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.

what should we make of that late T trade of 2.250.000 @ 3.o2p?? a brill day, huge trade no's tho little mark up, positive news MOnday then well!!!!!!!!

:o))

Douggie: That T trade would explain why the price was being held back despite persistent buying on Thursday and Friday. Friday's final tally was 3,741,181 buys v 2,380,000 sells so we are still moving into positive territory. With the Bill's second reading on Monday I would expect this stock to get even more attention next week.

Identity Cards Bill
Power of Secretary of State to require registration
(1) The Secretary of State may by order impose an obligation on individuals of a description specified in the order to be entered in the Register.
(2) An order under this section may impose an obligation on individuals required to be entered in the Register to apply in accordance with section 5 to be so entered.
(3) An order which imposes an obligation to make such an application must set
out
(a) the time when the requirement to make the application arises; and
(b) the period after that time within which the application must be made.
(4) An individual who
(a) contravenes an obligation imposed on him by provision made under subsections (2) and (3), or
(b) contravenes a requirement imposed on him under section 5(4) in connection with an application made in pursuance of such an obligation, shall be liable to a civil penalty not exceeding 2,500.
(5) An individual required to be entered in the Register by virtue of this section who contravenes a requirement imposed under section 5(4) otherwise than in connection with such an application shall be liable to a civil penalty not exceeding 1,000.
(6) An individual who has contravened an obligation imposed on him by provision made under subsections (2) and (3) and on whom a penalty has been imposed under subsection (4) in respect of that contravention shall be liable to a further civil penalty not exceeding 2,500 in respect of each subsequent occasion on which
(a) a notice is given to him by the Secretary of State requiring him to make an application to be entered in the Register; and
(b) he fails to do so within the period specified in the notice.

Douggie: It's worth noting that trade across the markets was affected by triple witching in the US and double witching in London, as options, index options and futures contracts all expire simultaneously. That would have made the MMs nervous. Now that it's out of the way, they should be back to normal on Monday.

For many UK citizens the identity card will be issued as passports come up for renewal or for first time applications. The Home Office, the UKPS and other government departments will now start to lay the foundations for the scheme, which will establish a more secure means of proving people's identity. As part of this process, the UKPS will progress its major anti-fraud and secure identity initiatives including the addition of a biometric to the British Passport.

The Identity Cards Bill was introduced to Parliament on 29 November 2004.

The Bill's second reading is on 20 December 2004

.....ID Data has developed a range of secure solutions for the UK and international
markets in this fast-growing sector. A significant proportion of Europe's 450
million-strong population will require identity cards, plastic drivers' licences
and health cards thus offering significant potential. The acquisition of
CardBASE, together with our secure-production, position us well to provide local
and national identity solutions.

We believe that as the only British-owned smart-card company, we are uniquely
placed to participate in any introduction of national ID cards in the UK, having
contributed to the consultation process and formed strategic alliances to offer
a comprehensive and compelling solution.

Don't forget the Indentity Card Bill's second reading is today, 20 December 2004

and likely to have plenty of labour opposition not to mention angry tories...

grevis2 thanks for posts, apart from my interest here I am totaly in favour of ID cards having nothing to hide, let us put pressure on those who have!

Morning Douggie: I'm with you! The papers are full of comment this morning.

December 20, 2004

ID cards defend the ultimate civil liberty
CHARLES CLARKE
From preventing benefit fraud to winning the War on Terror, why I am supporting todays Bill

.. ID cards will potentially make a difference to any area of everyday life where you already have to prove your identity such as opening a bank account, going abroad on holiday, claiming a benefit, buying goods on credit and renting a video. The possession of a clear, unequivocal and unique form of identity in the shape of a card linked to a database holding biometrics will offer significant benefits.

Moreover, their help in tackling fraud will save tens of millions of pounds of taxpayers money. Some 50 million a year is claimed illegally from the benefits systems using false identities. This money can be far better spent improving schools and hospitals and fighting crime and antisocial behaviour.

here here!

Douggie:

From another BB: IDD up 1 on the offer pressure on. WINS now on 4p offer. lol

House of Commons Session 2004 - 05

Summary Agendas and Orders of Business

Summary Agenda 20 December 2004

3.30 p.m.

Identity Cards Bill: Second Reading (may continue until 10.00 p.m.).

ID Data 02/12/04

In the first half, banking and financial sector sales were up 135 pct, helped by two major contract wins. Retail card sales were up 154 pct, helped by loyalty and gift cards.

The card industry is now showing very strong demand across all sectors.

ID Data said it sees an opportunity in the government's plans for a national ID card as it is the only British-owned smart card producer.

Since the end of the half-year, turnover for October and November 2004 has been 3.3 mln stg with a visible sales pipeline of 4.8 mln into March 2005, the group added.

