New Orders

Intercede, the leading cybersecurity software company specialising in digital identities, is pleased to announce that the Group has secured the following new orders:

• New customer in the UK with a large aerospace and defence integrator, servicing a new deployment within HM Government, for MyID CMS with associated options for future product and licence expansion;
• New technology client for MyID CMS in the Middle East; and
• Enhanced professional services order to an existing client in the US federal space to assess and assist in a future deployment of MyID CMS.

These orders, with an aggregate contract value in excess of £0.6m, underpin the Group's revenue for FY24 and creates contracted revenue backlog for FY25.

Klaas van der Leest, CEO, commented:

"It is particularly pleasing to announce further traction through our partners in the UK and Middle East, especially the former which has been long in development. The Group has hit the ground running for Q4 and momentum is being maintained in to FY25 and beyond. Our pipeline continues to develop in line with our expectations".