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 do like the bounce...(hope we don't see the usual ( boing before a few more bouncs )always brings out the sellers!!!!!!!!! ;-\

;o)) ...X/finger

blue again :o)..bounce

look out here they come sell sell sell !!!

Payment Leaders Introduce LaunchPAD - the Industry's First Complete Program to Help Banks Harness Potential of Pre-Authorized Debit

Thursday November 4, 10:23 am ET


VeriFone, Mosaic Software and ID Data Systems Join Forces to Deliver End-to-End Low-Risk Debit Solution to Maximize Banks' EMV Infrastructure Investment
PARIS, Nov. 4 /CNW/ -- VeriFone, Mosaic Software and ID Data today announced at Cartes 2004 the launch of a major new program aimed at helping card-issuing and acquiring banks maximize their investment in EMV. The first initiative of its kind, LaunchPAD is an agreement between VeriFone, Mosaic Software and ID Data to deliver an end-to-end solution for the implementation of Pre-Authorized Debit (PAD) -- a new offline payment method that slots into existing EMV infrastructure as an extension to credit and debit. LaunchPAD will enable issuing and acquiring banks to target new customer segments through the deployment of low-risk payment products based on smart cards.

http://uk.us.biz.yahoo.com/cnw/041104/fl_mosaic_launchpad_1.html

Regards goal.

http://news.bbc.co.uk/2/hi/uk_news/4020023.stm

good to see some buying interest returning, could it be in antisipation of 'possibility' of I.D. cards.....will IDD be a major player in this field?

Idd are the British leaders in this field, if thay dont get the contract I think thay will have a part to play, apart from that there must be other contracts in the pipeline shorley! goal.

goal,all this news about id cards(again)should bring a bit of interest in idd but doubt it will be great unless the gov.make a positive announcement ie,give a time scale for implementation along with naming the companies who will be concerned in producing the cards.The Launchpad venture looks more promising in the short time,imho

If they go through with this id card scheme who are the fav.to get get the bulk of the contract?

Could be on the move up soon, looks like its botterming out.goal

Agreed
Good time to get in,really cheap just now

It will not take too much news to get back to 5/7p from this discounted current price. Douggie,are you holding on? goal.

goal...very tightly...and wishing...and hopeing... there must be enough folk out there who are lucky enough to overcome my jinx, I have managed to drag it down 65% since I bought! so clutching straws, maybe my luck has turned (should't even think this) but my other two holdings RTD..and CHY have taken a strong turn for the better, both poised to rocket... unless the fates have it in for me of course.

off to Egypt(tempting the fates) to take there mind off here, not the safest place to go at mo.......

best wishes and good fortune to my fellow holders

;o\

Douggie,Nice to here from you again on this thread, I hope Idd are looking more healthier when you get back.Have a good time. goal.

just got this off advfn thread..

as was posted, even if they secure a measly 1 or 2 percent of the market, its big money........'

LONDON (AFX) - The government has admitted that the cost of introducing identity cards will be almost double its original estimate of 3 bln stg, the Financial Times reported.

The Home Office now estimates that the introduction of identity cards will cost 5.5 bln usd to get running over 10 years, the financial broadsheet said.

Douggie,is it possible that you can stay in Egypt for the next six mounths or so,you were wright you are a jinx to Idd. Only joking.goal.

i hope it keeps going, kicking myself for not taking v good profit earlier in the year, looks like we could be returning to those days & highs !

There must be something happening in the backround that somebody knows about. We have had massive increases for the last 3 days and the volume is getting heavier. Any one know what or is just rumours re: ID Cards etc..

Results...http://moneyam.uk-wire.com/cgi-bin/articles/200412020700209104F.html