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HP2-B62 exam Dumps Source : HP Imaging and Printing Management and(R) Security Solutions - Sales
Test Code : HP2-B62
Test denomination : HP Imaging and Printing Management and(R) Security Solutions - Sales
Vendor denomination : HP
: 50 actual Questions
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more than two months in construction, the HP Linux Imaging and Printing 3.19.three utility and drivers are here invoke sheperd for a bunch of unique HP printers, including HP OfficeJet seasoned All-in-One 9010, HP OfficeJet professional All-in-One 9020, HP OfficeJet All-in-One 9010, HP PageWide XL 4100 and 4600 printers, HP PageWide XL 4100 and 4600PS MFP, in addition to HP color LaserJet Managed MFP E77422a, E77422dv, E77422dn, and E77428dn.
other than the sheperd for the plethora of the unique HP printers outlined above, the HP Linux Imaging and Printing 3.19.3 software and drivers convey serve for some of the latest essential GNU/Linux distributions, including LinuxMint 19.1, Debian GNU/Linux 9.7, and red Hat commercial enterprise Linux 7.6. They remind users that the outdated liberate delivered serve for Fedora 29, OpenSuSE start 15, and Manjaro 18.0 distros.
HP’s Imaging and Printing neighborhood these days announced the a success completion of its middle East corporate and commercial enterprise Roadshow. aimed at enterprise purchasers across the headquarters East location, the roadshow coated a sequence of areas for key IT, purchasing, facility and repair managers, and served to train valued clientele about streamlining their printing options in addition to showcasing HP’s unique offerings in the vicinity.
The undergo became HP’s biggest-ever rollout of multifunction printers within the area, which visited eight locations including Abu Dhabi, Dubai, Riyadh, Jeddah, Cairo, Oman, Kuwait and Qatar, with key purchasers attending from in every bit of places the region.
The roadshow illustrated HP’s contemporary announced plans to back its enterprise imaging and printing product portfolio and fashion to extend the dimension and potential of its revenue drive and to supply clients with unparalleled levels of carrier, information and commerce insight.Thomas Vajak, commerce business & sales manager, Imaging and Printing group, HP headquarters East: “customers are worrying greater trade-selected choices and vertical solutions that tackle essential commerce needs similar to improving procedures, operational efficiencies, can permeate rate reductions and revenue. HP has the confirmed potential and the capabilities to address particular IT and end-user challenges for the future and they desired to parade this very electricity to their valued clientele with the aid of roadshows.”
biggest multifunction printer rollout in company historyAt the roadshow, HP furthermore showcased it’s unique multifunction printer (MFP) lineup which adds to the HP LaserJet portfolio, offering the trade’s most finished set of options for both commercial enterprise and small to mid-dimension commerce customers.HP TechnologiesHP additionally highlighted a lot of HP applied sciences to purchasers on the roadshows together with HP’s web Jetadmin, color access wield and Award winning conventional Print Driver.
HP’s internet Jetadmin platform is a web-primarily based print management solution that helps optimize gadget utilization, manage color expenses, and streamline components management through enabling remote configuration, monitoring, and troubleshooting of community printers and associated print infrastructure components. HP colour entry wield lets IT managers select the degree of manage they want, through maximizing shadow value, monitoring printing by way of clients or functions, and even billing inner departments for colour printing. With HP measure Print Driver, a single, ingenious driver replaces individual drivers, which helps shop useful IT time, makes printing less difficult for conclusion users, and chop back calls to the aid desk.
