ID Data Systems Ltd

14 results about this entity

Period: 14 Jun 2004 - 18 Mar 2009

ID Data rescued from administration

UK smart card systems vendor ID Data has been rescued from administration by a special purpose investment vehicle set up by founder Peter Cox.

ID Data files for administration

UK-based ID Data Group says its core unit - ID Data Limited - has filed for administration in a last-ditch attempt to secure a sale of the business.

Altair unveils pre-paid contactless PayPass wrist watch

UK pre-paid card outfit Altair Financial Services has unveiled a wrist watch featuring MasterCard's PayPass contactless payments technology.

ID Data gets £2.2m bid for credEcard unit

UK smart card systems vendor ID Data has received a £2.2 million bid for its credEcard pre-paid card unit from Contis Group, a newly formed company that is being established by its chief executive Peter Cox.

ID Data buys pre-paid card outfit CredEcard

UK smart cards systems vendor ID Data has signed an agreement to acquire the business and assets of CredEcard, a loss-making provider of pre-paid card services, for a total consideration of up to £725,000 in cash and shares.

ID Data reports Buypass Multos smart card contract

Struggling UK smart card systems vendor ID Data has won an exclusive contract worth $800,000 to supply Multos smart cards to Buypass, a Norwegian provider of card payment and authentication services.

ID Data rises on funding news

Shares in UK smart card systems vendor ID Data jumped in morning trading on the back of news of a funding deal.

ID Data struggles in depressed markets

Troubled smart card systems vendor ID Data says due to continued difficult trading conditions its net assets are now less than 50% of its paid up share capital and it has called an extraordinary general meeting (EGM) to consider steps to "deal with the situation".

ID Data slips on sales warning

Shares in UK smart card systems vendor ID Data dropped over 20% in morning trading after the company warned that full year sales were hit by increased competition and profits were hit by contract delays.

ID Data ticks up on investor disclosure

Shares in ID Data have ticked up following the disclosure by financial conglomerate Fidelity International Limited of a non-beneficial interest in one million ordinary shares in the UK smart card systems vendor, representing 8.40% of its entire issued share capital.

ID Data to raise £4m

UK smart card systems vendor ID Data is to raise £4 million in a share placing and loan note conversion in an attempt to secure the future of the company.

ID Data looks to raise £6m working capital

UK chip and mag-stripe card systems vendor ID Data says it will need to raise an additional £6m in working capital as the firm reports trading losses of £4.6m for the year ending 31 March 2005.