Intercede Share Discussion Threads

[rambutan2] 15/2/2006 11:12

wjcc, yes, that looks v interesting i would have thought...

[taurusthebear] 15/2/2006 10:14

Nice one WJCC - there'll be at least one trade reported here today as well, same size as yours, and I've a feeling there'll be another before it, as I tipped these to a relative, and the offer had moved up! Still seems to be some spare stock around, I expect we'll see a big T-trade sell one of these days... :0)

[wjccghcc] 15/2/2006 08:46

Did anyone see this? Looks like Verisign are aiming to be the policeman of the internet, with every customer of paypal, yahoo and ebay being able to use one authentication token across all the sites. Little impact I'd guess at the consumer end for the Verisign/IGP ID management product but likely to make it far more attractive for smaller enterprises. I added again yesterday.


VeriSign Introduces VeriSign® Identity Protection (VIP) To Protect Consumer Online Identities
PayPal, eBay and Yahoo! To Join Shared Authentication Network As Strategic Anchor Tenants; Motorola and SanDisk To Lend Technology Support

MOUNTAIN VIEW, CA., February 13, 2006 – VeriSign, Inc., (NASDAQ: VRSN), the leading provider of intelligent infrastructure services for Internet and telecommunications networks, today announced the launch of VeriSign® Identity Protection (VIP), a comprehensive solution that will help provide identity protection for consumers who conduct business online. VIP is supported by several leading online companies, including PayPal, eBay and Yahoo!. In addition, technology partner SanDisk has announced plans to support VIP by manufacturing and distributing OATH compliant USB mass-storage and trusted flash devices, while Motorola plans to lend its support in enabling this technology on consumer mobile devices.

A recent report by the Federal Trade Commission found that 37 percent of all Internet Fraud complaints filed dealt with identity theft. Additionally, Gartner research vice president Avivah Litan noted in her report "Credit Report and Internet Data Theft Results in More Fraud in 2005" that of those surveyed, financial losses resulting from information stolen of the Internet was $2.7 Billion.

VIP is a modern approach to combating digital identity theft targeted for both consumers and online services that demand better identity protection without sacrificing the convenience of everyday Web lifestyles. VIP will allow consumers to use a single security device to authenticate themselves across any future VIP-enabled Web site of network members, such as PayPal, eBay or Yahoo!. VIP will make it simpler and more cost-effective for online companies such as financial institutions, ISPs or e-commerce sites to implement stronger authentication by leveraging a shared infrastructure and enabling everyday devices to become authentication devices.

VIP will take a layered approach to Identity Protection by providing a comprehensive set of services enhanced by network intelligence. It will include the following components:

Shared Authentication Network: Operated by VeriSign, the VIP Network will allow online service providers and enterprises to accept the same VIP authentication credentials as other participating members of the network. The VIP Network will enable consumers to utilize a single, OATH-compliant strong authentication credential, no matter the form, across any of the VIP-enabled Web sites of network members.
Multi-factor Authentication: The VIP Authentication Service is a flexible, easy-to-deploy two-factor authentication solution that will facilitate the management of devices distributed to end-users. It will be based on open standards defined by OATH, an industry-wide working group for authentication. These open standards will allow VIP authentication to deliver an unprecedented array of credential choices for consumers.
Fraud Detection: Using advanced anomaly detection technology, the service will monitor and detect fraudulent login and transactional fraud in real-time to enable risk-based authentication. To catch known and unknown fraud, the service will combine both a policy and a self-learning anomaly detection engine. This non-intrusive approach will not require any change to a Web site and will remain invisible to the consumer until a fraud is detected.
Fraud Intelligence Network: The fraud intelligence network, which VeriSign intends to make available in the summer of 2006, will allow the sharing of critical fraud data and signatures across VIP-enabled Web sites of network members. The VIP Fraud Intelligence Network will leverage VeriSign's unique visibility gleaned from the operation of core Internet technologies.
VeriSign intends to add additional services in the summer of 2006 including the VeriSign VIP portal, which will allow consumers to obtain, for VIP-enabled authentication devices, first-level support directly from VeriSign.