Chairman Michael Blackburn said that, having made significant progress, the company is focused on improving production efficiency and global reach to achieve profitability. A significant step will be the relocation of the Lewes plant and equipment which is capable of producing 200 million cards a year.

To this end the group is currently in negotiation with potential joint-venture partners to establish a low-cost manufacturing site in eastern Europe.

With the card market increasingly buoyant, ID Data is well placed to build on its recent successes in reinforcing its position as a quality provider of technology and end-to-end solutions and achieving sustainable, predictable growth, the board said.

newsdesk@afxnews.com

Hummmmmmmmmm looks like that 2.75ml was a sell !!!!!!!!!!!

musnt xpect too much only leeds to dissapointment x/finger ;o\

At-a-glance: ID card plans
A guide to the key details of the government's Identity Card Bill.

BASIC PLANS
The bill would allow the creation of a national identity card scheme.
The cards would be linked to a new identity register with details including people's name, date of birth, nationality, immigration status and address.
The register would also contain biometric details, such as iris patterns or fingerprints.

THE REGISTER
The government says it would give people a convenient way of proving their identity and a secure way of identifying people for national security, detecting crime, enforcing immigration controls, preventing illegal working and providing public services.
Newly arrived foreign nationals coming to live in Britain will have to register by 2008.
People would be able to check their own details on the register.

PASSPORTS
The bill allows the home secretary to implement his plan to make it compulsory for everybody applying for a new passport from 2008.

COSTS
People would pay 85 for a 10-year passport and ID card together, but could buy an ID card separately. No fee has been decided.
The Home Office estimates it will cost 415m to issue biometric passports by 2008/9 and another 85m each year to issue ID cards.

COMPULSION
Former home secretary David Blunkett said he wanted Parliament in about 2011 or 2012 to consider whether to make it compulsory to own, but not carry, ID cards.
To make them compulsory, the government would have to: Publish a report explaining its reasons and how it would work and put it to a vote in both Houses of Parliament.
Ministers say they do not expect compulsion until 80% of people have the cards anyway - although this is not spelled out in the bill.

SHARING INFORMATION
Approved authorities would be allowed access to "limited parts" of people's details on the register, with the person's consent, so they could check somebody's identity.
The rules could restrict the information available, such as the previous names of transsexual people.
Details could also be given without consent to police, intelligence agencies, customs and tax authorities and certain government departments for preventing and detecting serious crime, ensuring national security, investigating benefits fraud and protecting Britain's "economic well-being".
There would be regulations so those asking for information without consent would have to be of a certain rank and have to explain why.
Home Secretary Charles Clarke has warned those accessing information without permission would be punished with a two-year jail term.

ACCESS TO PUBLIC SERVICES
The cards could be used to check whether people were eligible to use public services, such as the NHS or receiving benefits.
Any rules on checks for use of public services would have to be approved by both Houses of Parliament.

PENALTIES
If the cards became compulsory, people could be ordered to pay up to 2,500 by the civil courts if they fail to register.
People who are told to sign up for cards but then fail to provide the right information, perhaps as part of a protest, could face a civil fine of up to 1,000 and another fine of up to 2,500 if they fail to meet the next deadline.
Those failing to update their information on the register with the authorities face a civil court fine of up to 1,000.

CRIMINAL OFFENCES
There would be an offence of possessing false identity documents or the equipment to make them - with a maximum of 10 years in prison.
Anybody found with somebody else's ID documents without reasonable excuse would face up to two years in jail.
Disclosing information improperly would carry up to two years in jail.
Knowingly giving false information for the register could be punished by two years imprisonment, a fine or both.
There would be a maximum 10 year jail term for anybody tampering with the register.

WATCHDOG
A new national identity scheme commissioner would oversee the project and produce an annual report to go before Parliament, with certain exceptions.
Use of the system by the intelligence agencies would be handled instead by the intelligence services commissioner.

ID cards in other countries
As the move towards identity cards in the UK gathers pace, BBC News Online takes a look at how a selection of other countries deals with the issue.
France
Voluntary (police can request confirmation of ID but cannot demand the card) Used to prove ID to open bank accounts, in financial transactions and as a travel document within the EU Contains basic personal information, but no biometric data. Not used to get health or education services
Germany
Compulsory Police, local government and customs business Cards have PIN and other personal details
Italy
Compulsory (police can ask to see it) To open bank accounts and for financial transactions and travel within EU Contains basic personal information, but no biometric data. Not used to get health or education services

The Government has won backing for its controversial Identity Cards Bill with a majority of 213 votes.

Tory and Labour rebels failed to block Government plans to press ahead with the scheme.

GF,any comment-lol

Great news!