Intercede Group plc : Intercede Partners with KABEST during UKTI Trade Mission to Moscow Intercede Product

Security-focused reseller to take Intercede MyID into Russian market

London, UK, November 28, 2012: Intercede (LON:IGP), the producer of MyID, a world-leader in identity and credential management systems, has signed a partnership agreement with KABEST, a dedicated security division within Asteros Group during the UKTI's Trade Mission to Moscow. Under the partnership, KABEST will resell Intercede's MyID solution in Russia as part of its high-end IT and security systems proposition for the government and public sector, extending Intercede's reach globally. 

Intercede was introduced to KABEST by the UKTI. The company signed an agreement with KABEST at the UKTI and CBI mid-sized business Trade Mission to Russia - an initiative aimed at helping UK-based companies make contacts and obtain market intelligence to facilitate business growth in Russia.  

Trade and Investment Minister Lord Green said: "Russia is our fastest growing major export market and, with 140 million consumers looking for quality British products and services, it offers great opportunities for British businesses. Important steps such as Russia's accession to the World Trade Organisation are making it easier for British firms to do business there."

Reflecting on the partnership agreement, Richard Parris, CEO of Intercede, said: "KABEST's business is a good strategic fit for Intercede as we continue to expand our footprint across the globe. This year, KABEST has delivered a number of complex projects for Mil Moscow Helicopter Plant, TVEL, Chepetsky Mechanical Plant, NCCP, MegaFon, Kazkommerzbank and Unicredit among other clients, mirroring our sector expertise working with government and public sector organizations. We look forward to a long and fruitful partnership with them."

Ivan Burdelo, Technical Director at KABEST, added: "We were really impressed with Intercede's MyID solution. We can see many applications for it including physical and logical access, mobile credential management and national ID schemes, and it fits perfectly within our product portfolio."

John Cridland, Director General, CBI, said: "Mid-size businesses like Intercede are vital to driving economic recovery. For many firms, growth depends on exporting more. This Trade Mission will help companies access opportunities in Russia's fast growing economy."

Lord Green concluded:  "Intercede is a great example of a successful UK exporter, continuing to develop and generate sales from overseas markets. The government views the role of small and medium size enterprises as critical to spurring an export-lead UK economic recovery through innovation and entrepreneurship."

Intercede is a security software provider whose MyID identity management platform enables global organizations and governments to create trusted digital identities for employees and citizens on secure devices such as smart cards, smartphones and tablets. MyID enables the protection of intellectual property, assets and digital content, delivering trusted digital identities as the cornerstone of cyber security strategies for government, defense, financial services and other industries.

The Company operates in global markets (including the US, Europe and Middle East) and works with large international partners including BT, Gemalto, HP, Microsoft, Oberthur, SafeNet, Symantec and Thales to deliver flexible digital identity solutions that are interoperable with other existing technologies and tailored to customer needs.

Corporations such as Boeing, Booz Allen Hamilton and Lockheed Martin, and governments including the US, UK and Kuwait, trust Intercede's expertise to deliver effective solutions. The Company's technology achievements reflect an investment of 300 plus man years of development, exemplary speed of deployment and adherence to international standards including FIPS 201, where MyID was the first electronic personalization product to obtain GSA approval. This trust is reflected in Intercede's rate of repeat business with its customers, which typically runs at 70-80% of annual revenues.

Intercede has been developing identity management systems since 1992 and MyID is currently deployed by end customers in 24 countries. The Company is headquartered in the UK, listed on the London Stock Exchange (AIM: IGP) and is ISO 9001 and TickIT certified. For more information visit www.intercede.com

KABEST LLC. was founded in 1999 and today holds strong positions on the Russian information technology and security systems market. The company carries out unique hi-end projects in IT and security systems implementation for the government and public sector. The company is a member of the Asteros group - a leading Russian systems integrator.

KABEST specializes in the delivery of integrated IT and security systems for the government sector. The company designs, develops, implements and supports IT systems of any level and complexity. KABEST employees possess wide-ranging expertise in information technology, engineering solutions, integrated security systems and data-loss prevention in automated and telecommunication systems.

KABEST's key clients include governmental and commercial structures, as well as enterprises and organizations in the defense industry.

The company has all the necessary state licenses and certificates required to perform design, engineering and installation activities within the territory of the Russian Federation. It is also licensed by the Federal Security Service of Russia (FSB) and Federal Service for Technology and Export Control of Russia (FSTEC) to work with classified government information, state secrets and to supply data-protection services.

KABEST employs a Quality Management System certified as conforming to ISO 9001:2008 and All-Union State (GOST) standards and Security Management System (ISO/IEC 27001:2006) (ISO/IEC 27001:2005).