Key items showcased covered:• HP LaserJet M3035/3027 MFP Printer sequence – A compact, economical workteam MFP that grants as much as 35ppm with extremely helpful output and a handy stapler. This unique product furthermore contains an superior wield panel with an intuitive and very basic contact-display enabling convenient interplay by using visually walking via processes, and aiding with setup and troubleshooting.• HP LaserJet M4345 MFP Printer collection – The solemnize on to the commerce altering 4345 MFP. top of the line for workgroups, the MFP presents quick printing and copying at up to 43ppm non-compulsory faxing and superior digital sending with paper managing, finishing and the greater wield panel.• HP LaserJet M5035/5025 MFP Printer collection – The extensive format MFP gives comparatively cheap A4 and A3 printing and copying at as much as 35ppm, faxing and stapling alternatives, with superior digital sending and stronger control panel.• HP LaserJet CM1015/1017 MFP –. Combining print speeds of up to 8ppm (shade and black-and-white) with HP ImageREt 2400 expertise and HP Colorsphere Toner, this affordable printer produces skilled files and image printouts with extraordinary colorings. With its small footprint, the handy-to-use machine matches comfortably on a laptop.HP’s additionally showcased it’s newest compass of monochrome expertise for clients trying to boost office effectivity, and increasing the latitude of shadow printing systems for shoppers seeking to enhance the effectiveness of established office documents and marketing collateral. These encompass:• HP LaserJet P3005 Printer sequence – a quick, feature-packed community equipped monochrome printer sequence with optional two-sided printing and speedy-on expertise. The collection is highest quality for document-intensive, small toil crew environments requiring Great printing with low renovation.• HP colour LaserJet CP4005 Printer collection – offering durable, excessive-performance coloration printing with a posthaste first page out because of fast-on technology, handy sharing and low operating fees. Designed for HP ColorSphere Toner, which provides stunningly high best prints.
About HPHP is a technology options company to consumers, companies and institutions globally. The company’s offerings span IT infrastructure, world functions, company and home computing, and imaging and printing. For the 4 fiscal quarters ended Oct. 31, 2006, HP income totaled $ninety one.7 billion. greater assistance about HP (NYSE, Nasdaq: HPQ) is accessible at www.hp.com.
About HP middle EastHP is the biggest know-how and options issuer within the core East with 670 personnel and subsidiaries in Dubai, Abu Dhabi, Riyadh, Jeddah, Khobar, Cairo, Ramallah and Oman servicing the GCC, Egypt and the Levant. HP has been present in the headquarters East considering that 1968 and opened its first regional workplace in 1994. HP middle East is the market chief for business, small and medium enterprise and buyer expertise products and offers a great portfolio of options and features in a number of company domains.
extra suggestions about HP within the core East is obtainable at www.hp.com/me
big apple - January 31, 2019 - Duggal visible solutions, a world printing and images company headquartered in long island, is the primary company within the Northeast united states — and one of the vital very first on the planet — to better its HP Indigo 12000 digital press to acquire the brand unique HD Imaging device for the outstanding industrial printing market.
This better conveniently doubles the addressable resolution of the Indigo press to 1625 dpi, which consequences in a virtual resolution of 4876 dpi and a fantastic line expose of 290 for a smooth, highly exact print that far surpasses different commercial digital presses and even offset for satisfactory, enabling Duggal to carry know-how gallery-nice prints to excessive-quantity industrial production together with element-of-sale graphics, brochures, books, catalogs and expose purposes.
The HP Indigo 12000 offers creation accelerates to 4,600 20x29-inch sheets per hour, plus 7-colour capacity, including HP Indigo ElectroInk White, spot shades and Fluorescent Inks. The addition of the HD Imaging system sets a unique benchmark for picture high-quality, specifically in the replica of images with epidermis tones, skies, flat tint areas, composite gray areas, best textual content, or landscapes.
up to now, HP furthermore worked with Duggal to exist the primary site in the Americas with an HP Indigo 12000.
"Duggal is a trusted accomplice that has at every bit of times been at the forefront of know-how, so it become handiest herbal to once again companion with them to convey their unique HD Imaging gadget to their HP Indigo 12000 as the first press upgraded in the North East of the U.S. and one of the very first ones on earth," noted Haim Levit, vice president and measure supervisor, HP Indigo & Inkjet Press solutions. "As Duggal has long been familiar for excellent satisfactory and for bringing unique innovations to the market, they are longing for seeing their enlargement into unique markets and elevating the image best produced with digital printing to a further step forward stage, because of this ingenious unique excessive-Definition Imaging system for HP Indigo 12000 digital presses."
The HD Imaging rig can provide double addressability and 30 % smaller ink dots, allowing for better halftone dot placement. Halftone dots are denser, smaller and greater uniform, leading to a virtual resolution of 4876 dpi and extravagant LPI displays.
"we're extremely supercilious to continue to exist amongst HP's first selections for introducing online game-altering know-how relish the HP Indigo 12000 HD to the printing market and, most importantly, to continue to carry unique capabilities to their global clientele," noted Mike Duggal, CEO, Duggal visual solutions. "HP's mission to 'hold reinventing' is one that they involve and mirror, which is why their partnership continues to thrive."
