Intercede Share Discussion Threads

[rambutan2] 20/11/2003 16:28

pretty unbelievable really. hardly a single person in the country tempted to buy and a couple of silly ones sold.

[garth] 20/11/2003 16:14

Phoned the company, Mkt Cap £6.1M at current price, not the £3M figure on ADVFN/DLook.

I voiced my surprised that today was a down day on what looked like encouraging results showing a move towards a position of being cash positive and profitable. It appears my sentiments are echoed.

G.

[maywillow] 20/11/2003 09:26

garth, these are undervalued stocks remember. Not yet revalued for their true worth. imho of course.

As for my figures,they're straight from the news facility and not checked by me.

[garth] 20/11/2003 09:23

Maywillow,

Are my figures correct?

The only 'flat' part of the results is sales, but the mix of sales is improving towards higher margin activities. And all the hints are that that growth is set to accelerate. Even if they only held growth at the same rate, that would surely inply a pe of just 10 one year out?

G.

[maywillow] 20/11/2003 09:15

Ram, Are you out there smiling somewhere?

[maywillow] 20/11/2003 09:14

LONDON (AFX) - Intercede Group PLC said further progress towards break-even
was made in the first half as pre-tax losses reduced from 0.6 mln stg to 0.2
mln.
Looking to the future it said it anticipates a continuing trend towards
break-even, pending an anticipated step change in sales during 2004, as the
rising level of pre-sales activity begins to bear fruit.
Richard Parris, Chairman & Chief Executive, said: "The momentum continues to
build with the number of requests for tender, and pre-sales activities in
general, at an all time high. This is a very strong indicator of future sales
growth and increasing opportunity for the Group."
The comments came as it posted an interim pretax loss of 269,000 stg against
loss 664,000, on sales of 878,000 against 876,000.
Loss per share was 0.1 pence against loss 3.4 pence.
rn

[maywillow] 20/11/2003 08:41

RNS Number:2679S
Intercede Group PLC
20 November 2003

INTERCEDE GROUP plc
("Intercede", "the Company" or "the Group")

Interim Results for the Six Months Ended 30 September 2003

Intercede, a leading developer of electronic identity management software, today
announces its interim results for the six months ended 30 September 2003.

SUMMARY

* Further progress towards break-even as pre-tax losses are reduced from
#0.6 million to #0.2 million.

* Gross profit margins increase from 72% to 82% as the proportion of
edeficeTM related sales rises from 52% to 62%.

* Intercede is now established as one of the leaders in smart card and
identity management software, based on both the excellence of its
edefice technology and the penetration of key channels to market.

* Contract wins during the period with a major UK Clearing Bank and the
Academic Medical Centre, Amsterdam.

* Good progress made in developing relationships with a number of major
industry players, notably Northrop Grumman, Thales and Gemplus.

* The level of cash outflow pre financing is reduced from #1.0 million to
#0.3 million.

* Period end cash balances total #1.3 million.

* Mario Houthooft, formerly CEO of NASDAQ listed Vasco, joins the
management team to strengthen sales and business development activities.

Richard Parris, Chairman & Chief Executive of Intercede, said today:

"The momentum continues to build with the number of requests for tender, and
pre-sales activities in general, at an all time high. This is a very strong
indicator of future sales growth and increasing opportunity for the Group."

20 November 2003

ENQUIRIES:

Intercede Group plc Tel. [phone]
Richard Parris, Chairman & Chief Executive
Andrew Walker, Finance Director


Chairman's Statement

Results

The Group has produced a solid operating result in the first half of this year,
which supports our plans for the full year. During the period the management
team focused on delivering an improved performance across all aspects of our
business. I am pleased to report that for the fifth consecutive half year period
we have made excellent progress towards sustainable profitable operations
through the development and resale of our own software products. Whilst it is
disappointing that delays in contract awards have resulted in sales remaining
flat compared to the same period last year, the proportion of sales attributable
to edefice has increased from 52% to 62%. It is also encouraging that the number
of requests for tender, along with general pre-sales activities, are at an all
time high. This is a very strong indicator of future sales growth and increasing
opportunity for the Group.

