together with major renewals from multiple regions."

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	Corporate Finance
Tim Redfern	ECM

About Intercede

Intercede is a cybersecurity software company specialising in digital identities and strong authentication, 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 passkeys 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. In addition to developing and supporting Intercede software, the Group offers professional services and development capabilities as well as managing the world's largest password breach database.

For over 25 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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