Duggal makes exhaust of the HP Indigo 12000 HD for synthetics, canvas, window clings, and metal and coloured substrates, as well as non-licensed substrates with HP Indigo ElectroInk Primer.
supply: Duggal visible solutions
The previous press unlock became offered by means of a corporation unaffiliated with Printing Impressions. The views expressed inside achieve not without deliberate reflect the innovations or opinions of Printing Impressions.
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HP Wednesday said it has entered into a definitive agreement to acquire Apogee, Europe's top multivendor managed print services provider, as piece of its all-out permeate to extend its partake of the $55 billion A3 print copier replacement market.
HP said the deal values U.K.-based Apogee – which has profound multivendor relationships with HP and major print vendors including Xerox, Konica Minolta, Kyocera and Canon -- at $499 million.
[Related: HP Announces First-Ever Bug Bounty Program For Printer Security]
Apogee, which has 1,000 employees and $300 million in annual revenue, currently does only a small partake of its managed print commerce with HP.
HP billed the acquisition as a sail to "boldly" leverage the industry shift to contractual sales as it aggressively pursues the A3 copier replacement market.
HP Imaging and Print President Enrique Lores said the deal is a major step for HP to grow its contractual print business. "We are really excited about the chance that this deal opens for us," he said in an interview with CRN. "We can really promote and accelerate their growth in the contractual space."
Lores said the deal "complements" HP's broader strategy and does not signal a sail to extend the percentage of commerce that it takes direct. In fact, he said, HP is committed to growing its channel commerce as a percentage of total revenue beyond the current nearly 90 percent mark.
"We remain fully committed to their channel partners; immediate to 90 percent of the commerce is done through the channel and their scheme is to continue to grow that," said Lores. "The partners should remark this as a way for us to demonstrate their commitment to grow and promote their commerce in the contractual space. They should not remark this as a threat. They should remark this as a complement to the strategy they maintain been putting in site in the eventual few years."
HP said that Apogee will maintain the "same commercial relationship" with HP as any other "premium partner" with the selfsame access to tools and programs.
By maintaining Apogee as an independent subsidiary, HP will ensure that the managed print services provider does not maintain more attractive pecuniary terms than other HP partners, said Lores."They will not maintain access to special terms," he said. "They will not maintain access to special programs. They will maintain access to the selfsame terms that other resellers in this category have."
Lores said HP plans to leverage any tools and methodology from the Apogee deal to grow the channel business. "Our commitment to the channel has not changed," he said. "Anything that they learn that they deem could exist applied to serve others grow, they will exhaust it [to grow the channel business]."
In fact, he said, one of the key benefits from the acquisition will exist HP's faculty to accelerate its scholarship of the contractual managed print services and solutions market to boost the channel. "As they better their knowledge, it will exist easier for channel partners to achieve commerce with us and should translate into a profit for every bit of of us," he said.
Once the deal is finalized, Apogee – which has up until now touted its "independence" and "brand-agnostic" print services capabilities -- will exist shun as an independent subsidiary of HP with a board composed of Apogee and HP executives.
HP said it expects the current Apogee management team to wait in site with the managed print services provider continuing to sell and service solutions from multiple vendors.
Apogee, which has an installed groundwork of tens of thousands of printers and copier units, has long-standing customer contracts involving major vendors including Xerox, Canon and others besides HP that it will continue to honor, said HP.
"Over time they expect the majority of their sales will sail to HP," said Lores. "We don't deem it will ever exist 100 percent because there will always exist customers that will require other types of solutions. This is going to exist a process that will hold time. It is not something that will immediately chance when they immediate the deal."
HP said it expects the deal to immediate by the cease of 2018 with Apogee results "accretive" by approximately 1 cent per partake on a non-GAAP basis in the first complete year.
Apogee reported $273 million in GAAP revenue in 2017 with earnings before interest, taxes and depreciation of $39.43 million.
Bob Venero, CEO of Holbrook, N.Y.-based solution provider Future Tech, one of HP's top partners, said he would relish to remark HP allow partners to resell or white-label Apogee contractual print services.
"Nobody is going to begrude HP from trying to grow its managed print offerings. The actual question becomes how is this going to exist integrated into HP and what is the scheme for supporting this offering throughout the colleague community," said Venero. "This is not about what the company is doing today. It is about the future scheme for this. It's valuable that HP continues to embrace and grow its channel versus growing its direct business, which would occasions a ripple result in the colleague community if that is the HP mindset going forward."
