Source - LSE Regulatory
RNS Number : 8590T
Intercede Group PLC
26 June 2024
 

26 June 2024



INTERCEDE GROUP plc

('Intercede', the 'Company' or the 'Group')

Partnership with Carahsoft Technology Corp

 

Intercede, the leading cybersecurity software company specialising in digital identities, today announces a partnership with Carahsoft Technology Corp to Make Digital Identity Cybersecurity Solutions available to the Public Sector in the US.

Under the agreement, Carahsoft will serve as Intercede's Master Government Aggregator®, making Intercede's products available to the Public Sector through Carahsoft's reseller partners and NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions - Software 2 (ITES-SW2) and OMNIA Partners contracts.

Through this partnership, Intercede will provide its MyID Multi-Factor Authentication (MFA) and MyID Password Security Management (PSM) solutions to the Public Sector. The MyID MFA offers a comprehensive range of secure, cost-effective and simple-to-deploy MFA options tailored meet the evolving organizational requirements of the Government. Additionally, Intercede's MyID PSM features a uniquely extensive, regularly updated database of breached credentials sourced from the dark web. This database facilitates continuous monitoring for compromised passwords and offers users prompt feedback to validate password changes and reduce help-desk cost.

Intercede's MyID MFA solution, including support for FIDO Passkeys, enables agencies to enhance security and protect themselves against prevalent vulnerabilities, thus overcoming deployment challenges. It offers a wide range of authentication options that balance security with ease of use and protect cloud, on-premise and Windows desktop logon. Additionally, with the MyID PSM solution, users can create passwords that adhere to best practice and corporate policies. They also benefit from real-time password change feedback with advice on the length and strength of passwords through its Password Expiry Meter.

 

Klaas van der Leest, CEO of Intercede said:

 

"We are particularly pleased to partner with Carahsoft to further enable Intercede in our strategic plan to expand our product portfolio into key markets of the U.S. With Carahsoft's depth and reach in the Federal, Local Government space and Educational market we look forward to developing and strengthening our new relationship."

 

Craig P. Abod, Carahsoft President said:

 

"Joining forces with Intercede allows us to empower Government agencies with robust, cost-effective and user-friendly security options. Carahsoft and our reseller partners look forward to enhancing the cybersecurity landscape in the U.S., reinforcing our commitment to delivering top-tier technology solutions to our valued customers."

 

Intercede's solutions are available through Carahsoft's SEWP V contracts NNG15SC03B and NNG15SC27B, ITES-SW2 Contract W52P1J-20-D-0042 and OMNIA Partners Contract #R191902. For more information, contact the Carahsoft team at (888) 662-2724 or Intercede@carahsoft.com.

 

ENQUIRIES

Intercede Group plc

Tel. + 44 (0)1455 558111

Klaas van der Leest

CEO

Nitil Patel

CFO

 

 

Cavendish Capital Markets Limited

Tel. + 44 (0)20 7220 0500

Simon Hicks/Fergus Sullivan

Corporate Finance

Tim Redfern/Ondraya Swanson

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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