Intercede Share Discussion Threads

[pork belly] 26/10/2006 09:53

taurus,

i'm both long and trading a few.

[taurusthebear] 26/10/2006 09:44

Looks like the profit-taking has started. I should think the pork bellies will be taking their trading profits tomorrow, as they seem more interested in the next 24 hours rather than the longer term. I suspect that, as WJC says, the 27th is just a symbolic date, and not one by which many agencies will show their hands in terms of what they really intend to go with in 12 months time... :0)

[pork belly] 26/10/2006 07:39

Gemalto results out 18 mins ago:

[wjccghcc] 25/10/2006 23:29

That's impressive. If IGP is the preferred CMS partner for Oracle, that opens the door to a huge network of resellers and existing Oracle clients. Oracle obviously value IGP's reputation in the sector since they asked them to provide a comment.

Nice one.

[barnsey] 25/10/2006 23:16

Note that Oracle Identity Management is available WORLDWIDE from today.



Availability
Oracle Identity Management's out-of-the-box support for Oracle E-Business Suite, Oracle's PeopleSoft Enterprise and Oracle's Siebel applications is available worldwide today. Out-of-the box support for Oracle's JD Edwards EnterpriseOne, iFlex Flexcube, Oracle's PeopleSoft Enterprise Campus Solutions and Oracle Clinical/Healthcare is expected to be available in 2007.

[barnsey] 25/10/2006 23:06

"Intercede is pleased to support Oracle Identity Management," said Richard Parris, Chairman and CEO of Intercede. "Our support has enabled us to deliver Intercede's MyID(r), a GSA Approved Product for smart card personalization that complements Oracle Identity Management, to Oracle's expansive network for customers and partners.

Article below announced today 25-oct-2006, interesting few days ahead.







ORACLE OPENWORLD, SAN FRANCISCO 25-OCT-2006 Oracle today announced new pre-built integrations that will enable organizations to reduce security costs and more rapidly incorporate Oracle(r) Identity Management into their existing enterprise application environments. Already providing support for more than 50 applications including Oracle E-Business Suite, Oracle's PeopleSoft Enterprise, Oracle's Siebel and other business applications, Oracle Identity Management will add out-of-the-box support for Oracle's JD Edwards EnterpriseOne, i-flex Flexcube, PeopleSoft Enterprise Campus solutions and Oracle Clinical and Healthcare applications. The latest integrations build upon Oracle Identity Management's support of more than 200 IT systems spanning non-Oracle application servers, databases, LDAP directories, portals and Web servers.
By extending the breadth of security solutions for specialized industry verticals such as banking, higher education and healthcare, Oracle helps customers and partners more rapidly secure their critical business applications and meet compliance requirements while avoiding the challenges and costs of developing custom code. The expanded integration between Oracle Identity Management and leading enterprise applications marks another step in Oracle's unique ability to deliver next-generation application security in which identity and access management functionality is woven into the application architecture. As a result, customers can deliver new applications for business agility while maintaining continued compliance and increased overall security.

"Weaving management of user identities into enterprise applications marks the next phase of identity and access management," said Sally Hudson, Research Director, IDC. "Doing so will enable applications to utilize identity and access management shared services via standards-based interfaces and service-oriented architectures. Oracle Identity Management's current integration with widely deployed enterprise applications marks a significant step toward this evolution and will help customers reduce integration costs while increasing security."

Strengthening Security for Applications
Oracle Identity Management's integration with enterprise applications environments results in a number of specific benefits including:
* PeopleSoft Enterprise - enables customers using PeopleSoft Enterprise Human Capital Management to seamlessly onboard employees through a new hire process, provision employees securely and contextually across physical and logical enterprise assets and deliver self-service single sign-on. With the integration, customers can also reduce security risks associated with orphaned accounts through seamless de-provisioning of employees and contractors;

* Siebel Customer Relationship Management - provides Siebel applications customers a secure platform to reconcile and link employee accounts to sales, marketing and service modules, while providing self-service portal for unified single sign-on; and

* Oracle E-Business Suite - delivers single sign-on functionality and fine-grained controls within the financial management modules of Oracle E-Business Suite - providing visibility into who is accessing sensitive data, enforcing separation of duties while automating and meeting regulatory mandates.

"Integration is a significant pain point for many organizations. An essential element of identity management is its ability to be seamlessly incorporated into an application architecture," said Hasan Rizvi, vice president, Identity Management and Security products, Oracle. "By enhancing Oracle Identity Management's out-of-the-box support for Oracle's enterprise applications, we are providing customers with increased security, compliance automation and a seamless user experience while reducing development and deployment costs."

"Certification of Oracle Fusion Middleware with Oracle applications has enabled our customers to further extend the value of their applications investments," said Jesper Andersen, senior vice president, Applications Strategy, Oracle. "Integrating Oracle Identity Management with our portfolio of applications allows customers to more rapidly deploy best-in-class identity and access management and leverage the native security of the Oracle platform."

