Tired and Confused
24 Jan 2018
News 24 January 2018Tern Plc (AIM: TERN)Portfolio UpdateTern Plc (AIM:TERN), the investment company specialising in the Internet of Things ("IoT"
, provides an update on the recent activities of its key portfolio companies. InVMAAchieved £1 million committed sales orders in 2017 through securing new customers in OEM, Oil and Gas, Asset Rental and Manufacturing marketsKey contract wins were a UK/International Airport, Howden Process Compressors, MSE Hiller, MEMS and GCE Device Authority ("DA"2017 revenues impacted by delays in both customer implementation schedules and customer restructuringDA's new business pipeline remains strong, and the majority of the previous revenue target is now anticipated to fall in H1 2018DA secured a partnership with Thales, which DA believes will enable blockchain adoption with IoT and Enterprise IoT adoptionTern is confident that DA remains well-placed to become a leading international IoT security solutions provider:Underpinned by DA's securement of a new three-year contract with a global technology consulting and digital solutions company which commits a minimum of $200,000 over the three-year life of the agreementShareholder callTern looks forward to answering questions from shareholders during today's call at 10.30amTo dial in, please follow the instructions provided in the announcement dated 15 January 2018Those wishing to view the presentation via mobile or tablet using the WebEx app, the code required is 701 887 873 Al Sisto, CEO of Tern, said:"These orders and ecosystem expansions further demonstrate the progress our investee companies are making in terms of creating scalable business models in the fast-growing IoT markets. While customer/ partner timelines beyond our investee companies' control can push back our near term financial targets, the longer-term financial prospects of our portfolio companies remain strong. We are particularly pleased with the fast start InVMA has had in expanding its customer base with highly respected customers."Further informationInVMASince Tern's investment in September 2017, InVMA has secured new customers in OEM, Oil and Gas, Asset Rental and Manufacturing markets, with key repeatable annual contracts won. Amongst those are a UK/International Airport, Howden Process Compressors, MSE Hiller, MEMS and GCE.The InVMA team expansion is also underway, with two experienced sales managers now in place.InVMA continues to drive forward its AssetMinder(TM) product, which was only launched in September 2017 and which delivers real-time insights from remote and unmanned equipment and integrates DA's KeyScaler. An example of this is an Etisalat IoT Partner targeting the UAE & GCC countries. AssetMinder(TM) is deployed in Etisalat's Innovation Centre in the UAE. Device AuthorityContract and Strategic Partnership with a global technology consulting and digital solutions company ("the Client"DA has secured a new three-year contract with a global technology consulting and digital solutions company which commits a minimum of $200,000 over the life of the agreement. DA will receive an annual licence fee initially. There is no minimum commitment on licence fee subscription, so any devices shipped will provide DA with additional revenue. At this stage, DA is unable to provide details concerning the identity of the Partner. As is common in this sector, a customer must give permission for their identity to be released and this may not always be forthcoming due to the sensitivity and confidential nature of the services provided by DA.The Client will be expanding the range of IoT services offered to their global customer base, and DA's KeyScaler platform will be a core component of their new IoT security service, including device registration and credential management solutions. These services will be targeted at Industrial, Smart energy and Smart City based programs, as Ch
fish lips
16 Jan 2018
Re: Could be a recovery play.. What you need to remember is that this used to be an oil company that went the shape of a pear and became a cash shell and then was reinvented as TERN, therefore anything pre2014 can basically be ignored.
Maverick
16 Jan 2018
Could be a recovery play.. But seeing alltolds charts is putting me off!
Ripley94
15 Jan 2018
Re: Share Prophets article I saw this was up 54 % at one stage today.Great minds think alike or fools seldom differ ??
alltold9
15 Jan 2018
RNS/CONFERENCE CALL/DIRECTOR DEALS! Looking all very positive and conference call may tell us more!!!
Ripley94
12 Jan 2018
Re: Share Prophets article up and down 15% every other day it seems got a 9% spread.
