MIRA INFORM REPORT

Report Date :

07.03.2011

IDENTIFICATION DETAILS

Correct Name :	DATASCOPE CORP (MAQUET CARDIOVASCULAR)

Registered Office :	2711 Centerville Road Suite 400, Wilmington New Castle Delaware 19808

Country :	United States

Date of Incorporation :	05.10.1989

Legal Form :	Corporation for Profit

Line of Business :	Medical Device Company.

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

Payment Behaviour :	Regular

Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – December 31, 2010

Country Name

Previous Rating

(30.09.2010)

Current Rating

(31.12.2010)

United States

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

GEOPOLITICS - UNITED STATES

POLITICAL DATA

ECONOMIC DATA

Form of Government: Federal

Economic Risk: Nil

Currency: USD

Branch Situation: Stable

IDENTIFICATION

Ordered as:	Datascope Corp
Address in the order:	15 Law Drive Fairfield, NJ 07004

Legal Name:	Datascope Corp (Maquet Cardiovascular)
Trade Name:	Maquet Cardiovascular
Legal Address	2711 CENTERVILLE ROAD SUITE 400 WILMINGTON NEW CASTLE DELAWARE 19808 (Registered Agent)
Operative Address	15 Law Drive Fairfield, New Jersey 07004-3206
Telephone:	+1 (973) 244-6100	ID :	2209780
Fax:	+1 (201) 391-9205	Legal Form:	Corporation for Profit
Email:	NA	Registered in:	Delaware
Website:	http://ca.maquet.com	Date Created:	1964
Manager:	Antonino Laudani, President	Date Incorporated:	October 05, 1989
Staff:	765	Stock:	NA
		Value:	NA
Activity:	Medical device company.

BUSINESS

HISTORY
	The company was founded in 1964. On January 30, 2009, the company was acquired by MAQUET Inc and it incorporated the name MAQUET as a trade name.
PRINCIPAL ACTIVITY
	The subject operates as a medical device company. It offers products for clinical health care markets.
Sales are:
	Wholesale
Clients:
	Various Industries
Operations area:
	National, International, Local
Trade References:
	The person contacted refused to provide the names of their suppliers for us to check the trade references.
The subject employs 765 employee(s)
PAYMENTS
	regular
LOCATION
Headquarters
	The company is headquarted at 15 Law Drive Fairfield, NJ 07004, USA.
Comments on location:
	The company is incorporated in Delaware for tax purposes. However, it is headquarted in New Jersey.
Branches:
	This company has several locations.

Shareholders - Manager - Related Companies

Shareholders Parent Company(ies):
	This is a private company. It is a subsidiary of MAQUET INC, which in turn is a wholly owns subsidiary of Getinge AB.
Management:
	Mr. Christian Keller, CEO and President Mr. Henry M. Scaramelli, Chief Financial Officer

Financials - COMMERCIAL TRENDS AND FORECAST

As a private company the subject does not publish any financial statements.

We have contacted a representative from the accounting department who refused to provide us any financial data on grounds of confidentiality/without knowing the name of the inquiring party.

Comments on the financial data: Even though we do have payment experience, no trade references were provided. No financial information could be gathered.

Legal Fillings

There are 522 UCC** files listed with the Secretary of State of New Jersey.

There are no legal filings listed with the District Court.

THE COMPANY IS NOT LISTED ON THE OFAC LIST.*

For information:

* The Specially Designated Nationals (SDN) List is a publication of OFAC which lists individuals and organizations with whom United States citizens and permanent residents are prohibited from doing business.

** The Uniform Commercial Code (UCC) is one of a number of uniform acts that have been promulgated in conjunction with efforts to harmonize the law of sales and other commercial transactions in all 50 states within the United States of America.

The UCC deals primarily with transactions involving personal property (movable property), not real property (immovable property).

It allows a creditor to notify other creditors about a debtor’s assets used as collateral for a secured transaction by filing a public notice (financing statement) with a particular filing office.

The Uniform Commercial Code Bureau files and maintains on financial obligations (including IRS liens) incurred by individuals (in business as a sole proprietor), business entities and corporations.

Rating

Local credit bureau gave a CORRECT credit rate.

The company is in Good Standing. This means that all local and federal taxes were paid on due date.

Final Opinion

This is a big sized company with 765 employees, and 46 years of experience.

Even though we do have payment experience, no trade references were provided. No financial information could be gathered.

Therefore, we suggest working with GUARANTEES.

SUMMARY

FINANCIAL SUMMARY		DEBT COLLECTIONS AND PAYMENTS
Profitability	N.A.	Public Records	NO
Indebtedness	N.A.	Payments	REGULAR
Cash	N.A.

APPENDIX

Position
	Representative from the Accounting Department
Comments
	We have contacted a representative from the accounting department who refused to provide us any financial data on grounds of confidentiality/without knowing the name of the inquiring party.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.99
UK Pound	1	Rs.73.24
Euro	1	Rs.62.80

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.