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.

i hear EDS have won a big US Govt ID Card contract. Also a potential UK Id Card supplier. idd worked on the PO Card account with EDS. might be something, might not. zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

these had the best system with your eyes in 2002
but us govt went for the cheaper just like the british goverment
like your driving licence, the new pastport even the police use photo copy
finger prints and signatures this one been in the news in the last few weeks
the best one is the machine that they use at 40.000 each to the tax payer
but police now say your finger print change using this sytem
just think when you but your bum on a photo copy it could be big or small

Good article on IDD in shares this week,suggesting the shares should come to life!!!

Can you put up a link to this article please capetown?

grandadg90,
Will fish it out and post it on here later today.

Still looking for the article,i have misplaced it,will post on here as soon as i can.

patience wearing thin anyone?

still a way to wait, if in fact idd are even in the mix,

fingers crossed

http://www.itweek.co.uk/computing/news/2190552/id-cards-deals-primed-start

Patients did you say?, Warren Buffet's got nothing on me, I've been in since Peter Cox and Henry Ford went to school together.
Looks like the 30 mil sell at .75p and the 2.5 mil at .8p can now buy back for .72p, nice profit!!

grandadg90,here it is,
Smart card ID DATA have made lossesover the past few years,yet it continues to hold a solid customer base,tesco,ba.royal dutch shell.

Its latest achievment has been to secure the custom of prepay card service provider Credcard for 750,000,this acquisition is expected to boost future profitability,Europes mkt for prepaid cards is estimated to be 360million cards

The groupn also plans to raise funds over the coming weeks,

If idd continues to strengthen customer base profits could improve and the SHARES COULD COME TO LIFE,

Well i hope its before the end of my lifetime!!!!

Cheers capetown

igp put in a stunning set of results this morning, raised money at 33p, now 49p to buy.

This information is provided by RNS
"ID Data Group Plc (AIM:IDD), the smart card solutions and outsourcing business,
announces that on 25 May 2007, it completed the acquisition of the business and
assets of CredEcard plc ('CredEcard'), the pre paid card service provider, for a
total consideration of up to 725,000 in cash and shares, subject to the new
business achieving specified performance objectives over the next two years.

The initial consideration comprises 25 million ordinary shares of 1p in ID Data
('Ordinary Shares'). Application has been made for the new Ordinary Shares to be
admitted to trading on AIM and it is anticipated that dealings will commence on
1 June 2007.

Highlights

- European market for pre paid cards is estimated to reach 360 million cards by
2010
- ID Data moves up the 'value chain' and into financial services
- ID Data's key relationship with MasterCard(R) strengthened
- Acquisition is expected to enhance future profitability of the group
- Additional funds to be raised to allow more rapid development of the pre paid
business


Commenting on the acquisition, Peter Cox, CEO of ID Data Group plc, said:

'Completing the acquisition of the CredEcard business puts ID Data further up
the 'value chain' as the Company can now offer a full range of financial
services in the rapidly expanding pre paid card business, under the CredEcard
brand. The pre paid market is growing at a dynamic rate and the future for
businesses servicing this sector is exciting. We are now in a position to
aggressively tackle this market opportunity, in a sector that, historically, has
enjoyed higher profit multiples than our core card related businesses. The
acquisition will also allow us to further develop opportunities with our
existing European customers in retail, government, leisure and banking.' "

Thanks Harrycat,
Quite an upbeat statement from P Cox,market obviously not very moved by it,i guess even more patience is required to either reap rewards or watch the lights go out.

Gordon Brown calling for identity cards in Prime Ministers question time, on now.

I am on the verge of giving up on this one and taking a loss,can anyone think of a reason not to?

i cant think of a sound reason capetown. i'm feeling as stale as old crust!

Two trades gone through of over a mill each at .70,guess they know more than me,or have more money than me,All will be revealed.

i sold out a month ago. lost a bit as well. can't help thinking it will move, but i can't hang around forever. i will def buy in again but trying my luck elsewhere now and guess what....this new one even though it isn't a penny share ain't much better! oh the joys of learning painful investing lessons... dow jones at an all time high and me enjoying an all time low. good luck to all playing this game.

uksamoa, I sold out of vyke at 2p, after their prelims showed 10mil t/o and 4.1mill loss, (similar to idd's 12mill t/o and 3.8mill loss), now look at them, sh**

