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MIRA INFORM REPORT
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Report No. : |
486795 |
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Report Date : |
20.01.2018 |
IDENTIFICATION DETAILS
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Name : |
ENTRUST DATACARD CORPORATION |
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Registered Office : |
160 Greentree Dr Ste 101, Dover, Kent, DE, 19904, USA |
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Country : |
United States |
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Date of Incorporation : |
11.03.1969 |
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Legal Form : |
Corporation |
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Line of Business : |
Subject
offers identity and secure transaction technologies for financial, government,
corporate, education, healthcare, retail, and transit industries worldwide. |
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No. of Employees : |
1500 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A+ |
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Credit Rating |
Explanation |
Rating Comments |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Exist |
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
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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United States |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
UNITED
STATES - ECONOMIC OVERVIEW
The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.
In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.
Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.
The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.
Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.
The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.
Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.
In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.
In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.
In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed has opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.
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Source
: CIA |
STATUTORY
INFORMATION
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Legal Name: |
ENTRUST DATACARD CORPORATION |
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Trade
Names: |
ENTRUST DATACARD CORPORATION |
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ID: |
705421 |
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Date Created: |
1969 |
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Date Incorporated: |
3/11/1969 |
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Legal Address: |
160 GREENTREE DR STE 101, DOVER, KENT,
DE, 19904, USA |
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Operative Address: |
1187 Park Place Shakopee, MN 55379 United States |
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Telephone: |
952-933-1223 |
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Fax: |
952-931-0418 |
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Legal Form: |
CORPORATION |
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Email: |
NA |
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Registered in: |
DELAWARE |
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Website: |
www.entrustdatacard.com |
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Contact: |
Mr. Todd G. Wilkinson - Chief Executive
Officer and President |
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Staff: |
1500 |
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Activity: |
SIC Code 3579,
Office Machines NAICS Code 333318, Other Commercial and Service Industry Machinery Manufacturing |
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Banks: |
BANK OF AMERICA |
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History: |
The company was founded in 1969 by
Willis K. Drake. Entrust Datacard Corporation was formerly known as DataCard
Corporation and changed its name to Entrust Datacard Corporation in 2014. |
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Key Developments: |
Entrust
Datacard Announces New Integration with ConnectWise to Simplify SSL/TLS
Certificate Management for Managed Service Providers Dec 12
17 Entrust
Datacard announced that the company’s Entrust Certificate Services™ platform
has integrated with ConnectWise, a company that transforms how technology
solution providers build, manage, and grow their businesses. The new
integration for ConnectWise Manage is designed to make it easier to order and
manage SSL/TLS certificates. Managed Service Providers (MSPs) will have the
ability to order, quote, and setup expiration notifications to centrally
manage clients’ digital certificates. Maintaining security for multiple
client websites is challenging to keep up with. Digital certificates are
often managed in multiple places, or managed manually, making it more
difficult to stay on top of the certificate expirations and obsolete
technology that cause business disruptions. Certificate Management — in a
'single pane of glass' — displays the key information needed for active
SSL/TLS management when and where it’s most needed. Through centralized
certificate management, users will be able to: Place orders and manage
expirations and certificate details in ConnectWise Manage; Automatically
configure in ConnectWise Manage to track certificate expiry (available in
early 2018); Issue one-click certificate quoting, ready for forwarding
(available in early 2018); Provide unlimited servers licensing and unlimited
reissues. Entrust
Datacard Corporation Presents at IoT Tech Expo North America, Nov-29-2017
through Nov-30-2017 Nov 28
17 Entrust
Datacard Corporation Presents at IoT Tech Expo North America, Nov-29-2017
through Nov-30-2017. Venue: Santa Clara Convention Center, Santa Clara, California,