[garth] 20/11/2003 08:10

Is this right: £3m market cap, £1.3m cash, burn down to £300k in the period, growing margins and sales of edefice, "step change" up anticipated in sales of edefice?

Why so low?

G.

(p.s. MM's are holding back buy trades ;-) )

[waldron] 20/11/2003 08:02

thanks imlowe

[imlowe] 19/11/2003 08:59

Intercede's edefice™ card management system to be used by Gemplus at Cartes 2003

Lutterworth, Leicestershire, United Kingdom-November 17, 2003- Intercede Group plc, today announced that Gemplus, one of the world's leading smart card providers, will use their smart card management system, edefice™, when demonstrating its corporate security solution, SafesITe, at Cartes 2003, the world's largest card technology conference.

SafesITe will be demonstrated on the Gemplus Booth in Hall 3 Stand 3G (025-033) at Cartes 2003 in Paris from 18th - 20th November 2003.

[latifs100] 07/11/2003 20:26

last night on news about id cards, limited trials and volunteer cards, intercede have the leading edge. hopefully thi shud rocke t in the new year. still holding from 20p.

[imlowe] 14/10/2003 12:41

Intercede Unleashes MyID Corporate for Windows®

New variant of Intercede's MyID Corporate smart card based ID solution that leverages and enhances the features available in Microsoft Windows Server™ 2003 Operating System

Lutterworth, Leicestershire, United Kingdom-October 13, 2003- Intercede Group plc, today announced that it has released MyID™ Corporate for Windows®. Intercede's MyID Corporate for Windows® is a comprehensive smart card based corporate ID solution that leverages and enhances the features available in Microsoft Windows Server 2003™, Windows Server 2003™Certificate Authority (CA) and Active Directory®. MyID Corporate for Windows® provides a single solution that enables immediate issuance and management of digital certificates, smart cards and USB keys for enhanced security with minimal cost.


With Intercede's MyID™ Corporate for Windows® any organisation can:


Dramatically enhance corporate security
through the use of PIN-protected Microsoft digital certificates on smart cards and USB keys

Immediately deploy smart cards and USB keys
by leveraging existing Microsoft infrastructure

Reduce help desk costs
by automating routine tasks such as PIN Unlock or certificate renewal through on-line self-service support

Improve staff productivity
by combining multiple credentials on a single device and by providing users with a simplified sign-on, smart card and PIN, to IT resources

Leverage new Windows Server 2003™ features
including support for encryption key archive and recovery, and customised certificate policies

Protect their ID infrastructure investment
by providing an open and scalable solution that is built to support existing and future technologies


"MyID™ Corporate for Windows® enables organisations to increase the ROI on Win2003 upgrades by unlocking Microsoft's powerful certificate based security infrastructure," said Richard Parris, Intercede's Chairman and Chief Executive. "Our solution greatly simplifies the issuance and management of PKI enabled smart cards and USB device for use within a Microsoft environment and brings world class IT security within the reach of both large and small businesses."

The Microsoft Windows Server 2003 edition includes all the functionality customers expect from a mission-critical Windows Server operating system, such as security, reliability, availability, and scalability. In addition, Microsoft has improved and extended the Windows server product family to enable organisations to experience the benefits of Microsoft .NET. MyID corporate for Windows® together with Microsoft Windows Server 2003 offers a unified platform that enables any organisation to easily enhance security with smart cards and USB keys.

Intercede's MyID Corporate for Windows® leverages and enhances the features in Microsoft Windows Server 2003 and Active Directory by providing:


A single web based system for managing users, devices and credentials
Policy controlled issuance and management of devices and credentials
Support for both centralised and decentralised management models
Easy-to-use workflow driven interface
Encryption key archive and recovery
Support for multiple issuance models
Support for more smart cards and USB Keys than the competition
Corporate ID Badge personalisation including integrated tools for: design, template creation and printing
MyID™ Corporate for Windows® is available now!

[paulkent] 06/10/2003 08:09

pretty good contract win i would have thought...£300k first year guaratneed when total co turnover is only £1.8mill...nmealry 20% jump already..plus it shows they HAVE products which sell...and chairmans very upbeat statement said
"Following a further period of excellent financial and commercial progress, the
Group is well positioned to deliver significant growth in the short to medium
term."
got to be good value at this mkt cap

[rambutan2] 26/9/2003 18:34

Axalto indeed

[portentum] 25/9/2003 11:18

Trades delayed 2 hours!!

