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HomeMy WebLinkAboutCORRESPONDENCE - RFP - P847 COMPUTER AIDED DISPATCH (30)D&B Business Information Report: TIBURON, INC https://www.dnb.com/scripts/ProductRetriever.asp?REQUESTTYPE=... Decide with Confidence Business Information Report To save report(s) to your PC, chck.here.for instr..u..ctions. O Print this Report View interactive format web links parent company hot links SEC filings and more Copyright 2002 Dun & Bradstreet - Provided under contract for the exclusive use of subscriber 263151683L ATTN:jim TIBURON, INC (SUBSIDIARY OF COMPUDYNE CORPORATION, HANOVER, MD) 39350 Civic Center Dr, Ste-155 Fremont, CA 94538 This is a headquarters (subsidiary) location. Branch(es) or division(s) exist. Web site: Telephone: Fax: Chief executive: Year started: Management control: Employs: History: www.tibinc.com 510 792-2108 510 792-2897 BRUCE KELLING, CHB/CEO 1980 2002 245 (75-80 here) CLEAR Report Printed: NOV 15 2002 In Date D-U-N-S Number: Parent D-U-N-S Number: SIC: Line of business: D&B Rating: D&B PAYDEX®: 10-192-3381 00-226-2897 7373 Computer systems integration 12-Month D&B PAYDEX: %9 When weighted by dollar amount, payments to suppliers average 2 days beyond terms. 0 V11 f00 120 days slow 30 days Sim prompt Anticipates Based on trade collected over last 12 months. 05/14/2002 On May 10, 2002, Charles Bridges Jr, cfo-vice president, stated shareholders of CompuDyne Corp, Hanover, MD, approved the planner merger with Tiburon, Fremont, CA. The acquired business is now operating as a subsidiary of CompuDyne Corp. Most of the employees and management were retained. Further details are unavailable at this time. Business started 1980 by the officers. Present control succeeded Apr 2002. D&B Rating:-- 1 of 8 11/15/2002 2:43 PM D&B Federal Information Report: COMPUDYNE CORPORATIObitps://www.dnb.com/delivery/34/340427/340427.FIRHQ.1163.3214... Small Business: N/A Woman -owned: N/A Minority -owned: N/A 8(A) firm: N/A Federal Employer Identification Numbers Dun & Bradsreet, Inc. has compiled the following FEIN numbers for the business name in this report from the sources below. Dun & Bradsreet, Inc. provides this information "AS IS" with no guarantee as to its accuracy. FEIN # Business Name Address Source Date 23-1408659 COMPUDYNE CORP '..7249 NATIONAL DR, INTERNAL NOV 01 2001 HANOVER, MD, 21076 REVENUE SERVICE 52-1798252 ''.CONTROL PANELS & '.7520 M CONNELLEY DR, DEPT OF DEC 01 2000 '..SYSTEMS INC 'HANOVER, MD, 21076 TREASURY - ERISA '.. The details provided in the Government Activity section are as reported to Dun & Bradstreet by the federal government and other sources. 10/30/2002 EARNINGS UPDATE: According to published reports, comparative operating results for the 9 months ended September 30, 2002: Sales of $111,286,000, Net Income of $1,689,000; compared to Sales of $92,547,000, Net Income of $2,664,000 for the comparable period in the prior year. 10/01/2002 EARNINGS UPDATE: According to published reports, comparative operating results for the 6 months ended June 30, 2002: Sales of $69,906,000, Net Income of $1,494,000; compared to Sales of $61,193,000, Net Income of $1,754,000 for the comparable period in the prior year. D&B Rating: -- The blank rating symbol should not be interpreted as indicating that credit should be denied. It simply means that the information available to D&B does not permit us to classify the company within our rating key and that further enquiry should be made before reaching a decision. Some reasons for using a "-" symbol include: deficit net worth, bankruptcy proceedings, insufficient payment information, or incomplete history information. For more information, see the D&B Rating Key. Below is an overview of the company's rating history since 01/01/91: D&B Rating 3A3 Date Applied 06/15/01 05/05/98 01/01/91 The Summary Analysis section reflects information in D&B's file as of November 11, 2002. If you have questions about this report, please call our Government Services Office at 1.800.424.2495 or our Customer Resource Center at 1.800.234.3867 from anywhere within the U.S. Outside the U.S. or for more specific questions, please contact the D&B Government Services Office at 703.276.7856 or by e-mail at govt@d_nb,com. The following information was reported 10/0112002: Officer(s): MARTIN A ROENIGK, CHB-PRES-CEO PHILIP M BLACKMON, EX V PRES 2 of 12 11/15/2002 2:50 PM D&B Federal Information Report: COMPUDYNE CORPORATIObitps://www.dnb.com/delivery/34/340427/340427.FIRHQ.1163.3214... DIRECTOR(S): Business started 1952. GEOFFREY F FEIDELBERG, CFO WILLIAM C. ROCK, VP ACCT-CORP CNTL-SEC THE OFFICER(S) and David W Clark Jr, David M Jones, Alan Markowitz, Wade B Houk, Millard H Pryor Jr. Common stock and warrants are traded publicly on the NASDAQ National Market under the symbol "CDCY". As of March 26, 2002, there were 6,687,065 shares of common stock outstanding and 1,713 stockholders of record. As of December 31 2001, the Officers and Directors as a group beneficially owned 62.1% of the stock. Bruce A. Kelling owned 24.3%; Thomas V. Dewey owned 12.8%; Geoffrey F. Feidelberg