Stmnt re Share Price Movement
January 21 2004 - 9:59AM
UK Regulatory
RNS Number:4891U
ID Data PLC
21 January 2004
ID Data plc ("ID Data" or the "Company")
Statement re: Share Price Movement
The Board of ID Data has noted the share price movement over the last two days
and announces that it is in talks with a potential acquisition target. Further
details will be announced as appropriate.
For further information, please contact:
ID Data plc
Peter Cox Tel: +44 (0) 1536 207000
enquiries@id-data.co.uk
Durlacher Limited
David Rae Tel: +44 (0) 207 459 3600
Notes to Editors:
ID Data plc ("ID Data") is a supplier of secure-transaction systems and
smart-card services to the international telephony, banking, retail, and
identity sectors. The Company's strategy, to move from commodity products to
value-added services and solutions, has created a solid platform on which to
build further growth. The Company's clients include Vodafone, Nectar, Tesco, the
Automobile Association, Exxon Mobil and, in Poland, the Premium Club loyalty
card scheme. ID Data has formed agreements with major global corporations to
facilitate rapid market development including partnerships with Toshiba and
Toppan of Japan. The Company has delivered in excess of 12 million chip cards to
the banking market in the UK. The Company was founded in 1988 and was listed on
the AIM market of the London Stock Exchange in October 2000.
www.id-data.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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