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Test Number : HP2-B61
Test Name : HP Imaging and Printing Management and(R) Security Solutions - Technical
Vendor Name : HP
: 40 Dumps Questions
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BURLINGTON, Mass.--(enterprise WIRE)--Nuance Communications, Inc. (NASDAQ: NUAN) nowadays introduced an contract under which Nuance will acquire Equitrac agency, a leading issuer of intelligent print management and value restoration utility. Equitrac solutions had been adopted by way of more than 25,000 corporations global to put in force comfy and managed printing for business, world and cellular workforces.
The acquisition expands Nuance’s document imaging portfolio, including Equitrac’s market-leading print administration products to Nuance eCopy ShareScan® scanning and workflow options, and to Nuance OmniPage, PaperPort and PDF Converter knowledgeable laptop applications. The addition of Equitrac additionally strengthens Nuance’s international channel partnerships with multifunction printer (MFP) carriers, together with Canon, Xerox, Konica Minolta, Ricoh and HP – each and every of whom at present promote both Equitrac print management and Nuance eCopy scanning solutions via their purchasers or as a part of their Managed Print features (MPS) portfolios.
“Equitrac expands their capability to provide their shoppers and MFP partners with solutions that deliver even better levels of can charge discount rates and workplace productivity,” referred to Robert Weideman, senior vp and common manager of the Nuance doc Imaging Division. “Equitrac promises proven cost in healthcare, monetary, prison and tutorial organizations, and gives secure print capabilities to computer and mobile global workplace worker's. This complements Nuance’s strengths in mobile and workplace productivity, and aligns well to Nuance’s key verticals, specifically healthcare.”
Equitrac raises the productiveness and document security of office employees with the comply with-You® printing solution. clients print documents from their computing device as typical, then use card-swipe or log-in identification at a networked MFP to view and select their files for on-demand printing. No remember the place they go of their company – an MFP across the nook from their workplace or at workplace places throughout the globe – the user’s personalised on-demand document selections are instantly attainable from the MFP contact-reveal. In a clinic atmosphere for example, care providers can securely access and print standardized kinds or selected patient experiences from any MFP or printer on the network – a nurse’s station, health professional’s office or emergency room.
“There’s a protracted history of clients choosing Equitrac as their MFP print administration answer and Nuance eCopy as their MFP scanning answer. From day one, the aggregate of Nuance and Equitrac delivers the best of scanning and better of print administration to their shoppers and companions international,” noted Michael rich, president and CEO, Equitrac supplier. “Even greater, Nuance’s leadership in speech consciousness, healthcare solutions and clever contact-display interfaces supply a fertile ground for innovations that promise to convey breakthrough increases in can charge mark downs and workplace productiveness.”
The mixture of Nuance and Equitrac outcomes in:
products that raise cost discount rates and workplace productivity – Nuance eCopy and Equitrac options are each built-in with the touch-screens of MFP contraptions, and are main options for automating and optimizing doc methods inside agencies of each size. customers need and want both secure print and scanning solutions; an estimated 25 percent of Nuance eCopy installations have already got print administration utility – a lot of them from Equitrac. apart from offering an built-in offering, Nuance will proceed to present eCopy and Equitrac as standalone products that aid each print and scan companions, equivalent to NTware, NSi, Omtool, GlobalScan and SafeCom.
Strengthening of international OEM Partnerships – Nuance has effective profits-based channel relationships with Brother, Canon, HP, Kodak, Konica Minolta, Ricoh, Visioneer, Xerox and extra. Equitrac has strategic ties with HP, Konica Minolta, Ricoh, and Xerox – and increasing relationships with Canon, Fuji-Xerox, Lexmark, Samsung and more. The mixture of Nuance and Equitrac will supply the OEM neighborhood with the biggest and most skilled group dedicated to featuring MFP associate revenue, skilled features, assist and client provider global.
Unmatched software Connectivity – Nuance and Equitrac are leaders in connecting MFPs to again-end commercial enterprise applications. Nuance eCopy connects to over 200 applications, including content administration, database and monetary software. Equitrac connects to over 50 cost restoration, auditing and financial techniques, expanding Nuance’s capabilities to consist of aid for crucial enterprise functions similar to SAP and others.
accelerated solutions for Key Verticals – Equitrac has huge penetration in healthcare, finance, legal, government and educational vertical markets, featuring a robust complement to Nuance’s effective place in finance, felony, schooling, govt and particularly healthcare, the place Nuance solutions are used in over 4,000 hospitals and with the aid of over a hundred,000 care suppliers.
