Intercede Share Discussion Threads

[boadicea] 04/12/2008 10:31

It may take another announcement or two for the message to sink in to the extent of a fundamental revaluation. However, I fully expect that to happen. Just hope it is not all pre-empted by an opportunistic bid before this golden egg hatches.

[pyman] 04/12/2008 10:00

From a merely chartist point of view- this is looking very positive. Id expect a climb to mid 30's in the short term with a little resistance at early 40's .

[jailbird] 04/12/2008 09:33

so they are saying..financially sound.

Our expansion into the Middle East and into the wider national identity market provides Intercede with financial comfort and resilience at a time of macroeconomic uncertainty

[jailbird] 04/12/2008 08:39

WJ,


we know what the H1 results will ..profitable!!

and let not forget in addition to today revenues which will be recognised this year in H2, the trading update will have

We also announced last week a subcontract with Lockheed Martin worth an initial US$1 million, with an advance payment of US$500,000.
This advance payment has been received, but only $46,000 has been recognised within first half sales.


so it looking like a very nice full year! and it is not over yet!

[wjccghcc] 04/12/2008 08:31

$1.8mm is £1.25mm which is over 40% of last year's revenues. Not bad for a couple of contracts...

[billbyrne] 04/12/2008 07:48

Very nice RNS. We should see a positive reaction to the share price
from these contracts. I wonder who the second one is with. IMHO

[jailbird] 03/12/2008 16:12

237,

nah..just working nights for the current period
will be over soon.

[237gmoney] 03/12/2008 09:22

You were up late last night JB....something on your mind...

Looks like Bartronics wont be buying us anytime soon then which is a good thing.



Bartronics India mulls US listing
Date: 02/12/2008
Bartronics India, a Hyderabad-based provider of automatic identification and data capture solutions, said it is contemplating getting listed in the US - either on the Nasdaq or the New York Stock Exchange (NYSE) - as soon as the market situation becomes a little more conducive.

"The listing proposal is not part of any fund-raising exercise. It is from the general investors in the US with whom the company held a meeting recently. The idea is to make the US investors more comfortable in dealing with Bartronics," the company's Managing Director and CEO Sudheer Rao told Business Standard. However, he declined to give any timeline for the listing. At present, foreign institutional investors hold nearly 15 per cent in the company.

The company had earlier thought of taking its US subsidiary, Bartronics America, public and list it on the US bourses. However, with the markets unlikely to recover in the near-term, it is zeroing in on the parent company for the purpose, he added.

Bartronics, which earlier this year announced its plans to acquire a European company engaged in radio frequency identification (RFID) technology and smartcard solutions for approximately Rs 250 crore, has put on hold its plans.

It has also deferred its plans to expand into other geographies due to concerns over the global economic recession.

"Sitting pretty on cash piles of over Rs 55 crore, we are now adopting a cash-conservative strategy with focus on the domestic market. The money would be utilised for working capital requirements including increasing our internal efficiency, productivity and optimisation, rather than entering newer markets. This strategy will be in place at least for the next 12 months," Rao said.

He said the company had not witnessed any backtracking in order from the US as it has 12 clients there in the healthcare, transportation and government and none in the banking, financial services and insurance (BFSI) sector. The company is also not looking at revising its full year guidance of Rs 500 crore revenues, he added.

[jailbird] 02/12/2008 23:24

05Nov08 Manchester and London City airports to trial ID
card
Manchester and London City airports will undertake an 18-month
trial of the cards for staff from next November, in what
represents a considerable climbdown by ministers in the face of
industry opposition.
Travel Weekly
-------------------------------------------------------------

06Nov08 Shops may take ID card biometrics
Supermarkets could be asked to take people's fingerprints as
part of the government's identity card scheme. The Home Office
is talking to retailers and the Post Office about setting up booths
to gather biometric data, such as fingerprints and facial scans.
BBC News

[jailbird] 02/12/2008 23:24

19Aug08 Machines to scan faces of travellers at UK
airports

Thousands of passengers are already being scanned in a trial
being carried out at Manchester and Stansted airports, by new
machines that take photographs of the passengers, which are
then electronically matched against the 2D digital pictures in
their documents to check their identities. If the trials prove
successful, ministers want the machines to replace most front
line airport immigration officers over the next five years. As well
as improving security, ministers hope the computers will cut
passenger congestion. The machines take 13-15 seconds per
passenger, while a human takes 20 seconds. Between eight
million and 10 million biometric passports have been issued since
their introduction in 2006. Non-biometric passports will not be
valid after 2016.
Telegraph

[jailbird] 02/12/2008 10:44

just found this on RCG's website..i thought appropriate to post here
as IGP just annouced a partnership with Cogent



Fingerprinting money
In its third quarter, revenues at biometrics and fingerprint-identification system provider Cogent jumped 56% year over year to $35 million and net income nearly tripled to $12 million. Revenue has been surging due to orders from many of its customers like Morocco and the U.S. Department of Homeland Security, and the company expects to build its 2009 backlog with several significant contracts to be awarded in the next six months.

CAPS members are largely bullish on Cogent, which has been on the rise recently and has outperformed its sector. A recent upgrade by JPMorgan has also boosted shares as the bank's analyst sees strength in the company's government contracts. Even though some governments may be cutting spending, Cogent's products help save agencies money, making it likely that its products will continue to see strong demand.

