DOCSLIB.ORG

Form 10-K Entrust, Inc

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Form 10-K Entrust, Inc 9/11/2018 Form 10-K 10-K 1 d10k.htm FORM 10-K Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K FOR ANNUAL AND TRANSITION REPORTS PURSUANT TO SECTIONS 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark one) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2003 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER 000-24733 ENTRUST, INC. (Exact name of registrant as specified in its charter) MARYLAND 62-1670648 (State or other jurisdiction of (IRS employer incorporation or organization) identification no.) ONE HANOVER PARK, SUITE 800 16633 DALLAS PARKWAY ADDISON, TX 75001 (Address of principal executive offices & zip code) Registrant’s telephone number, including area code: (972) 713-5800 Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Section 12(g) of the Act: Common Stock, $.01 par value Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨ Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ¨ Indicate by check mark whether the registrant is an accelerated filer (as defined in Exchange Act Rule 12b-2). Yes x No ¨ The aggregate market value of the common equity held by non-affiliates of the registrant, computed using the closing sale price of common stock of $2.83 per share on June 30, 2003, as reported on the Nasdaq National Market, was approximately $134,598,878 (affiliates included for this computation only: directors, executive officers and holders of more than 5% of the registrant’s common stock). The number of shares outstanding of the registrant’s common stock as of March 12, 2004 was 63,550,248. DOCUMENTS INCORPORATED BY REFERENCE https://www.sec.gov/Archives/edgar/data/1031283/000119312504042150/d10k.htm 1/132 9/11/2018 Form 10-K Portions of the definitive Proxy Statement to be delivered in connection with the registrant’s Annual Meeting of Stockholders to be on May 7, 2004 are incorporated by reference into Part III of this Annual Report on Form 10-K. https://www.sec.gov/Archives/edgar/data/1031283/000119312504042150/d10k.htm 2/132 9/11/2018 Form 10-K Table of Contents ENTRUST, INC. TABLE OF CONTENTS PART I. Page Item 1. Business 3 Item 2. Properties 33 Item 3. Legal Proceedings 34 Item 4. Submission of Matters to a Vote of Security Holders 34 Executive Officers and Directors of the Registrant 34 PART II. Page Item 5. Market for Registrant’s Common Equity and Related Stockholder Matters 38 Item 6. Selected Financial Data 39 Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations 40 Item 7A. Quantitative and Qualitative Disclosures About Market Risk 78 Item 8. Financial Statements and Supplementary Data 80 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 80 Item 9A. Controls and Procedures 81 PART III. Page Item 10. Directors and Executive Officers of the Registrant 82 Item 11. Executive Compensation 82 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 82 Item 13. Certain Relationships and Related Transactions 82 Item 14. Principal Accountant Fees and Services 82 PART IV. Page Item 15. Exhibits, Financial Statement, Schedules, and Reports on Form 8-K 83 SIGNATURES 84 CONSOLIDATED FINANCIAL STATEMENTS Page Report of Independent Auditors—Ernst & Young LLP F-1 Independent Auditors’ Report—Deloitte & Touche LLP F-2 Consolidated Balance Sheets as of December 31, 2003 and 2002 F-3 Consolidated Statements of Operations for the years ended December 31, 2003, 2002 and 2001 F-4 Consolidated Statements of Shareholders’ Equity and Comprehensive Income for the years ended December 31, 2003, 2002 and 2001 F-5 Consolidated Statements of Cash Flows for the years ended December 31, 2003, 2002 and 2001 F-6 Notes to Consolidated Financial Statements F-7 EXHIBIT INDEX 2 https://www.sec.gov/Archives/edgar/data/1031283/000119312504042150/d10k.htm 3/132 9/11/2018 Form 10-K Table of Contents This report contains forward-looking statements that involve risks and uncertainties. The statements contained in this report that are not purely historical are forward-looking within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including among other things, statements regarding Entrust’s expectations, beliefs, intentions or strategies regarding the future. All forward-looking statements included in this report are based on information available to Entrust up to and including the date of this document, and Entrust expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. Entrust’s actual results could differ significantly from those anticipated in these forward-looking statements as a result of