Intercede Share Discussion Threads

[kent_paul] 05/9/2008 19:18

please turn the light off when you leave the building doodly

[igoe104] 01/9/2008 13:23

I expect this share price to pick up in the autumn, as markets settle and traders come back, this company has a very positive future.

[howdydoda] 01/9/2008 13:00

Ta very much chuck.

[igoe104] 01/9/2008 12:30

And ireland as well.

[igoe104] 01/9/2008 12:21

Latest id card news.

[howdydoda] 31/8/2008 22:10

Agree. We have seen the bottom.

[jailbird] 31/8/2008 21:20

just wondering about the costs of employing these potential new 20 employees.

i reckon if i use the previous increase in wages..we are talking in the region
of £750k - £1M..

anyone agree with that figure...I think with profitably mentioned in the recent
local paper articles, then they must be expecting some decent increase in revenues.

[cyprussteve] 31/8/2008 16:26

There seems to me to be a lot going for this Company - I believe it is in a growth market, good recent trading update, plus recent Director Buys - ( Chairman now holds over 17% ) - and appointment of a Global Sales Director for the first time - ( they wouldn't be doing that for fun, I reckon ).
Regards
Steve

[howdydoda] 29/8/2008 18:13

Please refrain from being boring kent.

[kent_paul] 29/8/2008 14:06

sell the rally doodly

[237gmoney] 28/8/2008 11:22

Nice find igoe.

[howdydoda] 28/8/2008 08:39

Moving on up.

[igoe104] 28/8/2008 08:35

Biometrics in the Retail Sector
Biometric technology analyses biological data such as fingerprint verification and iris, hand, face and voice recognition in order to identify a particular person.

By Vin Bange


It is commonly used in the context of ID systems, including state ID cards systems and other systems that monitor the location, habits and behaviour of data subjects. The use of biometrics in relation to the proposed introduction of an Identity Card in the UK has been widely debated and is thus a familiar concept to many.

However, biometric technology is attracting interest from the retail sector, a recent example being the use of biometrics to tackle internal fraud by employees. Retailers trading under the Budgens and Costcutter brands have been reported to have recently introduced a biometric system. The pilot scheme is aimed at saving stores an estimated £10,000 each per year by avoiding payroll losses related to staff inappropriately entering time for one another. Whilst security guards and specific technologies exist to minimise customer fraud, such measures are neither targeted towards, nor effective against, crimes perpetrated by staff. Traditional methods designed to reduce employee fraud include the use of standard or binary keys, magnetic cards or buttons and codes on point of sale devices to identify the staff on duty. However, it is argued that these strategies fail to eliminate the risk of keys and cards being replicated or swapped amongst members of staff, or to prevent such practices as 'buddy punching' (where staff clock in for their absent friends) - unlike biometric technology which exploits fingerprints and other biological information that is unique to each person. The technology may also be used to protect access to restricted areas, in addition to identifying which cashiers and other staff are working when and where - information that is particularly useful in larger stores where the turnover of staff is particularly high.

Customer-facing biometric solutions may also have an important role to play in the future of retail, with huge potential advantages to consumers. Not only could the cost savings from fraud reduction initiatives associated with cheques, credit and debit cards be passed onto consumers, but biometric technology could even become a competitive differentiator for retailers if used to make the shopping experience more convenient. For example, biometrics may replace cards and pin numbers at the point of sale, and could also play a role in stores' loyalty schemes by scanning a consumer's fingerprint and matching it with other pieces of data on record, such as a name and spending habits.

Despite the obvious advantages to using biometrics, retailers face a number of challenges before they can implement the technology - not least the initial investment that is required in order to integrate IT systems to make them capable of supporting the technology. Retailers should also be aware of the privacy issues aired by consumer groups, whose concerns traditionally have centred around such questions as how information that is collected will be used, and where it will be stored. However, it seems that the success of the technology is likely to depend on how it is ultimately presented to consumers; although the majority of consumers are already members of loyalty schemes, research suggests that many are not aware that biometrics do little more than the current systems that match a magnetic strip with customer names and other similar data.