[portentum] 25/9/2003 10:01

great product - great customers - Shhh catchy monkey

[rambutan2] 25/9/2003 09:24

great news. slowly but surely...

[imlowe] 25/9/2003 08:29

Major UK Clearing Bank licenses Intercede's edefice™


Major UK Clearing Bank licenses Intercede's edefice smart card and identity
management system in support of deploying Identrus enabled smart cards to
selected customers


Lutterworth, Leicestershire, United Kingdom-25 September 2003-Intercede Group plc, today announces that a major UK Clearing Bank has signed a contract to use Intercede's edefice smart card and identity management system to manage the issuance of Identrus enabled smart cards and associated digital certificates to
selected customers.

This contract, with a committed first year value of £300,000, will be delivered within six months of contract award.

Under this contract edefice will be integrated with both a third-party smart card bureau and a third-party managed service provider to enable a highly scalable and robust smart card deployment platform.

Intercede Chief Executive, Richard Parris stated, "We are delighted to have secured this important contract after a comprehensive competitive procurement process. This represents a major addition to our customer list and a prestigious reference site for edefice".

###

About Intercede
IIntercede Group plc is a leading developer and supplier of digital identity management software and is listed on the London Stock Exchange (IGP LN) (IGP.L). Intercede's edefice provides OEM partners, service providers and end-user organizations with the tools required to quickly deploy, maintain and manage smart cards, hardware and software tokens, biometrics, Public Key Infrastructure (PKI) technology, applets and other digital credentials. Intercede's customers cover a range of industries and include ActivCard, AIB, Bank of Ireland, Barclays Bank, Colt Telecommunications, Datakey, Fujitsu Services, Lloyds TSB, the NHS, the Royal Bank of Scotland and a number of US Federal Government agencies.


For more information, visit Intercede's home page at or call [phone].

[latifs100] 25/9/2003 07:54

finally, hope it does a gresham house

[portentum] 25/9/2003 07:48

Intercede Group PLC - Re edefice licenses
RNS Number:1507Q
Intercede Group PLC
25 September 2003

Intercede Group plc

Major UK Clearing Bank licenses Intercede's edefice

Major UK Clearing Bank licenses Intercede's edefice smart card and identity
management system in support of deploying Identrus enabled smart cards to
selected customers

Lutterworth, Leicestershire, United Kingdom-25 September 2003-Intercede Group
plc, today announces that a major UK Clearing Bank has signed a contract to use
Intercede's edefice smart card and identity management system to manage the
issuance of Identrus enabled smart cards and associated digital certificates to
selected customers.

This contract, with a committed first year value of £300,000, will be delivered
within six months of contract award.

Under this contract edefice will be integrated with both a third-party smart
card bureau and a third-party managed service provider to enable a highly
scalable and robust smart card deployment platform.

Intercede Chief Executive, Richard Parris stated, "We are delighted to have
secured this important contract after a comprehensive competitive procurement
process. This represents a major addition to our customer list and a prestigious
reference site for edefice".

£££

About Intercede

Intercede Group plc is a leading developer and supplier of digital identity
management software and is listed on the London Stock Exchange (IGP LN) (IGP.L).
Intercede's edefice provides OEM partners, service providers and end-user
organizations with the tools required to quickly deploy, maintain and manage
smart cards, hardware and software tokens, biometrics, Public Key Infrastructure
(PKI) technology, applets and other digital credentials. Intercede's customers
cover a range of industries and include ActivCard, AIB, Bank of Ireland,
Barclays Bank, Colt Telecommunications, Datakey, Fujitsu Services, Lloyds TSB,
the NHS, the Royal Bank of Scotland and a number of US Federal Government
agencies.

For more information, visit Intercede's home page at
www.intercedegroup.com/ or call [phone].

ENQUIRIES:

Intercede Group plc Tel. [phone]

Richard Parris Chairman & Chief Executive

Andrew Walker Finance Director


This information is provided by RNS
The company news service from the London Stock Exchange

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