Intercede Share Discussion Threads

[mdchand] 21/11/2013 07:27

a rock n roll rns. key highlights as follows:-

During the period, Intercede advanced the use of MyID to manage digital credentials on Windows 7, Windows 8 and 8.1 mobile devices to enable customers to deploy virtual smartcards onto tablets, laptops and phones equipped with TPM technology. These solutions were demonstrated at an invitation-only CESG security event on 14 October 2013. Working with the Microsoft sales channel, a number of opportunities are in the late stages of contract negotiation.

Furthermore, another Intercede partner is poised to roll out PIV-I credentials to more than 300,000 contractors accessing US military bases.

The sales potential behind each of the opportunities described above is far greater than the revenue booked in the current period, meaning the business is well structured for further growth.

Intercede's strapline for 2014 is 'ID Anywhere'. On smart cards, in phones, on tablets, in servers, for employees, citizens, consumers, in the office, on the move, Intercede delivers secure and trusted identities - Anywhere. This Internet of Things promises to be a very large market for Intercede to exploit in both the medium and long term.

[looby loo] 13/11/2013 00:27

Business Executive of the Year Awards 2013
12 November 2013





Richard Parris, chairman and chief executive of Intercede, was runner-up in the medium sized business category.

The Lutterworth security software company recently won a contract to supply one of the biggest defence contractors in America.

The firm said it had won the deal a month after picking up a big contract with a "European aerospace giant".

The business has seen its value double in recent months to about £65 million.

The group has its headquarters in St Mary's Road, Lutterworth, and employs nearly 100 people, 10 per cent up on this time last year.

Existing clients include Lockheed Martin and Boeing and more than a dozen US federal agencies.

Intercede's total revenues in the first half of the current financial year are projected at £4.5 million, compared to £3.5 million the previous year.

Mr Parris said: "We have institutions who have increased their holdings in us and private investors."

The business is now developing new mobile security software – which allows tablets and smartphones to be used as electronic security cards. It is an area that major clients are interested in using, to create security on the move.

[pyman] 05/11/2013 14:39

hah- defense co , secure, secret but traders 3 weeks ahead! ever the way.
Still hanging on for the mobile deals.... all things come to he who waits... not sure I agree with that phrase totally...but here its working

[felix99] 05/11/2013 11:42

ah thanks - I read it as a new contract with 500k employees but it says it takes total managed to 500k I see. Cheers

[rambutan2] 05/11/2013 10:51

FELIX99, Boeing already a customer. Read rns again, it's not 500k, but another good endorsment all the same. The biggie will have to come from outside the defence sector ie via HP, Microsoft, Trustonic or such like where much greater potential customers. imho

[felix99] 05/11/2013 08:08

lol someone buys 1k and whoosh

Mm's no idea how to price it . new highs here

Be interesting to see if directors in for more here

[felix99] 05/11/2013 08:07

Well the news probably explains the director buying - I guess the contract is about as good as it gets. Its Lockheed Mk2 except this time they done all the ground work they just got to roll it out. Should be hugely profitable. I assume it must be Boeing perhaps for that size of employee numbers?

They should make great money out of the issue of cards alone never mind anything else.

Unfortunately there is so little stock around that anyone that wants to buy simple can't - Mm's quote in 1k lots .

[ramnik007] 05/11/2013 07:28

Wonder how much the new contract will help the bottom line? I assume aggressive buyers knew of this contract coming.

[rambutan2] 29/10/2013 01:10

re LL's post 3447, Mr Parris presented and everyone who's someone was there! Here's the programme...

hxxp://icmc-2013.org/wp/wp-content/uploads/2013/10/SCAGUCIDShowGuideLR31.pdf

hxxp://www.SmartCardAlliance.org/

[rambutan2] 29/10/2013 01:02

From the 2012 annual report:
Intercede is participating in a consortium of leading US companies, trade organisations and service providers in bidding for a share of grant funding from the National Program Office for the National Strategy for Trusted Identities in Cyberspace (NSTIC). If successful, the consortium will build a pilot infrastructure to demonstrate the governance, security and privacy requirements of digital identities in support of the world's leading consumer economy.

Well over a year later and...

VIENNA, Va., Sept. 18, 2013 /PRNewswire-USNewswire/ -- The Transglobal Secure Collaboration Participation, Inc. (TSCP), a 501(C)(6) non-profit technical trade association, announced today that it has been awarded a pilot grant by the Department of Commerce's National Institute of Standards and Technology (NIST) to support the National Strategy for Trusted Identities in Cyberspace (NSTIC), an initiative signed by President Obama in April 2011.

