Intercede Share Discussion Threads

[rambutan2] 07/10/2015 18:07

That's more like it! And hopefully no more stalling rev in the future. Of note is the first Citrix related sale, as I know management have hopes that this channel will be a fruitful one...

Trading Update

We are pleased to report that Intercede has achieved strong revenue growth during the first half of the financial year. This is in line with expectations and reflects continued progress with existing customers and a number of new contract wins.

First half revenues increased by more than 35% compared to the previous year from GBP4.0 million to approximately GBP5.5 million. An enlarged sales and marketing team continues to drive business expansion and during the period we have secured an enterprise-wide contract with one of the largest US healthcare corporations, sold our mobile derived credential solution to a major US Federal Agency, signed a new agreement with a US West Coast bank and made our first sale following the announcement of the Partner Agreement with Citrix on 13 May 2015.

As previously announced, we continue to invest in the recruitment and training of specialist technical professionals to ensure we remain scalable in a fast growing market. The size of the team has grown by approaching 10% year on year.

The new contracts will all yield further revenues during the current year and beyond. The strong start to the year provides a solid base to meet market expectations for the year.

[rambutan2] 22/9/2015 15:18

Re NIST report (post 3654), a recent radio interview explains...

[rambutan2] 18/9/2015 02:51

Noted, recent partner Good ( ) are being acquired by Blackberry...

[rambutan2] 16/9/2015 01:12

For ref (For the past few months, we’ve had the pleasure of working alongside the National Institute of Standards and Technology (NIST) and Microsoft to co-author a report that promotes the use of Derived Personal Identity Verification (PIV) Credentials for multi-factor mobile authentication.)



Public comments on above were allowed until 24 August. Not sure what, if anything, happens next.

[rambutan2] 30/8/2015 02:45

Lutterworth UK, 27 August 2015: Today, leading Trusted Application Management (TAM) service provider Intercede and Korean security platform provider Solacia, announce a strategic collaboration in a bid to improve the industry’s approach to securing the Internet of Things (IoT). Intercede’s MyTAM Trusted Application Manager (TAM) will become fully interoperable with SecuriTEE, Solacia’s Trusted Execution Environment (TEE). The combination of both technologies will usher in the world’s first multi-TEE Trusted Application Management service for an increasingly mobile and internet-connected world...

[rambutan2] 21/8/2015 00:36

Working with Intel (IPT is its TEE tech ie equiv of ARM's TrustZone)...

[looby loo] 23/7/2015 14:16

rambutan2. Good Trustonic research, thanks.


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MyID Identity Agent rollout getting underway:

[rambutan2] 22/7/2015 13:20

Noticed this in note 8 of the ARM results out today. Nothing on Trustonic's site or a quick google to say of change, but I assume it's G&D who have sold out, leaving ARM and Gemalto as 50/50 partners...

In 2012 the Group invested £7.5 million ($12 million) in a joint venture, Trustonic Limited, with a further investment during 2013 amounting to £3.7 million (€4.4 million), maintaining a 40% shareholding. The other two joint venture parties each owned 30% of the joint venture. With the establishment of industry standards and demand for security enhanced services, the focus of Trustonic is to accelerate the wide deployment of secure, smart devices.

The joint venture was reorganised in May 2015 such that the shareholding of one party has been acquired by the other two joint venture members. The joint venture is now controlled and owned equally by ARM and one other party, both with 50% shareholdings as at 30 June 2015. The reorganisation generated goodwill of £1.4 million which is included in the Group's investment carrying value below of £2.2 million.

[looby loo] 21/7/2015 22:59

CEO Richard Parris interviewed by Proactive Investors
21 July 2015

Intercede to be key player in the battle for digital trust:

[raysor] 15/7/2015 14:17

Couple of articles (one full page) in today's FT on Cyber (In)security

[molatovkid] 14/7/2015 11:51

Good interview....all looking good.

Got my attention about everyone one day needing a digital identity....makes sense in these days of the Internet of Things and one day maybe, driverless cars etc.

[rambutan2] 09/7/2015 16:13

Interview with Richard Parry on Proactive...

[molatovkid] 08/7/2015 17:39

US under a cyber attack it would appear....bad news ( lets hope it leads to no casualties) for them but potentially good news for Intercedes business

[molatovkid] 07/7/2015 08:11

hxxp://www.directorstalkinterviews.com/intercede-group-plc-101-1-potential-upside-indicated-by-finncap/412669489

[molatovkid] 06/7/2015 09:54

At these levels and with some strong volume, this could explode into life methinks....

[felix99] 06/7/2015 08:55

that how it works Molatov. buy and sell when you can not when you want on this one. I got plenty I can let you have but not at these prices

[molatovkid] 06/7/2015 08:49

stock thin on the ground....taken ages to get just a few thousand

[tradermel] 06/7/2015 07:46

Dammit another good reading RNS from a company where the share price is not reflecting and I'm going to have to choose which .... lol choices choices

[yorkiemike] 04/6/2015 23:50

Hopefully, the massive data breach being reported tonight in the US will help to encourage those in charge of budgets to loosen the purse strings a bit, to the benefit of IGP and other cyber security related stocks.

[felix99] 02/6/2015 12:03

I think they can switch off investment anytime and make profit but if you look at the cash they have staffed up considerably over last few years yet the cash balances are still good . Profit is just down to timing of contracts and lumpy but cashflow is king and that has been steady over last few years despite a lot of investment in people

I was quite encouraged by the update actually eventhough it is well down price wise. Seems to be to be a lot of new profit streams to build on the existing in the coming year with the new aerospace contract when that kicks in plus all the other stuff they have won lately. 31 March 2016 year looks like with a fair wind it could be rather good.

[yump] 02/6/2015 10:27

I keep looking at this, but can't decide whether the market is one that will constantly be looking for new functions to fix new problems and therefore IGP will be caught in a cycle of being just about to make reliable profits, when they are faced with more costs of new product development and more costs of selling something different.

Given that they've been selling the MyID system for years now, to high profile and large organisations, (which used to sound very promising) it doesn't seem to have generated much profit.

So is the business model capable of throwing off recurring profit for less effort at some point ? Its quite difficult to assess.

[felix99] 01/6/2015 14:50

all these deals should be gathering momentum - big question is how much money will it generate for them and when !

[looby loo] 01/6/2015 13:40

Mobile Authentication with Derived Credentials

[rambutan2] 19/5/2015 08:19

Another one for MyTAM...

Interpay's use of MyTAM is the largest deployment in the mainstream m-commerce sector since the product's launch in February, and also marks Intercede's expansion into the APAC market. Intercede CEO Richard Parris said: "Interpay's selection of Intercede to secure its financial services platform demonstrates Intercede's growing reputation as a leading security provider with a fully international reach. Intercede is fast becoming the first choice for companies looking to ensure end-to-end security on Android and is now allowing developers from all regions and a range of sectors to deploy highly secure applications.

"The APAC market is one of huge potential for Intercede. Its highly advanced m-commerce sector provides the perfect platform for widescale MyTAM usage to ensure customers using these services are fully protected from hackers and malware."

Calvin Kim, CEO at Interpay, added: "Security is of the utmost importance in the m-commerce sector. The mobile financial technology industry is on a trajectory of astounding growth and it is vital that as this continues there are measures in place to ensure customers are not plagued by security fears. By partnering with Intercede we can utilise the advanced capabilities of the Trustonic TEE thereby giving our customers confidence that sensitive data passing through the Interpay platform is fully protected."

"By working with Intercede, we can combine their strength in the US and Europe with our reach in APAC; opening up global opportunities for both companies.