certain factors, including those set forth below under “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Quarterly Results of Operations,” “—Certain Factors That May Affect Our Business” and elsewhere in this report. Readers should also carefully review the risks outlined in other documents that Entrust files from time to time with the Securities and Exchange Commission, including the Quarterly Reports on Form 10-Q that Entrust files in 2004. Entrust, Entrust-Ready, and getAccess are registered trademarks of Entrust, Inc. or a subsidiary of Entrust, Inc. in certain countries. Entrust Authority, Entrust TruePass, Entrust GetAccess, Entrust Entelligence, Entrust Cygnacom, are trademarks or service marks of Entrust, Inc. or a subsidiary of Entrust, Inc. in certain countries. All other trademarks and service marks used in this annual report are the property of their respective owners. PART I ITEM 1. BUSINESS Businesses and governments have become increasingly dependent on the Internet as a foundation for communication, collaboration and commerce. Their employees are becoming increasingly mobile and demanding real-time access to the applications and information that enable them to do their jobs. Their customers want to conduct transactions online to save time and money. Their partners want to automate business processes and supply chains over the Web to increase productivity. Organizations view the expansion of their online presence as a method for reducing costs and increasing customer loyalty and market share. More and more organizations are extending their enterprise through Web portals, enterprise applications like e-mail and VPN and even Web services as they respond to the needs of customers, employees and partners. Some are creating extranets for these key stakeholders. Others are setting up virtual private networks to integrate offices, or providing remote access to networks for employees and business partners. Sales, service and membership organizations are striving to increase customer loyalty by personalizing online service and improving customer-relationship management. Strong information security governance frameworks are also necessary to aid organizations in balancing the need for extending deeper online access to stakeholders, with the need to protect information assets and comply with regulations on privacy and corporate governance, all while meeting investor expectations for cost control and return on investment. The recently published DTI Information Security Breaches Survey for 2004 Identity Management Fact Sheet reveals that 7 percent of UK businesses had security breaches in the last year associated with weaknesses in their identity management. One in five large businesses were affected. For the large businesses surveyed, 6 percent of breaches concerned financial fraud or theft; 8 percent were due to theft or unauthorized disclosure of confidential information; and 17 percent related to staff gaining unauthorized access to information. — The survey, and associated fact sheets, occur biennially and are comprised of 1000 telephone interviews conducted by PricewaterhouseCoopers with a randomly selected sample of businesses around the UK. It is a leading source of information on security incidents suffered by businesses, both large and small within the UK. 3 https://www.sec.gov/Archives/edgar/data/1031283/000119312504042150/d10k.htm 4/132 9/11/2018 Form 10-K Table of Contents These business realities are driving the need for identity and access management solutions that secure digital identities and information. Entrust, Inc. is a global provider of security software for identity and access management. Entrust software and the associated services secure digital identities and information, enabling businesses and governments around the world to conduct high-value, highly sensitive transactions, over wired and wireless networks, including the Internet, in compliance with today’s regulatory guidelines. Over 1250 major government agencies, financial institutions and Global 1500 enterprises in more than 50 countries have purchased and deployed the Entrust secure messaging, secure data and secure identity management software solutions that integrate into the broad range of applications organizations use today to leverage Internet and enterprise applications to improve productivity. More than 50 percent of the Fortune 100 are Entrust customers or partners. With an aggregate of over 100 patents and patents pending, Entrust takes the initiative in authoring and driving industry standards boards and technology forums.