owned 19.8% and Martin A. Roenigk owned 19.8% are the only officer or director owning greater than 5%. SUBSIDIARY BANKRUPTCY: On Dec 31 1991, CompuDyne Inc (CDI), a wholly -owned subsidiary of CompuDyne Corporation, filed a petition in bankruptcy under Chapter 7 of the United States Bankruptcy Court. Case #91-24262. The petition in bankruptcy listed assets and liabilities, net of intercompany amounts, of $1.2 million and $1.8 million, respectively. At the date of the filing of the bankruptcy petition, CDI was not actively engaged in any operating business. CDI is the subject of several Federal and State administrative proceedings and lawsuits with respect to environmental and other matters. MARTIN A ROENIGK born 1942. Graduated 1967 University of Chicago, MBA. 1967-1969 Arthur Andersen. 1969-1970 United States Army. 1970-1993 The Travelers Insurance Company. 1991-present MicroAssembly Systems Inc, president. Aug 1995-present CompuDyne Corporation, chairman, president and chief executive officer. PHILIP M BLACKMON born 1947. Graduated 1969 Jamestown College, BA in psychology. 1992 Johns Hopkins University, MS in business. 1972-present Quanta Systems, various management positions, currently president and chief executive officer. 1995 CompuDyne Corporation, executive vice president. GEOFFREY F FEIDELBERG born 1956. Prior he served as both the chief operating officer and chief financial officer of Aqua Penn Spring Water Company Inc. DAVID W CLARK JR. Managing director of Pryor & Clark Company. DAVID M JONES. Principal of William Blair Mezzanine Capital Partners III and the general partner of William Blair Mezzanine Capital Fund I, II, and III. ALAN MARKOWITZ. Private investor. MILLARD H PRYOR JR. Managing director of Pryor & Clark Company. WILLIAM C. ROCK born 1949. Mr. Rock was appointed Secretary of the Corporation in August of 1998; he is currently the Vice President of Accounting and the Corporate Controller. Prior to that time Mr. Rock had been the CFO of Quanta SecurSystems, Inc. AFFILIATES: The following are related through common principals, management and/or ownership: Tiburon Inc, Fremont, CA. Started '1980'. DUNS #101923381. Operates as as a computer systems integration company. MERGER/ACQUISITION: According to published reports, shareholders of CompuDyne Corp, Hanover, MD, approved the planned merger in May 2002 with Tiburon, Fremont, CA. CORPORATE AND BUSINESS REGISTRATIONS PROVIDED BY MANAGEMENT OR OTHER SOURCE The Corporate Details provided below may have been submitted by the management of the subject business and may not have been verified with the government agency which records such data. Registered Name: Compudyne Corporation 3 of 12 11/15/2002 2:50 PM D&B Federal Information Report: COMPUDYNE CORPORATIObitps://www.dnb.com/delivery/34/340427/340427.FIRHQ.1163.3214... Business type: CORPORATION Common stock Corporation type: PROFIT Authorized shares: 10,000,000 Date incorporated: DEC 08 1952 '. Par value: $0.7500 State of incorporation: PENNSYLVANIA Where filed: Secretary of State, Harrisburg, PA 10/01/2002 Description: The company, through its Quanta Systems Division provides engineering and security design, integration and installation services to the U S Government, generally in secure environments with high security clearances; its Data Control Systems Division manufactures telemetry and freouency analysis products; though its subsidiary LicroAssembly Systems Inc manufactures stici screws and drivers; and through its Quanta SecurSystems subsidiary provides installation, maintenance, and systems integration of highly technical security systems. Sells primarily on a contract basis and net 20 day terms. Sells to United States Government, airline industry, commercial accounts, detention facilities and court houses. Territory : Primarily the United States. Nonseasonal. Employees: 920 which includes officer(s). 26 employed here. Facilities: Owns 7,000 so. ft. in a one story building. Location: Suburban business section on side street. Branches: This business has multiple branches, detailed branch/division information is available in Dun & Bradstreet's lini age or family tree products. Global Activity: The following section is a global summary and is intended to assist D&Bs non-U.S. customers when evaluating D&B reports on U.S. companies. Import/Export No major countries of export reported. Activity: 8-Digit SIC: Based on information in our file, D&B has assigned this company an extended 8 digit SIC. D&Bs use of 8 digit SICs enables us to be more specific to a company's operations than if we use the standard 4 digit code. 87110000 GLOBAL NEWSWORTHY EVENTS. (0202) GLOBAL According to published reports, the company announced the receipt of additional orders from the ACTIVITY: US Forces in Europe for its state-of-the-art digital image badging system. Subsidiaries: This business has multiple subsidiaries, detailed subsidiary information is available in Dun & Bradstreet's lini age or family tree products. The following establishments related to the subject of this report have reported activity with the Federal Government. This is not a complete corporate family structure. To order more information on this business's corporate structure, use D&B's Global Family Lini age product. 