[Capital Wanted] Korean security software provider

 

Incorporated:2004

Employees:23 Ownership: Private   COMPANY OVERVIEW

             Established in 2004, Mininfo Co., Ltd. (hereinafter “Mininfo” or “the Company”) is an online security software provider, especially targeted for the financial sector. Of late, Mininfo has diversified its business from system integration to various security

solution systems, such as database security, web security, and personal information security solutions, with products customized for the financial sector. The Company’s technology is protected through a number of patents and certificates, with more pending.

PRODUCTS/SERVICE

Minifo’s main products include; Dementor-SKP (virtual keyboard) which protects a password from hacking throughout the entire phase – from mouse input to the server. Dementor-SGP, which protects personal information using a password that is generated by a one-time path value based on the graphic image, when running the login process. Checkman solution, which converts the personal information into consistent and unique virtual data, such as account number, name, and password etc, when transferring the actual data to the test server for the acceptance and unit test, which is needed for new business development and maintenance. Docu-Guard is the real-time conversion solution that doesn’t download the original file. All documents and image files can be converted with a single click, and displayed by the viewer that is automatically distributed.

 

RECENT HIGHLIGHTS      

• Selected as one of Patent Star Companies (15 companies) by Seoul Metropolitan City.

• Received the Minister of Knowledge and Economy’s –“Digital Innovation Grand Award” and “IT Innovation Grand Award.”

•           Signed MOUs and provided DEMENTOR to clients - Clunet, Freechal, and Nechingu communication

•           Supplied CHECKMAN to Woori Bank, HK Bank, and Jeil Mutual Saving Bank     

 

SALES BREAKDOWN (KRW billion)      Sales in 2008      Major Customers

DEMENTOR                                     0.513                  Freechal

Docu-Guard                                    0.014    Military Manpower Administration Others                                           1.52                    Woori Bank

 

 

FINANCIAL INFORMATION (KRW billion)       2006      2007      2008      2009(E)

Total Assets                                           2.7         1.7         2.5         3.5

Total Liabilities                                        2.3         1.1         1.8         2.0

Total Shareholders’ Equity                         0.4         0.6         0.7         1.5

Sales                                                    2.40       1.97       2.05       4.70

Operating Profit (loss)                             0.002     0.06       (0.04)     0.50

Sales Growth Rate                                  130%     18%       4%         129%

Operating Profit Margin                            0.08%    3%         -            10.6%

MAJOR SHAREHOLDERS

• Kim Min Su - 60.77%

• Yang Sung Ha  - 19.23%

• Kim Yong Hyeon - 14.53%

 

 

SENIOR MANAGEMENT

• Kim Min Su, CEO

• Park Young Chun, CTO

• Kang Seok Jun, CSO

 

TRANSACTION OVERVIEW

Mininfo is seeking KRW 5 billion from a financial investor. The funding will be used for further product development and overseas market penetration.

 

CONTACT INFORMATION

Investment Partnership Support Team, Invest KOREA

Mr. James Park

Tel:+82-2-3460-7514  Fax: +82-2-3460-7955  E-mail: jtp@kotra.or.kr