The GeoAmida, a low cost computing device previously known as the Simputer, that BSE listed Geodesic Ltd had acquired in 2005 has got a new lease of life with India's increased focus on e-governance and plans for a National ID project. With the Indian government now focusing on e-governance, the partnerships that the company has struck and the deployments already in place, Geodesic is rather bullish on the segment, and the GeoAmida. Q1-10 Details: Results | Earnings Call | Presentation What's rather interesting is that Geodesic had written off the entire acquisition cost of around Rs. 225 million (or Rs. 22.5 crores) in 2007-08, only for the project to be resurrected. During a recent earnings conference call, the company outlined the opportunity for the Simputer over the next three years: 1. National ID Project: Geodesic has its fingers crossed in this case. The entire pilot…
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