Load more

Recommended publications
  • Why Companies Outsource "Buying" Services Is an Increasingly Viable Option
    Outsourcing: The U.S. Business Revolution Spring 1997 Copyright © Michael F. Corbett & Associates, Ltd., 1997 Customer Confidential. Reproduction in whole or in part is strictly prohibited. Outsourcing: The U.S. Business Revolution Published by: Michael F. Corbett & Associates, Ltd. Lexington Park, East Bldg. Suite A 255 Route 55 LaGrangeville, NY 12540 (845) 452-0600 (845) 452-6988 (fax) Email: [email protected] Copyright Ó Michael F. Corbett & Associates, Ltd. 1997 All rights reserved. Michael F. Corbett & Associates reports are limited publications containing valuable management information provided to a select group of customers in response to orders and our customers acknowledge when ordering that the reports are for our customer’s own internal use only and not for general publication or disclosure to third parties. This report may not be copied or given, lent or resold to third parties without written permission nor may its contents be disclosed to non-customers without written permission. Information is believed to be reliable but cannot be guaranteed to be correct or complete. Copyright © Michael F. Corbett & Associates, Ltd., 1997 2 Customer Confidential. Reproduction in whole or in part is strictly prohibited. Table of Contents SECTION 1: OUTSOURCING: BACKGROUND, DEFINITIONS & DECISION FACTORS 5 OUTSOURCING DEFINED 5 TRADITIONAL ORGANIZATIONAL STRUCTURES 6 OUTSOURCING’S EMERGENCE AS A POWERFUL MANAGEMENT TOOL 7 DRIVING FACTORS 12 OUTSOURCING AS A “MAKE VERSUS BUY” DECISION 12 TOP TEN REASONS COMPANIES OUTSOURCE 17 TYPES OF SERVICES OUTSOURCED AND SELECTED CASE STUDIES 21 THE OUTSOURCING CONTINUUM 21 CLEANING 21 FOOD SERVICES 23 COPY CENTERS 23 MAILROOM OPERATIONS 24 PAYROLL 25 FACILITY MANAGEMENT 25 HUMAN RESOURCES 27 TRANSPORTATION & LOGISTICS 28 INFORMATION TECHNOLOGY 30 MARKETING & SALES 36 FINANCE 37 THE OUTSOURCING PROCESS 39 STRATEGIC ANALYSIS 39 IDENTIFYING BEST CANDIDATES 39 DEFINING REQUIREMENTS 40 SELECTING PROVIDER(S) 41 TRANSITIONING THE OPERATION 41 MANAGING THE RELATIONSHIP 42 Copyright © Michael F.
    [Show full text]
  • OS Cover Pages
    New Issue Ratings: Moody’s: Aaa (Underlying Aa3) Book-Entry Only Standard & Poor’s: AAA (Underlying A) In the opinion of Bond Counsel, under existing federal law and assuming compliance with applicable requirements of the Internal Revenue Code of 1986, as amended, that must be satisfied subsequent to the issue date of the Bonds, interest on the Bonds is excluded from gross income for federal income tax purposes and is not an item of tax preference for purposes of the alternative minimum tax applicable to individuals. However, while interest on the Bonds also is not an item of tax preference for purposes of the alternative minimum tax applicable to corporations, interest on the Bonds received by corporations is taken into account in the computation of adjusted current earnings for purposes of the alternative minimum tax applicable to corporations, interest on the Bonds received by certain S corporations may be subject to tax, and interest on the Bonds received by foreign corporations with United States branches may be subject to a foreign branch profits tax. Receipt of interest on the Bonds may have other federal tax consequences for certain taxpayers. See “Tax Exemption” and “Certain Other Federal Tax Consequences” under “Legal and Tax Information” herein. $251,850,000 THE CITY OF SEATTLE, WASHINGTON MUNICIPAL LIGHT AND POWER IMPROVEMENT AND REFUNDING REVENUE BONDS, 2003 Dated: Date of Initial Delivery Due: November 1, as shown on inside cover The Bonds will be issued as fully registered bonds under a book-entry only system, registered in the name of Cede and Co. as registered owner and nominee for DTC.
