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.

More good news...I hope it will kick start a rise in share price, this slide to oblivion has gone on too long,

too long indeed, lets hope some ass kicking of management has been applied, god knows they need it.

Azhar
Thanks for that hadn't seen it. Sounds like great news
if all this, or should I say when all this comes to fruition IDD shareprice should really take off
Patience everyone !

we are all " patients" in the IDD nut house

good luck

lol

last nights t.v prog. hot plastic about credit card fraud ought to work wonders for this share, how it can keep slipping remorslesly down with no trading activity is a mistery to me!!!..... ;~{{

I have been thinking of buying some shares in this company, so I have been doing some research I found this article dated 31st May 2004 it might be of some interest.

Biometric ID card trail kicks off in Glasgow takes us through the social political and technological problems that will accompany the home office pilot.

Volunteers are having their iris scans finger prints and facial biometrices recorded as part of a passport service trial that will see them issued with a demonstration smartcard containing all their details.

It would probably be helpful to the home office if the Glasgow trail to be both successful and popular.

Taken from usabilitynews.com

It does not say who is producing this smartcard.

Anyone know any more.

Hotrott

Hotrott....read post 245 19 May could be related.

a read through last few months posts leaves me totaly bemused with share performance over same period

Thanks Douggie,

Read the posts and am still interested although I don't think much will take place yet. There is some small sell trades going through which gives me the impression that a large investor is selling, if that is the case the price won't rise yet as the buys will be swallowed up by the selling order.

I have just e-mailed the company for some information keep you posted on what I get back.

Hotrott

News out at 5.51pm last night headline only "Government selects ID cards partner" taken from Electronics Government Magazine, this is a subscription site so I could not read full story.

It aint IDD I'm afraid Q!!!

Hi all,

4.75 today
Some Oct 2003 posters said 28p.I said 20 p less.Virtually all posters
subjected me to the most terrible personal abuse.
rgds aj

Why would anyone sell 100.000 shares at 4.25p when mid at 4.75??????????

A mistake somewhere ?
rgds aj

ID Data PLC
11 June 2004


Press Release 11 June 2004


ID Data plc to acquire CardBASE Technologies Limited

ID Data plc ('the Company'), the smart-card systems company, is to acquire
CardBASE Technologies Limited, a leading developer of smart card management and
prepaid purse solutions to the retail financial services market, subject to
approval by shareholders.

CardBASE Technologies, Dublin supplies prestigious customers with software to
mass issue smart cards in banking, retail and security environments. One of
Europe's leading central banks uses CardBASE's smart card management solution
MASCOT to issue smart cards with digital certificates as part of a public key
infrastructure (PKI). British Airways employs CardBASE to monitor and furnish
ex-gratia passenger and crew payments around the world. CardBASE supplies the
payments infrastructure for ValuCard, Nigeria, a system used by 43 banks.

For the 12 month period to December 2003, CardBASE sales revenues were 2.1
million and pre tax loss was 1.7 million. At time of acquisition net
liabilities will be 0.4 million having charged all development costs against
profits. Going forward, a combination of lower costs, together with new market
opportunities introduced by ID Data, should lead to a positive contribution in
the medium term.

The acquisition reflects ID Data's strategy of building a strong position using
intellectual-property products in the smart card arena, complementing revenues
derived from high-volume manufacturing. CardBASE products are licensed,
offering prospects for significant new customers and recurring revenues in the
coming years.

ID Data expects CardBASE's annual turnover to increase as its new parent company
introduces market opportunities among retail banks, which are mandated to adopt
smart cards to combat fraud by 2005 as well as other markets such as national
identity cards.

The acquisition consideration of 3.42 million (2.28 million) is being financed
by the issue of 32,639,973 million shares in ID Data plc priced at 7p for the
entire share capital of CardBASE. CardBASE's existing institutional
shareholders are also subscribing for 10,975,429 new ordinary shares in ID Data
at 7p for a total of 1.15 million (0.77 million). These funds will be used to
provide ID Data with additional working capital which will be used to grow the
CardBASE business and enhance its market presence. The new ID Data shares will
be held for a minimum of six months by the vendor institutional shareholders of
CardBASE who include, Bank of Scotland (Ireland) Ltd, a member of the HBOS plc.
ICC Equity, Eastbound Consultores e Servicos, Portugal and LTG International.
The senior management of CardBASE will remain to assist ID Data in developing
the business.

The acquisition is subject to the approval of ID Data shareholders, who are to
vote on the offer and the increase in share capital at an extraordinary general
meeting on 6th July, 2004.

Application will be made for all the new ordinary shares to be admitted to AIM.
It is expected that the new ordinary shares will be admitted to AIM on 7th July
2004.

Peter Cox, Chief Executive of ID Data plc, said: 'This important acquisition
strengthens our position as a provider of complete smart-card solutions,
enabling us to compete with the largest providers in the market. It better
equips us to supply not only banks, but also the UK and other governments that
are either considering the introduction of identity cards or reviewing their
requirements in that area.

'ID Data products already enable customers such as Capital One and Abbey to
generate high volumes of secure keys for chip-and-pin smart cards. CardBASE
will enhance our ability to win customers by delivering additional proven
technology that is currently being used by other major companies in our
markets.'

Maurice McHenry, Director of ICC Venture Capital & Software Partners, the
Dublin-based venture capital fund subsidiaries of Bank of Scotland (Ireland)
ltd, who are selling their majority stake in CardBASE to ID Data, said: '
CardBASE has proven skills and major clients utilizing software and smart card
technology. The merging of ID Data's card delivery solutions and software with
CardBASE will bring major opportunities for the combined business.'

