Clock component is a Scripts software developed by newpixel, LLC.. After our trial and test, the software is proved to be official, secure and free. Here is the official description for Clock component:

BS Editor: Different styles and formats can be applied to the clock at runtime and in the authoring environment with the Properties panel. Click the buttons below the running clock at the right to see some of the component's functionality in action...

* Customize text format using styles
* Full control over date & time format
* QA approved by Adobe Exchange
* Drag and drop a component onto the stage, export your Movie and you'll see the clock...
* No coding needed!

Features:

* Hide or show seconds, time and date
* Use Standard Time/date formatting characters used in the PHP date() function
* Full customization of time and date appearance, including mixed formats
* Time can be set with a user-defined flash Date object
* Set the time local to the client machine or relative to GMT to implement "World" times
* Let the clock run, or stop it to keep the time fixed
* Full 'flash-style' help provided in the help panel
* Day and month names can be localized to any language
* View documentation for a full list of capabilities