Retailers must also be alive to the fact that any such scheme that collects information relating to or identifying an individual will inevitably be stored on a database and therefore caught by the Data Protection Act 1998 ("DPA"). As such, retailers will have to comply with the requirements of the DPA, which governs how information must be treated, how long it can be retained for and requires appropriate security measures to be in place to safeguard it. In addition, the retailer, as the data controller responsible for complying with the DPA, must ensure that the information collected (including biometric data such as fingerprints) is actually needed. The interpretation of the DPA would no doubt go further, as would the Information Commissioner, in questioning whether the use of fingerprints is proportionate to the purposes for which it is collected. This would mean justifying why fingerprint technology is appropriate in the circumstances and why other, less intrusive, methods would not suffice.

Vin Bange is an Associate and data privacy law expert

[carlos panda] 28/8/2008 08:27

"We're one of only two COUNTRIES in the world doing this sort of thing."

So - the secret plan for world domination... IGP to declare independence in Lutterworth, avoid all tax and permit RP to issue a royal warrant?

Keep up the good work chaps.

[igoe104] 28/8/2008 08:16

IGP COULD SOON BE EXPANDING 50%.


WINNING CONTRACTS IS BOOSTING JOB PROSPECTS
Be the first reader to comment on this story
BY GARY MITCHELL
DEPUTY BUSINESS EDITOR

10:30 - 27 August 2008



A hi-tech IT firm says it will create 20 jobs thanks to major new contracts.

Intercede has just agreed deals for identity recognition systems with US and UK governments.

The Lutterworth firm, which employs 40 people, said a clutch of other deals it has in the pipeline meant it would soon need to boost its workforce by 50 per cent to drive the business forward.



Intercede develops and supplies smart card and identity management systems which control access to different parts of a building.

In the summer, it announced it had secured contracts for its ID recognition technology from two US federal agencies, a US military base, a large US state, a UK Government department and an Australian public sector organisation.

Bosses said the orders were leading to further discussions with other governments.

Its largest 10 contracts had the potential to generate total sales of at least £15 million over the next five years.

Chairman and chief executive Richard Parris said he was "delighted" that the company was expanding on the back of recent contracts and was optimistic about securing further high-value contracts in the near future.

He said: "We have more contracts in the pipeline - that's really one of the reasons for our expansion now, with the new business that we know is coming down the line.

"We employ 40 now and I am anticipating that will rise to 60 in the next two years. That's significant growth for us and these are high-calibre jobs.

"We're one of only two countries in the world doing this sort of thing."

Among the first of the appointments is global sales director, Jon Shamah.

Mr Shamah previously worked in high-profile roles for military technology manufacturers including Thales and McDonnell Information Systems.

He said: "The appointment of Jon reflects the strong growth ambitions of Intercede and the broadening global sales pipeline that we now need to manage effectively.

"We are always on the look-out for highly-skilled individuals to help Intercede keep pace with its growth.

"Being one of the largest specialist IT and technical employers in the region, it is always a challenge to fulfil the demand, but our success so far is testament to the talent that we have discovered to date."

[howdydoda] 27/8/2008 15:04

Someone sells 5000 and price goes up. You know what that means. Buyer in background buying in larger chunks (20,000) when MM's are able to fill order. More buys to be booked at end of day.

[howdydoda] 27/8/2008 11:47

Yes, congrats to Richard Parris for making another positive statement. He and the rest of the Intercede team deserve success.

Of course, now it's back on its way up, you can't buy any stock such is the liquidity!! Not even 5000 shares.

[aphrodites] 27/8/2008 11:14

Well done Mr Parish for putting your money behind your company.

I would like to see all your directors following suit but with the present credit squeeze they might not find their banks so accommodating!!!

Let us hope that the company broker is at last doing its job properly and has uncovered who has been the seller in the market. If it has and knows the selling is complete then we might see a steady rise again.

If not it will be interesting to see if the share price rises again whether the seller will be up to his same old tricks.

[237gmoney] 27/8/2008 11:12

Mr Parris buying stock again???

possible sign of a start of a MBO? or just to show he cares.....

[mdchand] 27/8/2008 10:46

howdy - it would appear that Mr Parish also agrees with you :-)

[howdydoda] 27/8/2008 09:55

Going to put my balls on the line and say the worst is behind us.

[237gmoney] 27/8/2008 08:59

At this price there has to be a buyer in the wings....the MM's will get caught out at this price IMO....but then they wont let the shares go cheaply....we could see another 50% rise one of these days if theres a contract win. MM's will want to take advantage of any good news and this share will jump to the early 30's on very little trade.....the RSA contract is a strong possible in the next 4 weeks.....the rise over the last two days could be because of this....

also news on the TWIC project - seems like its building up speed....