goldfinger
- 13 Oct 2003 14:48
Activities
Provision of secure transaction systems and services to the international banking, telphony, retail, and security markets, using a range of smart and magnetic card solutions
In the recent Agm the chairman said "the company has made a positive start to the financial year and the board remains optimistic about prospects for the business."
Pre-tax losses have also nearly halved from 6.4 mln to a loss of 3.4 mln on cost cutting. They have also had a successful fund raising.
Also chart indicators show that it may be time for the next leg upwards past recent resistance at 7.5p. and please remember you are responsible for the timing of your own buying and selling actions.
gf.
goal
- 01 Dec 2006 08:19
- 1061 of 1253
ID Data PLC
01 December 2006
Press Release 1 December 2006
ID Data Plc
('ID Data' or 'the Company')
Contract Win
ID Data awarded US$800,000 plus contract to supply Buypass, Norway.
ID Data, the provider of secure, card-based transaction systems and services to
the retail, government, bank and financial sectors, announces that it has signed
an exclusive contract to supply Multos smart cards to Buypass, the leading
Norwegian security, payment services and solutions provider.
Buypass offers leading edge solutions for the provision of electronic services
based on the use of Multos smart cards for electronic cash delivery and
electronic ID. Owned jointly by The Norwegian Lottery and Norway Post, Buypass
customers include both public and private organisations.
Gunnar Lindstol, CEO of Buypass, said: 'After reviewing a number of leading
smart card manufacturers world wide, ID Data was chosen as our supplier for this
important contract, based upon a detailed evaluation of quality, price and the
ability to live up to Buypass's high expectations.'
Commenting on the contract win, Peter Cox, CEO of ID Data plc, said: 'This
order for a large scale high-end chip solution demonstrates ID Data's smart card
capabilities and its ability to compete in the global smart card market. It
also shows that ID Data's skills and development capabilities can deliver the
latest technology, with the certainty of meeting our customer's needs and
timeframes. In addition, we have the sales and marketing capability to present
ourselves as credible solution providers and win major contracts on a worldwide
scale.'
'Multos is at the forefront of chip capability and technology and ID Data is one
of a few companies in the world that has the skills and requisite Multos issuer
licenses to deliver this project. The Buypass Multos product will be produced
in ID Data's Petersfield facility in the UK.
'We are pleased to have won this significant contract and look forward to
working with Buypass on this leading edge card implementation. It further
confirms that we have the skills and confidence to win major contracts in the
advanced payment card arena. This adds to our credibility following the recent
high profile contract renewal, to continue supplying chip cards and card
management solutions to the world's largest issuer of credit cards.'
'This project will demonstrate to ID Data's financial client base that we can
migrate them from the simple chip and PIN solutions used today, to more advanced
chip card solutions where multiple applications can co-exist on the same card.
Such technology reduces the need for more than one piece of plastic in the
consumer's wallet thereby allowing them to cope with new trends in internet
security, loyalty or other market driven applications.'
ID Data is a fully accredited Visa and MasterCard solutions provider and looks
to build its future business by supplying more sophisticated payment card
solutions throughout Europe, the Middle East and Africa.
- Ends -
For further information, please contact:
ID Data Plc Tel: +44 (0) 1730 235 700
Peter Cox, Chief Executive
peter.cox@iddata.com
www.iddata.com
KBC Peel Hunt Limited
rampage
- 01 Dec 2006 09:15
- 1062 of 1253
goal
Thanks for that
Lets hope this is followed by similar good news in the new year and a recovery for the share price
goal
- 01 Dec 2006 09:47
- 1063 of 1253
Yes, congratulations IDD.
parthus
- 01 Dec 2006 10:26
- 1064 of 1253
good news! mainly because it sends out the right signals to potential customers.still remains a worthwhile punt for the medium term,if the spread tightens we should see some day trading action. an interesting stock for the less risk-adverse investor. good luck to all holders and keep the faith!
capetown
- 01 Dec 2006 11:08
- 1065 of 1253
Great news,
We have waited long and hard for this ,lets hope its the start of more to come
capetown
- 13 Dec 2006 12:17
- 1066 of 1253
UP 9& yesterday
UP 17& today
"20 mill shares traded,something brewing??
canada1
- 13 Dec 2006 12:47
- 1067 of 1253
ct, have a look at imr when you have a spare moment
capetown
- 13 Dec 2006 14:50
- 1068 of 1253
Canada1,
If they have the restructuring modelled correctly,now would be a good time to buy imo,do not know enogh abt them,will look further,why dont you start a thread?
IDD lots BLUE today!!
canada1
- 13 Dec 2006 14:58
- 1069 of 1253
ct, wouldn't know how to start a thread, lol, just thought imr looked cheap cos they pay a divi and I think they got hammered when the resource sector got marked down, hence the name change coming up.
capetown
- 13 Dec 2006 15:17
- 1070 of 1253
OFF TOPIC
CANADA1,check out your IMR thread!!
canada1
- 13 Dec 2006 15:33
- 1071 of 1253
ct, can't see it!
capetown
- 13 Dec 2006 15:56
- 1072 of 1253
its there!!
search for it
canada1
- 13 Dec 2006 16:00
- 1073 of 1253
Nope, can't find it on imr, just seen rcg, just like igp, another wudda, cudda, shudda.
rampage
- 14 Dec 2006 10:01
- 1074 of 1253
Up again today
Faint glimmer of light at the end of the tunnel maybe ?
parthus
- 14 Dec 2006 10:06
- 1075 of 1253
looks like the day traders are on the case
contrarian
- 14 Dec 2006 11:16
- 1076 of 1253
would it make sense for a bigger player in the sector to be buying out this outfit?
having to borrow a million for working capital not so long ago was not a great sign but the retructure and surely,cheaper labour costs with the opening of polish factory is positive.
could it be a bargain for someone?
somethings afoot and we'll know soon once the big money is on.
capetown
- 15 Dec 2006 09:10
- 1077 of 1253
Up again today and the narrowest spread i have ever seen on idd,.74/.75
parthus
- 15 Dec 2006 09:14
- 1078 of 1253
well we deserve it!
capetown
- 15 Dec 2006 09:22
- 1079 of 1253
We have a very long way to go but this is really looking good,
Trading in this stock will improve if the spread stays where it is
capetown
- 15 Dec 2006 13:50
- 1080 of 1253
Up 9% on 12 DEC
UP 17% on 13DEC
Up 4% on 14DEC
Up 9% Today
SOMETHING has to be going on,bring it on IDD,have been VERY patient with this one