United States. Presentation Date & Speakers: Nov-29-2017, Greg Wetmore,
Vice President Product Development, Josh Jabs, Vice President, Office of the
CTO. Nov-30-2017, Ranjeet Khanna, Director Product Management – IoT and
Embedded Security. Entrust
Datacard Joins Forces with NASA Jet Propulsion Lab Nov 27
17 Entrust
Datacard announced that it has won a contract from NASA’s Jet Propulsion
Laboratory (JPL) in Pasadena, California to help develop frictionless and
highly secure user access to information systems. Entrust Datacard will
participate in an advanced authentication lab at JPL aimed at innovations
that provide an authentication experience that can increase security while
transforming the user experience. As the workforce becomes more remote and
mobile devices are becoming a primary computing device, it is important that
users are fully enabled to perform tasks securely — across all platforms —
with as little disruption as possible. Entrust Datacard™ robust
authentication solutions provide their users with streamlined access to an
authentication engine that includes high levels of adaptive authentication
capabilities. Entrust Datacard’s role in the authentication lab will focus on
the user experience — enablement, productivity and satisfaction — with a goal
of eventually eliminating the need for passwords and move beyond traditional
smart cards, empowering employees to work natively from the phone and also
leverage it as an aspect of their digital identity. An adaptive experience
applies intelligent security capabilities behind the scene to deploy and
solve security needs. By unlocking a positive user experience, NASA JPL
experts will be able to focus on the extraordinary and not the barriers
preventing them from accessing critical work applications. |
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PRINCIPAL
ACTIVITY
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Entrust Datacard Corporation offers
identity and secure transaction technologies for financial, government,
corporate, education, healthcare, retail, and transit industries worldwide. |
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Products/Services description: |
It offers financial cards, passports,
and ID cards; and digital realm of authentication, certificates, and secure
communications. The company provides instant card issuance, transaction
security, mobile authentication, high-volume card issuance, border control,
e-government, citizen ID program, credential lifecycle management,
authentication, identity credential management, SSL certificates, and
employee ID solutions. |
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Brands: |
ENTRUST DATACARD |
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Sales are: |
Wholesale |
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Clients: |
Dcg Mexico S De Rl De Cv Identatronics De Mexico Sa De Cv Intecsus S A S. Segres Systec Sa Vidortec Sa. Information Security Sa |
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Suppliers: |
Datacard Systems(Suzhou)Co.Ltd Alps Electric Co Ltd Mct Cards & Technology Pvt.Ltd |
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Operations area: |
National and International |
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The company imports from |
CHINA JAPAN INDIA |
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The company exports to |
MEXICO COLOMBIA PERU ECUADOR PARAGUAY |
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The subject employs |
1500 employees |
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Payments: |
Regular |
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LOCATION
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Headquarters : |
1187 Park Place Shakopee, MN 55379 United States |
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Comments on Address: |
- |
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Branches: |
Entrust Datacard Dallas Two Lincoln Centre 5420 LBJ Freeway Suite 300 Dallas, TX 75240, USA Datacard Denver Financial Instant
Issuance Englewood, CO USA Datacard Latin America and Caribbean Miami, FL USA |
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Related Companies: |
Entrust Canada - Ottawa 1000 Innovation Drive Ottawa Ontario Canada K2K 3E7 Datacard Czech Republic Pobrezni 3, IBC Building, 186 00 Prague,
Czech Republic Datacard France S.A.S. ZAC des Chatelliers, 200 rue Leonard de
Vinci, 45404 Fleury les Aubrais Cedex, France Datacard Deutschland GmbH Niederkasseler Lohweg 191, D-40547
Düsseldorf, Germany Datacard Iberica, S.L. Parque Empresarial La Finca, Po. Club Deportivo
1, Bloque 3, Bajo, 28223 Pozuelo de Alarcón, Madrid, Spain Entrust – EMEA HeadquartersEntrust Unit 4 Napier Court, First Floor, Napier
Road, Reading, Berkshire, RG1 8BW Datacard Limited (UK) Forum 3, Solent Business Park, Whiteley,
Fareham, Hampshire, PO15 7FH, United Kingdom |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
This is a private company. Possible
Shareholder: Willis K. Drake |
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Management: |
Mr. Todd G. Wilkinson - Chief Executive
Officer and President Mr. Kurt Ishaug - Chief Financial
Officer Mr. Jeffrey L. Smolinski - Senior Vice
President of Operations Mr. Wim Tappij Gielen - Senior Vice
President of Government Business Development Mr. Chris Pelletier - Senior Vice
President of Strategy Execution & Business Process |
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FINANCIAL
INFORMATION
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The company
does not make its financial statements public. The following information has
been provided by private sources: |
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USD 2016 / Estimated |
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Net Sales |
215 000 000 |
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Cash flow |
Normal |
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LEGAL
