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Prospector
Profile
07.1519
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| Secure Computing Corp. |
NAICS |
541512 |
| 4810 Harwood Road
San Jose, CA 95124 |
Description |
Computer Systems Design Services |
| (408) 979-6100 |
Employees |
885 |
| http://www.securecomputing.com/ |
Revenue |
(mil) |
176.6970 |
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Income |
(mil) |
-27.3980 |
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Assets |
(mil) |
724.1280 |
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Liability |
(mil) |
248.8290 |
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(for the year ended 2006-12-31) |
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Category:
Loss/Deficit
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Event:
Secure Computing Corporation reported a net loss of $10.1 million for the third quarter ended Sept. 30, 2007. This compares to a net loss of $8.2 million for the same period last year. Revenues for the quarter was $60.0 million, which represents a 37% increase in revenues compared to $43.7 million in the same quarter last year. The Company's consolidated balance sheet at Sept. 30, 2007, also showed strained liquidity with $92.0 million in total current assets available to pay $127.0 million in total current liabilities.
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Intellectual Property:
The Company relies on patent, trademark, copyright, and trade secret laws, employee and third party nondisclosure agreements, and other methods to protect proprietary rights. The Company currently holds a number of U.S. and foreign patents relating to computer security software and hardware products. The patents are broad and fundamental to information security computer products. It also relies on trade secrets and proprietary expertise, which it seeks to protect, in part, through confidentiality agreements with employees, consultants, and other parties. The Company has used, registered, and/or applied to register certain trademarks and service marks to distinguish genuine Secure Computing products, technologies and services from those of competitors in the U.S. and in foreign countries and jurisdictions. [SEC Filing 10-K 03-16-07]
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Description:
The Company provides enterprise gateway security solutions in the United States.
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Officers:
John E. McNulty (Chair, Pres. & CEO); Jay S. Chaudhry (Vice Chair & Chief Strategy Officer); Dr. Paul Q. Judge (Chief Technology Officer); Timothy J. Steinkopf (SVP & CFO); Vincent M. Schiavo (SVP-Sales); Michael J. Gallagher (SVP); Mary K. Budge (SVP, Sec. & Gen. Counsel); Atri Chatterjee (SVP)
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Auditor:
Ernst & Young LLP
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Securities:
Common Stock-Symbol SCUR; NasdaqGS;
67,234,050 common shares outstanding as of May 1, 2007.
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