4 of 12 11/15/2002 2:50 PM D&B Federal Information Report: COMPUDYNE CORPORATIOhttps://www.dnb.com/delivery/34/340427/340427.FIRHQ.1163.3214... D-U-N-S.. Name 62-163-7628 FIBER SENSYS, INC 18-278-9412',NORMENT SECURITY GROUP, INC 17-263-8074 QUANTA SECURSYSTEMS INC 80-919-8922 QUANTA SYSTEMS CORPORATION Loans Claims Debarments Contracts Grants NO NO NO YES NO NO NO NO YES NO '.. NO NO NO YES NO '.. NO NO NO YES NO '.. SIC: Based on information in our file, D&B has assigned this company an extended 8-digit SIC. D&B's use of 8-digit SICs enables us to be more specific to a company's operations than if we use the standard 4-digit code. The 4-digit SIC numbers link to the description on the Occupational Safety & Health Administration (OSHA) Web site. Links open in a new browser window. 87110000 Engineering services 38120000 Search and navigation equipment 38250308 Frequency meters: electrical, mechanical, and electronic 34529907 Screws, metal 35499906 Screw driving machines 17310400 Safety and security specialization Reported Federal Loans and Loan Guarantees NAICS: 541330 Engineering Services Search, Detection, Navigation, Guidance, 334511 Aeronautical, and Nautical System and Instrument Manufacturing 334515 Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals 332722 Bolt, Nut, Screw, Rivet, and Washer Manufacturing 333518 Other Metalworking Machinery Manufacturing 561621 Security Systems Services (except Locksmiths) (pt) After a search of our files, we find that no government activity has been reported in this section. Claims, Fees, Fines, Overpayments, Penalties and Other Misc. Reported Debts to Federal Agencies After a search of our files, we find that no government activity has been reported in this section. Reported U.S. Government Contract Actions After a search of our files, we find that no government activity has been reported in this section. Reported Party Excluded From Federal Program(s) After a search of our files, we find that no government activity has been reported in this section. Reported U.S. Government Grants Awards 5 of 12 11/15/2002 2:50 PM D&B Federal Information Report: COMPUDYNE CORPORATIObItps://www.dnb.com/delivery/34/340427/340427.FIRHQ.1163.3214... After a search of our files, we find that no government activity has been reported in this section. The D&B PAYDEX is a unique, dollar weighted indicator of payment performance based on up to 31 payment experiences as reported to D&B by trade references. 3-Month D&B PAYDEX: 68 When weighted by dollar amount, payments to suppliers average 17 days beyond terms. d V 100 120 days slow 30 days slow Psump( Anticipates Based on trade collected over last 3 months. 12-Month D&B PAYDEX: 69 When weighted by dollar amount, payments to suppliers average 16 days beyond terms. o V 1dd 120 days sbmr 30 days anew Prompt Anticipates Based on trade collected over last 12 months. When dollar amounts are not considered, then approximately 80% of the company's payments are within terms. 6 of 12 11/15/2002 2:50 PM D&B Federal Information Report: COMPUDYNE CORPORATIORitps://www.dnb.com/delivery/34/340427/340427.FIRHQ.1163.3214... The Payment Summary section reflects payment information in D&B's file as of the date of this report. Below is an overview of the company's dollar -weighted payments, segmented by its suppliers' primary industries: Total Total Dollar Largest High Within Days Slow '.. Rcv'd', Amts Credit Terms <31 31-60 61-90 90> M ($) ($) (%) (%) Top industries: Short-trm busn credit Nonclassified Telephone communictns Help supply service Trucking non -local Mfg plane engine/part Mfg prefab metal bldg Lithographic printing Whol electrical equip Whol chemicals OTHER INDUSTRIES Other payment categories: Cash experiences Payment record unknown Unfavorable comments Placed for collections: With D&B Other 5 7,350 5,000. 100 - - 5 5,800 2,500 74 26 - 4 6,550 5,000 20 42 - 38 - 2 5,000 2,500 100 - - - -.. 2 1,000 750 75 25 - - - 1 5,000 5,000 100 - - - - 1 '.. 5,000 5,000 - 100 - - - 1 2,500 2,500 100 - - - -.. 1 2,500 2,500. - 100I -, - 1 1,000 1,000 - 100 - - - 7... 2,800 750 69 31 -, -. -. 0 0 0 1 50 50 0 0 0 0 0 0', N/A The highest Now Owes on file is $1,000 The highest Past Due on file is $250 D&B receives nearly 400 million payment experiences each year. We enter these new and updated experiences into D&B Reports as this information is received. Detailed payment history Date Reported Paying Record High Credit Now Owes'', Past Due Selling Terms (mm/yy) ($) ($) ($) 10/02 Ppt 2,500 0 0 Ppt 2,500.. 0', 0 Ppt 1,000 0 0 Ppt 750 750 ''., 0 Ppt 750 0 ''. 0 Plot 50 0 ''. 0 Ppt-Slow 30 500 500 250 Slow 30 250 0'.. 0 Slow 30-90 5,000 0 '.. 0 (010) 50 0 '.. 0 09/02 Ppt 5,000 750'.. 0 Ppt 5,000 0 0 Ppt 2,500 0 0 N30 N30 Last Sale Within '.. (months) 6-12 mos 6-12 mos 6-12 mos 1 mo 2-3 mos 6-12 mos '.. 1 mo '.. 6-12 mos '.. 2-3 mos 6-12 mos 1 mo 2-3 mos 6-12 mos 7 of 12 11/15/2002 2:50 PM D&B Federal Information Report: COMPUDYNE CORPORATIObttps://www.dnb.com/delivery/34/340427/340427.FIRHQ.1163.3214... Ppt 500 0'.. 