FILINGS
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PATENTS |
Method for determining pixel dropout Patent number: 9102156 Abstract: A technique is described for determining
pixel dropout in a printhead that has a plurality of print elements arrayed
along an axis. In the technique, a dataset of integrated intensity values, in
the printing direction on a substrate, of a captured image is generated and
used to determine if pixel dropout has or may have occurred. Type: Grant Filed: May 24, 2013 Date of Patent: August 11, 2015 Assignee: ENTRUST DATACARD CORPORATION Inventor: Thomas J. Wagener Method for determining pixel dropout Patent number: 9630433 Abstract: A technique is described for
determining pixel dropout in a printhead that has a plurality of print
elements arrayed along an axis. In the technique, a dataset of integrated
intensity values, in the printing direction on a substrate, of a captured
image is generated and used to determine if pixel dropout has or may have
occurred. Type: Grant Filed: July 10, 2015 Date of Patent: April 25, 2017 Assignee: ENTRUST DATACARD CORPORATION Inventor: Thomas J. Wagener Method of and apparatus for personalising
a series of portable objects Patent number: 9096092 Abstract: Embodiments of the invention
provide a method of and apparatus for graphically marking a series of
portable objects, such as a card, each portable object being graphically
marked on a respective zone by a respective marking device, wherein the
marking devices are configured to perform the same marking operation
simultaneously on a plurality of portable objects. Type: Grant Filed: July 23, 2010 Date of Patent: August 4, 2015 Assignee: ENTRUST DATACARD CORPORATION Inventors: Sébastien Michenet, Benoit
Berthe, Uwe Jaspers |
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GOVERNMENT CONTRACTS |
No records found. |
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CASES |
Entrust Datacard Corporation v. Atlantic
Zeiser GmbH et al Plaintiff: Entrust Datacard Corporation Defendant: Atlantic Zeiser GmbH,
Atlantic Zeiser, Inc. and Innovatime Industrie SARL Case Number: 3:2017cv00110 Filed: January 30, 2017 Court: Florida Middle District Court Office: Jacksonville Office County: XX US, Outside State Presiding Judge: Brian J. Davis Referring Judge: Monte C. Richardson Nature of Suit: Patent Cause of Action: 35:145 Jury Demanded By: Plaintiff Rosenwinkel v. Entrust Datacard
Corporation Plaintiff: Erich J. Rosenwinkel Defendant: Entrust Datacard Corporation Case Number: 0:2017cv04788 Filed: October 24, 2017 Court: Minnesota District Court Office: DMN Office County: Washington Presiding Judge: David S. Doty Referring Judge: David T. Schultz Nature of Suit: Employment Cause of Action: 42:1983 Jury Demanded By: Plaintiff StrikeForce Technologies, Inc. v.
Entrust, Inc. et al Plaintiff: StrikeForce Technologies,
Inc. Defendant: Entrust, Inc., Entrust
Datacard Corporation and Cygnacom Solutions, Inc. Case Number: 1:2017cv00309 Filed: March 17, 2017 Court: Virginia Eastern District Court Office: Alexandria Office County: Out of State Presiding Judge: Leonie M. Brinkema Referring Judge: Theresa Carroll
Buchanan Nature of Suit: Patent Cause of Action: 15:1126 Jury Demanded By: Plaintiff |
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TRADEMARKS |
DATACARD [ direct mail of plastic debit, credit
and identification cards for others and services relating thereto, namely,
mailer… Owned by: ENTRUST DATACARD CORPORATION Serial Number: 74227921 DATACARD [ apparatus for automatically inserting plastic
cards into customer transmittal forms; machines for embossing metal plates… Owned by: ENTRUST DATACARD CORPORATION Serial Number: 74018887 ENTRUST DATACARD Adhesive labels; print ribbons; topping
foil ribbons; indent ribbons; thermal printer transfer ribbons; roller
cleaning… Owned by: DataCard Corporation Serial Number: 86423904 ENTRUST DATACARD Adhesive labels; print ribbons; topping
foil ribbons; indent ribbons; thermal printer transfer ribbons; roller
cleaning… Owned by: DataCard Corporation Serial Number: 86423932 |
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RENEWAL HISTORY |
No records found. |
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UCC |
No records found. |
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OFAC Sanctions List Search |
The company is not listed in the OFAC
list. |
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SUMMARY
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Founded in 1969, Entrust Datacard Corporation
is a large organization in the Other Commercial and Service Industry
Machinery Manufacturing Industry headquartered in Shakopee, Minnesota. The company has 1500 regular employees and
generates an estimated $2015 million USD in estimated net sales. The company operates nationally and
internationally, mainly importing from China, Japan and India. It is ACTIVE
in business with no negative records. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Regular |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW
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NAME |
Tom |
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POSITION |
Operator |
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COMMENTS |
He confirmed the name of the company,
the address of the headquarters and location, the date of creation of the company,
the number of employees and the name of the Chief Executive Officer. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.72 |
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1 |
INR 88.64 |
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Euro |
1 |
INR 78.14 |
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US Dollar |
1 |
INR 63.83 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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PRA |
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.