Published On: 24. November 2022| Categories: Investor Relations| 2 min read| 401 words|

InterCard GmbH and IntraKey become SECANDA Systems AG

InterCard AG Informationssysteme has become SECANDA AG (stock exchange symbol SC8).

Now our subsidiaries InterCard GmbH Kartensysteme and IntraKey technologies AG are merging to become SECANDA Systems AG. For this purpose, InterCard GmbH Kartensysteme is to be converted into SECANDA Systems AG before the end of this year. IntraKey will then be merged into SECANDA Systems AG in spring 2023.

In future, SECANDA Systems AG will combine the systems and markets of both companies and express its market-leading position in Germany under the new SECANDA brand. The company will become the largest and most profitable subsidiary of the listed SECANDA AG. With around 90 employees, mainly at the Villingen-Schwenningen and Dresden locations, as well as in numerous local branches. And with a turnover of around 13 million euros.

SECANDA Systems AG bundles our core activities in Germany. As the clear market leader in the area of universities and student unions with a market share of over 80%. And as an innovation driver for the new employee ID card, the new hospital card or the new ID-based university card via app. For our target markets CORPORATE, CARE, CAMPUS and PUBLIC.

InterCard stands for payment and billing based on identification via chip card and app as well as for the new SECANDA system with the centrally managed ID for each user. IntraKey stands for access, time recording and SharedBoxes such as public lockers or public bicycle garages based on identification via chip card and app. Both companies have been jointly offering total solutions since the takeover 15 years ago.

The merger stands for further growth with a common name and centrally controlled sales. With the further integration of IntraKey’s access and security systems into the SECANDA system, SECANDA Systems AG can offer an increasingly perfectly coordinated overall system based on the personal ID and thus the next generation of employee, student or patient ID cards as well as the multifunctional citizen card.

Internationally, SECANDA AG is the market leader in the higher education market in Switzerland, especially with its subsidiary Polyright, and has recently been represented by its own subsidiary in Spain.

In the beginning, there is SECANDA. With the new system SECANDA. With SECANDA Systems AG as the new market leader in Germany. With SECANDA Systems S.L., our important development location in Valencia and new sales location for the Iberian Peninsula. And last but not least, with our great teams and companies together in SECANDA AG.

IR Contact

Stefan Thoma
SECANDA AG
Marienstrasse 10
D-78054 Villingen-Schwenningen

Disclaimer for forward-looking statements

The documents provided on this website contain statements related to our future business and financial per­for­mance and future events or developments involving SECANDA Group that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward- looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of SECANDA’s management, of which many are beyond SECANDA’s control. These are subject to a number of risks, uncertainties and factors, including, but not limited to, those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Annual Report and in the Half-year Financial Report, which should be read in conjunction with the Annual Report. Should one or more of these risks or uncertainties materialize, events of force majeure, such as pandemics, occur or should decisions, assessments or requirements of regulatory authorities deviate from our expectations, or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of SECANDA may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. SECANDA neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of de­ve­lop­ments which differ from those anticipated.

All documents are available as an English translation; in the event of discrepancies, the German version of the document takes precedence over the English translation. For technical reasons, there may be discrepancies between the accounting documents contained in this document and those published due to legal requirements.

The documents provided on this website contain statements related to our future business and financial performance and future events or developments involving SECANDA Group that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning.

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We may also make forward- looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward- looking statements. Such statements are based on the current expectations and certain assumptions of SECANDA’s management, of which many are beyond SECANDA’s control. These are subject to a number of risks, uncertainties and factors, including, but not limited to, those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Annual Report and in the Half-year Financial Report, which should be read in conjunction with the Annual Report. Should one or more of these risks or uncertainties materialize, events of force majeure, such as pandemics, occur or should decisions, assessments or requirements of regulatory authorities deviate from our expectations, or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of SECANDA may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. SECANDA neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.

All documents are available as an English translation; in the event of discrepancies, the German version of the document takes precedence over the English translation. For technical reasons, there may be discrepancies between the accounting documents contained in this document and those published due to legal requirements.

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