Availability
Oracle Identity Management's out-of-the-box support for Oracle E-Business Suite, Oracle's PeopleSoft Enterprise and Oracle's Siebel applications is available worldwide today. Out-of-the box support for Oracle's JD Edwards EnterpriseOne, iFlex Flexcube, Oracle's PeopleSoft Enterprise Campus Solutions and Oracle Clinical/Healthcare is expected to be available in 2007.

About Oracle Identity Management
Serving as the security backbone for Oracle Fusion Middleware, Oracle Identity Management helps customers and partners decrease security threats across diverse IT environments while helping address compliance needs. Oracle Identity Management's support of industry standards such as WS*, XACML, SAML and SPML help enable customers and partners to more easily integrate applications with the framework. The family of best-in-class software, which can be used in its entirety or as individual components, includes Oracle Identity Manager, Oracle Access Manager, Oracle Virtual Directory, Oracle Internet Directory, Oracle Enterprise Single Sign-On Suite, Oracle Identity Federation and Oracle Web Services Manager. To learn more, visit

[4graham] 25/10/2006 21:08

As LTH will know IGP floated in 2001 at 60p a share. Obviously the shares have had a rocky time whilst the company have built very strong foundations in order to exploit the massive market potential. I`m particularly impressed that IGP have and continue to spend money on `customer service` which i believe has enabled them to be in the position they are in today. Of course, it helps when your Chairman and CEO holds 28% of the shares!!

Richard Parris deserves every penny he makes out of `his` company.

[igoe104] 25/10/2006 20:48

oracle are a big fish, with lots of connections. looks good business for a small company like intercede. (i,ve just looked at oracle web site)

[pork belly] 25/10/2006 20:44

igoe,

terrific find !

24-OCT-2006 Oracle today announced that 9,000 market leading Independent Software Vendors (ISVs), Value Added Resellers (VARs) and System Integrators (SIs) are supporting Oracle Fusion Middleware. Partner support has played a significant role in the rapidly growing worldwide adoption of Oracle Fusion Middleware and represented 41 percent of Oracle Fusion Middleware's overall annual revenue in fiscal year 2006

"Intercede is pleased to support Oracle Identity Management," said Richard Parris, Chairman and CEO of Intercede. "Our support has enabled us to deliver Intercede's MyID(r), a GSA Approved Product for smart card personalization that complements Oracle Identity Management, to Oracle's expansive network for customers and partners."

Oracle (NASDAQ: ORCL) is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at


RNS soon ?

[pork belly] 25/10/2006 20:39

WJCCGHCC

great post. very informative. many thanks.

are you in this industry ?

[igoe104] 25/10/2006 20:35

JUST UP ON THE COMPANY WEB SITE.

[wjccghcc] 25/10/2006 19:57

Main competitors that I'm aware of are Actividentity (ACTI on NASDAQ) and Bell ID's ANDiS system (private dutch company bought out of Securitas after their takeover of Bell Group). SMRT and IDD aren't really competitors - different products/different league.

Spooky is right that Actividentity is a competitor to many of IGP's OEM partners with their Activclient product which is PIV Middleware (communication between the card and everything else). This competes directly with RSA, Gemalto and Imageware among others. Actividentity have a mkt cap of $236mm (although I think half of that is cash) but have been losing money hand over fist for the last few years (2006 9 month loss of $22mm) and are going through a turbulent time. However they do have a large legacy with the US government - hence the contract for their PIV middleware to make the DOD existing smart cards compatible with FIPS 201 since the existing cards use Actividentity already.

Bell's ANDiS system tends to focus on the Middle East and their Gemplus (now Gemalto) partnership. While MyID is the basis for Gemalto's Safesite Card Manager product (e.g. the recent 500k European licence deal), ANDiS is used for the Safesite Card Manager Pro (used for more complex deployments). They are also involved in the Gemalto Safesite Government solution (although IGP said they are working with Gemplus on government stuff as well?).

FIPS contracts I'm aware of are:

GSA - 400k cards - Gemalto / Bell. This is the umbrella issuance to which 26 agencies have signed up. However the Gemalto/Bell product is not yet FIPS approved so this could be interesting.

NBC - 200-300k cards - IBM / Lockheed Martin. Again umbrella issuance for several agencies in order to meet the deadline. Don't know whose providing the card management for this one. Both Actividentity and Intercede work with Lockheed.

EPA - 30k cards. RSA / Intercede.

TSA - 70k cards. Actividentity

That's about 700-800k in total out of 5-8 million to be issued. Many of the agencies will end up using the GSA/NBC offerings as pilots to meet the Oct 27th deadline and will then decide whether to go their own way - they only have to have one card issued by Friday to be compliant. That means that Oct 27th isn't the end of this - we'll be hearing about FIPS contracts for the next nine months as the agencies decide what suits them best (most of them guard their independence jealously!).