0 N30 4-5 mos Ppt 250 0 0 1 mo Ppt 50 50 0 1 mo Ppt-Slow 30 250 250 250 Lease Agreemnt 1 mo Slow 15 2,500 500 250 N30 1 mo Slow 30 5,000 0 0 N30 2-3 mos Slow 30 1,000 100 50 1 mo 07/02 Ppt 1,000 100 '.. 0 1 mo 06/02 Ppt Soo 250 0 '.. (023) 750 6-12 mos Satisfactory. 05/02 Ppt 100 0 0 6-12 mos 01/02 Ppt 250 0 0 6-12 mos Ppt-Slow 30 2,500 1,000 250 1 mo Ppt-Slow 30 500 500 250 1 mo 12/01 Ppt 250 250.. 0 1 mo 10/01 (029) 50 6-12 mos Satisfactory. 09/01 Slow 25 750 250', 100 1 mo 08/01 Ppt 2,500 0''.. 0 '.. 6-12 mos Payment experiences reflect how bills are met in relation to the terms granted. In some instances payment beyond terms can be the result of disputes over merchandise, skipped invoices etc. Each experience shown is from a separate supplier. Updated trade experiences replace those previously reported. 10/11/2002 Interim Consolidated statement dated JUN 30 2002: Cash 1,456,000 Accts Rec 47,590,000 Inventory 6,172,000 Contract Costs In Excess Of Billing 24,308,000 Deferred Taxes 843,000 Fixt & Equip 13,423,000 Goodwill & Other Intangibles As 24,820,000 Deferred Taxes 1,103,000 Other Assets 667,000 I ,.. yyyyyy�� E yyy�iyt�:.a: tltt� itt ijlitt{jilAthttPIii j t�t {t�l 1°I ,i t d i v t t {i i�t,.. Accts Pay 25,354,000 '.. Notes Pay 2,920,000 '.. Taxes 1,552,000 '.. Billings In Excess Of Contract Cost 21,004,000 *0#6�iI Lt. Notes Payable 25,377,000 '.. Subordinated Notes Payable 588,000 '.. L.T. Liab-Other 252,000 COMMON STOCK 6,275,000 ADDIT. PD.-IN CAP 38,022,000 '.. ACCUM OTHER COMPREHENSIVE ''.. LOSS (147,000) RETAINED EARNINGS 4,198,000 '.. TREASURY STOCK �ij t�t��ll(ti y(3,343,000) , .�i d... From JAN 01 2002 to JUN 30 2002 sales $69,906,000; cost of goods sold $54,473,000. Gross profit $15,433,000; operating expenses $12,507,000. Operating income $2,926,000; other income $139,000; other expenses $659,000; net income before taxes $2,406,000; Federal income tax $912,000; net income $1,494,000. 8 of 12 11/15/2002 2:50 PM D&B Federal Information Report: COMPUDYNE CORPORATIONtps://www.dnb.colidelivery/34/340427/340427.FIRHQ.1163.3214... Statement received by mail AUG 14 2002. Statement obtained in outside quarters. Statement obtained from Securities And Exchange Commission. Prepared from books without audit. Statements item explanations were not provided. 10/01/2002 Three-year statement comparative: Current Assets 44,962,000 46,692,000 58,227,000 Current Liabs 28,860,000 29,555,000 30,827,000 Current Ratio 1.56 1.58 1.89 Working Capital 16,102,000 17,137,000 27,400,000 Other Assets 12,485,000 11,897,000 18,204,000 Net Worth 10,030,000 13,796,000 32,637,000 Sales 111,446,000 130,611,000 127,394,000 Long Term Liab 18,557,000 15,238,000 12,967,000 Net Profit (Loss) 2,670,000 4,139,000 4,092,000 Fiscal Consolidated statement dated DEC 31 2001: Cash 296,000 '., Accts Pay 21,929,000 Accts Rec 34,188,000 Billings in Excess of Contract Cost 6,504,000 Inventory 6,243,000 Other Curr Liabs 2,394,000 Cost in Excess of Billing 14,564,000 Deferred Tax Assets 843,000 Prepaid & Other 2,093,000 _ ' AllNI! ! ,'lEk4'Nli Fixt & Equip 7,322,000 Notes Payable 11,593,000 '.. Goodwill & Other Intangibles 3,753,000 ':. Subordinated Notes 1,175,000 Investment in Tiburon 6,076,000 '.. L.T. Liab-Other 199,000 Deferred Tax Asset 570,000 COMMON STOCK 33,326,000 '.. Other Assets 483,000', TREASURY STOCK (3,279,000) '.. RETAINED EARNINGS 2,590,000 From ]AN 01 2001 to DEC 31 2001 annual sales $127,394,000; cost of goods sold $102,114,000. Gross profit $25,280,000; operating expenses $17,448,000. Operating income $7,832,000; other expenses $2,108,000; net income before taxes $5,724,000; Federal income tax $1,632,000. Net income $4,092,000. Accountant: Deloitte & Touche LLP, McLean, VA. ACCOUNTANT'S OPINION A review of the accountant's opinion indicates the financial statements meet generally accepted accounting principles and that the audit contains no qualifications. BALANCE SHEET EXPLANATIONS The net worth of this company includes intangibles. 9 of 12 11/15/2002 2:50 PM D&B Federal Information Report: COMPLIDYNE CORPORATIObitps://www.dnb.com/delivery/34/340427/340427.FIRHQ.1163.3214... The report was updated using information the company filed with the Securities and Exchange Commission. Statement date: DEC 31 2001 Based on this number of establishments: 12 Firm Return of Sales: 3.2 Current Ratio: 1.9 Assets / Sales: 60.0 Total Liability / Net Worth: 134.2 Industry Median Return of Sales: 0.5 Current Ratio: 1.9 Assets / Sales: 60.9 Total Liability / Net Worth: 212.2 The following Public Filing data is for information purposes only and is not the official record. Certified copies can only be obtained from the official source. Collateral: All Assets including proceeds and products - All Inventory including proceeds and products - All Account(s) including proceeds and products - All Fixtures including proceeds and products - and OTHERS Type: Original Sec. party: PNC BANK NATIONAL ASSOCIATION AS AGENT, PITTSBURGH, PA Debtor: COMPUDYNE CORPORATION Filing number: 2001012013-5 