And with the new Obama administration set to take office in the U.S., many investors view his promises of strengthening defense as a good sign for investors in firms like Cogent. As such, more than 96% of the 548 CAPS members rating Cogent expect it to beat the market.

[237gmoney] 28/11/2008 09:08

Two weeks til results and with the positive trading update on the 6th October there should be some more good news coming our way....

Last year 11th Dec was results day so hopefully around the same time would be nice.....

[boadicea] 25/11/2008 15:06

Dominic Fedronic was elected for a two year term in 2007. Prior to that Actividentity were represented by Robert Brandewie.

[237gmoney] 25/11/2008 14:43

Nice to the trade today was at the top end of the range and the graph looks to have bottomed (early days I know) and we could be on the slow rise back to normallity at 30-35p....

I found it funny that two days after IGP signed up to Global Platform as a full member they annouce the new board members and who is one of the five board members??? Only a guy from our friends AI!!!



Current TWIC stats as at 25/11/08.....nearly at 500,000 cards issued....hopefully before xmas now that all the centres are fully operational again...

Total # Pre-Enrolled:
691,939
Total # Enrolled:
682,670
Total # Cards Issued:
440,747

[237gmoney] 25/11/2008 08:55

Another good tie up lads but we need sales....all this talk of deals, reseller agreements, partnerships but I want to see the colour of the money!!!

Another US deal with the dollar at £1 = $1.5....

[boadicea] 18/11/2008 22:14

jb - An interesting point which may possibly have been an influencing factor in their decision. After all, it helps to have friends and contacts in the right places, i.e. whom you know vs what you know.

[jailbird] 18/11/2008 20:43

i see ActivIdentity is also a member of the globalplatform org

[237gmoney] 18/11/2008 17:50

Also on...





And one of IGP Partners in the news...

[237gmoney] 18/11/2008 17:40

INTERCEDE JOINS GLOBALPLATFORM AS FULL MEMBER

17 November 2008 – Intercede, the producer of the world-leading MyID Identity and Credential Management System, has become the latest company to join international smart card specification body, GlobalPlatform.

As a Full Member of GlobalPlatform, Intercede will take an active role in shaping the association's strategic direction and the development of its industry-leading, open and interoperable specifications for the entire smart card infrastructure. In particular, the company will contribute to GlobalPlatform's current standardization efforts for smart card use in identity and access environments at a time of significant interest in such deployments from both the government and corporate sectors.

Alongside other Full Members, Intercede will enjoy heavily-weighted voting privileges and the opportunity to nominate a representative annually for election to the Board of Directors. The company is also entitled to assign representatives to participate on the GlobalPlatform Advisory Council, its technical committees – card, device and systems – task forces and working groups.

Richard Parris, Chairman and Chief Executive Officer of Intercede, commented: "Our decision to join GlobalPlatform stems from the association's growing relevance to our core areas of operation. The future growth of corporate and government ID programs depends on there being clear leadership from within the industry on key issues like interoperability and standardization. The sharing of market requirements and technical proposals between members in order to achieve these objectives makes GlobalPlatform not just a standards body but also a practical forum that can add value to Intercede's business. GlobalPlatform's structure and the breadth of its membership provide an opportunity for us to add our own voice and learn from other members in a way that can only help the industry as a whole move forward."

Kevin Gillick, Executive Director of GlobalPlatform, adds: "We are already active in the area of defining clearer standards for smart card-based identity management projects. GlobalPlatform Specifications are helping the industry overcome concerns over security and privacy that may have hampered such deployments in the past and capitalize on increasing market demand. Intercede's decision to join as a Full Member casts into focus both its own commitment to developing innovative solutions in this area and GlobalPlatform's ability to harness the combined knowledge of leading companies for the good of the industry as a whole."

For further details on different membership opportunities at GlobalPlatform visit

[rambutan2] 17/11/2008 22:54

WidePoint CTO Daniel Turissini said, "Our approval as the first FiXs-Certified Credential Issuer represents another sector of a growing subscriber market for strong authentication credentials where WidePoint, and its ORC subsidiary, continue to lead.

"We estimate that the FiXs network at maturity will attract more than three million annual subscribers with the need for both physical and logical access into Federal facilities and resources. We believe that this amounts to a total market opportunity of up to approximately $300 million on an annually recurring basis. We expect to see the rollout of this market opportunity develop in early to mid 2008 with expansion continuing over the next three years."

[topvest] 17/11/2008 21:28

Yes, Intercede continues to go from strength to strength.

[pyman] 17/11/2008 09:49

great tie up!

[237gmoney] 17/11/2008 09:00

Nice to see strenght in IGP product and confidence from a new partner even with the AI law suit. I guess they must have grilled mr parris on what will happen with the AI business and were happy with the answer....

There must be a deal in the pipeline with this one as well otherwise why would they bother....

Should be blue today....

[billbyrne] 17/11/2008 08:18

Nice start to the week, I like this bit,

ORC Chief Executive, Dan Turissini said;
"We are working with Intercede's MyID system to deliver secure credentials to the U.S.
Government because it gives ORC a competitive
advantage in supporting our nation's critical infrastructure protection. Using MyID we were
able to deploy, using a single product, a full
end-to-end identity and credentialing system in a fraction of the time and cost compared to
using a more traditional systems integration
approach. Our systems are now in full production and ready to support millions of credentials
in the coming months and years."