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.

But was it a buy????Probably was,should be able to tell better tomorrow,me thinks.

Any thoughts gf?

i know it's a long time since you started this thread so i'll take that as 'nothing to do with me now' type of answer-lol
If idd get going again....maybe some one could start a new thread with up to date positive info and the like.....we will leave that for better times me thinks.

its quiet here!
the price is on the up, folks
bouncing off support around 2p
and on a down-day for the market, too...

Anyone got any broker forecasts for this one?

Looks cheep & its been oversold.

goal - you once posted info about BSkyB and the introduction of the Skycard. We now know that the Skycard is in conjunction with Barclaycard. Do you know whether IDD make Barclaycard?

Seems to me that IDD could do a lot better on the PR/information front. For example, the introduction of Tesco Clubcards' keyfobs last year. These must have gone out to millions in the UK. Well you'd have to trawl their website to find the info, and it's presented almost as mere technical issue, rather than an excellent commercial move.

Hi Madison, this info came from IDD website. Customers include Tesco, Barclays, Esso, Marconi, BT, Safeways, Boots, Allsports & Nectar potentially the largest loyalty scheme in Europe,I hope this helps you. goal.

http://www.id-data.co.uk

Thanks goal. Yes I knew Barclays were a customer, just being cautious because that doesn't necessarily mean Barclaycard, does it? It will be interesting to get more news on the Skycard.

I think Vodafone, Exxon Mobil and The AA are also on the list of customers.

Forgot about the Post Office.I agree with you that IDD could do better on the PR/ information front, goal.

Can any one tell me if Idd are involve in the oyster card trials? goal.

goal,don't think so but would be good if they did:

Oyster card could shell out for small purchases
By Rebecca Knight
Published: March 5 2005 02:00 | Last updated: March 5 2005 02:00

The Oyster smartcard used by commuters could pay for small purchases such as milk and newspapers, London transport chiefs said yesterday.


Transport for London plans to team up with financial institutions to widen the scope of the cards, which are used by more than 2.2m passengers.

Charles Monheim, director of TfL's Oyster project, said: "Britain's 266bn cash market is now getting unlocked. The benefit will be that you will have one everyday card that's fast and easy. You can use it at a newsagent, at a pub and to pay for parking."

Mr Monheim said that TfL was acting in line with a European Union directive requiring electronic money issuers to meet the regulatory requirements of banks, which made it more attractive to partner with an financial institution.

"This is not our core business but [transport] is a fabulous foundation on which to build this scheme," he said.

Possible partners include banks, credit card issuers or even mobile phone groups, and trials could start at the end of the year.

Sam Kingston, managing director of UK commercial business at EDS, part of the consortium that owns the Oyster brand, said the scheme would succeed. "When you have a killer application such as transport and a well-known card like Oyster, you're going to be able to position that card to do other things," he said.

This will not be the first such experiment. In 1993, a consortium of banks and BT, the telecommunications group, launched the Mondex card, which contained a computer chip loaded with cash from a bank account.

The card, which enabled customers to make purchases from vending machines, through pay phones and over the internet, was tried out in about 20 countries but hardly got beyond the test stage.

Tim Jones, the inventor of Mondex and now a consultant to Simpay, a mobile phone payments group, said: "We were starting from scratch and were frankly too early.

"What Oyster are planning to do is quite sensible and there's considerable precedent, particularly in Hong Kong where the Octopus card has become a widely accepted electronic currency."

Thanks banjomick, I feel that there is something is about to be announced soon, call it a gut feeling if you like but Idd must be working on new contracts or improving existing ones,dyor.goal.

dont know much on this stock but the price
has become tempting now,

even more so today ake144 wish I had some spare cash .......I bought loads at 7p............and still holding ;-/ :-[

Hello Douggie, I am still here too.