Innovation in Managed Print functions
because the office device industry continues the migration to a services-led delivery mannequin for printing and document processing, Equitrac and Nuance document imaging solutions are vital components of ensuring OEM success within the MPS market. the mixing of Equitrac with Nuance eCopy will provide imaginitive, integrated, cross-platform MFP-based document solutions to carry on the promise can charge mark downs if you want to power the adoption of MPS solutions across firms.
below the terms of the agreement, consideration for the transaction is $157 million in cash. The transaction is anticipated to close late in the fourth quarter of Nuance’s fiscal 12 months 2011, ending September 30, 2011. Nuance expects the acquisition in fiscal 2012 to add between $58 million and $60 million in non-GAAP income; $27 million and $29 million in GAAP profits after adjusting earnings lost to purchase accounting; non-GAAP revenue between $0.04 and $0.05; and a GAAP loss between $(0.05) and $(0.06). See “discussion of non-GAAP monetary Measures” below for further tips.
About Equitrac service provider
Equitrac service provider is the international leader of clever print administration and price restoration software solutions for the company, criminal, schooling, healthcare and monetary services markets. Equitrac’s options are mission critical to all agencies that want to greater effectively manage their printing environments, cut back printing fees, raise security and diminish their environmental impact. The business is backed with the aid of an unmatched R&D software and is a favorite know-how associate with all leading providers of multifunction instruments. Equitrac is has been in enterprise for 30 years and has greater than 25,000 valued clientele in 70 countries. Equitrac’s solutions are deployed in international 500 groups, AMLAW 200 felony businesses, and main faculties, universities and faculty districts. For extra suggestions, consult with www.Equitrac.com.
Nuance Communications, Inc.
Nuance Communications, Inc. (NASDAQ: NUAN) is a number one company of speech and imaging options for agencies and patrons around the globe. Its technologies, functions and features make the user event more compelling via remodeling the manner americans interact with guidance and the way they create, share and use files. each day, thousands and thousands of users and lots of corporations journey Nuance’s confirmed functions. For more assistance, please visit www.Nuance.com.
Nuance and the Nuance brand are registered logos or trademarks of Nuance Communications, Inc. or its associates within the united states and/or different international locations. All other company names or product names referenced herein could be the property of their respective owners.
Statements in this press unlock related to Nuance’s managed document features expertise, anticipated growth in the MPS market, and every other statements about Nuance managements’ future expectations, beliefs, desires, plans or possibilities constitute ahead looking statements within the that means of the deepest Securities Litigation Reform Act of 1995. Any statements that are not statements of historic truth (including statements containing the words "believes," "plans," "anticipates," "expects," estimates and similar expressions) should still even be considered to be ahead looking statements. There are a number of essential elements that might trigger specific effects or routine to vary materially from these indicated through such forward searching statements, together with the elements described in Nuance's Annual report on form 10 k for the fiscal yr ended September 30, 2010 and other filings with the U.S. Securities and exchange commission. Nuance disclaims any intention or obligation to replace any forward searching statements because of traits taking place after the date of this press liberate.
