Intercede Share Discussion Threads

[margotdd] 26/9/2007 10:52

When a certain company, which I also hold, report on Friday, the share price for IGP will follow them upwards, if they are good. Has always happened in the past.
Consencus is that they will be favourable, at least.

[wjccghcc] 24/9/2007 22:15

Looks like TWIC getting under way for H2 although I suspect the majority of revenues are more likely to kick in next year.

From FCW:

"The Homeland Security Department's agencies responsible for the Transportation Worker Identity Credential (TWIC) now expect to begin biometric enrollment for the permits by October, according to a senior department official.

The program to provide biometric credentials to workers at ports workers and other transport hubs has reeled from multiple delays and cost overruns over the past four years, partly because of disputes over biometric technologies. Additional problems arose in assuring that card readers could survive the harsh working environments at ports and on ships.

The path to activating the biometric features of the TWIC program now has been smoothed by the recent release of technical specifications that describe security features and other aspects of equipment related to the identity cards.

DHS planners expect that the TWIC program eventually will enroll about 770,000 people, each of whom will receive biometric credentials or "tokens" after they complete a background check. The workers themselves will pay for the credentials, at an estimated cost of just under $140.

The Transportation Security Administration and U.S. Coast Guard, the two DHS agencies most involved with TWIC, jointly issued the specifications for card readers and associated software.

The specifications include a contactless non-proprietary radio frequency identification system, interoperability with Federal Information Processing Standards (FIPS) 201-1 credentialing specifications, reader transmission speeds and flexibility to adapt the system to technology upgrades. The system will use encryption, including private keys, to protect individual privacy and bolster system security.

The new specifications call for the card reader systems to verify users' signatures. The specifications also recommend that the card reader systems provide a biometric "liveness" detection feature, which is the ability to determine whether a fingerprint comes from an individual or a replica of a fingerprint. The specification does not require that the cards and readers rely on personal ID numbers as a security feature.

The cards and associated technology are intended to combat terrorism at ports, airports, and other secure transportation sites hubs. TWIC identity cards are to be used by a wide range of transportation personnel, including airport and port workers, truck drivers, and seamen.

The TWIC permits are intended to will replace the multiple identity cards currently used by various categories of transportation workers. In some cases, truck drivers and other employees now are required to use several types of credentials to enter ports and other facilities that have adopted varying technologies for access control.

Transportation workers who already have TWIC cards that now function as "flash passes" could begin enrollment under the new biometric specifications as early October, DHS said. Paul A. Schneider, DHS' undersecretary for management told the House Homeland Security Committee that the department plans to release a detailed enrollment schedule shortly.

The specifications, issued Sept. 18, are available for review. The agency plans to use the TWIC site to update the technical specifications as they may be modified in the future.

The National Maritime Security Advisory Committee worked with TSA officials and other stakeholders to develop an initial version of the specifications earlier this year. "

[igoe104] 24/9/2007 13:47

myid press release.

[wjccghcc] 23/9/2007 22:45

As far as I know, yup.

[rambutan2] 23/9/2007 21:37

wjcc, thanks for that.

so, igp kit is a part of rbs trustassured? which they offer as a service to clients?

[wjccghcc] 21/9/2007 11:22

rambutan, I think you mean this from 2003 (Identrus is the old name for Identrust). AFAIK, the bank referred to is RBS.

"In September, we announced that a major UK Clearing Bank had signed a contract to use Intercede's edefice smart card and identity management system to manage the issuance of Identrus enabled smart cards and associated digital certificates to selected customers. Under this contract, edefice will be integrated with both
a third-party smart card bureau and a third-party managed service provider to provide a highly scalable and robust smart card deployment platform. This Bank is an important new addition to our customer list and a valuable reference site which was won by Intercede after fierce competition from a number of international industry majors. Our success was based on the overall strength of our technology and the high quality of our service delivery."

