3rd Jul 2025 07:00
3 July 2025
INTERCEDE GROUP plc
('Intercede', the 'Company' or the 'Group')
Momentum being maintained with New Contract Orders and Renewals
Intercede, the leading cybersecurity software company specialising in digital identities, is pleased to announce continued progress with an update on recent contract and renewal orders worth c$1.5m in aggregate.
These include the following in Q1FY26:
· a US Federal Government Agency order for MyID CMS, totalling c$0.5m in licence sales and associated support and maintenance, enhancing further licence purchases in a recent large deployment;
· a US Federal Government Agency order for MyID CMS, totalling c$0.1m in licence sales and associated support and maintenance, enhancing further licence purchases in an established large deployment;
· a new top-up licence order for MyID CMS of c$0.4m from a large existing US Defence and Aerospace manufacturer;
· a MyID CMS renewal for a US Defence and Aerospace manufacturer, totalling c$0.2m;
· a MyID CMS renewal for an intelligence community agency in the US, totalling c$0.2m;
· a professional services order of c$0.1m, for an existing POC client in the US federal space to prepare the groundwork for a future device deployment of MyID CMS.
These orders, all received via our partners, continues the Group's momentum from FY25 into FY26 as stated in our Preliminary Results released on 24 June 2025.
Klaas van der Leest, CEO, commented:
"As mentioned in the Preliminary Results for FY25, the Group has a strong, geo-diversified pipeline and we aim to convert and expand the pipeline during the year. It is encouraging to see further traction in the US Federal and Defence Supplier market, underlying the resilience, relevance and strength of our offering".
ENQUIRIES
Intercede Group plc | Tel. + 44 (0)1455 558111 |
Klaas van der Leest | CEO |
Nitil Patel | CFO |
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Cavendish Capital Markets Limited | Tel. + 44 (0)20 7220 0500 |
Marc Milmo/Fergus Sullivan | Corporate Finance |
Tim Redfern/Jamie Anderson | 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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