Future Tech's HP print commerce is growing at a double-digit clip, said Venero. "As a global provider, Future Tech is very interested in learning how they can leverage the Apogee acquisition," he said. "We search for forward to continuing to grow their HP print commerce by double digits over the next three to five years based on the bets that HP is making. Security is playing a major role in decisions around print and today HP is the leader in secure print. They maintain the most secure printers in the world."
Lores said the acquisition of Apogee comes on the heels of solution provider acquisitions by every bit of of the top printer and copier vendors.
"All of the other key players in the industry maintain done this before and they maintain been able to complement their channel programs," he said. "This is what they are doing with Apogee. What they realized is they needed an investment relish this to complement the investment that they are making with managed print services. They deem the services and solutions capabilities they maintain are going to exist a Great complement to the infrastructure and systems they maintain built for managed print services. Channel partners should wait focused on keeping the relationship they maintain built with them. They should not deform the Great progress and the Great commerce they maintain been building with them over many, many years."
BURLINGTON, Mass.--(BUSINESS WIRE)--Nuance Communications, Inc. (NASDAQ: NUAN) today announced an agreement under which shadow will acquire Equitrac Corporation, a leading provider of brilliant print management and cost recovery software. Equitrac solutions maintain been adopted by more than 25,000 organizations worldwide to implement secure and managed printing for enterprise, global and mobile workforces.
The acquisition expands Nuance’s document imaging portfolio, adding Equitrac’s market-leading print management products to shadow eCopy ShareScan® scanning and workflow solutions, and to shadow OmniPage, PaperPort and PDF Converter Professional desktop applications. The addition of Equitrac furthermore strengthens Nuance’s global channel partnerships with multifunction printer (MFP) vendors, including Canon, Xerox, Konica Minolta, Ricoh and HP – each of whom currently sell both Equitrac print management and shadow eCopy scanning solutions through their dealers or as piece of their Managed Print Services (MPS) portfolios.
“Equitrac expands their faculty to provide their customers and MFP partners with solutions that deliver even higher levels of cost savings and office productivity,” said Robert Weideman, senior vice president and general manager of the shadow Document Imaging Division. “Equitrac delivers proven value in healthcare, financial, legal and educational organizations, and provides secure print capabilities to desktop and mobile global office workers. This complements Nuance’s strengths in mobile and office productivity, and aligns well to Nuance’s key verticals, especially healthcare.”
Equitrac increases the productivity and document security of office workers with the Follow-You® printing solution. Users print documents from their desktop as usual, then exhaust card-swipe or log-in identification at a networked MFP to view and select their documents for on-demand printing. No matter where they sail in their organization – an MFP around the corner from their office or at office locations across the globe – the user’s personalized on-demand document selections are instantly available from the MFP touch-screen. In a hospital setting for example, keeping providers can securely access and print standardized forms or specific patient reports from any MFP or printer on the network – a nurse’s station, physician’s office or emergency room.
“There’s a long history of customers selecting Equitrac as their MFP print management solution and shadow eCopy as their MFP scanning solution. From day one, the combination of shadow and Equitrac delivers the best of scanning and best of print management to their customers and partners worldwide,” said Michael Rich, president and CEO, Equitrac Corporation. “Even better, Nuance’s leadership in speech recognition, healthcare solutions and brilliant touch-screen interfaces provide a fecund ground for innovations that engage to deliver breakthrough increases in cost savings and office productivity.”
The combination of shadow and Equitrac results in:
Products that extend Cost Savings and Office Productivity – shadow eCopy and Equitrac solutions are both integrated with the touch-screens of MFP devices, and are leading solutions for automating and optimizing document processes within organizations of every size. Customers need and want both secure print and scanning solutions; an estimated 25 percent of shadow eCopy installations already maintain print management software – many of them from Equitrac. In addition to providing an integrated offering, shadow will continue to tender eCopy and Equitrac as standalone products that back both print and scan partners, such as NTware, NSi, Omtool, GlobalScan and SafeCom.
Strengthening of Global OEM Partnerships – shadow has tenacious revenue-based channel relationships with Brother, Canon, HP, Kodak, Konica Minolta, Ricoh, Visioneer, Xerox and more. Equitrac has strategic ties with HP, Konica Minolta, Ricoh, and Xerox – and expanding relationships with Canon, Fuji-Xerox, Lexmark, Samsung and more. The combination of shadow and Equitrac will provide the OEM community with the largest and most experienced team dedicated to providing MFP colleague sales, professional services, back and customer service worldwide.