In addition to VeriSign, PayPal has agreed to become the first device issuers for the VIP network. Yahoo! plans to join the VIP network as founding members and anchor tenants, enabling the use of VIP devices on any of their VIP-enabled Web sites. In order to deliver strong authentication devices across a large user base, VeriSign has also signed key technology partnerships that will embed one-time password algorithms into common, everyday devices. SanDisk intends to embed OATH-compliant One Time Passwords (OTP) into their mass-storage and trusted flash devices, while Motorola is endorsing VIP's unique shared network authentication approach to protecting online identities and its proliferation to consumers.

"With the increase in both the frequency and sophistication of malicious online activities such as phishing and identity theft, a fresh approach is needed to protect consumers as they conduct business online," said Judy Lin, executive vice president and general manager, VeriSign Security Services. "VeriSign Identity Protection will provide a new means to protect consumer identities, combining multi-factor authentication, a shared network of information and intelligence and actionable fraud monitoring. With our partners, the VIP service will provide end-users with easy-to-purchase and easy-to-deploy multi-factor authentication."

VIP will be available directly from VeriSign, or through any of the service providers participating in the VIP Network. Elements of VIP, including strong authentication and shared authentication network capabilities are available today, with additional capabilities being added this summer. For more information, please go to:

SUPPORT QUOTES FOR VIP

eBay/PayPal
"Online security is central to everything we do at eBay and PayPal, so we are pleased to be working with VeriSign as one of the first members of the VIP Network"
– Rob Chesnut, Senior Vice President of Trust and Safety, eBay and PayPal.

Yahoo!
"Yahoo! has always been focused on providing consumers with the safest Internet experience possible. We continuously look for ways to meet our users' evolving needs and are proud to participate in the VIP Network. We look forward to delivering added security for our customers through this innovative industry standard solution."
-- Ash Patel, Chief Product Officer, Yahoo!

Motorola
"As mobile data experiences increase in richness and complexity, so does the need to protect them. No one wants to suffer the consequences of identity theft, so security is critical to gaining consumer acceptance of new mobile data services. VeriSign and Motorola share a vision for mobile security, and we look forward to supporting VIP and working together to bring consumers stronger protection for their online identities in the mobile world."
-- Christy Wyatt, Vice President, Ecosystem and Market Development, Motorola.

SanDisk
"The addition of strong authentication services from VeriSign will greatly augment the extensive storage capabilities of our SanDisk devices and provide a level of 'out of the box' consumer online identity protection. Through our partnership with VeriSign, our flash devices will contain a capability previously unavailable – at no additional cost to consumers."
-- Carlos Gonzalez, Senior Director of Consumer Marketing, SanDisk Corporation

[wjccghcc] 14/2/2006 09:22

thx garth.

[wjccghcc] 14/2/2006 08:14

Yup, let's keep this quiet. A few 10k sales and we'll be down at 30p which would be nice. Let's hope some potential sellers get bored prior to the end of March.

SMRT do look potentially interesting although it appears they're more of a one-stop shop for looal (i.e. Scottish) clients rather than a global leader like IGP. However, I can't even find a website for them.

[garth] 14/2/2006 07:51

Guys, another RNS from SMRT today - Scottish transport contract. Big space to play in for both IGP & SMRT. I believe that IGP probably have greater long term prospects but interesting that SMRT are a Scottish company with a Scottish Executive contract win for a 'national initiative'. I wonder how much repeat business might come their was from the Scottish Exec?

G.

[taurusthebear] 14/2/2006 01:24

OK Smart, I'll hold off. To be honest, I agree with you, as I'm happy to have this little gem kept a secret a bit longer, or at least until I feel that I've got a decent slug of them...

Igoe - absolutely, I want more but have been waiting for sellers to bring the price back. Sooner or later, though, one has to bite the bullet and accept that sometimes it's more important to be in than to try and be in at what could be a better price! :0)

[igoe104] 13/2/2006 20:07

government wins vote on id cards, hopefully this could lead too intercede being involved in the makeup, of forming the id card, there partner oberthur, has been doing demo,s for the government on id cards in september. "oberthur use intercede products. so it could be worth topping up. (if funds are available.)before everyone realisers, what a gem, this low key, low cap company is.

[smartmoney100] 13/2/2006 19:34

Hi Taurus, well I rather like this being a bit of a stock market secret in much the same way IND seemed to be (despite a high profile investor).

Indigo's interims are scheduled for 21st March. Maybe a trading statement from Intercede a week or so later. I'm looking at that as a possible window of opportunity to switch some funds over here. How about a nice write up for TMF on the 25th march (my birthday) :-)

Mind you things never quite seem to pan out quite the way one hopes, so if you feel the urge then carry on. Just don't overdo it ok!

