Innovision Research&technology Share Discussion Threads

[katylied] 22/5/2006 22:17

garth

I have just checked SMRT. There are no accounts since the company listed. Have you the historical revenues (eg. pre-listing accounts from companies house)? If so I would be interested. Incidently, I define a 'Jam Tomorrow' company, as essentially an IP company (ie. one that will gain future income from royalties). INN generates most of its current income from consultancy work. However, the company does have patent applications and some of its developments (if they sell in volume) will generate future royalty income. Admittedly, this 'Jam Tomorrow' label, is just my personal definition. Does SMRT also fit this profile? Companies that do not, are likely to be valued more conservatively on fundamentals...

[garth] 22/5/2006 21:01

Katy,

SMRT for one......less than half the market cap and already profitable. One of INNs partners as well. Good news today though for INN bucking the market trend. Nice of the management to let us know as well

DYOR ;0)

G.

[katylied] 22/5/2006 20:02

If it is CSR, it is long awaited news. As for 'only' £1.5m how many other techie 'Jam Tomorrow' companies (with equiv mktcaps) do you know, that do anywhere near that much revenue? Yes, I have been adding...

[a7009090] 22/5/2006 17:36

Total revenue in 12mths to Mar 05 only £1.5m, so presumably several million $ of revenue over 2 years is big news...any thoughts K'Lied? Are you a holder of INN?

[katylied] 22/5/2006 16:53

Is this the CSR deal?...

[a7009090] 22/5/2006 15:46

Nice news for a wet Monday, hopefully will be front page news on FT tomorrow...well a small mention on page 20 would be nice :-)

[woodrowman] 22/5/2006 15:09

Great to see news that INN's investment in building alliances is bearing fruit - onward & upward!!!

See Mike Wroe's still in the FD's seat; wonder if he's been persuaded by the charm of the new Cirencester HQ location?

[safman] 22/5/2006 14:58

Back in for a few..

Innovision Research Re Contract
RNS Number:3591D
Innovision Research&Technology PLC
22 May 2006



Innovision Research & Technology Plc


New Contract Win


Innovision Research & Technology plc is pleased to announce that it has signed a
significant new contract with a market leading wireless communications company
for the development of an Integrated Circuit (IC) for the Near Field
Communications (NFC) market. This contract comprising development funding,
licence fees and ongoing royalties is expected to be worth several million
dollars to the company over the next two years.


Enquiries
Innovision Research & Technology plc 01285 888200
David Wollen, Chief Executive Officer
Mike Wroe, Finance Director




This information is provided by RNS
The company news service from the London Stock Exchange

END
CNTATMITMMATBBF

saffy..

[aidypiper] 16/5/2006 17:19

1mg hope so lad. Need a quick fix to get over the loss.

[1mg] 15/5/2006 16:21

must be a good buy soon! does anyone no where the bottom is!

aidy stick with it gold at the bottom of this rainbow

[aidypiper] 15/5/2006 13:59

Looking like my holding is reducing in value by the day. Nothing unusual there. Maybe I will be able to average down at 10pence.

[woodrowman] 11/5/2006 09:44

From 22 March 2006...

SAN DIEGO--The transportation segment of Cubic Corporation announced its Tri-Reader 2, the multi-protocol card interface device used in its newest automated fare collection equipment, now supports the latest low-cost Limited Use proximity smart card (Jewel), developed by Innovision Research and Technology LTD in the U.K.

Cubic, in its goal to achieve support for open architectures and customer choice, welcomes Jewel as another extension to Cubic's extensive library of card types already qualified for use with the Tri-Reader. These card types include the MIFARE Classic, MIFARE UltraLight, MIFARE DESFire, the Cubic GO Card(R) and now the Innovision Jewel card. The Tri-Reader processes all cards meeting ISO 14443 standards. Cubic's policy is to thoroughly test and qualify all cards before accepting them for use in order to ensure quality performance for our customers.

Once a new smart card format is added to the list of cards supported by the Tri-Reader 2, Cubic takes measures to ensure that it will function effectively in a public transit environment. Cubic's transit customers benefit from these extra steps taken with the goal of achieving trouble free system operations.

"We are pleased to include the Innovision Jewel device in our list of approved smart media for the more than 50,000 Tri-Reader products that are currently deployed. Limited Use smart cards will be a valuable component in achieving the full spectrum of smart card operations in today's automatic fare collection systems," said Walt Bonneau, corporate vice president of Transit Technology for Cubic Corporation.

The low cost Jewel card fills the need for a convenient low cost ticket type suitable for passengers for whom regular contactless smart cards might not be convenient or cost effective........

Cubic Transportation Systems is the world's largest provider of integrated electronic ticketing systems and has smart card contracts for public transit systems in North America, Europe and Asia. Every year, nearly 10 billion people use Cubic systems in more than 40 major markets in cities on five continents, including London, Washington, D.C., Hong Kong, Chicago, New York, Guangzhou, Shanghai, Atlanta, San Francisco, Singapore and Miami.



Looks like Innovision are steadily building a network of powerful alliances with organisations that can act as demand channels for their products - wonder when the royalties will start flowing?

[garth] 10/5/2006 16:39

Major news ;0)



Wouldn't be surprised to see a dual chip card - one of them Jewel as an initial step?

DYOR

[garth] 08/5/2006 22:59

From the April ITSO newsletter:

Cheshire County Council has recently been
awarded by DfT a two year contract for
Low-cost Smartcard Investigation. It is
expected that low cost or disposable smart
cards will provide the potential for enhanced
flexibility, availability and distribution
opportunities. The proposed card trials will
align with the Cheshire scheme's current
ITSO development and will be fully
researched and evaluated.

