Intercede - US Expansion: Company secures E2 Treaty Investor Status & US Sales Alliance
Intercede, the Leicester based supplier of identity and credential management software, announced that it has been approved as a United States Treaty Investor (E2) by the US Embassy in London. The company is now able to send qualified executives and employees who are UK citizens to work for Intercede MyID Inc., subject only to them meeting the requirements appropriate to E2 status. Intercede MyID Inc is a wholly owned subsidiary of the Intercede Group with offices in Reston, VA.
Last week Intercede also announced a US sales alliance with Oxford Computer Group LLC (OCG), a Microsoft Gold Partner for Identity and Security Solutions. They have signed a strategic partnership agreement to deliver PIV solutions to non-Federal organizations.
Furthermore, OCG have also teamed with Gemalto to extend the scope of this market offering to include the supply of smart card and associated components. Gemalto is already an Intercede partner.
The IGP share price has decreased by 6% over the last year.
Intercede Group Plc is currently graded b by LCF Research. To learn more, follow the link.
Filed Under: Technology, Software & Computer Services, Software, Industrials, Aerospace & Defence, Identity, Security, Defence,
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This note was prepared by LCF Research Limited using information provided by the subject company’s management or publically available news sources. No representations are made nor warranties given (express or implied) in relation to accuracy and completeness. This document is not an invitation to invest in the subject company and does not purport to contain all the necessary information that a prospective investor might require. LCF Research Limited recommends prospective investors to conduct their own thorough independent analysis of the subject company and the information contained in this note or referred to above.
Intercede Group plc is a United Kingdom-based holding company. The Company together with its subsidiaries is a developer and supplier of identity and credential management software. The Company’s MyID software manages the secure registration and verification of identities and issuance and lifecycle management of devices and credentials. The MyID identity management platform enables global organizations and governments to create digital identities for employees and citizens on secure devices, such as smartcards, smartphones and tablets. The Company operates in global markets, including the United States, Europe and Middle East and works with international partners, including BT, Gemalto, HP, Microsoft, Oberthur, SafeNet, Symantec and Thales to deliver digital identity solutions that are interoperable with other existing technologies and which are tailored to customer needs. more »
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ShareSoc has today issued a press release on the LTIP award at Intercede Group which announces the formation of a shareholder action group – see www.sharesoc.org/press_releases.html for a copy. This LTIP was in essence an unjustifiable award of nominal cost options, mainly to the Executive Chairman and his wife.