Contract Orders and Renewals

Intercede, the leading cybersecurity software company specialising in digital identities, today announces further contract orders and renewals, of more than, in aggregate, $1.9m in value.

Intercede is pleased to confirm the following orders and renewals:

• a large MFA renewal for a significant educational establishment in the Middle East with an associated enhanced subscription licence order of 2,000 to take the full deployment to 19,000, all together worth c$0.15m per annum;
• enhanced professional services order, of more than $0.1m, to assist in ongoing operational support for a prominent Federal Transportation Agency;
• a support and maintenance renewal from a large US aerospace and defence manufacturer totalling c$0.54m;
• a major development order from a systems integrator for a new government end client. The order is for c$0.5m and all deliverables are scheduled within H2 FY25 with licence orders to follow in due course; and
• Department of State (DoS) renewal of support and maintenance for FY26 totalling c$0.4m, and a separate professional services order of c$0.24m.

These orders and renewals, received via our partners, further underpin the Group's revenue for FY25 and contracted revenue backlog for FY26.