    [Show full text]
  • Downloading Anything to the PC, and NT-Based Server Software Designed to Reliably Deliver High-Bandwidth Video Over Dedicated Networks to a Large Number of PC Clients
    1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K |X| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED JUNE 30, 1996 |_| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _____ TO ____ COMMISSION FILE NUMBER 0-14278 MICROSOFT CORPORATION (Exact name of registrant as specified in its charter) WASHINGTON 91-1144442 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) ONE MICROSOFT WAY, REDMOND, WASHINGTON 98052-6399 (Address of principal executive office) (Zip Code) Registrant's telephone number, including area code: (206) 882-8080 Securities registered pursuant to Section 12(b) of the Act: NONE Securities registered pursuant to Section 12(g) of the Act: COMMON STOCK Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes|X| No|_| Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.
    [Show full text]
  • Minting Cybermoney Minting Cybermoney
    MMINTINGINTING CCYBERMONEYYBERMONEY Jobs, Electronic Commerce, and Opportunity for Vermont HILL ASSOCIATES, INC. VERMONT BUSINESS ROUNDTABLE Telecommunications Education and Training 346 Shelburne Road •Burlington, Vermont 05401 • USA 17 Roosevelt Highway • Colchester, Vermont 05446 • USA This document available at www.vtroundtable.org Table of Contents Executive Overview...........................................................................................3 Introduction ........................................................................................................5 Introduction to Electronic Commerce ..................................................5 Section Descriptions................................................................................5 Part I: Overview and Evolution of Electronic Commerce ............................7 Part II: Electronic Commerce Applications and Payment Mechanisms ...19 Part III: Outstanding Issues and Final Thoughts.........................................41 Appendix...........................................................................................................48 Acronyms and Abbreviations..............................................................48 URLs of Interest.....................................................................................49 Bibliography...........................................................................................51 About the Authors ................................................................................52 About Hill Associates
    [Show full text]
  • MICROCOMP Output File
    106TH CONGRESS "!DOCUMENT 1st Session SENATE 106±11 SEMIANNUAL REPORT OF THE ARCHITECT OF THE CAPITOL FOR THE PERIOD April 1, 1999 through September 30, 1999 PURSUANT TO SECTION 105(b), PUBLIC LAW 454 EIGHTY-EIGHTH CONGRESS REPORT OF THE ARCHITECT OF THE CAPITOL, APRIL 1, 1999 THROUGH SEPTEMBER 30, 1999 1 106TH CONGRESS "!DOCUMENT 1st Session SENATE 106±11 SEMIANNUAL REPORT OF THE ARCHITECT OF THE CAPITOL FOR THE PERIOD April 1, 1999 through September 30, 1999 PURSUANT TO SECTION 105(b), PUBLIC LAW 454 EIGHTY-EIGHTH CONGRESS U.S. GOVERNMENT PRINTING OFFICE 60±968 WASHINGTON : 2000 LETTER OF SUBMITTAL THE ARCHITECT OF THE CAPITOL, Washington, DC, April 20, 1999. Hon. AL GORE, President of the Senate. SIR: Pursuant to section 105(b) of Public Law 88±454, approved August 20, 1964, as amended by Public Law 94±303, approved June 1, 1976, I have the honor to submit herewith report of all ex- penditures during the period April 1, 1999 through September 30, 1999, from moneys appropriated to the Architect of the Capitol. Respectfully, ALAN M. HANTMAN, AIA, Architect of the Capitol. Enclosure. (III) CAPITOL BUILDINGS, ARCHITECT OF THE CAPITOL, 1999 Salaries of employees under the jurisdiction of the Architect of the Capitol for the period Apr. 1, 1999 to Sept. 30, 1999 Alan Michael Hantman, Architect of the Capitol ....................................... $62,949.96 Michael G. Turnbull, Assistant Architect of the Capitol ............................ 58,999.20 Herbert M. Franklin, administrative assistant ........................................... 56,461.60 Daniel E. Hanlon, director of engineering ................................................... 55,816.80 Amita N. Poole, supervising engineer (superintendent) ............................. 53,331.20 Charles K.
    [Show full text]
  • Computoredge 12/20/13: Delivery Wars and More High Tech News!
