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2 US government contracts for Intercede expected to ‘significantly’ lift 2024
Jan. 3, 2024, 6:41 p.m. | Jim Nash
Biometric Update www.biometricupdate.com
UK digital credential security firm Intercede says it has sold a $1 million software license to a new, unnamed buyer in the U.S. intelligence community. The agency also bought an annual software subscription valued at $200,000.
Intercede's enterprise software is intended to prevent user credentials being compromised. This deal and a somewhat larger sale announced last month will push revenue "significantly" above market expectation for fiscal 2024, which ends in March, according to the company.
The market forecast stands …
agency biometrics biometrics news biometrics stocks community compromised contracts credential credentials deal digital enterprise enterprise software financial results government government contracts government purchasing government services intelligence intelligence community intercede license security software stocks subscription user credentials u.s. government
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