[237gmoney] 21/9/2007 09:57

Ram, Cant remember any mention of Identrust but I could be wrong, if I am its another one to add to the list of projects I mentioned earlier.

AP, I guess you may well be right, and the placing buyer is drip feeding the market making a small profit with each trade, but we all know that one piece of news like a HSPD12 contract will make this share price jump 10-15p+ and while IGP have mentioned in their results/trading statements that they are involved in FRAC & TWIC, they have not formally mentioned that they have contracts yet for these projects.

Therefore, when they do mention they have a concrete contract with some value for these two projects the buyers will flock back to this share quicker than the MM's can press the buttons on the computer and the placing buyer will be as good as cleared out. October-March is usally a good time for AIM stocks and with the UKID project a strong possiblity that IGP will have some involvement, the next 12 months we will all be in profit. I hope anyway.

Hopefully IGP get another bonus contract from this Hirsh jv which the gig is on at the moment...

[rambutan2] 21/9/2007 01:12

i'm sure i've seen igp connected with identrust but can't remember when or how, in any case i'm sure this piece illustrates something!

[rambutan2] 20/9/2007 22:24

interesting theory aphrodites,

current share price action does seem a bit odd when, as 237g highlights, both the short and longer term news outlook appears pretty rosy.

[aphrodites] 20/9/2007 16:03

jailbird

My gut feel is it is one and the same.

I would prefer not to name who it is but I wouldn't mind betting it was an institution which bought stock at the 33p placing!!!!!!!!!

[jailbird] 20/9/2007 15:22

ap,

makes sense with such an illiquid share as this one..
any large holder can drip feeds tiny amounts as there are no large buyers at present.

So do we have a seller and a buyer,or one of the same? to keep it where it is
and
who do reckon it is then>?

[aphrodites] 20/9/2007 15:17

237

Someone, and I think Ie know who, is playing games keeping a lid on the share price.

There is hardly any institutional interest as you cannot buy any size.

No demand means a sizeable holder can sit on the share price offering a few to the MM's; and there are only two, while at the same time working with one MM to buy any cheap stock which comes on offer.

This will only change when we get another large institution on the scene which wants stock and is prepared to buy 500k and pay up 7p+ for the size.

[igoe104] 20/9/2007 13:52

yes gmoney your right. i think its the case of The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient, with this stock. holders will be well rewarded, but they will have to wait, 18 months or so, to have big returns.
PS its a great opportunity to top up, if anyone has funds available.

[237gmoney] 20/9/2007 12:55

Seems quite a few things are going on at the moment....IGP now works with Oracle, Gemalto set up PKI with Microsoft, new RSA card manager, Hirsh now ramping up their game for security access, Thales new licence agreement, TWIC, FRAC, HSPD-12, NHS Trust single sign on with Gemalto and invectiva (or something like that)......and thats not too mention the deals IGP have with Verisign, etc.....

Yet the MM's still mark this down?!?!?!? when all of this kicks off the Mkt Cap will be more than double what it is now yet it seems none of this is priced in?

[igoe104] 20/9/2007 11:21

just up on the web site.

[237gmoney] 20/9/2007 08:28

And they mark it down again???? Really are giving these away or is there something there not telling us??? with the £0.5m on top of all the other stuff, we should be close to making a profit for H1 and with the contracts in the pipeline 2008 should be a stellar year for IGP so why do they keep dropping the price???

[johndee] 19/9/2007 21:58

looking very good...............

[taurusthebear] 19/9/2007 14:45

The price action here is really just a game, as it is so illiquid that the price responds to few trades. People sell because they are bored, and why not. The real price action will happen when revenue news comes. The likelihood of that news being good, and being sprung when people least expect it, seems quite high at this point. In the absence of bad news, IGP, like IND, has become a bottom drawer stock for me. :0)

[wjccghcc] 19/9/2007 14:32

They haven't marked it down - just widened the spread back to its usual 3p. Sometimes a buy trade will prompt a MM to do that.