Home Log Out Upgrade Our Services My Account Contact Help



Stockwatch Level 2 Portfolio Charts Shares Magazine Research Quote Indices Market Scan Company Zone Traders' Room
NewsWatch Trades Terminal Alerts Stock Screener Heatmaps News Mobile Futures CompanyAV Investors' Room
World Markets Webcast Directory Bookshop Personal Finance Mortgages Forex Loans Credit Cards Simply Chart ISAs








ID Data Group PLC
05 September 2007

Press Release 5 September 2007

ID Data Group PLC

('ID Data' or the 'Company')

ID Data Group plc teams up with MasterCard(R)
to launch 'Tap & Go(TM)' payment technology

ID Data Group Plc (AIM:IDD), the smart card solutions and outsourcing business,
announces that it has delivered 'Tap & Go(TM) contactless payment cards for the
MasterCard UK launch of PayPass(TM), the MasterCard contactless payment
technology particularly well suited for small transactions.

ID Data today confirmed that it has successfully developed and delivered the
UK's MasterCard(R) Prepaid cards with PayPass(TM), the next generation of
contactless payment cards from MasterCard.

This project has shown that ID Data has the ability to compete in the new and
challenging environment of RFID secure payments and has a process that can
deliver flexible and innovative solutions in short timeframes.

MasterCard invited ID Data to participate in this project with a demanding time
scales for the launch of the first promotional PayPass cards in the UK.

'Tap & Go' contactless payments are seen as the next major step in the
development of card payment solutions which effectively replace the use of cash
in every day low value transactions.

The PayPass solution for the MasterCard UK launch targets small value purchases
where the card transactions do not have to be authorised online, but instead
take place between the chip within the card itself and the PayPass-enabled
reader. Once a preset offline spending limit for contactless purchases is met,
the cardholder must perform a CHIP & PIN transaction.

The associated convenience delivers major advantages for both the consumer and
retailer. The simplicity of operation makes each purchase considerably quicker
than cash or conventional debit / credit card transactions using conventional
chip and PIN technology.

PayPass functionality is expected to play a key role in payment cards issued
under the MasterCard brand in the coming years. As one of the manufacturers for
the UK launch, ID Data's state of readiness should allow it to gain additional
revenue from its financial and banking clients elsewhere in the UK and Europe.

ID Data Group CEO, Peter Cox, said, 'This major development has once again shown
ID Data has the internal skills and technology to deliver leading edge
solutions. ID Data has demonstrated not only its capability in producing
complex dual interface products but also in card personalisation and the loading
of pre-approved funds. We look forward to working with MasterCard on other time
sensitive developments in the near future.'

Commenting on the launch, MasterCard's General Manager for UK and Nordics, John
Bushby, said 'In the UK alone, there are currently in excess of 20 billion
payments under 10, with a value of approximately 200 billion a year. We
believe that MasterCard PayPass is the faster, and more convenient way to pay
for small purchases under 10. The Project Team at MasterCard have been
impressed by ID Data's speed to market capability given the technical
development work required.'

About ID Data

Formed in 1988, the ID Data Group plc is one of Europe's leading suppliers of
plastic cards and plastic card based solutions. ID Data has a strong history in
secure smart card product development and is a world leader in EMV smart card
transition. ID Data holds full MasterCard and Visa accreditation and provides a
wide range of end-to-end smart card based solutions to the banking, retail,
travel and government sectors.

About MasterCard

MasterCard Worldwide is a driving force at the heart of commerce, enabling
global transactions and bringing insight into the payments process to make
commerce faster, more secure, and more valuable to everyone involved. As a
critical link among financial institutions and millions of businesses,
cardholders and merchants worldwide, MasterCard provides services in more than
210 countries and territories. MasterCard advances commerce worldwide by
developing more secure, convenient and rewarding payment solutions, processing
billions of payments seamlessly across the globe, and building economic
connections that accelerate business.


For further information, please contact:

ID Data Group plc
Peter Cox, Chief Executive Tel: +44 (0) 1730 235700

peter.cox@iddata.com

Smith & Williamson Corporate Finance Limited
Azhic Basirov / David Jones Tel: +44 (0) 20 7131 4000

Media Enquiries
Abchurch
Henry Harrison-Topham / Chris Lane Tel: +44 (0) 20 7398 7700

henry.ht@abchurch-group.com








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





| Register | Our Services | About MoneyAM | Terms and Conditions | Privacy Policy | Investment Warning | Content Standards | Corporate Solutions | Advertise With Us |
2006 MoneyAM