hethersett62
10 Jan 2018
Thales Please see below and attached a news release issued by Device Authority, one of the portfolio companies of Tern plc, entitled ‘Device Authority and Thales announce partnership to Deliver Trust for IoT with HSMs’.Date of issue: January 10th, 2017"80% of all banking transactions (19 of the world's 20 largest banks) protected by Thales solutions.evice Authority and Thales announce partnership to Deliver Trust for IoT with HSMsSign up for our joint webinar on February 15thJanuary 10th, 2017 – LONDON, UK and FREMONT, USA - Device Authority, a global leader in Identity and Access Management (IAM) for the Internet of Things (IoT), today announces its first HSM partnership and technology integration with Thales eSecurity, the leader in advanced data security solutions and services, delivering trust in devices and data to enable increased adoption of the IoT.Device Authority’s KeyScaler platform (version 5.8 also announced today) integrates with the Thales nShield Connect hardware security module (HSM) to provide high-assurance device authentication, managed end-to-end encryption, and certificate provisioning for IoT devices, ideal for medical, industrial and other smart connected products. KeyScaler delivers a scalable, device-based authentication and authorization to establish a strong root of trust and identity assurance for IoT headless devices.“Our partnership with Device Authority enables us to solve device authentication and data security challenges that are impeding IoT deployments, creating a hardened system for issuing and managing device credentials and keys that are essential to creating a root of trust for customer IoT projects,” said Cindy Provin, CEO of Thales eSecurity.IoT presents considerable security risks, operational challenges and data security/privacy issues for organizations. The recent Mirai Botnet and its advanced successors, Persirai, Reaper have proven the importance of IoT device identity and credential management. KeyScaler uniquely combines device identity and end-to-end data security to address the security challenges for enterprise IoT operations.
Vipers Ox
10 Jan 2018
Turner off Cant help thinking that the word Exit in the loan to DA and Turners departure are connected - perhaps an offer has come in for DA & or Tern and 'Rich' feels his job is done?
Ripley94
04 Jan 2018
Re: Share Prophets article Well up again today ... So much for share Prophets.
Ripley94
02 Jan 2018
Re: Share Prophets article Posted on TCM bb that this and that had been slagged off on share prophets blog yesterday.Well this one up 30% today .. lol
rapid ranger
20 Dec 2017
device authority on the up This is the life saver, heard from reliable source the take up is bringing in massive business. Expect an update before xmasDevice Authority Signs Multi-Year Global OEM Agreement to Power Comodo CA IoT Security ServiceKeyScaler has been selected to integrate with Comodo CA IoT security services platform. The service will allow device manufacturers, ecosystem players and end customers to automate their PKI certificate provisioning and management for IoT devices.Device Authority NewsNovember 16th, 2017 – LONDON, UK and FREMONT, USA - Device Authority, a global leader in Identity and Access Management (IAM) for the Internet of Things (IoT), today announces its KeyScaler technology has been selected to integrate with Comodo CA IoT security services platform. The service will allow device manufacturers, ecosystem players and end customers to automate their PKI certificate provisioning and management for IoT devices. Comodo CA is expanding the traditional use of PKI to offer an automated platform that will allow PKI certificates to be managed throughout the entire lifecycle at volumes that can scale for the IoT market. The Comodo CA service, powered by Device Authority’s KeyScaler platform, will deliver:• Enhanced PKI customer experience in ordering, tracking, receiving and injecting of certificates on to devices• The ability to prevent cloning or counterfeiting either as a base service or in conjunction with use of TPM• Post device deployment (aftermarket) credential management services• ‘Retrofix’ of old, insecure certificates or keys on the devices already deployed through a firmware upgrade procedure• Code signing and secure update service.• Integrity validation check service“Recent news headlines continue to highlight the lack of security in IoT devices, which allows hackers to intrude and expose vulnerabilities – as shown with Mirai and Reaper,” said Damon Kachur, Head of IoT Solutions at Comodo CA. “Together with Device Authority’s KeyScaler technology, we empower the ecosystem or organisation to react quickly by automating the updating of certificates to protect their devices and/or mitigate an attack.”As the IoT continues to develop smart connected products and technology is being deployed for critical use cases, such as medical devices and industrial IoT, stronger security is required.“The IoT market will hugely benefit from KeyScaler’s automated bulk provisioning service within Comodo CA’s IoT PKI security offering,” said Darron Antill, CEO of Device Authority. “We are speaking with many ecosystem players and end users, with opportunities across various verticals for our unique joint offering which is the first of its kind.”
Ripley94
04 Dec 2017
Re: Share Prophets article Well share prophets blogged under Cynical bear a few days ago.Nigel Somerville slagging again today.I think they deal in the shares they comment on .
Ripley94
30 Nov 2017
Re: Share Prophets article well looks like you might get another chance fish lips,Nigel Somerville ( S.P ) at it again "Death Spirel " "keep selling" .I wonder do they trade it ?
fish lips
16 Nov 2017
Re: Share Prophets article I nearly topped up when it dropped back to below 3p..Doh..oh we
Ripley94
16 Nov 2017
Re: Share Prophets article RNS.. Contract win up 30%.I can not get my head around the momentum chart followers or even the use of a stop loss on AIM.This ones been falling for some weeks then this 30% one day rise.That is my experiences typical of the AIM market .
