Intercede Share Discussion Threads

[rambutan2] 26/1/2006 11:00

yump, i suspect that at present most are much keener to top up rather than sell.

[yump] 26/1/2006 10:57

Interesting that although the price must have nearly doubled for a fair few holders from that 15p bottom, there's been very little selling on each price hike. Nice to be in a share with longer termers !

[rambutan2] 26/1/2006 10:54

i was about to try and do a small top up and the price jumped!

when i was just searching for the nomad in the annual report i noticed that last year turnover from the states was v small and even well down from 2004. prompted me to think that there must be plenty of room for improvement on that front by end of this year. which prompted me into thinking about a small top up as price had dropped to 31p today. but rns beat me to it!

[wjccghcc] 26/1/2006 10:46

Here's more news on the Verisign deal. Reading the Verisign press release, it's clear they believe that integrated logical and physical access via smart cards is the way forward for 2 layer authentication (password + token). Probably won't contribute much until H2 2006 but I must say IGP seem to be doing a good job tying up the US market.


Further re OEM Agreement

RNS Number:4790X
Intercede Group PLC
26 January 2006


Intercede Group plc


VeriSign to Enhance its Unified Authentication Platform for Governments and
Enterprises Worldwide Based on OEM Agreement with Intercede


Intercede MyID to provide deep product integration between VeriSign's Unified
Authentication platform and best-of-breed smart card and PKI management
components


Lutterworth, England, January 26, 2006 - Further to Intercede's announcement on
12 December 2005 concerning an OEM licensing contract with VeriSign, Inc.,
VeriSign has announced it will enhance its strong authentication service with
the introduction of VeriSign Unified Authentication - Smart Cards in the second
quarter of 2006. This extension to the Unified Authentication platform is based
on an OEM agreement with Intercede Group plc, a leading developer of smart card
and identity management software. As part of this agreement, VeriSign licenses
MyID technology from Intercede that will allow the company to provide a complete
authentication solution by extending VeriSign's strong authentication platform
with tightly integrated smart cards and PKI components.


The full VeriSign press release is attached.

[rambutan2] 26/1/2006 10:25

they got their man on the board. i think they one of the original backers. would have been nice and cheap - perhaps just those warrants as payment.

[wjccghcc] 26/1/2006 10:23

Yup you're right. They appear in the list of corporate clients on the KBC Peel Hunt website. Anyone a client who has access to their research?

Interestingly, it was Credo Corporate Finance that did the placing in 2003.

[rambutan2] 26/1/2006 10:14

here it is, confirmation of above...

but note that even then, no name or contact number for kbc.

[rambutan2] 26/1/2006 10:03

kbc peel hunt is what i'd jotted down. although dont know where i got it from as not in annual report etc as far as i can see.

[rambutan2] 26/1/2006 09:57

just double checking. back in a tick...

[wjccghcc] 26/1/2006 09:51

Thanks rambutan. I saw a forecast for 2.5mm sales for y/e March but didn't know where it came from. Anyone know who their nomad is?

[rambutan2] 26/1/2006 09:45

wj, i was told that a note was issued by their nomad/broker at the time of the finals.

[wjccghcc] 26/1/2006 08:45

For normal contracts, they're paid on a per license basis. Clearly this means most of the revenue is upfront when the bulk of the IDs are issued although many of the schemes start with a pilot and build up over time. There are additional revenues as new people cycle into the scheme on an ongoing basis plus support and maintenance revenues which aren't very significant at the moment but will also build as more contracts are implemented.

The RSA deal guarantees them $2mm over 3 years, so clearly they'll only get extra revenue if minimum license targets are exceeded.

Not sure how the Verisign deal will work. It appears that a customised version of MyID will be used for the Verisign Unified Authentication and Managed PKI service. IGP will get a % of Verisign's service revenues.

There's no house broker AFAIK. But if you look at the growth in revenues (although clearly lumpy) and work out the operational gearing, you can see the potential IMHO.

[integer] 25/1/2006 22:10

Hmmm interesting.....

IGP licence revenue - if they sell licenses are they one off or annual and the customer (Verisign, RSA etc) needs to renew? Just trying to get an idea of recurring revenue...

Also, anyone got a copy of the house broker note?

Cheers,

Integer

quote AT open DOT port995 DOT com

[rambutan2] 22/1/2006 01:23

re rbs (not sure whether relevant or not, but did make me look at their trustassured service which uses edifice)...

[wjccghcc] 20/1/2006 08:26

Actually that article is about UCLH which is outside the NHS IT framework. Gemplus have the IT contract for the the NHS and IGP actually provide MyID as the basis for the Gemplus Safesite Corporate products. The NHS will clearly have different requirements but you never know ...

Having said that, it looks as if IDX have extended their EPR system to do it - I think the smart card requirements are too simplistic for the advantages of MyID - i.e. only used for record access.

[rambutan2] 20/1/2006 01:28

looks as though someone else (GE) odds on to get the job. although nhs are down as an igp customer..


and ot, but a lovely rant against govt waste of taxpayer's money...


info source:


relevant rsa bit of kit to keep an eye on...

[wjccghcc] 19/1/2006 14:42

Well IGP do quite a bit with the Met Police and they've just done the British Library so their UK credentials are well-known. I guess it depends on the NHS requirements as to whether MyID would be suitable.

[rambutan2] 19/1/2006 13:06

i read a piece in the ft the other day about the world's biggest civil technology project ie the nhs's £6.2bn information technology programme. of course, the main worry is security. but richard granger, the progs director is said to have been fervant about security. access to the system comes via smart card and password, with different levels of access. you can guess what crossed my mind! anyone heard anything?

[igoe104] 19/1/2006 12:04

its just the case of the public, knowing the full cost of a id card. as soon as that established. don,t see much problems.
the good thing about, being a holder of this company, you always fancy a rns, at any time. so many partners, and ventures going on. which is great for aim companies , keeps the interest going.

anyway looking too make a quick buck, buy gfm. news coming within a few weeks, should be 15% to 40%. rise in the share price. i,ve dipped into my overdraft to have a 5k daddle. (i,ve already have a large holding in the company already).

[yump] 17/1/2006 09:57

Don't know why people get worked up about id cards, they should be worrying about the search click histories that are being recorded by the search companies and the fact that in the US, the Patriot act allows the gov. to examine records, without the commercial company having to tell anyone. Also many tos of ISP's and search companies basically say that they can provide your details to anyone if they deem it is 'in the public interest' or something like that. So you just have to trust them! While people are getting civil libertyish about id cards, it will be something else that bites them in the ....imo. eg. spyware.

[pyman] 17/1/2006 07:59

id card turned down by lords for the 3rd time. govt pressing ahead anyway- democracy great eh? STill gove quite right IMHO.

[rambutan2] 12/1/2006 12:38

spooky stuff!

[spooky] 12/1/2006 12:28

Jailbird - I don't want to go into too much detail but no i did not use a limit.

[jailbird] 12/1/2006 12:20

well spooks..

have been holding for over a year now but not as much as you guys..