    December 20, 2013 List of ComputorEdge Sponsors List of ComputorEdge Sponsors San Diego ComputorEdge Sponsors Colocation and Data Center redIT With approaches like smart security, customized colocation and an extensive range of managed services, redIT helps you intelligently leverage IT. Computer Books LOL Computer/Internet Humor Anecdotes and Jokes about Computers, the Internet, Users, and the People Who Work on Them. Windows 7 Secrets E-Books Four-Book Windows 7 E-Book Special at Amazon! Computer Store, Full Service Chips and Memory New Systems Starting At $299 Visit Our Website or Call for Hardware, Software, Systems, or Components Laptop*Desktop*Server IT Service * Upgrades * Service Everyday Low Prices Macintosh Specialists Maximizers Serving San Diego County Since 1988 * Onsite Macintosh Service for Home and Small Office Needs * ACSP: Apple Certified Support Professional ACTC: Apple Certified Technical Coordinator Apple Consultant's Network Repair General Hi-Tech Computers Notebooks, Monitors, Computers and Printers We Buy Memory, CPU Chips, Monitors and Hard Drives Windows 7 Upgrades Phone (858) 560-8547 2 December 20, 2013 Colorado ComputorEdge Sponsors Colorado ComputorEdge Sponsors Computer Books LOL Computer/Internet Humor Anecdotes and Jokes about Computers, the Internet, Users, and the People Who Work on Them Windows 7 Secrets E-Books Four-Book Windows 7 E-Book Special at Amazon! 3 December 20, 2013 ComputorEdge™ Online — 12/20/13 ComputorEdge™ Online — 12/20/13 Click to Visit ComputorEdge™ Online on the Web! Delivery Wars and More High Tech News! Delivery Wars eBay vs. Amazon vs. Google; US Intelligence Tech Advances against Foreign Terrorists; New Tech Tools for Federal and Local Law Enforcement; NSA's Boondoggle? Problems at New Utah Data Center; Computers That Program Themselves; New Public Technology for Guiding, Nudging...Punishing?; The Latino Start- up Scene; Tech Start-ups in Asia and the Middle East.
    [Show full text]
  • FOCUS Is Published Quarterly by the Boise State University Office of News Services
    JAN 22 ~ ...Ill z /; i J Who said it was difficult to get on the lntemet? It doesn't have to be. Micron Internet Services introduces Net.Now!™ with Netscape Navigator ).0™ software. The quickest and easiest way to get connected. Just pop in the CD, follow the simple directions, and in minutes you'll be exploring the exciting and informative world of the Internet. AND SIGN UP BY JANUARY 31ST AND GET A FULLY LICENSED COPY OF NAVIGATOR 3.0 FREE! Net.Now!™with Netscape Navigator ).0™ software for WindowsrM Only from Micron Internet Services. Pick up your Net.Now! 3.0 CD at the location nearest you: It's Never Been Easier! BOISE MOUNTAIN HOME SANDPOINT Egghead Software The Right Connection Radio Shack Daladay Computer Solutions 208-322·2813 208-587-3371 208-265-5008 Micron Electronics Showroom 208-893·7641 IDAHO FALLS COEUR D'ALENE Executive Training Resources Alert Micro Systems EMMETT 1-800.525-8813 208-667-3185 Emmett Public Library 208-365-6057 BURLEY KETCHUM Computer Training Center Valcom Silvercreek CALDWELL 208-Bn-4830 208-726-3138 Local Computer Source 208-454-5588 McCALL GARDEN VALLEY Brundage Office Supply Garden Valley Free Library District IVIIC:RCN TWIN FALLS 208-634-7640 208-462-3234 INTERNET SERVICES Aspen Data Systems, Inc. ADIVISION OFIICIION TmiNOI.OGY, INC. POCATELLO ONTARIO, OR 208-733-n66 ©1996 MICRON TECHNOLOGY, INC. Express Computer Sales &Service Data Solutions Professional Computer Group 208-735-0271 206-232·9022 541-881·1127 1·800·336·8892 Software lor Macintosh'" available, call Micron Internet Services.
