Intercede Share Discussion Threads

[ronjr2] 23/10/2007 09:28

Along with Vanguard ID Data Group hold EXCLUSIVE rights to Teslin, and it is streets ahead of any other material that any of their competitors have access to.
(just to wind poor jb up)

[wjccghcc] 23/10/2007 08:47

Thanks rambutan. It highlights the difference between Actividentity and IGP. Activ wants to be a one-stop shop providing the CMS/IDMS, middleware and hardware (tokens in this case) - they're sitting on a large pile of dotcom cash and feel they have to be big to justify it. IGP realise there's no way they can compete with the big fish as a one-stop provider and have gone the OEM route aiming for excellence in the CMS/IDMS area and supporting may be 50 partners worldwide. Hence, IGP has 98% margins which (if revenues keep growing at 20%+) will lead to some fantastic operational gearing once the investment in new staff levels off.

[rambutan2] 23/10/2007 08:38

just keeping an eye on the opposition...

[wjccghcc] 22/10/2007 22:33

This is interesting. In a comment on the US-Visit program from FCW:

"McCaul added that there is a lot of interest in Congress on secure identification cards. He pointed to a host of bills requiring technically advanced identifications such as H.R. 98, which calls for the Social Security Administration to produce cards with encrypted machine-readable electronic identification strips and an electronic eligibility database with citizenship and resident work status that employers could check potential employees against."

RSA and IGP are part of the team equipping SSA employees with HSPD-12 cards.

[jailbird] 22/10/2007 16:42

IDD, doubt it!!

[straykeely] 22/10/2007 16:32

The choice of actual card manufacturers will be pretty wide I would have thought, and not restricted to listed companies, Thames etc come to mind. The probable gainers in that field would most certainly be a manufacturer that would be able to put the basic and even more complex IT on the card during manufacture, IDD or someone like that? Am sure nothing has been set in stone as yet though, or they would be shouting it from the rooftops.

[jailbird] 22/10/2007 16:07

nice and all three are supported with myID.


Personally i would be very surprised if we not involved in this project.

When i we expected to hear about the smart card manufactuere involvemtn/bidding o wonder.

after mar2008 sometime i expect.

[wjccghcc] 22/10/2007 15:51

Yup, the list above is for systems integrators. Oberthur are one of the big 3 smart card manufacturers - Oberthur, Gemalto and Giesecke & Devrient. As such, I'm sure they'll be part of various bidding consortia.

[jailbird] 22/10/2007 15:45

could this also beon the cards with oberthur...with re to the above announcement.

oberthur are card manufacturer are they?

[wjccghcc] 20/10/2007 11:00

IGP have also worked with Fujitsu and EDS.

However, the structure of the ID program is such that the government can mandate certain suppliers they want used irrespective of which systems integrator/bidding team is chosen.

[igoe104] 20/10/2007 09:11

BIDDERS for the uk national id card.


BAE Systems Plc, Electronic Data Systems Corp. International Business Machines Corp.
Accenture Ltd., Fujitsu Ltd., Computer Sciences Corp., Groupe Steria SCA Thales



I know ibm and thales would be good for igp.

[wjccghcc] 19/10/2007 21:41

Interesting article on the harmonisation of the US federal ID programs:

Standardizing a wilderness of IDs

By William Jackson

The federal government is producing a variety of identification documents for its own employees, critical infrastructure workers and international travelers. But some lawmakers are concerned about the cost of the overlapping programs and the threat to privacy posed by the technology they use.

During a hearing yesterday on Capitol Hill, Rep. Edolphus Towns (D-N.Y.), chairman of the House Government Reform and Oversight subcommittee on Government Management, Organization and Procurement, questioned the need for multiple formats and technologies for IDs.

He noted that the Homeland Security Department alone has three different programs issuing cards to frequent border crossers. In addition to the Trusted Worker Identification Credential for workers in secure areas of sea and airports, there also is the Personal Identity Verification card mandated in Homeland Security Presidential Directive 12 for federal workers and new smart driver's licenses mandated by the Real ID Act.

Towns also walked a fine line on the controversial issue of a national ID card. "There are a lot of reasons not to have a national ID card, but what I think we do need are some common standards, so that an airport screener or police officer can easily tell whether an ID is legitimate," he said.

One step in this direction is an enhanced driver's license being developed by Washington state and Vermont in cooperation with DHS. The licenses would be used by citizens re-entering the United States from Canada, Mexico and the Caribbean. The enhanced cards would require extra screening and would contain a radio frequency identification chip that could be read at a distance at border crossings to provide a unique identifier tied to database containing detailed information and biometric data.