Unmatched Application Connectivity – shadow and Equitrac are leaders in connecting MFPs to back-end enterprise applications. shadow eCopy connects to over 200 applications, including content management, database and pecuniary software. Equitrac connects to over 50 cost recovery, auditing and pecuniary systems, expanding Nuance’s capabilities to involve back for valuable enterprise applications such as SAP and others.
Expanded Solutions for Key Verticals – Equitrac has significant penetration in healthcare, finance, legal, government and educational vertical markets, providing a tenacious complement to Nuance’s tenacious position in finance, legal, education, government and especially healthcare, where shadow solutions are used in over 4,000 hospitals and by over 100,000 keeping providers.
Innovation in Managed Print Services
As the office rig industry continues the migration to a services-led delivery model for printing and document processing, Equitrac and shadow document imaging solutions are valuable components of ensuring OEM success in the MPS market. The integration of Equitrac with shadow eCopy will provide innovative, integrated, cross-platform MFP-based document solutions to deliver on the engage cost reductions that will drive the adoption of MPS solutions across enterprises.
Under the terms of the agreement, consideration for the transaction is $157 million in cash. The transaction is expected to immediate late in the fourth quarter of Nuance’s fiscal year 2011, ending September 30, 2011. shadow expects the acquisition in fiscal 2012 to add between $58 million and $60 million in non-GAAP revenue; $27 million and $29 million in GAAP revenue after adjusting revenue lost to purchase accounting; non-GAAP earnings between $0.04 and $0.05; and a GAAP loss between $(0.05) and $(0.06). remark “Discussion of non-GAAP pecuniary Measures” below for further information.
About Equitrac Corporation
Equitrac Corporation is the global leader of brilliant print management and cost recovery software solutions for the corporate, legal, education, healthcare and pecuniary services markets. Equitrac’s solutions are mission critical to every bit of enterprises that are looking to more effectively manage their printing environments, reduce printing costs, extend security and lessen their environmental impact. The company is backed by an unmatched R&D program and is a preferred technology colleague with every bit of leading providers of multifunction devices. Equitrac is has been in commerce for 30 years and has more than 25,000 customers in 70 countries. Equitrac’s solutions are deployed in Global 500 companies, AMLAW 200 legal firms, and leading colleges, universities and school districts. For more information, visit www.Equitrac.com.
Nuance Communications, Inc.
Nuance Communications, Inc. (NASDAQ: NUAN) is a leading provider of speech and imaging solutions for businesses and consumers around the world. Its technologies, applications and services beget the user undergo more compelling by transforming the way people interact with information and how they create, partake and exhaust documents. Every day, millions of users and thousands of businesses undergo Nuance’s proven applications. For more information, please visit www.Nuance.com.
Nuance and the shadow logo are registered trademarks or trademarks of shadow Communications, Inc. or its affiliates in the United States and/or other countries. every bit of other company names or product names referenced herein may exist the property of their respective owners.
Statements in this press release regarding Nuance’s managed document services technology, anticipated growth in the MPS market, and any other statements about shadow managements’ future expectations, beliefs, goals, plans or prospects constitute forward looking statements within the significance of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," estimates and similar expressions) should furthermore exist considered to exist forward looking statements. There are a number of valuable factors that could occasions actual results or events to differ materially from those indicated by such forward looking statements, including the factors described in Nuance's Annual Report on form 10 K for the fiscal year ended September 30, 2010 and other filings with the U.S. Securities and Exchange Commission. shadow disclaims any end or obligation to update any forward looking statements as a result of developments occurring after the date of this press release.