The trials will include Chester's successful Park & Ride scheme
(converting paper books of tickets to low cost smart multi-journey tickets).
Chester's Park & Ride is the fourth largest in the UK and operates over
four sites with more than two million passenger journeys year. Other trials
include applications to a Cheshire visitors' pass, home-to-school travel,Chester University and a range of sub-projects with employers' statutory
Travel Plans across Cheshire. The trials will account for up to 20,000 cards
(Mifare Ultralight and Innovision Jewel), using all the small memory IPEs (i.e.
27,28 & 29). The products available to passengers will include a range of
multi-journey options, day rover carnets and period passes, available in a
variety of durations. With Magnadata Cheshire County Council has recently
achieved ITSO certification for the Mifare Ultralight card, and certification for the Innovision Jewel will follow in June.
Helen Mitchell, Travelcard Development Officer for Cheshire County Council,
commented ' The Low-cost Smartcard Investigation will allow Cheshire to
use its strong scheme basis to experiment with and trial other card media in
the ITSO specification, alongside conventional media. The research and
subsequent evaluation will not only play an important role in terms of
Cheshire adopting Low cost cards permanently, but will also provide strong
evidence for other schemes looking to utilise the media.'●

[a7009090] 08/5/2006 10:43

THanks for the link to ElectronicsTalk.

I'm not too bothered if they don't keep issuing RNS's - it's not the directors job to talk up the share price (although I realise some investors don't agree with that!) With this technology, which has been in development for years, there is a real danger of getting investors over excited, who then complain of the company "not delivering" when contracts or revenues don't appear quickly enough. Just a personal opinion, I'm happy to hold shares for years as long as I feel the company will get there in the end - other investors are more impatient than that!

[woodrowman] 04/5/2006 10:06

Over a month old but.........

Innovision Research and Technology has signed a deal with contactless card company, Novacard, to license its award winning Jewel chip. The partnership is a significant move forward in Innovision R and T's bid to expand its global market presence for Limited Use contactless tickets using its Jewel technology - widely regarded as the smallest and lowest cost contactless ticketing chip in the world. The deal has special significance, as Novacard do Brasil, Novacard's South American subsidiary, is one of the top two suppliers of contactless tickets and cards to the Brazilian transport sector.

This means that Innovision R and T will be well positioned to respond to the very latest tenders in Brazil - for example in the capital Brasilia - and the rest of the South American market, and to grow its presence in countries where there is growing demand for large-scale contactless ticketing applications.

'Combining Innovision's superior chip technology with Novacard's expertise in developing and personalising contactless cards - as well as the company's presence in the South American market - will have a profound effect on our ability to market ourselves and respond to tenders in these important markets', explained Trevor Crotch-Harvey, Sales Director for Innovision Research and Technology.

Currently, Novacard - part of the German holding company CardFactory - is the leading supplier of contactless cards with a market share of around 20% in Europe.

The company's CEO Jorg Zilligen, added: 'This is an exciting partnering between Novacard and Innovision'.

'Licensing the Jewel technology will have a significant impact for our card and ticketing applications and help us to grow our market share'.

'At the same time, Innovision will be able to expand its own presence into new markets like Brazil where we already have a good profile among transport operators'.

'We're looking forward to bidding for and winning tenders'.



Clearly, Innovision is making market headway, but is satisfied with letting folk in the industry know, rather than actively communicating with the investment community.

Nevertheless - signs of a sound business and product(s).

[1mg] 02/5/2006 12:57

buy some more aidy and see if you can move the share price!

[aidypiper] 02/5/2006 09:48

1 mg just bourght 4.3k worth at 0.38

[garth] 27/4/2006 12:29

Calypso is widespread:

In 14 countries, more than 40 cities
More than 10 million contactless cards
30 000 terminals in service
In the largest intermodal networks in the world (Paris, Lisbon, ...)



Still believe that SMRT are a better play on this sector though.....

[garth] 27/4/2006 12:25

I emailed them about recent Cubic news that their Jewel compatible reader was now on sale and questioned why that wasn't worthy of some comment by INN. They seemed to struggle to see any reason at all why they ought to be keeping shareholders informed......

Oyster is heading fast towards ITSO compatibility....... (Cubic supply Oyster readers to TfL)

Calypso (the European standard) is in the final throws of ITSO certification....

Plenty happening, IMO. Silence from the company - other than an announcement about Directors picking up shares well below market price.....

[woodrowman] 27/4/2006 10:37

News from 21 Jan...
LONDON (AFX) - Innovision Research & Technology PLC has named David Wollen
as chief executive officer effective Jan 30 2006.
Wollen was until recently the general manager of Mobile Business and
Marketing Director of Renesas Technology Europe and a Director of Hitachi
Microsystems Ltd.
Marc Borrett, the current CEO, who is a founder and major shareholder of the
company, becomes Business Development Director.
Finance director Mike Wroe has announced his intention not to relocate to
Cirencester, which will be the centre of operations in future.
Wroe will be leaving the company by the end of 2006 and a replacement will
be announced in due course.

INN's website still shows Wroe as FD - either he changed his mind & moved, or they're taking their time filling his chair. If the latter, then it can't be helping with the flow of news to investors.
Wollen, the new CEO, should have got his feet under the table by now - c'mon David, let's hear something about how the business is doing!

[woodrowman] 21/4/2006 08:58

RNS Number:7616B
Innovision Research&Technology PLC
20 April 2006


Innovision Research & Technology plc ( the "Company")

Holding in Company

The Company received notification today, that as at 19 April 2006, Man Financial
Limited no longer have a notifiable interest in the ordinary share capital of
the Company. ...............Wonder if Man dumping stock has been the reason for the downward drift?

[a7009090] 07/4/2006 07:49

Madalex: I see RCG is a tip in the IC today, rather puzzlingly on the RCG thread they don't seem happy with this - some people....