    [Show full text]
  • OS Cover Pages
    New Issue Moody’s Rating: Aaa (Underlying Aa3) Book-Entry Only Standard & Poor’s Rating: AAA (Underlying A) (See “Other Bond Information—Bond Insurance” and “—Ratings.”) In the opinion of Bond Counsel, under existing federal law and assuming compliance with applicable requirements of the Internal Revenue Code of 1986, as amended, that must be satisfied subsequent to the issue date of the Bonds, interest on the Bonds is excluded from gross income for federal income tax purposes and is not an item of tax preference for purposes of the alternative minimum tax applicable to individuals. However, while interest on the Bonds also is not an item of tax preference for purposes of the alternative minimum tax applicable to corporations, interest on the Bonds received by corporations is taken into account in the computation of adjusted current earnings for purposes of the alternative minimum tax applicable to corporations, interest on the Bonds received by certain S corporations may be subject to tax, and interest on the Bonds received by foreign corporations with United States branches may be subject to a foreign branch profits tax. Receipt of interest on the Bonds may have other federal tax consequences for certain taxpayers. See “Tax Exemption” and “Certain Other Federal Tax Consequences” under “Legal and Tax Information” herein. $87,735,000 THE CITY OF SEATTLE, WASHINGTON MUNICIPAL LIGHT AND POWER REFUNDING REVENUE BONDS, 2002 Dated: December 1, 2002 Due: December 1, as shown on inside cover The Bonds will be issued as fully registered bonds under a book-entry only system, registered in the name of Cede and Co.
    [Show full text]
  • Electronic Commerce and Security
    Web.book Page 760 Monday, November 8, 1999 4:12 PM 23 Electronic Commerce and Security Objectives • To review the history of electronic commerce. • To study popular e-business models, including those of Amazon, eBay, CyberCash and VeriSign. • To understand the issues of billing, credit and cash transfers on the Internet. • To understand Internet security technologies such as public-key/private-key cryptography, digital signatures and digital certificates. • To understand the core technologies that underlie Internet Commerce. O Gold! I still prefer thee unto paper, Which makes bank credit like a bark of vapour. Lord Byron It is an immutable law in business that words are words, explanations are explanations, promises are promises—but only performance is reality. Harold S. Green My name is Sherlock Holmes. It is my business to know what other people don't know. Sir Arthur Conan Doyle When you stop talking, you've lost your customer. Estée Lauder So long as you are secure you will count many friends. Ovid [Publius Ovidius Naso] Pre-publication page proofs. © 2000 Prentice Hall. All rights reserved. Unauthorized duplication is prohibited. Downloadable from http://www.prenhall.com/deitel Web.book Page 761 Monday, November 8, 1999 4:12 PM 761 Electronic Commerce and Security Chapter 23 Outline 23.1 Introduction 23.2 Shopping-Cart Technology 23.2.1 Case Study: Amazon 23.3 Online-Auction Case Study: eBay 23.4 Online Trading 23.4.1 Case Study: E*TRADE 23.5 Other E-Businesses 23.6 Security 23.6.1 Public-Key Cryptography 23.6.2 Secure Sockets Layer
    [Show full text]
  • When Good Names Go Bad: Symbolic Illegitimacy in Organizations
    WHEN GOOD NAMES GO BAD: SYMBOLIC ILLEGITIMACY IN ORGANIZATIONS Mary Ann Glynn and Christopher Marquis ABSTRACT We empirically examine the institutional dynamics attending the process whereby legitimate organizational symbols become illegitimate. We con- ducted two studies, one historical and one comparative, of those firms that appended “dot-com” to their names during the period of “Internet euphoria,” 1998–1999. The first study analyzes the legitimacy over time for one case, that of Egghead software, the first organization to affix “dot-com” to its name. The second study compares the legitimacy of firms named “dot-com” in the wake of the “dot-com” crash, using both public perceptions and financial valuations. Results from the two studies indicate that good organization names can go bad rather quickly and illustrate how swift and definitive the process of deinstitutionalization can be. INTRODUCTION Downloaded by Cornell University Library At 19:28 01 November 2016 (PT) In October 1999, there was a corporate rush to embrace the Internet and symbolize this in the organizational name, with a “dot-com” appendix: Dot-com has become the Internet’s indispensable suffix, a terse but unmistakable signal of existence on the Web. The number of registered dot-com addresses has reached a staggering Legitimacy Processes in Organizations Research in the Sociology of Organizations, Volume 22, 147–170 © 2004 Published by Elsevier Ltd. ISSN: 0733-558X/doi:10.1016/S0733-558X(04)22005-5 147 148 MARY ANN GLYNN AND CHRISTOPHER MARQUIS 4.5 million, and businesses routinely pay $10,000 or more to secure prime dot-com names (Weber, 1999, p.
