SCM Microsystems Reports Third Quarter 2007 Results
2007-11-13
Strong revenue growth in PC Security business, record gross margin and continued low operating expenses highlight quarter
Ismaning, Germany – November 13, 2007 – SCM Microsystems, Inc. (Nasdaq: SCMM, Prime Standard: SMY), a leading provider of solutions that open the Digital World, today announced results for the third quarter ended September 30, 2007.
Financial highlights of the 2007 third quarter include:
- Improved PC Security revenues, following project delays in the previous quarter;
- Gross margin of 45%, the highest level in two years;
- Operating expenses under $4 million; and
- Loss from continuing operations approaching break even for the quarter.
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SCM Microsystems Offers New CHIPDRIVE® Time Recording Solution
2007-11-09
Numerous Options Enable Additional Applications
FREMONT, Calif., November 9, 2007 – SCM Microsystems, Inc. (NASDAQ: SCMM, Prime Standard: SMY), a leading provider of solutions that open the Digital World, now offers a new version of its successful CHIPDRIVE® Time Recording solution for recording and administering working hours.
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Emilian Elefteratos Joins SCM Microsystems as Vice President Americas
2007-11-05
Ismaning, Germany – November 5, 2007 – SCM Microsystems, Inc. (Nasdaq: SCMM, Prime Standard: SMY), a leading provider of solutions that open the Digital World, today announced that Emilian Elefteratos, an experienced executive in technology sales and management, has joined SCM Microsystems as new Vice President Americas. He will be based in SCM Microsystems US headquarters in Fremont, California.
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SCM Microsystems Joins NFC Forum at Principal Level
2007-10-30
FREMONT, Calif., October 30, 2007 – SCM Microsystems, Inc. (NASDAQ: SCMM, Prime Standard: SMY), a leading provider of solutions that open the Digital World, announced today that it has joined the Near Field Communication (NFC) Forum, a non-profit industry association advancing the use of NFC technology, as a Principal member.
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Felix Marx Joins SCM Microsystems as Chief Executive Officer
2007-10-23
Ismaning, Germany – October 23, 2007 – SCM Microsystems, Inc. (Nasdaq: SCMM, Prime Standard: SMY), a leading provider of solutions that open the Digital World, today announced that Felix Marx, a seasoned executive in the smart card applications industry, has now taken up his new role at SCM Microsystems as Chief Executive Officer, earlier than his expected start date of November 1, 2007.
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