dialogue of Non-GAAP economic Measures
management utilizes a number of different fiscal measures, each GAAP and non-GAAP, in inspecting and assessing the usual efficiency of the enterprise, for making working decisions and for forecasting and planning for future intervals. Their annual financial statement is prepared each on a GAAP and non-GAAP basis, and the non-GAAP annual financial plan is permitted by way of their board of administrators. continual budgeting and forecasting for income and charges are performed on a constant non-GAAP foundation (apart from GAAP) and exact results on a non-GAAP foundation are assessed against the annual financial statement. The board of administrators and administration utilize these non-GAAP measures and effects (apart from the GAAP results) to determine their allocation of components. in addition and because of the value of those measures in managing the company, they use non-GAAP measures and consequences within the contrast process to establish management’s compensation. as an instance, their annual bonus program payments are based upon the achievement of consolidated non-GAAP salary and consolidated non-GAAP income per share financial pursuits. They trust the use of non-GAAP earnings helpful in knowing the efficiency of their company, because it excludes the purchase accounting influence on obtained deferred revenue and different acquisition-related adjustments to earnings. They also consider using non-GAAP income per share effective in assessing the biological performance of the continuing operations of their enterprise. by organic efficiency they mean performance as if they had owned an bought company in the identical period a yr in the past. by means of carrying on with operations they imply the ongoing outcomes of the enterprise aside from definite unplanned expenses. while their management uses these non-GAAP monetary measures as a tool to increase their realizing of definite elements of their financial performance, their management doesn't consider these measures to be an alternative choice to, or advanced to, the tips provided through GAAP salary and revenue per share. in line with this approach, they trust that disclosing non-GAAP earnings and non-GAAP income per share to the readers of their financial statements provides such readers with effective supplemental records that, whereas now not an alternative choice to GAAP salary and earnings per share, permits for superior transparency within the assessment of their economic and operational efficiency. In assessing the affect of the acquisition of Equitrac, their administration has both covered or excluded items in 4 well-known categories, each and every of which are described under.
Acquisition-linked salary and value of profits.
The enterprise included salary related to its acquisition of Equitrac that would in any other case had been identified however for the purchase accounting medication of those transactions. as a result of GAAP accounting requires the removing of this income, GAAP outcomes on my own don't completely trap all the company’s economic actions. These non-GAAP alterations are supposed to reflect the entire amount of such salary. The company includes non-GAAP salary and price of profits to allow for extra finished comparisons to the monetary results of historic operations, ahead-looking tips and the monetary outcomes of peer agencies. The company believes these changes are constructive to management and traders as a measure of the continued efficiency of the enterprise as a result of, although they cannot make sure that customers will renew their contracts, the business traditionally has experienced excessive renewal prices on maintenance and support agreements and other client contracts. moreover, although acquisition-linked profits adjustments are non-habitual with appreciate to previous acquisitions, the business commonly will incur these adjustments in connection with any future acquisitions.
Acquisition-linked costs, internet.
The acquisition of Equitrac, as with different acquisitions, will influence in working fees which might now not in any other case have been incurred. The enterprise gives supplementary non-GAAP economic measures, which exclude certain transition, integration and different acquisition-linked cost gadgets as a result of acquisitions, to enable greater accurate comparisons of the economic effects to historical operations, forward-searching suggestions and the financial effects of less acquisitive peer agencies. The enterprise considers these kinds of prices and changes, to an excellent extent, to be unpredictable and based on a big variety of components which are backyard of the handle of the company. moreover, the company does not believe these acquisition-connected fees and changes to be involving the organic continuing operations of the obtained agencies and are often not valuable to assessing or estimating the long-time period efficiency of the received belongings. in addition, the dimension, complexity and/or volume of previous acquisitions, which commonly drives the magnitude of acquisition-connected prices, might also no longer be indicative of the measurement, complexity and/or volume of future acquisitions. by aside from acquisition-linked expenses and adjustments from their non-GAAP measures, administration is stronger in a position to evaluate the company's capability to utilize its present property and estimate the lengthy-time period price that bought property will generate for the company. The business believes that proposing a supplemental non-GAAP measure which excludes these items makes it possible for administration and traders to believe the continued operations of the company both with, and with out, such costs.
These acquisition-related prices are blanketed in right here categories: (i) transition and integration fees; (ii) skilled provider fees; and (iii) acquisition-connected adjustments. youngsters these prices are not routine with appreciate to previous acquisitions, the business generally will incur these prices in connection with any future acquisitions. These classes are extra discussed as follows:
(i) Transition and integration costs. Transition and integration fees encompass retention funds, transitional employee expenses, earn-out payments handled as compensation cost, as neatly as the expenses of integration-connected functions supplied with the aid of third events.
(ii) knowledgeable service costs. expert carrier fees include direct expenses of the acquisition, in addition to submit-acquisition criminal and other skilled service costs linked to disputes and regulatory matters involving received entities.
(iii) Acquisition-connected adjustments. Acquisition-related changes encompass changes to acquisition-linked items which are required to be marked to fair price each and every reporting period, reminiscent of contingent consideration, and different gadgets related to acquisitions for which the size length has ended, such as gains or losses on settlements of pre-acquisition contingencies.
