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.

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.

anyone know why the price is falling?

I was hoping u can tell us !!!

i think it is time to post results, so is it possible the city knows something negative?

been holding these since I bought @11p and again @ 9.25p. so loosing a lot :(((

i went in and out late last year and lost money unnecessarily. would think they are well placed for a boom sector, but the share price doesn't seem to follow. i guess the fundamentals/balance sheet aren't what they should be???
read in i/c that if they do get it together they would become the target for institutional investors, but it ain't looking that way today.
the trading range has been huge though, relatively, over a matter of a few days in the last 6 months. (as you no doubt know)

Sudden rash of buys in the last 45 minutes....???

i'm thinking (and this is just guessing) price fall to 1.5 around results, then stronger year, moving price up to previous strength around 4p.
probably absolute b*****ks, of course!

Monday March 14, 05:05 PM
WINBC: Winners of Wireless Adoption Contest Demonstrate Wireless is Driving Change; Four Exellence and Three Leapfrog Awards Winners Announced at CTIA



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Does any one know what the 2,672,500 B trade was, I would like to think its a buy, if it is, can we read any thing into this???.goal.