For further information, please contact:
ID Data plc
Peter Cox, Chief Executive Tel: +44 (0) 1536 207 000
Email: peter.cox@id-data.co.uk www.id-data.co.uk
ICC Venture Capital & Software Partners
Maurice McHenry, Director Tel: +353 141 55367
Email: mmchenry@icc.ie
Media enquiries:
Bankside
Peter Curtain / Heather Salmond Tel: +44 (0) 20 7444 4140
Email: heather.salmond@bankside.com www.bankside.com
Notes to Editors:

ID Data plc (the 'Company') is a significant supplier of secure-transaction
systems and smart-card services to the international telephony, banking, retail,
and secure-access sectors. The Company's strategy, to move from commodity
products to value-added services and solutions, has created a solid platform on
which to build further growth. The Company's clients have included EDS (Post
Office Counters), Barclaycard, Vodafone, Nectar, Tesco, the Automobile
Association, Esso/Exxon and, in Poland, the Premium Club loyalty card scheme.
The Company has formed agreements with major global corporations to facilitate
rapid market development including partnerships with Toshiba and Toppan of
Japan. The Company has delivered in excess of 17 million chip cards to the
banking market in the UK.

The Company was founded in 1988 and was listed on the AIM market of the London
Stock Exchange in October 2000.



Ends

More pleasing news, 2nd price hike this week, 1st when nowtbut sell trades forweeks. xfinger for continuing rises. ;o}}

Stick with this one on the up. Looks undervaluedhttp://news.independent.co.uk/business/citywire/story.jsp?story=530510

Yet more evidence to remain very bullish about IDD
Iam definately holding on to my shares in this one

Cant make up my mind weather to add to IDD, this share moves very slow

Institutions appear to think ID Data is smart
Published: 14:38 Fri 11 June 2004
By Joanne Wallen, Associate Editor


Institutional investors seem happy to value ID Data at 7p per share even if the rest of the market is lacking in such confidence, but today's placing and acquisition add power to the smart card maker's story.
ID Data (IDD) is funding the acquisition of CardBase Technologies through a placing of 32.6 million shares at 7p, a considerable premium to where the shares were trading yesterday at just 4.88p.
This is the second time in the past three months that ID has raised cash at 7p, the first being in March when it bought card maker Mids & Horsey.
The company is paying 2.28 million for CardBase. CardBase's existing institutional shareholders are also subscribing for 10.9 million ID data shares at 7p, giving the company an additional 770,000 of working capital.
CardBase has developed card management software for smart cards, the chip-based cards that should by next year be used by all major banks. Any issuer of smart cards will need a card management system, and this includes the government if it goes ahead with the national identity card scheme.
Cox presented the ID Data solution for the identity card scheme a couple of weeks ago at a conference run by IT trade association Intellect and attended by Home Office and industry personnel to debate the next steps for ID cards in the UK.
Winning a contract to supply cards for the national ID project would clearly be a major coup for ID Data, and Cox believes the company has exactly the right technology for the job.
Cox reckons CardBase, a Dublin-based business, has had investment of some 30 million to date and has some 'very good products' that are a 'very good fit' with what ID Data does. He says the companies products are just what are needed by ID Data's customers.
Cox pointed out that AIM-listed Intercede, a CardBase competitor, has similar turnover and losses (CardBase turned over 1.38 million with losses of 1.1 million in the year to December) and is currently valued at about 8.5 million
CardBase has some high profile customers, including one of Europe's leading central banks, which uses its digital certificates software as part of its public key infrastructure (PKI) security system. British Airways also uses CardBase to provide smart card-based ex-gratia payments to passengers and crew that have been unable to get on over-booked flights.
'This acquisition takes us up the value chain and gives us more intellectual property,' said Cox.
As to actually selling the cards, things are apparently starting to pick up. The company announced at the end of April that it was negotiating the final stages of a deal with GE Capital to supply, personalise and distribute all GE Capital store cards in the UK. The agreement is expected to last two years and to generate additional annual revenues for ID Data of between 1.5 million and 2 million.
There should also be some further news of progress next week.
Shares are currently up 0.25p at 5.125p, valuing ID Data at 14 million.

Citywire Verdict:
It has been a hard slog for ID Data, but also for all of its larger smart card competitors.
Smart cards are gradually now starting to replace magnetic cards for banking purposes, and chip and PIN, where customers enter their PIN code at the point of sale, is starting to be adopted by UK banks and retailers
his should gather momentum as the 2005 deadline imposed by MasterCard and Visa on UK banks approaches.
We tipped ID Data at 4p in August last year for the high-risk punter only, and so far shareholders have had a bit of a roller coaster ride.
The shares may well have been held back by the number of institutions that have been made 'insiders' over the past few months with the recent deals pending, and who therefore have been unable to trade in the shares. It is possible that this situation will rectify itself after next week, but in reality the main thing that will put some momentum into the share price will be strong contract news.
Certainly worth holding on, and for those prepared to take a punt, it should be worth picking up some shares now at a 21% discount to what the institutions have paid. But we have said all along that the jury is still out on this one and it may remain out for a little longer yet.


http://www.citywire.co.uk/instrument/default.asp?vid=66018&kid=155&uid=&cid=&ctid=1&sid=&fid=&iid=&type=&dateEnd=11/06/2004%2023:59:59&rurl=/instrument/default.asp&PageNumber=3

Quote:
goldfinger - 14 Oct'03 - 09:21 - 2 of 265

Its started very well again this morning and is well up. Next resistance point on the carts is 25p, yes 25p. Should be shed loads to come.



Did you hold for 25p or sell g/f?