But the new card could conflict with federal requirements of the Real ID Act. Bonnie Rutledge, Vermont motor vehicle commissioner, said she hoped the enhanced card would meet new driver's license requirements but that under currently proposed rules for the licenses, it does not.

Agency officials testifying before the subcommittee said the multiple programs actually are helping make sense of an even more confusing credential environment that exists today, in which more than 8,000 types of documents can be used by travelers entering the country, and U.S. agencies have multiple badging programs.

David Temoshok, director at the General Service Administration's Office of Governmentwide Policy, said the single PIV standard would reduce the cost of agencies' multiple badging programs and GSA was helping ease the cost of transition by providing managed issuance services for 67 agencies responsible for badging about half of the civilian federal workforce. He said GSA was deploying PIV enrollment stations nationwide and aimed to have cards issued to 800,000 workers by October 2008.

Most of the new documents being issued or under development are smart cards that use integrated circuit chips to store, process and transmit information. Kathleen Kraninger, director of the newly established DHS Office of Screening Coordination, said the technology decisions for ID documents are driven by business cases and dismissed concerns that RFID technology used in many cards and in new e-passports could be used to track individuals. People already can be tracked by sight and by observing licenses numbers on cars, she said.

[aphrodites] 19/10/2007 12:22

Thanks Garth.

[garth] 19/10/2007 12:18

Aphro,

I posted O/T to WJ that Brewin had published a strong buy note on DYS.

Hope that helps clear it up.

G.

[rambutan2] 19/10/2007 11:47

aphro, you had me all excited for a minute - although the lack of trading volume was a worry!

[aphrodites] 19/10/2007 10:56

rambutan

I am sorry I must have made an error. I could have sworn someone here said Brewin's had published a buy recommendation.

I have looked back and cannot find it.

It must be one of my other shares.

[rambutan2] 19/10/2007 10:36

buy reco?

when?

[aphrodites] 19/10/2007 10:28

Is anyone a client of Brewin Dolphin who published the buy recommendation?

If so can you publish it here or fax it to me?

Many thanks.

[igoe104] 18/10/2007 22:13

Latest on the real id project.

The Real ID Act requires all states to develop a National ID card that will store personal data and be readable by electronic scanner by December 2009. Card readers will communicate with a gargantuan federal database that will store whatever data the federal government deems necessary, and track our activities whenever we use the ID card

[igoe104] 18/10/2007 22:04

Big growth in the smart card sector.


According to market experts at IMS Research, by 2010 more than six billion smart cards will be in use worldwide with 50 per cent of those deployed in Asia, and around 3.5 billion will be sold each year. In addition IMS Research predicts that the market to 2010 will be increasingly driven by the Asia Pacific region with the need to install more secure, complex applications on smart cards, increasingly supported by local suppliers

[wjccghcc] 18/10/2007 10:39

The RSA HSPD-12 contract for the Social Security Admin was for about $10 per card for the CMS/IDMS and the Middleware. So for HSPD-12, I'd estimate $8 for the CMS/IDMS portion, which must be split between the OEM partner and IGP.

The cost of TWIC cards is quite a bit higher ($132 vs $80-90) so hopefully some of that will feed through to RSA/IGP. In any case, the work is pretty much done now from IGP's perspective (I suspect H1 costs may be higher to reflect this) so it should all drop through to the bottom line, depending on when they get paid. As you say, perhaps more important in the long-term is the annuity stream which should be about 20% of the initial license cost. With 1 mm cards by the end of 2008 and assuming $5 initial revenue per card, that's £500k p.a. recurring revenue.

[237gmoney] 18/10/2007 09:20

Hopefully igoe as this project will transform the company into a much bigger player. at $132.50 a pop, the cards are not cheap. Current estimates are 1m cards but they expect more. so IF IGP was to get say only $5 a card, a conservative estimate I think, thats $5m or £2.5m over the next year. Costs will be minimal as all the production line is in place so the profit margin will be substantial.....If they get more than the $5 a card (its possible) then you start to see potential. also this is a minimum of 5 years so recurring revenues will continue.......

So an RNS for this project should shake things up a bit with the share price.

[igoe104] 18/10/2007 08:50

Twic project kicks off next tuesday.



I wonder if we will have a RNS to come with it ?

[237gmoney] 18/10/2007 08:30

Cant be long now that this seller will be gone. still holding the price back so hopefully the next RNS will see him gone and the price can start to rise.....

we need another big buyer though so the Brokers better be on the case

[jailbird] 18/10/2007 08:07

i see another 'X' trade went thru - 75k..looks like there just has been
a seller but the shares found a home..i am hoping this moves up after they have finally done, if not already.