Discussion of Non-GAAP pecuniary Measures
Management utilizes a number of different pecuniary measures, both GAAP and non-GAAP, in analyzing and assessing the overall performance of the business, for making operating decisions and for forecasting and planning for future periods. Their annual pecuniary scheme is prepared both on a GAAP and non-GAAP basis, and the non-GAAP annual pecuniary scheme is approved by their board of directors. Continuous budgeting and forecasting for revenue and expenses are conducted on a consistent non-GAAP basis (in addition to GAAP) and actual results on a non-GAAP basis are assessed against the annual pecuniary plan. The board of directors and management utilize these non-GAAP measures and results (in addition to the GAAP results) to determine their allocation of resources. In addition and as a consequence of the weight of these measures in managing the business, they exhaust non-GAAP measures and results in the evaluation process to establish management’s compensation. For example, their annual prize program payments are based upon the achievement of consolidated non-GAAP revenue and consolidated non-GAAP earnings per partake pecuniary targets. They consider the exhaust of non-GAAP revenue helpful in understanding the performance of their business, as it excludes the purchase accounting repercussion on acquired deferred revenue and other acquisition-related adjustments to revenue. They furthermore consider the exhaust of non-GAAP earnings per partake helpful in assessing the organic performance of the continuing operations of their business. By organic performance they exist substantive performance as if they had owned an acquired commerce in the selfsame epoch a year ago. By continuing operations they exist substantive the ongoing results of the commerce excluding inescapable unplanned costs. While their management uses these non-GAAP pecuniary measures as a tool to enhance their understanding of inescapable aspects of their pecuniary performance, their management does not consider these measures to exist a substitute for, or superior to, the information provided by GAAP revenue and earnings per share. Consistent with this approach, they believe that disclosing non-GAAP revenue and non-GAAP earnings per partake to the readers of their pecuniary statements provides such readers with useful supplemental data that, while not a substitute for GAAP revenue and earnings per share, allows for greater transparency in the review of their pecuniary and operational performance. In assessing the repercussion of the acquisition of Equitrac, their management has either included or excluded items in four general categories, each of which are described below.
Acquisition-Related Revenue and Cost of Revenue.
The Company included revenue related to its acquisition of Equitrac that would otherwise maintain been recognized but for the purchase accounting treatment of these transactions. Because GAAP accounting requires the elimination of this revenue, GAAP results lonesome achieve not fully capture every bit of of the Company’s economic activities. These non-GAAP adjustments are intended to reflect the complete amount of such revenue. The Company includes non-GAAP revenue and cost of revenue to allow for more complete comparisons to the pecuniary results of historical operations, forward-looking guidance and the pecuniary results of peer companies. The Company believes these adjustments are useful to management and investors as a measure of the ongoing performance of the commerce because, although they cannot exist inescapable that customers will renew their contracts, the Company historically has experienced high renewal rates on maintenance and back agreements and other customer contracts. Additionally, although acquisition-related revenue adjustments are non-recurring with respect to past acquisitions, the Company generally will incur these adjustments in connection with any future acquisitions.
Acquisition-Related Costs, Net.
The acquisition of Equitrac, as with other acquisitions, will result in operating expenses which would not otherwise maintain been incurred. The Company provides supplementary non-GAAP pecuniary measures, which exclude inescapable transition, integration and other acquisition-related expense items resulting from acquisitions, to allow more accurate comparisons of the pecuniary results to historical operations, forward-looking guidance and the pecuniary results of less acquisitive peer companies. The Company considers these types of costs and adjustments, to a Great extent, to exist unpredictable and topic on a significant number of factors that are outside of the control of the Company. Furthermore, the Company does not consider these acquisition-related costs and adjustments to exist related to the organic continuing operations of the acquired businesses and are generally not apposite to assessing or estimating the long-term performance of the acquired assets. In addition, the size, complexity and/or volume of past acquisitions, which often drives the magnitude of acquisition-related costs, may not exist indicative of the size, complexity and/or volume of future acquisitions. By excluding acquisition-related costs and adjustments from their non-GAAP measures, management is better able to evaluate the Company's faculty to utilize its existing assets and evaluate the long-term value that acquired assets will generate for the Company. The Company believes that providing a supplemental non-GAAP measure which excludes these items allows management and investors to consider the ongoing operations of the commerce both with, and without, such expenses.
These acquisition-related costs are included in the following categories: (i) transition and integration costs; (ii) professional service fees; and (iii) acquisition-related adjustments. Although these expenses are not recurring with respect to past acquisitions, the Company generally will incur these expenses in connection with any future acquisitions. These categories are further discussed as follows:
(i) Transition and integration costs. Transition and integration costs involve retention payments, transitional employee costs, earn-out payments treated as compensation expense, as well as the costs of integration-related services provided by third parties.
(ii) Professional service fees. Professional service fees involve direct costs of the acquisition, as well as post-acquisition legal and other professional service fees associated with disputes and regulatory matters related to acquired entities.
(iii) Acquisition-related adjustments. Acquisition-related adjustments involve adjustments to acquisition-related items that are required to exist marked to unprejudiced value each reporting period, such as contingent consideration, and other items related to acquisitions for which the measurement epoch has ended, such as gains or losses on settlements of pre-acquisition contingencies.
