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Verisign signs Global OEM Licence for Intercede's MyID™ Software

Lutterworth, England, December 12, 2005 - Intercede Group plc., a leading developer and supplier of powerful smart card and identity management software, today announces that Verisign has signed a licence agreement to incorporate Intercede's MyID(TM)smart card and identity management technology into its Unified Authentication and Managed PKI service portfolio. Under this contract Intercede will be paid to produce a custom version of MyID that will be exclusively integrated with a number of Verisign products and services. This agreement guarantees Intercede a share of Verisign's future services revenues for all services that incorporate the Verisign version of MyID to manage smart cards and other devices.

"Verisign, as one of the leading players in the global IT security services market, is an excellent strategic partner for Intercede. Verisign has the potential to service millions of users with Intercede's MyID smart card technology", said Richard Parris, Chairman and CEO of Intercede. "Verisign's selection of MyID, after a competitive procurement process, is a further significant endorsement of our best of breed technology and we look forward to a long and mutually beneficial relationship".

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(TM)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's customers cover a range of industries and include Athena Smartcard Solutions, Department of Transport Ireland, Fujitsu, Lloyds TSB, the UK National Health Service (NHS), the Metropolitan Police, Getronics/PinkRoccade, RSA Security, Royal Bank of Scotland, Thales, Ubizen and various US and UK Government agencies and departments.

For more information, visit www.intercede.com

For more information:
Tel. +44 (0) 1455 558111
Richard Parris - Chairman & Chief Executive
Andrew Walker - Finance Director

 

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