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First Orders Received from VeriSign under OEM Contract in Fulfillment of HSPD-12 Orders from US Federal Government Customers

Intercede is pleased to inform the market that the first orders have been received from VeriSign, Inc., under the OEM contract with Intercede which was announced on 12 December 2005. These orders relate to the sale of VeriSign’s integrated PIV Card Management System to the US Department of Education and a further Executive Department. VeriSign’s integrated PIV Card Management System is powered by MyID.


Intercede Chief Executive, Richard Parris, said: “These orders, following soon after previously announced selections of MyID powered solutions by a significant Executive Branch Department, the US Environmental Protection Agency, the Federal Trade Commission and the Federal Housing Finance Board, firmly establish Intercede as the market leader in Personal Identification Verification (PIV) Identity and Card Management Systems (CMS).

Click on the following address to view VeriSign’s own press release on the US Department of Education award.
http://www.verisign.com/press_releases/pr/page_039953.html

About HSPD-12
HSPD-12 is one of the most important and high profile security directives of recent years. It required, firstly, the creation of an official federal standard (FIPS-201) for Personal Identity Verification (PIV), which would prescribe technologies and processes for the effective vetting and access control of all federal employees and contractors. The second requirement of HSPD-12 was for every US Federal Agency to have implemented a PIV solution by October 27, 2006, with all employees and contractors required to have a personal FIPS-201 compliant, smart card based, PIV identity card one year later. Each of these cards will be issued and managed using a management system such as MyID.

All HSPD-12 solutions must by mandate only incorporate products that have been exhaustively tested against by the US General Services Administration (GSA), and included in the GSA’s Approved Product List for PIV products. Intercede announced on 4 October 2006 that it had become the first product in its category to achieve this coveted status.

It is estimated that almost 8 million identity cards will be issued under this programme. Industry analysts Stanford Group estimate the total value of the programme to be worth approximately US$1.3 billion.

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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 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 works with a number of market leading OEM, re-seller and technology partners that supply MyID technology including: Athena Smartcard Solutions, Gemalto, RSA Security, SafeNet, Thales, VeriSign and a variety of systems integrators and other security product and service providers.

Intercede and MyID are registered trademarks or trademarks in the UK, US and/or other countries.

Enquiries:

Intercede
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director
Tel. +44 (0)1455 558111

Pelham Public Relations
Archie Berens
Tel. +44 (0)20 7743 6679

Kate Catchpole
Tel: + 44 (0)7803 033 43

 

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