Intercede Share Discussion Threads

[kmacgre] 21/1/2005 12:06

Makes a change. I agree Jailbird, 1 more contract.

[rambutan2] 21/1/2005 11:41

brilliant. having just read through the interim report i was starting to wonder whether the balance sheet would get them through the next 6 months. but the ce is sounding bullish so id expect more to come before too long. perhaps 2005 will be igps step-up year.

[topvest] 21/1/2005 10:29

Surely worth more than 1p on the price!

[jailbird] 21/1/2005 10:15

I think just one more contract like that and they will make a profit

[garth] 21/1/2005 09:56

Good news. At last! :-)

G.

[topvest] 21/1/2005 09:52

Well this is excellent news. Should enable Intercede to reach cash break-even without further funding imo. Re-rating on the way?

[jailbird] 21/1/2005 09:13

Intercede Group PLC
21 January 2005


Intercede Group plc


Intercede's partnership with Gemplus reinforced by significant order

Intercede, a leading provider of smart card and identity management software,
today announces that it has received an order in excess of £0.5m from Gemplus, a
leading provider of smart card solutions, for a major European customer. Since
2003, Intercede and Gemplus have developed a strong partnership built around
Intercede's MyID Smart Card and Identity Management System, as part of Gemplus'
smart card-based corporate ID solution, SafesITe.

'This success demonstrates that our strategy of delivering Intercede's MyID
technology to major customers through channel partners is starting to produce
significant sales revenues. The order reinforces the mutual importance of
Gemplus as an Intercede partner and illustrates that our combined solutions have
matured into a compelling offering to the market,' said Richard Parris, Chairman
and Chief Executive, Intercede Group plc. 'Using MyID with Gemplus smart cards,
readers and middleware, enables organisations to securely identify and
authenticate individuals in a practical and cost-effective manner. We look
forward to working with Gemplus on other smart card projects for customers
around the World'

Gemplus' SafesITe solution incorporates Intercede's MyID to provide a
user-friendly method to deploy and manage smart cards for organisations choosing
to adopt corporate ID cards with Microsoft PKI credentials. The corporate ID
cards can be used to securely access business information and data from the
organisation's PCs, Networks, VPNs and Web resources as well as providing
physical access to offices and buildings.

'Our technical partnership with Intercede has quickly grown into what is now a
fruitful and successful business venture that allows both our companies to
better engage the corporate ID market,' said Olivier Chavrier, Gemplus Director
of Marketing for ID & Security. 'This contract well reflects the growing
interest and escalating need for smart card-based identity solutions in the
enterprise.'

About Intercede
Intercede Group plc is a leading developer and supplier of smart card and
identity management software traded on AIM, a market operated by the London
Stock Exchange (IGP LN) (IGP.L). The Group's MyIDTM software manages the secure
registration, issuance and lifecycle of digital identities for a wide range of
uses. This requires the integration of multiple technologies and products from
many different vendors, including smart cards, biometrics, digital certificates
and Open Platform applets.
Intercede's customers cover a range of industries and include Athena Smart Card
Systems, Barclays Bank, BEWAG, Department of Transport Ireland, Fujitsu, Lloyds
TSB, the UK National Health Service (NHS), the Metropolitan Police, PinkRoccade,
Royal Bank of Scotland, Ubizen and various US and UK Government agencies and
departments.

For more information, visit Intercede's home page at
www.intercede.com

[johndee] 01/1/2005 13:58

Is this still a buy?

[kmacgre] 30/12/2004 13:21

jailbird- no forecasts as no broker coverage.

[jailbird] 30/12/2004 12:31

from website..not posted as RNS..

20/12/2004

Intercede's MyID™ Smart Card and Identity Management System chosen for the Irish Tachograph Project

The Irish Department of Transport has awarded Intercede with a contract to supply MyID™ to enable Ireland to comply with European Commission regulations and combat European road safety violations with a smart card based tachograph system.

Lutterworth, Leicestershire, United Kingdom December - 20, 2004 - Intercede, today announces it has been selected by the Irish Department of Transport to provide its MyID smart card and identity management software for the secure enrolment, processing and management of digital tachograph cards.

Intercede's MyID will provide a secure easy-to-use card issuing and management system for the enrolment of up to 100,000 transport professionals, processing of tachograph applications and ongoing management of tachograph smart cards including renewal, replacement and exchange. As part of the contract, MyID will be integrated with the European wide TACHOnet and a number of other third party systems.

The digital tachograph, or personal driver card, has been developed as part of a European road safety project. In 2005, in order to comply with European Commission legislation, it will be mandatory for all Member State's goods and passenger transport vehicles to be equipped with electronic tachographs. Intercede's MyID smart card and identity management system enables the replacement of outdated paper-based tachographs with an efficient, portable smart card that can record activities such as the distance travelled, speed, driving times and rest periods of the driver.

