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Intercede News
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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