[237gmoney] 19/9/2007 14:19

Cant believe the ftse is up 172 points and they mark this down on two buy trades esp after the news that came out yesterday....RSA updateing their card manager is a big thing with IGP on board, next year will be a very busy year for IGP yet MM's seem to want blood before they start pushing this up again....

When the contracts start paying up, UKID kicks of, IGP will look very cheap at todays price. Spread now 3p....do MM's not want any trade???

[rambutan2] 18/9/2007 23:52

yes, reads as exciting news to me.

[igoe104] 18/9/2007 20:09

when YOU LOOK AT THE DEALS, that are going to kick in over the next 18 months. the current market cap looks peanuts, at the moment. its just a matter of time before we have that pot of gold at the end of the rainbow.

[wjccghcc] 18/9/2007 18:30

Thanks igoe, it's on the IGP website too and is actually hugely significant IMHO.

The expanded RSA Card Manager now moves from being mainly about managing smart cards to becoming a central platform for managing all secure authentication for RSA products including RSA SecurID 2-factor authentication (of which there are 30mm users with RSA as one of the global leaders). Clearly not every user of SecurID will immediately use RSA Card Manager but it's likely to be high on their agenda if/when they upgrade their security/identity management if they're using PKI applications.

It seems that RSA has moved in a similar direction to Thales making MyID the centre of all their ID management products going forward. The RSA 3 year licence period for MyID has a year to run so there may not be an extra fee for this expansion but it will make next year pretty interesting.

[igoe104] 18/9/2007 17:51

RSA SECURITY IN THE NEWS.

[igoe104] 17/9/2007 10:16

NOT long before the twic project kicks off.

Small business owners on Molokai may soon have to cough up $137.25 per employee if they want to get their goods off of the Young Brothers barges, says Young Brothers vice president for administration Bruce McEwan.

Transportation Security Administration regulations delayed since this spring because of implementation concerns voiced by the international shipping community should be phased into effect by Homeland Security and the U.S. Coast Guard, starting with the eastern seaboard of the mainland this fall and trickling through to Hawaiian ports by next year, at the discretion of the Coast Guard-appointed captain of the ports of Hawaii.

Young Brothers and other similar, secure but lenient facilities governed by the U.S. will be implementing a card system similar to those issued for airport workers. Referred to by its acronym, TWIC, the transportation worker's identification card requires applicants to submit biographical information, a background check, fingerprints and at least one form of identification, preferably a passport. The system requires that the applicant physically go to a to-be-designated office for a digital photograph, which will be embedded on the card with the applicants fingerprint. The card must then be displayed while its owner is in the secured area of the port.

While the measure seems sensible from an identification standpoint, its practical implementation is a challenge. Young Brothers, consumers and business owners who regularly use the barge system will pay high per-employee costs. Additionally, those who employ temporary workers would have to hire only individuals already owning the card or pay for existing workers to get the identification.

McEwan, who specializes in Young Brothers policy on this matter, says that to create a special, less-secure area is beyond their facilities capabilities, given space consideration, and that a TWIC card holder cannot supervise his own employees as a team.

"The facility operator has the responsibility for escorting those without TWIC status to their shipment," he said. "And then observing them as they remove their goods. I don't think that, as a practical matter, marine facilities are going to have a bunch of escorts waiting around to supervise these people."

The U.S. Coast Guard has no comment about the matter at this time, but promises to discuss specific implementation procedures at Kaunakakai Port in the near future. Lt. Commander Ann B. DeYoung did suggest that, "there are a lot of ways to define a facility's layout to organize a secure area and one not requiring enforcement."

The issue was most recently raised by local shop owners at the Young Brothers barge rescheduling hearing held two weeks ago. Rising per employee costs in the short term could make air freight competitive even for bulk goods, though long term savings on barge services should ultimately out run the competition.