    [Show full text]
  • Conference Edition
    @ the Intersection of Commercial/Corporate Real Estate and Technology May 2012 IN THIS ISSUE: COVER STORY: Transforming Real Estate Operations with Technology, Automation and Innovation - An Interview with CIOs Don Goldstein, CBRE, and Jim Whalen, Boston Properties Data Visualization: It’s The Experience That Counts Designing Organization-Centric Smart Buildings Utilizing the Commissioning Process Next Generation Enterprise Networks Establishing a Successful Data Governance Program BONUS! 2012 Solutions Marketplace Directory CONFERENCEEDITION www.realcomm.com INTELLIGENT BUILDINGS DELIVER MORE THAN SMART RETURNS Buildings have a profound impact on the quality of our lives and the world around us. The NiagaraAX Framework® has changed how the world operates and manages buildings by Innovative integrated solutions. transforming conventional facilities into true, intelligent buildings. More profitable results. From systems including environmental controls, lighting, security and power distribution, to building utilities including electric, water, gas and solar, to facility services such as fault High-performance buildings incorporate features that address detection and diagnosis, maintenance management, continuous commissioning and remote energy and operations efficiency, sustainability and intelligence. AX command and control, Niagara is the foundation for creating Intelligent Buildings — ones Every operating dollar saved falls straight to the bottom line. that use less energy, have lower operating costs, are safer, contribute to a comfortable and sustainable environment and deliver significant ROI. Every unit of energy saved helps promote sustainability and protects our environment. ESI provides high-performance For a complete look how NiagaraAX is making buildings intelligent, see the Intelligent solutions that drive high-performance buildings. Buildings video at tridium.com. The NiagaraAX Framework® — Everything Else is Just Software.
    [Show full text]
  • The Learning Company Inc. Educational Software Market
    The Learning Company Inc. educational software market Address: 1 Athenaeum Pl. Cambridge, Massachusetts 02142 U.S.A. Telephone: (617) 494-1200 Toll Free: 800-377-6567 Fax: (617) 494-1219 http://www.learningco.com Statistics: Public Company Incorporated: 1978 as Micropro International Corp. Employees: 1,400 Sales: $392.4 million (1997) Stock Exchanges: New York Ticker Symbol: TLC SICs: 7372 Prepackaged Software; 5045 Computers, Peripherals & Software; 7373 Computer Integrated Systems Design; 8742 Management Consulting Services Company History: The Learning Company Inc. develops, publishes, and markets a family of premium software brands that educate across every age and area of interest, from young children to adults. The Learning Company's products are sold in more than 23,000 stores across 40 countries through multiple distribution channels including retail, school, online, and direct marketing. The Learning Company Inc. is America's premier developer and marketer of educational and reference software for consumers and schools. The company develops and publishes a broad range of high-quality consumer educational software for personal computers (PCs) for all age groups, featuring some of the most well-known brand name products on the market. The company manufactures primarily education and reference software, but also offers materials focusing on lifestyle, productivity, and entertainment. The company's educational products are generally marketed under The Learning Company and MECC brand names, and include the "College Prep," "Foreign Languages," "Oregon Trail," "Reader Rabbit," "Treasure," "Super Solvers," and "Writing and Creativity Tools" lines. In addition to consumer versions of these products, the company also publishes school editions of a number of them.
    [Show full text]