TSCP members include: BAE Systems, The Boeing Company, EADS, Lockheed Martin, Northrop Grumman, Raytheon Corporation, U.S. Department of Defense, U.S. General Services Administration, National Aeronautics and Space Administration , U.S. Secret Service, the French Government, UK Ministry of Defence, the Netherlands Ministry of Defence, Microsoft, CA Technologies, Axiomatics, Boldon James, Centrify, Chevron, Deep Secure, Electrosoft Services, FuGen Solutions, Gemalto, ID DataWeb, HID, Intercede, Litmus Logic, National Aerospace Laboratory (NLR), NextLabs, Ping Identity, Syneren Technologies Corporation, Wave Systems.

hxxp://www.tscp.org/grants-1/nstic/

Is well worth keeping an eye on the TSCP site (link above).

Looks like NSTIC has really got going right across the cyber security space. It will set the standards for the industry so of mega importance.

hxxp://www.nist.gov/nstic/news.html

[pyman] 27/10/2013 10:18

Cheers Felix. A good call which I agree with.

[looby loo] 22/10/2013 17:29

22 October 2013

Intercede demos secure device and user identity at CESG security event

[felix99] 22/10/2013 08:38

I think there has been a little hot money going in and out but on the whole its buy and holders that are in and they don't want to sell here. Watching the trades every day there always seems to be a big buyer behind the scenes trying to mop up anything going at any price.

The impression I get is that there are buyers around desperate to buy whatever they can get but there is simply no stock in size around at any price even close to where we are. The touch price is so misleading as its only good in 1k lots and in reality the MMs can just name a price for any trader in size looking to buy or sell even 5k lots.

The MM;s are trying to bump price up to attract sellers but so far all that happens is it attracts a few more buyers of 1k lots as that is all they will give away and it runs back up again as MM's have no stock to fulfil any orders.

Yesterday it dropped to 122/125 I think it was and I tried to buy but there was just nothing around on line and as soon as 1k was bought price shot up to 130. I think Mms gave it a good shake yesterday and got some stock out but not a lot.

I am holding/ buying when I can as I think there must be a lot more than meets the eye here as otherwise the stock would have pulled back to 110 or so where directors bought a long while before now.

Some people clearly know something that is not in the public domain and are using that knowledge to buy with confidence here and higher imho. I for one and happy to risk my profit to see what the real reason is here

[pyman] 21/10/2013 22:56

True true. Much hot money there over last weeks or real buyers??

[julianc35] 21/10/2013 15:23

Big positive is that the company hasn't come out with an announcement saying "that they don't know of any reason why the share price has gone up" :)

[pyman] 19/10/2013 00:17

Onward and upward. Strong end to the day looks good. This is a cracking run. Hope there is decent news as we ve climbed far now.

[q1w2e3r4t5] 18/10/2013 12:14

Let's hope 8.1 works ...

[felix99] 18/10/2013 11:55

both I would have said. If Microsoft windows business users like the product and start using it that's a pretty decent sized pool of customers to go at?

[q1w2e3r4t5] 18/10/2013 11:37

From June '13 announcement.
Launched MyID Windows 8 virtual smartcard solution Feb'13
Business strategy 13-14; progress Microsoft partnership to revenue generation

http;//technet.microsoft.com/en-us/library/dn283963.aspx

Enterprises need and efficient way to manage ... thousands of virtual smart cards. The first available virtual smart card management solution is Intercede's MyID.

Does this justify a doubling of the share price? Or are the contract awards in support of major telecoms customers (for £2m this year and "significantly more in future periods") more important?

[felix99] 17/10/2013 16:51

If you get an answer let me know julianC35!

As I said earlier my guesswork is that those deals are going to kick in some serious revenue next year and I reckon they are close to some secure ID deal with a mainstream PC or phone provider - apple/ Microsoft or something like that to provide mass market secure ID for people - essentially moving the tech out to mass market rather than restricted to big government and their key contractors .

Cant think what else might be driving this - clearly "those in the know" keep buying at these levels so whatever it is it must be big

[julianc35] 17/10/2013 15:32

As a long term (and now very happy shareholder)can anyone give a rational explanation as to the 50% share price rise since the statement. It can't just be on the back of the latest contracts and statement.

[pyman] 16/10/2013 01:19

Heady times! News will see wild moves given the lack of stock.

[rambutan2] 16/10/2013 01:01

Despite what looks like a 127k sold at 131p yesterday, anyone wanting to buy more than a few k is having to pay well over the offer ie 140p for 16,900! Going back over this month's trades, there's been a few bigger trades go through, but no real sign of downward pressure as yet.

[pyman] 11/10/2013 18:36

Strong day have no time to study trades, anyone care to comment on price action?

[felix99] 07/10/2013 15:45

MMs certainly working hard for stock in my view. Couple of 100k trades at 118 as well bodes well that there are willing buyers and sellers up at these levels for a decent volume of stock