Technical Communications Corporation (TCCO) 2000年年度报告「NASDAQ」.pdf

1、Mission Critical Networks|Global Communications|End to End Security2 0 0 0 A n n u a l R e p o r t1Technical Communications CorporationAnnual Report for Fiscal Year 2000ContentsPresident and CEOs Letter.2Our Products.3Consolidated Balance Sheets .7Consolidated Statements of Operations .8Consolidated

2、 Statements of Cash Flows .9Consolidated Statements of Comprehensive Income(Loss)and Stockholders Equity.10Notes to Consolidated Financial Statements.11Report of Independent Public Accountants .22Selected Financial Data.23Corporate Information .242President and CEOs Lettersystems;and communications

3、services.These partnershipswill imbed TCC encryption technology into the primeequipment or service and provide TCC with access to newand larger markets.New product technologies is a principal element of TCCsplan for growth and during fiscal 2000 we made signifi-cant progress in two important areas.S

4、ecurity for wirelesscommunications presents many challenges due to therequirements for high voice clarity,low latency and thetight packaging constraints of todays cellular phones.TCC has made significant progress in developing the fun-damental technologies that meet these requirements andcan be dire

5、ctly imbedded into the software architecture ofthe mobile phone.Using the same technology,companionproducts that provide secure communication between themobile phone and desk sets and the capability for securenet-conferencing are possible Our CipherONE family of network products has beenstrengthened

6、 with a new version of the CX7200 InternetProtocol Encryptor that meets the US federal FIPS 140-1,Level 3 standard for high strength security.Compliancewith this standard is necessary to compete in both domes-tic and foreign markets.During the period,work beganon the capacity upgrade to CX7100 Frame