Filed with: SECRETARY OF STATE/UCC DIVISION, CARSON CITY, NV Date filed: 11/27/2001 Latest Info Received: 06/03/2002 Collateral: All Assets including proceeds and products - All Inventory including proceeds and products - All Account(s) including proceeds and products - All Fixtures including proceeds and products - and OTHERS Type: Original Sec. party: PNC BANK, NATIONAL ASSOCIATION, AS AGENT, PITTSBURG, PA Debtor: QUANTA SYSTEMS CORPORATION Filing number: 0002106348 Filed with: UCC COMMERCIAL RECORDING DIVISION, HARTFORD, CT Date filed: 11/27/2001 Latest Info Received: 12/21/2001 Collateral: All Accounts receivable including proceeds and products - All Inventory including proceeds and products - All Account(s) including proceeds and products - All Contract rights including proceeds and products - and OTHERS Type: Original Sec. party: CHEVY CHASE BANK, F.S.B., CHEVY CHASE, MD Debtor: COMPUDYNE CORPORATION and OTHERS Filing number: 0001884740 Filed with: UCC COMMERCIAL RECORDING DIVISION, HARTFORD, CT Date filed: 10/23/1998 Latest Info Received: 11/24/1998 Collateral: Inventory including proceeds and products - Accounts receivable including proceeds and products - Assets including proceeds and products - Account(s) including proceeds and products - and OTHERS Type: Original Sec. party: LASALLE NATIONAL BANK, AS AGENT, CHICAGO, IL Debtor: COMPUDYNE CORPORATION 10 of 12 11/15/2002 2:50 PM D&B Federal Information Report: COMPUDYNE CORPORATIObttps://www.dnb.com/delivery/34/340427/340427.FIRHQ.1163.3214... Filing number: 0001893003 Filed with: UCC COMMERCIAL RECORDING DIVISION, HARTFORD, CT Date filed: 12/03/1998 Latest Info Received: 02/01/1999 Collateral: Inventory including proceeds and products - Accounts receivableincluding proceeds and products - Assets including proceeds and products - Account(s) including proceeds and products - and OTHERS Type: Original Sec. party: LASALLE NATIONAL BANK, AS AGENT, CHICAGO, IL Debtor: COMPUDYNE CORPORATION Filing number: 0001893000 Filed with: UCC COMMERCIAL RECORDING DIVISION, HARTFORD, CT Date filed: 12/03/1998 Latest Info Received: 02/01/1999 Collateral: Accounts receivable and proceeds - Inventory and proceeds - Account(s) and proceeds - Chattel paper and proceeds - and OTHERS Type: Original Sec. party: LASALLE NATIONAL BANK, AS AGENT, CHICAGO, IL Debtor: COMPUDYNE CORPORATION Filing number: 00000181015828 Filed with: SECRETARY OF STATE/DEPARTMENT OF ASSESSMENT AND TAXATION/UCC DIVISION, BALTIMORE, MD Date filed: 08/18/1999 Latest Info Received: 10/05/1999 Type: Amendment Sec. party: LASALLE BANK NATIONAL ASSOCIATION, AS AGENT, CHICAGO, IL Debtor: COMPUDYNE CORPORATION Filing number: 00000181015828 Filed with: SECRETARY OF STATE/DEPARTMENT OF ASSESSMENT AND TAXATION/UCC DIVISION, BALTIMORE, MD Date filed: 09/22/1999 Latest Info Received: 11/01/1999 Original UCC filed date: 08/18/1999 Original filing no.: 00000181015828 Collateral: Inventory and proceeds - Account(s) and proceeds - General intangibles(s) and proceeds - Equipment and proceeds - Chattel paper and proceeds Type: Original Sec. party: CHEVY CHASE BANK, CHEVY CHASE, MD Debtor: COMPUDYNE CORP and OTHERS Filing number: U9817771D000 Filed with: SECRETARY OF STATE/UCC DIVISION, CARSON CITY, NV Date filed: 11/09/1998 Latest Info Received: 01/26/1999 Collateral: All Equipment including proceeds and products Type: Original Sec. party: PNC BANK NATIONAL ASSOCIATION AS AGENT, PITTSBURGH, PA Debtor: COMPUDYNE CORPORATION Filing number: 2001012010-9 Filed with: SECRETARY OF STATE/UCC DIVISION, CARSON CITY, NV Date filed: 11/27/2001 Latest Info Received: 06/03/2002 Type: Amendment Sec. party: ASIAN AMERICAN BANK & TRUST COMPANY, BOSTON, MA Debtor: COMPUDYNE CORPORATION Filing number: 0001812742 Filed with: UCC COMMERCIAL RECORDING DIVISION, HARTFORD, CT 11 of 12 11/15/2002 2:50 PM D&B Business Information Report: TIBURON, INC https://www.dnb.com/scripts/ProductRetriever.asp?REQUESTTYPE=... The blank rating symbol should not be interpreted as indicating that credit should be denied. It simply means that the information available to D&B does not permit us to classify the company within our rating key and that further enquiry should be made before reaching a decision. Some reasons for using a %" symbol include: deficit net worth, bankruptcy proceedings, insufficient payment information, or incomplete history information. In this case, no Rating was assigned because the parent company is rated %-". It is D&B's policy not to rate a subsidiary higher than its parent. Therefore, this company is also rated %-% For more information, see the D&B Rating Key. Below is an overview of the company's rating history since 05/14/02: D&B Rating Date Applied -- 05/14/02 The Summary Analysis section reflects information in D&B's file as of November 11, 2002. If you have questions about this report, please call our Customer Resource Center at 1.800.234.3867 from anywhere within the U.S. If you are outside the U.S. contact your local D&B office. *** Additional Decision Support Available *** Additional D&B products, monitoring services and specialized investigations are available to help you evaluate this company or its industry. Call Dun & Bradstreet's Customer Resource Center at 1.800.234.3867 from anywhere within the U.S. or visit our website at www.dnb.com. The following information was reported 05/14/2002: Officer(s): BRUCE KELLING, CHB/CEO DAVID SHAW, PRESIDENT DARCY HISLOP, V PRES TOM DEWEY, SR V PRES/SEC CHARLES BRIDGES, VICE PRES/CFO THE OFFICERS) Qualified in California on Aug 2 1983. Corporate file #1148622. Business started 1980 by the officers. Present control succeeded Apr 2002. 