Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Safran    SAF   FR0000073272

SAFRAN (SAF)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

SAFRAN : MorphoTrust USA Launches as Identity Solutions Provider Solely Dedicated to U.S. Market

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/07/2012 | 05:54pm CEST
07.02.2012
MorphoTrust USA Launches as Identity Solutions Provider Solely Dedicated to U.S. Market

PRESS RELEASE

Billerica, Massachusetts, USA - February 7, 2012

Government agencies and businesses in the U.S. now have a dedicated identity solutions provider in MorphoTrust USA - a Morpho company part of the Safran group - and the only company dedicated to simplifying, protecting and securing the lives of the American people.

MorphoTrust was formed from the integration of three former L-1 Identity Solutions business divisions and corporate headquarters. The company delivers complete, integrated identity and enrollment solutions and is a trusted partner for all 50 states, as well as numerous federal agencies and commercial businesses. Headquartered in Billerica, Mass., it employs approximately 1,100 individuals, and operates over 1,200 Service Centers across the country. MorphoTrust currently provides driver license issuance solutions to 41 of the 50 states and the District of Columbia, the facial recognition solution for the FBI's Next Generation Identity program, and the multi-modal biometric software for the Department of Defense (DoD) Enterprise. It also is the prime contractor for the Department of State's U.S. Passport Card program and the Biometric Systems Integration Services program for passports and visas, as well as the primary supplier of iris recognition software for tactical use within the DoD.

One of MorphoTrust's customers commented, "In our business relationships, we demand the delivery of expert advice, maximum flexibility to adapt to changing conditions and, most importantly, dependability," said New Jersey Motor Vehicle Commission Chief Administrator Raymond P. Martinez. "The New Jersey Motor Vehicle Commission has been pleased to work with our vendor MorphoTrust (formerly L-1 Identity Solutions) on projects that are providing us with increased security capability and greater convenience to the millions of citizens of our state."

Unlike other companies aiming to diversify, MorphoTrust specializes in identity solutions for the U.S., including secure ID issuance, enterprise solutions and a nationwide network of ID service centers. MorphoTrust expects to grow its business providing added convenience through the centers with a broad range of identity-related offerings, as well as solutions to improve service through government agencies such as motor vehicle offices, and new commercial offerings for markets such as financial services and aviation.

"While the technology we develop and employ is sophisticated, what we do can be summarized simply: we verify that individuals are who they claim to be, in support of our customers' goal of 'one person, one identity'," said MorphoTrust CEO Robert Eckel. "Ensuring that only one trusted identity is associated with each individual is tremendously important to furthering national and homeland security, preventing fraud, enabling trusted transactions, and empowering Americans to go about their daily lives."

****

About MorphoTrust USA™

MorphoTrust USA™ - a Morpho company part of the Safran group - is the leading U.S. provider of identity solutions to simplify, protect and secure the lives of Americans. The company's offerings help to verify the identity of applicants and deliver the secure credentials that individuals rely on to exercise their civil rights, gain access to benefits and services, and ensure trusted transactions, while reducing fraud and enhancing national security. MorphoTrust is subject to a Proxy Agreement with the Department of Defense (DoD) and a National Security Agreement with the Committee on Foreign Investment in the United States (CFIUS). These agreements, which have the force of law, are intended to protect the design and production of sensitive technology and the storage of sensitive information against unauthorized foreign control and access. The company delivers solutions for secure ID issuance, such as U.S. driver licenses and passports, as well as for border management, law enforcement, retail, travel and applicant vetting through the use of document authentication, data verification and biometrics (iris, fingerprints and face). We serve many U.S. federal agencies and businesses, operating in all 50 states of the United States, with a nationwide network of Service Centers, with over 1,200 convenient locations.

MorphoTrust USA
Communications Department
296 Concord Road
Billerica, MA 01821
www.morphotrust.com

Press Contacts
Jerrine OWEN
Tel (978) 215-2758
Mob (503) 887-6943
jowen@morphotrust.com

Courtney HASTINGS
Tel (202) 585 0210
Mob (202) 277 4936
chastings@rhstrategic.com

PRESS RELEASE

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SAFRAN
08/11 SAFRAN : - ALC places $348 million CFM LEAP-1B engine order
08/10 SAFRAN : "Method for Selecting of a Milling Cutter for Machining" in Patent Appl..
08/10 SAFRAN : TSA Pre✓ and TWIC Programs to Be Offered at Maryland Department ..
08/09 SAFRAN : ALC places $348 million CFM LEAP-1B engine order
08/07 SAFRAN : - LEAP engine setting new standard for commercial aviation
08/04 Airbus deliveries remain hampered by engine delays
08/03 SAFRAN : Patent Application Titled "Method and System for Evaluating a Flow Rate..
08/03 TRIUMPH : to Provide Thrust Reverser Cowl Opening Systems for Safran on A320neo
07/28 SAFRAN : Half-Year Results of the Dassault Aviation Group
07/28 SAFRAN : First half 2017 results
More news
News from SeekingAlpha
08/13 Tracking Tweedy Browne Portfolio - Q2 2017 Update
07/28 Safran's (SAFRF) CEO Philippe Petitcolin on Q2 2017 Results - Earnings Call T..
07/28 Safran SA reports 1H results
07/28 Safran SA 2017 Q2 - Results - Earnings Call Slides
06/22 Europe sets sights on cheap rocket engines
Financials (€)
Sales 2017 16 336 M
EBIT 2017 2 389 M
Net income 2017 1 572 M
Finance 2017 782 M
Yield 2017 1,92%
P/E ratio 2017 17,92
P/E ratio 2018 18,65
EV / Sales 2017 2,08x
EV / Sales 2018 1,85x
Capitalization 34 726 M
Chart SAFRAN
Duration : Period :
Safran Technical Analysis Chart | SAF | FR0000073272 | 4-Traders
Technical analysis trends SAFRAN
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 82,7 €
Spread / Average Target -0,67%
EPS Revisions
Managers
NameTitle
Philippe Petitcolin Chief Executive Officer & Director
Bernard-Pierre Jacques Delpit Chief Financial Officer
Jean-Marc Forneri Independent Director
Patrick Gandil Director
Xavier Lagarde Director
Sector and Competitors
1st jan.Capitalization (M$)
SAFRAN21.70%40 907
TRANSDIGM GROUP INCORPORATED12.03%14 554
SPIRIT AEROSYSTEMS HOLDINGS, INC.20.29%8 305
AVIC AIRCRAFT CO LTD--.--%8 206
MTU AERO ENGINES12.39%7 559
HEICO CORP40.02%6 630