"This contract award proves Intercede's strength in providing high quality software for the Public Sector market. We are committed to providing secure, interoperable and reliable smart card and identity management software to all of our customers and partners in Europe." said Richard Parris, Chairman and CEO of Intercede. "Intercede are confident that the adoption of our technology in Ireland will assist the European Commission with their objectives."


About Intercede
Intercede Group plc is a leading developer and supplier of smart card and identity management software listed on the London Stock Exchange (IGP LN) (IGP.L). The Group's MyID™ software manages the secure registration, issuance and lifecycle of digital identities for a wide range of uses. This requires the integration of multiple technologies and products from many different vendors, including smart cards, biometrics, digital certificates and Open Platform applets.

Intercede's customers cover a range of industries and include Barclays Bank, COLT Telecom, Fujitsu, Lloyds TSB, the UK National Health Service (NHS), Pink Roccade, Royal Bank of Scotland, Ubizen and various US and UK Government agencies and departments

[jailbird] 30/12/2004 12:18

guys,

are there any forecasts around for this company?

[kmacgre] 30/12/2004 09:52

Thank you Maywillow. Well spotted.

[topvest] 23/12/2004 19:02

Yes, very good news imo. Presumably, they wouldn't buy any if the company was at serious risk of running out of cash. Things are looking up. Just need the Execs to buy as well, to make this a very bullish signal.

Intercede Group plc

Director share dealings

Intercede Group plc was informed on 23 December 2004 that the following
directors had purchased ordinary shares of 1p each in the company on that day.

Name of No. of shares % of issued Price Enlarged % of issued
director purchased share capital shareholding share capital

Royston
Hoggarth 39,240 0.12% 18p 130,010 0.38%
Jurek 16,239 0.05% 18p 70,726 0.21%
Sikorski

[kmacgre] 23/12/2004 15:39

Directors buying today!!
Topvest - your words have been heeded.

[kmacgre] 22/12/2004 14:22

Nice but short Computerwire coverage of the Axalto deal which I found on Yahoo.

[rambutan2] 21/12/2004 12:32

agree with above.
quite upbeat but cash/time running a bit tight.

[topvest] 20/12/2004 21:39

Awful H1 results, but.......

things seem to be picking up with tenders.......and

this statement......"The majority of these orders have now been received and the Company is on track to show revenue growth for the year as a whole."

implies that H2 will be in profit!

At the end of the day, new technology businesses don't grow "straight line". The statements were very bullish imo. This has been a "jam tomorrow" stock for a while, but I get the feeling that when material sales do arrive, the quantum may take us by surprise. Happy to hold.

Does seem to be some risk on cash though. Net current assets are virtually nil. They need debtors turned into cash in the next 9m or they will be running out.

Some director buying would help the price I feel.

[waldron] 20/12/2004 10:16

LONDON (AFX) - Intercede Group PLC said its pretax loss in the first half to
Sept 30 2004 widened to 558,000 stg from a loss of 269,000 stg a year earlier as
sales dropped 39 pct to 535,000 stg.
Chairman Richard Parris was optimistic about the outlook however. In a
statement alongside the figures he said that, after an extended period of
depressed expenditure in the IT sector, there is clear evidence that an
increasing number of organisations are allocating budgets to identity management
and smart card projects.
"I believe that Intercede has the contracts and the channels to market, to
deliver a strong finish to the 2004/05 financial year and to continue the trend
towards profitability and rapid revenue growth."
He said the company has continued to make excellent progress towards its
strategic goal of becoming a major global developer of software for the smart
card and identity management market.
Business activity with customers and partners in the last six months has
been building rapidly and the number of invitations to tender for projects
worldwide has exceeded expectations.
He explained that revenues in the first half fell because a number of
anticipated orders slipped into the second half of the year. The majority of
these orders have now been received and the company is on track to show revenue
growth for the year as a whole, he said.
[e-mail]
slm/

[kmacgre] 20/12/2004 10:08

Quote from above:

"Against this background of measurable commercial progress, it is disappointing
to report that sales revenues in the first half are, nevertheless, depressed
compared to the prior year. This is because a number of anticipated orders
slipped into the second half of the year. The majority of these orders have now
been received and the Company is on track to show revenue growth for the year as
a whole."

I for one, would like to have greater detail on these orders and their values. This is not the first time we have been told of great things about to appear, just to see a bunch of V.C's grab a few million additional ahares at 7 p each in return for clearly insufficient new funds.

However, if the little guy does speak with integrity, then he is saying that H2 will break even. I like the new customers and in some respects the future is looking rosier. I do however remain extremely suspicious.

[waldron] 20/12/2004 08:07

LONDON (AFX) - Intercede Group PLC six months to September 30 2004
Sales - 535,000 stg vs 878,000
Pretax loss - 558,000 stg vs loss 269,000
Loss per share - 1.1 pence vs LPS 0.8

vjt/

[topvest] 17/12/2004 20:12

Next week for some results?

[kmacgre] 10/12/2004 13:54

Better be good. I want to see H1 well past 1 million.