100% of capital stock is owned by parent. ACQUISITIONS: On November 9, 1989, Tiburon, Inc acquired all the issued and outstanding capital stock of PSW3 Inc in a tax-free stock by stock reorganization. Subsequently in 1994, all of the operations of PSW3 Inc were merged into Tiburon, Inc. On May 10, 2002, Charles Bridges Jr, cfo-vice president, stated shareholders of CompuDyne Corp, Hanover, MD, approved the planner merger with Tiburon, Fremont, CA. The acquired business is now operating as a subsidiary of CompuDyne Corp. Most of the employees and management were retained. Further details are unavailable at this time. BRUCE KELLING born 1941. 1980-present active here. 1968-80 vice president of Americas/International Division, Planning Research Corporation, McLean, VA. 1966-68 Systems Science Development Corp, Silver Spring, MD. DAVID SHAW. Active here. DARCY HISLOP born 1957. 1986-present active here. Prior employed by San Mateo County, San Mateo, CA. TOM DEWEY born 1954. 1980-present active here. 1977-80 employed by Planning Research Corp International, McLean, VA. 1977 graduated from University Of Delaware, Newark, DE, with a BS degree. CHARLES BRIDGES. Active here. 2 of 8 I1/15/2002 2:43 PM D&B Federal Information Report: COMPUDYNE CORPORATIObitps://www.dnb.com/delivery/34/340427/340427.FIRHQ.1163.3214... Date filed: 11/05/1997 Latest Info Received: 12/24/1997 Original UCC filed date: 11/23/1994 Original filing no.: 0001588759 The public record items contained in this report may have been paid, terminated, vacated or released prior to the date this report was printed. Copyright 2002 Dun & Bradstreet - Provided under contract for the exclusive use of subscriber 263151683L 12 of 12 11/15/2002 2:50 PM D&B Business Information Report: TIBURON, INC https://www.dnb.com/scripts/ProductRetriever.asp?REQUESTTYPE=... AFFILIATES: The following are related through common principals, management and/or ownership: Compudyne Corporation, Hanover, MD. Started '1952'. DUNS #2262897. Operates as an engineering service company.. CORPORATE AND BUSINESS REGISTRATIONS REPORTED BY THE SECRETARY OF STATE OR OTHER OFFICIAL SOURCE AS OF OCT 29 2002: Registered Name: Business type: Corporation type: Date incorporated: State of incorporation: Filing date: Registration ID: Duration: Status: Status attained: Where filed: TIBURON, INC. CORPORATION Common stock NOT ! Authorized shares: 20,000,000 AVAILABLE Par value: JAN 14 1980 ! Preferred stock VIRGINIA Authorized shares: 555,833 JAN 14 1980 Par value: 0202286 PERPETUAL MERGED MAY 02 2002 SECRETARY OF THE COMMONWEALTH/STATE CORPORATE COMMISSION, RICHMOND, VA Registered agent: JUSTUS M HOLME JR, 10560 MAIN ST STE 111, FAIRFAX, VA, 220300000 Agent appointed: FEB 16 1999 Agent status: ACTIVE Principals: SHAW, DAVID, PRESIDENT, CHIEF OPERATING OFFICER KELLING, BRUCE A., CHAIRMAN OF THE BOARD, CHIEF EXECUTIVE OFFICER DEWEY, THOMAS V., SECRETARY HISLOP, DARCY, VICE PRESIDENT 05/14/2002 Description: Subsidiary of Compudyne Corporation, Hanover, MD. Parent company owns 100% of capital stock. As noted, this company is a subsidiary of CompuDyne Corporation, DUNS number 002262897, and reference is made to that report for background Information on the parent company and its management. Computer systems integration (100%) specializing in public safety and criminal justice software systems. ADDITIONAL TELEPHONE NUMBER(S): Facsimile (Fax) 510 792-2897. Website is http://www.tibinc.com. Sells on fixed contract basis, based on contract negotiations. Has 350 account(s). Sells to government agencies. Territory : International (less than 5%) United States (95%+). Nonseasonal. Employees: 245 which includes officer(s). 75-80 employed here. Facilities: Leases 10,000 sq. ft. on second Floor of a four story steel building. Also occupies space on the first and fourth Floors. Location: Suburban business section on well traveled street. 3 of 8 11/15/2002 2:43 PM D&B Business Information Report: TIBURON, INC https://www.dnb.com/scripts/ProductRetriever.asp?REQUESTTYPE=... Branches: Same operations located in Livermore, Orange and San Francisco, CA; Clearwater, FL; Lexington, MA; Columbia, MD: Durham, NC; Lake Oswego, OR; and Austin, TX. Subsidiaries: Tiburon Justice Systems Inc, Salt Lake City, UT (100%) chartered 2000. Operates as computer systems integration service. SIC: Based on information in our file, D&B has assigned this company an extended 8-digit SIC. D&B's use of 8-digit SICs enables us to be more specific to a company's operations than if we use the standard 4-digit code. The 4-digit SIC numbers link to the description on the Occupational Safety & Health Administration (OSHA) Web site. Links open in a new browser window. 