– UK – Intercede Group plc announces that Jurek Sikorski is retiring by rotation from the Intercede Board on 21 May 2014.
Jurek joined the Board on 4 December 2000 and has helped steer the company through all stages of its growth since its listing on AIM in 2001. He is currently Chairman of the Audit Committee and a member of the Remuneration and Nomination Committees.
The Board wishes to record its thanks and appreciation to Jurek for his professionalism and dedication throughout this period. His valuable contributions and wise counsel have helped Intercede both grow revenues and deliver significant shareholder value during his period of office.
Intercede Group is also pleased to announce the appointment of Ben Drury as an independent non-executive director, with immediate effect.
Ben, 38, is currently Chief Executive of 7digital. He co-founded 7digital in 2004 after working at BT as Head of Music.
In 2009, Ben led the sale of 50% of 7digital to HMV Group plc for £7.7m and then in 2012, raised a strategic investment round of $10m from Dolby Laboratories, Inc. and Imagination Technologies plc. Ben is currently working on a reverse takeover of UBC Media plc that will give 7digital an AIM listing.
As of March 2014, 7digital employs 110 people in London, San Francisco, Luxembourg and New Zealand and has grown revenues from £240k in 2004 to more than £11m in 2012. 7digital’s customers include Samsung and Blackberry and it is estimated that over 100 million connected devices will ship with 7digital-powered services per year.
Ben graduated from King’s College London with BSc (Hons) Physics with Philosophy of Science. He is an active angel investor and has served as Deputy Chairman of the Entertainment Retailers Association (ERA) and on the board of the Official UK Charts Company. Ben also acts as an advisor to the Entrepreneur First Program.
Welcoming Ben to the Board, Chairman Richard Parris said: “I am delighted that Ben has agreed to join the Intercede Board. Ben’s knowledge of consumer markets, online media, digital rights management and the licensing of mobility software platforms into industry majors is highly relevant, as it will assist the Board in most effectively shaping our business strategies in the consumer smartphone security market.
Ben Drury said: “It is a pleasure to join the Intercede Board. I admire both the company’s management team and the technology that Intercede has developed. Significant growth is expected for security technology that protects digital content on mobile devices and I look forward to assisting Intercede in exploiting its potential around the globe.”
Intercede is a software company specializing in identity and credential management with a global team of experts located in the US and UK.
Intercede’s MyID software enables organizations to create and use trusted digital identities for employees, citizens and machines. This allows secure access to services, facilities, information and networks.
MyID meets the highest government standards yet is simple enough to be deployed onto consumer devices such as smart phones and tablets. Critically, MyID provides an easy, convenient and secure alternative to passwords.
Millions of identities are managed using MyID and Intercede has provided identity verification and management services to global customers for more than 20 years. MyID is a commercial off the shelf software product, designed and developed to be configurable so it can be embedded as the cornerstone of cyber security infrastructure for governments and corporations.
Customers trusting Intercede for secure digital identity include the US and UK governments and some of the world’s largest corporations, telecommunications providers and information technology partners.
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