Amortization of bought Intangible assets.
The enterprise excludes the amortization of obtained intangible assets from non-GAAP expense and income measures. These amounts are inconsistent in volume and frequency and are vastly impacted through the timing and measurement of acquisitions. offering a supplemental measure which excludes these expenses enables management and investors to consider consequences “as-if” the bought intangible assets had been developed internally in preference to got and, for this reason, offers a supplemental measure of performance wherein the enterprise’s acquired highbrow property is handled in a similar method to its internally developed highbrow property. however the enterprise excludes amortization of bought intangible assets from its non-GAAP expenses, the enterprise believes that it is critical for investors to remember such intangible belongings contribute to earnings generation. Amortization of intangible property that relate to previous acquisitions will recur in future intervals until such intangible assets have been entirely amortized. Future acquisitions can result in the amortization of additional intangible belongings.
The company gives non-GAAP suggestions relative to right here non-cash expenses: (i) inventory-based mostly compensation; and (ii) definite accrued profits taxes. These items are additional mentioned as follows:
(i) inventory-based mostly compensation. on account of varying attainable valuation methodologies, subjective assumptions and the range of award varieties, the business believes that the exclusion of stock-based mostly compensation allows for extra correct comparisons of operating results to see groups, in addition to to times within the business’s historical past when inventory-based mostly compensation became more or much less large as a portion of typical compensation than in the present length. The company evaluates performance each with and without these measures because compensation cost related to stock-primarily based compensation is customarily non-money and the alternate options and restrained awards granted are influenced through the company’s inventory cost and different elements comparable to volatility which are beyond the business’s control. The price concerning stock-primarily based awards is generally not controllable within the short-time period and might vary enormously in line with the timing, dimension and nature of awards granted. As such, the business does not consist of such fees in operating plans. stock-primarily based compensation will continue in future periods.
(ii) certain amassed salary taxes. The enterprise also excludes definite gathered income taxes because the business believes that aside from this non-money fee gives senior management, as well as other users of the financial statements, with a advantageous perspective on the money-primarily based performance and fitness of the enterprise, including the latest near-time period projected liquidity. This non-money fee will continue in future durations.
The business believes that offering the non-GAAP assistance to investors, in addition to the GAAP presentation, makes it possible for investors to view the fiscal outcomes in the manner management views the working consequences. The company additional believes that providing this information permits traders to now not simplest improved remember the company’s economic performance, but more importantly, to consider the efficacy of the methodology and counsel used via administration to evaluate and measure such performance.Nuance Communications, Inc. Reconciliation of Supplemental financial suggestions GAAP and non-GAAP earnings and net income (Loss) per Share counsel (in hundreds, apart from per share quantities) Unaudited Estimated profits and Per Share affect of the acquisition of Equitrac organisation Twelve months ended September 30, 2012 Low excessive GAAP income $ 27,000 $ 29,000 Acquisition-connected adjustment - earnings 31,000 31,000 Non-GAAP earnings $ fifty eight,000 $ 60,000 Accretion/(dilution) of GAAP web loss per share $ (0.06 ) $ (0.05 ) Acquisition-connected adjustment - income 0.09 0.09 Acquistion-connected adjustment - can charge of revenue (0.02 ) (0.02 ) Acquisition-linked fees, web 0.02 0.02 Amortization of intangible property 0.04 0.04 Non-cash stock-primarily based compensation 0.01 0.01 Non-money earnings taxes (0.04 ) (0.04 ) Accretion of non-GAAP net profits per share $ 0.04 $ 0.05 Shares utilized in computing accretion/dilution on GAAP and non-GAAP net salary (loss) per share: Weighted standard normal shares: basic 317,000 317,000 Weighted common average shares: diluted
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Novell [37 Certification Exam(s) ]
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Trainers [3 Certification Exam(s) ]
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Veeam [2 Certification Exam(s) ]
Veritas [33 Certification Exam(s) ]
Vmware [68 Certification Exam(s) ]
Wonderlic [2 Certification Exam(s) ]
Worldatwork [2 Certification Exam(s) ]
XML-Master [3 Certification Exam(s) ]
Zend [6 Certification Exam(s) ]
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