73730000 Computer integrated systems design NAICS: 541512 Computer Systems Design Services (pt.) The D&B PAYDEX is a unique, dollar weighted indicator of payment performance based on up to 32 payment experiences as reported to D&B by trade references. 3-Month D&B PAYDEX: 79 When weighted by dollar amount, payments to suppliers average 2 days beyond terms. d 1dd 120 days slow 30 days stow Prompt. Ardlolpates Based on trade collected over last 3 months. 12-Month D&B PAYDEX: 79 When weighted by dollar amount, payments to suppliers average 2 days beyond terms. 0 V 100 120 days stow 38 days slow Prompt Anticipates Based on trade collected over last 12 months. When dollar amounts are not considered, then approximately 95% of the company's payments are within terms. The Payment Summary section reflects payment information in D&B's file as of the date of this report. Below is an overview of the company's dollar -weighted payments, segmented by its suppliers' primary industries: Top industries: Nonclassified Telephone communictns Short-trm busn credit Whol computers/softwr Whol electronic parts Ret-direct selling Custom programming Mfg computers Misc business credit Total Total Dollar. Largest Nigh Within Days Slow '.. Rcv'd Amts Credit Terms <31 31-60 61-90 90> 5 5,250 2,500 100 - - 3 40,150'.. 40,000 100 3 8,250 7,500 100 - - - 3 16,000 7,500 97 - - - 3 2 501,000'.. 500,000 100 - - _- 1 75,000 75,000 100 - - -I. -.. 1 20,000 20,000 50 50 - - '... - 1 10,000 10,000 100 - - - 1 2,500'',. 2,500 100 4 of 8 11/15/2002 2:43 PM D&B Business Information Report: TIBURON, INC https://www.dnb.com/scripts/ProductRetriever.asp?REQUESTTYPE=... Data processing svcs 1 2,500 2,500 100 - OTHER INDUSTRIES 11 5,600 1,000 91 9 Other payment categories: Cash experiences 0 0 0 Payment record unknown 0 0 0 Unfavorable comments 0 0 0 Placed for collections: With D&B 0 0 Other 0 N/A.. The highest Now Owes on file is $400,000 The highest Past Due on file is $250 D&B receives nearly 400 million payment experiences each year. We enter these new and updated experiences into D&B Reports as this information is received. Detailed payment history Date Reported Paying Record High Credit Now Owes Past Due Selling Terms Last Sale (mm/yy) ($) ($) ($) Within (months) 10/02 Ppt 10,000 0 0 2-3 mos Ppt 1,000', 0', 0 Special Agreemnt 2-3 mos Ppt 500 250 ''. 0 N30 1 mo Plat 250: 250' 0 Lease Agreemnt 1 mo Ppt-Slow 120 1,000 250 250 1 mo 09/02 Ppt 500,000'.. 400,000'.. 0 N30 1 mo Ppt 75,000; 15,000' 0 N30 1 mo Ppt 40,000 ',. 40,000',. 0 '... 1 mo Ppt 2,500 ',, 1,000 '., 0 1 mo Plat 2,500 2,500 0 Lease Agreemnt 1 mo Ppt 2,500 50 0 1 mo Ppt 2,500 1,000 '.. 0 1 mo Ppt 1,000. 0.. 0 N30 1 mo Ppt 1,000'.. 1,000'... 0 N30 '.. 1 mo Plot 1,000 1,000' 0 N30 1 mo Ppt 750', 0'.. 0 N30 4-5 mos Ppt 500 500 0 1 mo Ppt 250, 250. 0 1 mo Ppt 250 0 '... 0 '... 4-5 mos Ppt 250 250 0 1 mo Ppt 100 0, 0 4-5 mos Ppt 100 100 '', 0 1 mo Ppt 100 0 0 1 mo Ppt 50 0'.. 0 ',, 1 mo Plot 50 50''. 0 1 mo Ppt-Slow 30 20,000', 2,500' 0 ''. 1 mo Slow 5 500 '.., 0 '..... o 4-5 mos (028) 50 4-5 mos Satisfactory. 5 of 8 11/15/2002 2:43 PM D&B Business Information Report: TIBURON, INC https://www.dnb.com/scripts/ProductRetriever.asp?REQUESTTYPE=... 08/02 Ppt 7,500', 00 N30 '.. 2-3 mos Ppt 7,500 0. 0 N30 1 mo Ppt 50 0 ',. 0 4-5 mos 07/02 Ppt 7,500 2,500''. 0 1 mo Payment experiences reflect how bills are met in relation to the terms granted. In some instances payment beyond terms can be the result of disputes over merchandise, skipped invoices etc. Each experience shown is from a separate supplier. Updated trade experiences replace those previously reported. 05/14/2002 Lease expires 2002. On MAY 10 2002 Charles Bridges Jr, vp-cfo, deferred financial information. BANK: Civic Bank of Commerce, Fremont, CA The following Public Filing data is for information purposes only and is not the official record. Certified copies can only be obtained from the official source. Type: Assignment Sec. party: HAMBRECHT & QUIST TRANSITION CAPITAL LLC, SAN FRANCISCO, CA Assignee: HAMBRECHT & QUIST GUARANTY FINANCE LLC, SAN FRANCISCO, CA Debtor: TIBURON INC, DURHAM, NC Filing number: 1551179 Filed with: SECRETARY OF STATE/UCC DIVISION, RALEIGH, NC Date filed: 02/20/1998 Latest Info Received: 06/05/1998 Original UCC filed date: 06/12/1997 Original filing no.: 1464374 Collateral: Inventory - Equipment Type: Partial release Sec. party: HAMBRECHT & QUIST TRANSITION CAPITAL LLC, SAN FRANCISCO, CA Assignee: HAMBRECHT & QUIST GUARANTY FINANCE LLC, SAN FRANCISCO, CA Debtor: TIBURON INC, DURHAM, NC Filing number: 199884273 Filed with: SECRETARY OF STATE/UCC DIVISION, RALEIGH, NC Date filed: 11/09/1998 Latest Info Received: 03/19/1999 Original UCC filed date: 06/12/1997 Original filing no.: 1464374 Collateral: All Contract rights including proceeds and products - All Equipment including proceeds and products - All Building materials including proceeds and products - AII Machinery including proceeds and products - All Fixtures including