All the best

Smart

[taurusthebear] 13/2/2006 15:14

Strange thing is, I could've got 20k at 32p, so why should I want to pay 33p now for another 10k? I think the MMs have a wee bit of stock on their hands, and we're in a barren zone with no news likely until a possible trading statement at the end of March.

Furthermore, and maybe best of all (in the medium-term) is that IGP seems to be off most radars. I haven't mentioned it yet, but I've been invited to post over at TMF about a stock I'm buying. I'm reticent to do that, because I don't like to think that others think that stocks need to be ramped, but maybe I'll change my mind in the next few days, if I can get a post together that does IGP objective justice... :0)

[igoe104] 13/2/2006 15:05

it would be very useful, if the goverment, can win the id card vote today. it could mean igp. could pick up a nice big contract with oberthur

[smartmoney100] 13/2/2006 12:45

Oh you animal!

And you moved the price up. Well done :-)

[taurusthebear] 13/2/2006 12:31

Sorry chaps, couldn't resist another slug! ;-)

[smartmoney100] 08/2/2006 13:54

Thanks for the welcome.
I just bought a few more, managed to get 32p which seemed good enough. I do feel the grasshoppers waiting to jump at some point. Well that's me done for now, unless I sell some IND and that could prove to be quite daft!

[igoe104] 08/2/2006 13:47

i expect alot, more retailers, like john lewis. (to follow suit,) and sign up these smart cards. intercede are only going to get stronger and stronger. the clients list, is just going to get bigger and bigger. (ps some great posting guys)

[rambutan2] 08/2/2006 12:30

well there goes ncipher...

yes, i know a fairly tenuous link, but just goes to show!

[yump] 08/2/2006 12:19

Tend to think with floats that you almost need insider information to have any reasonable chance of success vs. the risk. Mind you I only ever bought into 4. 3 went bust and the other has stuck at 20% of its float price for the last 4 years or so, so somewhat tainted opinion.

Usually make a note of them now if they look interesting and then come back in a year or so. Gives the VC's time to dump, the directors time to cash in and lose interest and the company itself time to start delivering the prospectus and you can see how and if they are using the float money wisely. If they get past those then probably a runner !

[rambutan2] 08/2/2006 12:08

that was my thought - mkt cap close to igp (although i suppose much smaller and it wouldnt be worth listing). but igp now established and seemingly in an almost certain position to reap its hard won rewards.

[wjccghcc] 08/2/2006 11:45

yup. Had a look at SMRT but can't find out much info - not even a website that shows up on google anyway nor any financial info beyond the order book of 1.8mm mentioned in the flotation statement. No idea what their margins are.

The Multefile product looks useful but not sure why they describe it as revolutionary - the big 4 have similar smart card offerings that allow multifunctional smart cards which can be updated without technical assistance.

197mm shares at 3.625p gives a mkt cap of 7.1mm, close to that of IGP.

Not tempted without a lot more info. Anyone seen a prospectus or research on them?

[rambutan2] 08/2/2006 11:40

ttb, yes i waited a long time for them to get into their current position. but i was by no means confident that they would make it, with of course the 8p placing being a bit of a nadir (if you were excluded). as always, i remain a pessimistic investor with all my companies.

i suppose a possible bear point might be that growth occurs more slowly than expected whilst igp up their spending in anticipation of greater revenue. but the management's track record (verging on skinflints) makes that appear fairly unlikely. and also, their model just doesn't appear to need that much expenditure ie expensive sales folks etc.

my biggest fear (after the running out of cash one) has always been that they will get taken out before we really benefit in a multibag style way. but that hardly qualifies as a bear point.

[garth] 08/2/2006 11:35

Ram,

I've dipped my toe in for a few. Today's RNS says that they are trading profitably. Only recently listed, didn't raise that much, single digit market cap and hardly any posts on the board. All seems to suggest that they are currently off-radar to many. Room therefore to gain in popularity.....?

Anyone know any more about them?

G.

[rambutan2] 08/2/2006 11:25

just noticed this lot...

[yump] 08/2/2006 09:47

On a long term chart this is around the level it dropped from in 2003. After this level it looks fairly free to find whatever level it will. Not that I follow technical analysis much ;-)