IMHO whatever financial benefit IGP gets from FIPS, far more important is that it's put them on the map in the US with some great OEM partners like Safenet, Verisign, RSA, Amag etc. Potential revenues and support from the corporate sector will be multiples of FIPS over the next 3-5 years. Even microsoft mentions them as someone they're trying to emulate with Vista's smart card capability (though this is for very basic deployments).

And then of course there's the UK ID card which will dwarf FIPS. IGP must be one of the favourites for this given their credentials (they supply the Met police), partnership with Oberthur (UK card production facility to provide UK jobs) and contacts with government.

Exciting stuff :-)

[barnsey] 25/10/2006 19:23

Easy to understand why gross margin came in at 95%.

A major development during the year has been the recognition, by large US
software vendors, that Intercede's smart card management technology is a
missing, yet vital, component within their broader identity management
solutions. As a result of the barriers to entry (technical complexity and long
development lead times), several leaders in the IT security market have
concluded that licensing Intercede's MyID technology, on an OEM basis, is the
best option for servicing their customers' future requirements. During the
period, Intercede added RSA Security and VeriSign to its growing OEM partner
list. Additionally, SafeNet has been added as an active OEM partner following
its acquisition of Datakey, another long term partner. This represents
remarkable penetration of the three main supply chains servicing Intercede's
target market. By channelling its product through large industry players,
Intercede is increasing its capability to win a significant share of this
market. It also avoids the costs and risks normally incurred by small software
companies trying to sell products to major global corporations.

[igoe104] 25/10/2006 19:23

THANKS FOR THAT SPOOKY, just looking at our main competition, in the worldwide smartcard market. i know their is smrt, idd, are only domestic players, and only operate in the uk, and don,t have the blue chip worldwide partners, that we have, not sure if their is any true real competition for us. so in a muti billion pound growth market, things look very good, for intercede.

[spooky] 25/10/2006 19:07

igoe104 - WJCC will have an answer but i think this is a very interesting question.Actividentity appears to be the only other company which has a FIPS approved stand alone card management system ,but Actividentity is actually a competitor to companies such as RSA as it is involved in other parts of the issuance and management process.So if a company such as RSA or Gemalto is looking to employ a card management system they are hardly likely to use one from a competitor,this is the beauty of Intercede's market position.They have developed market leadership in a market where being independent and focused gives them an advantage.There is a great chance that MYID will become the card management system of choice for all the major players in the smart card business.

[pork belly] 25/10/2006 18:45

Washington contracts page

[igoe104] 25/10/2006 18:20

wjcc who would you say intercede main competitor is ? actividentity.

[igoe104] 25/10/2006 17:42

With 27th of october, being on a friday, they will lots of positive write ups in the worldwide press. very positive for the companies involved.

[pork belly] 25/10/2006 17:33

thanks APHRO,

i believe charting is useful for large quoted companies or companies with no news for long periods of time. i don't think it is relevant at the moment IF we get more newsflow in the coming days as i hope. i suspect there might be some profit taking tomorrow by those unaware of the significance of the Oct 27 date. others, i'm sure, will wait a few more days atleast.

either way, as you rightly say, this does look like a high growth company winning some very good orders.

cheers, porky.

[igoe104] 25/10/2006 17:25

Diffcult to say" aphrodites. i don,t think you can chart AIM companies properly anyway, because their so liquid, one bit of news, and you can throw your chart out of the window. i,m expecting more contract news, on usa government contracts, any moment soon.
ps the company only has a 18m cap still lots of upside.

[aphrodites] 25/10/2006 17:02

pork belly

Hello again. As I told you PRM is on the front foot and there could be a lot to go for. My contact accounts for 15m of these!

IGP is likely to go quiet from here until the weekend when I expect it to be picked up in the weekend press. Obviously more fireworks in the pipe-line and potential for enormous uplift from here.

However, I would like to see the price back to 45/46p to allow a bit of the speculative slack to get taken out. I know a fund manager who wants to buy stock but he will not buy after the perpendicular rise in the price. Such a set back would set us fair for the 3rd. leg of the Elliott wave which is invariably the strongest one. This could see the price up to 75/80p with the final leg taking us to £1 before we start again. A set-back will also allow
more large funds to buy.

All very exciting stuff and progress will hang on further positive announcemments.

[papalpower] 25/10/2006 16:31

I have some Zinc exposure via ZOX, and yes in SEY. Still lots of things to come in Q4 from SEY so no short term worries there, as yet. I'll have a look at GFM, might compliment ZOX.

[igoe104] 25/10/2006 16:22

short of funds at the moment, pp been caught out abit with sey, (which i,ve noticed your involved with as well) should have at least 80k next year to play around with, to get 4 companies with.
ps gfm are doing well for me also. (good zinc play.)
zinc hit a new high, and will continue to rise because of big demand, from china, and the lack of stock piles.