proceeds and products Type: Original Sec. party: AMSOUTH BANK, CLEARWATER, FL Debtor: TIBERON INC, CLEARWATER, FL 6 of 8 11/15/2002 2:43 PM D&B Business Information Report: TIBURON, INC https://www.dnb.com/scripts/ProductRetriever.asp?REQUESTTYPE=... Filing number: 200100131917 Filed with: SECRETARY OF STATE/UCC DIVISION, TALLAHASSEE, FL Date filed: 06/18/2001 Latest Info Received: 07/09/2001 Collateral: Leased Communications equipment and proceeds Type: Original Sec. party: INTER TEL LEASING INC, HOUSTON, TX Debtor: TIBURON INC, LAKE OSWEGO, OR Filing number: 0000426624 Filed with: SECRETARY OF STATE/UCC DIVISION, SALEM, OR Date filed: 06/10/1998 Latest Info Received: 07/15/1998 Collateral: Leased Business machinery/equipment Type: Original Sec. party: WELLS FARGO FINANCIAL LEASING, INC., RIVERSIDE, CA Debtor: TIBURON INC. Filing number: 0110660176 Filed with: SECRETARY OF STATE/UCC DIVISION, SACRAMENTO, CA Date filed: 04/10/2001 Latest Info Received: 05/01/2001 Collateral: Leased Business machinery/equipment Type: Original Sec. party: FLEET LEASING CORPORATION, TROY, MI Debtor: TIBURON INC Filing number: 0034360101 Filed with: SECRETARY OF STATE/UCC DIVISION, SACRAMENTO, CA Date filed: 11/27/2000 Latest Info Received: 12/29/2000 Collateral: Type: Sec. party: Assignee: Debtor: Filing number: Filed with: Date filed: Latest Info Received: Leased Computer equipment Original ACI FINANCIAL, INC., ALPHARETTA, GA COLONIAL PACIFIC LEASING, PORTLAND, OR TIBURON, INC. 9821760408 SECRETARY OF STATE/UCC DIVISION, SACRAMENTO, CA 08/03/1998 08/11/1998 Collateral: Leased Equipment - Leased Fixtures Type: Original Sec. party: ACI FINANCIAL,INC., ALPHARETTA, GA Assignee: COLONIAL PACIFIC LEASING CORP., PORTLAND, OR Debtor: TIBURON, INC. Filing number: 9805560017 Filed with: SECRETARY OF STATE/UCC DIVISION, SACRAMENTO, CA Date filed: 02/17/1998 Latest Info Received: 03/04/1998 Collateral: Leased Communications equipment Type: Original Sec. party: NTFC CAPITAL CORPORATION, CEDAR RAPIDS, IA Debtor: TIBURON, INC. Filing number: 9604761099 Filed with: SECRETARY OF STATE/UCC DIVISION, SACRAMENTO, CA Date filed: 02/13/1996 Latest Info Received: 03/13/1996 7 of 8 11/15/2002 2:43 PM D&B Business Information Report: TIBURON, INC https://www.dnb.com/scripts/ProductRetriever.asp?REQUESTTYPE Collateral: Specified Computer equipment Type: Original Sec. party: INTERNATIONAL BUSINESS MACHINES CORPORATION/IBM CORPORATION, SANTA ROSA, CA Debtor: TIBURON INC Filing number: 92263990 Filed with: SECRETARY OF STATE/UCC DIVISION, SACRAMENTO, CA Date filed: 12/16/1992 Latest Info Received: 01/20/1993 Type: Continuation Sec. party: CIVICBANK OF COMMERCE, FREMONT, CA Debtor: TIBURON, INC. Filing number: 01204CO148 Filed with: SECRETARY OF STATE/UCC DIVISION, SACRAMENTO, CA Date filed: 07/19/2001 Latest Info Received: 08/14/2001 Original UCC filed date: 12/13/1996 Original filing no.: 9634860572 Type: Termination Sec. party: CIVICBANK OF COMMERCE, FREMONT, CA Debtor: TIBURON, INC. Filing number: 0219000103 Filed with: SECRETARY OF STATE/UCC DIVISION, SACRAMENTO, CA Date filed: 07/05/2002 Latest Info Received: 07/16/2002 Original UCC filed date: 12/13/1996 Original filing no.: 9634860572 There are additional UCC's in D&B's file on this company available by contacting 1-800-234-3867. The public record items contained in this report may have been paid, terminated, vacated or released prior to the date this report was printed. Copyright 2002 Dun & Bradstreet - Provided under contract for the exclusive use of subscriber 263151683L 8 of 8 11/15/2002 2:43 PM D&B Federal Information Report: COMPUDYNE CORPORATIObitps://www.dnb.com/delivery/34/340427/340427.FIRHQ.1163.3214... Decide with Confidence Federal Information Report To save report(s) to your PC, click,.h..e-.re for_ instructions. Print this Report Copyright 2002 Dun & Bradstreet - Provided under contract for the exclusive use of subscriber 263151683L ATTN:jim COMPUDYNE CORPORATION QUANTA SYSTEMS DIVISION DATA CONTROLS SYSTEMS DIVISION 7249 National Drive Hanover, MD 21076 This is a headquarters location. Branch(es) or division(s) exist. Web site: www.compudyne.com Telephone: 410 712-0275 Fax: 410 712-0677 Chief executive: MARTIN A ROENIGK, CHB-PRES-CEO Stock symbol: CDCY Year started: 1952 Employs: 920 (26 here) Financial statement]UN 30 2002 date: Sales F: $127,394,000 Net worth: $32,637,000 History: BUSINESS Financing: SECURED Financial FAIR condition: Identification summary Public Company: Congressional District: Importer/Exporter: Report Printed: NOV 15 2002 In Date D-U-N-S Number: 00-226-2897 SIC: 8711 3812 3825 3452 3549 1731 Line of business: Engineering services, mfg telemetry & frequency analysis pdts, mfg stick screws & drivers & security systems installation D&B Rating: -- D&B PAYDEX®: 12-Month D&B PAYDEX: 69 When weighted by dollar amount, payments to suppliers average 16 days beyond terms. o V too 120 days slow 30 days. aim Pfmpt Anticipates Based on trade collected over last 12 months. YES 01, 03 N/A Possible candidate for socio-economic program consideration Labor surplus area: N/A 1 of 12 11/15/2002 2:50 PM