Amortization of Acquired Intangible Assets.
The Company excludes the amortization of acquired intangible assets from non-GAAP expense and income measures. These amounts are discordant in amount and frequency and are significantly impacted by the timing and size of acquisitions. Providing a supplemental measure which excludes these charges allows management and investors to evaluate results “as-if” the acquired intangible assets had been developed internally rather than acquired and, therefore, provides a supplemental measure of performance in which the Company’s acquired intellectual property is treated in a comparable manner to its internally developed intellectual property. Although the Company excludes amortization of acquired intangible assets from its non-GAAP expenses, the Company believes that it is valuable for investors to understand that such intangible assets contribute to revenue generation. Amortization of intangible assets that relate to past acquisitions will recur in future periods until such intangible assets maintain been fully amortized. Future acquisitions may result in the amortization of additional intangible assets.
The Company provides non-GAAP information relative to the following non-cash expenses: (i) stock-based compensation; and (ii) inescapable accrued income taxes. These items are further discussed as follows:
(i) Stock-based compensation. Because of varying available valuation methodologies, subjective assumptions and the variety of award types, the Company believes that the exclusion of stock-based compensation allows for more accurate comparisons of operating results to peer companies, as well as to times in the Company’s history when stock-based compensation was more or less significant as a portion of overall compensation than in the current period. The Company evaluates performance both with and without these measures because compensation expense related to stock-based compensation is typically non-cash and the options and restricted awards granted are influenced by the Company’s stock expense and other factors such as volatility that are beyond the Company’s control. The expense related to stock-based awards is generally not controllable in the short-term and can vary significantly based on the timing, size and nature of awards granted. As such, the Company does not involve such charges in operating plans. Stock-based compensation will continue in future periods.
(ii) inescapable accrued income taxes. The Company furthermore excludes inescapable accrued income taxes because the Company believes that excluding this non-cash expense provides senior management, as well as other users of the pecuniary statements, with a valuable perspective on the cash-based performance and health of the business, including the current near-term projected liquidity. This non-cash expense will continue in future periods.
The Company believes that providing the non-GAAP information to investors, in addition to the GAAP presentation, allows investors to view the pecuniary results in the way management views the operating results. The Company further believes that providing this information allows investors to not only better understand the Company’s pecuniary performance, but more importantly, to evaluate the efficacy of the methodology and information used by management to evaluate and measure such performance.Nuance Communications, Inc. Reconciliation of Supplemental pecuniary Information GAAP and non-GAAP Revenue and Net Income (Loss) per partake Guidance (in thousands, except per partake amounts) Unaudited Estimated Revenue and Per partake repercussion of the acquisition of Equitrac Corporation Twelve months ended September 30, 2012 Low High GAAP revenue $ 27,000 $ 29,000 Acquisition-related adjustment - revenue 31,000 31,000 Non-GAAP revenue $ 58,000 $ 60,000 Accretion/(dilution) of GAAP net loss per share $ (0.06 ) $ (0.05 ) Acquisition-related adjustment - revenue 0.09 0.09 Acquistion-related adjustment - cost of revenue (0.02 ) (0.02 ) Acquisition-related costs, net 0.02 0.02 Amortization of intangible assets 0.04 0.04 Non-cash stock-based compensation 0.01 0.01 Non-cash income taxes (0.04 ) (0.04 ) Accretion of non-GAAP net income per share $ 0.04 $ 0.05 Shares used in computing accretion/dilution on GAAP and non-GAAP net income (loss) per share: Weighted tolerable common shares: basic 317,000 317,000 Weighted tolerable common shares: diluted
DENVER — Jan. 15, 2007 — First Data Corp. (NYSE: FDC), Microsoft Corp. (Nasdaq: MSFT) and HP (NYSE: HPQ)(Nasdaq: HPQ) today announced they maintain brought together their industry-leading payment solutions, state-of-the-art store management software programs and retail-ready computer hardware in a small-business point-of-sale solution with features that until recently were only available to great retailers.
The First Data POS Value ExchangeSM replaces a cash register and traditional point-of-sale terminal with a computer-based system that delivers a complete store management solution with greater information security, hasten of transactions and more elastic payment options for customers.
POS Value Exchange leverages the three companies’ core competencies: 1) First Data’s payment processing power for virtually every bit of forms of payment – from credit and debit to gift cards and checks; 2) Microsoft DynamicsTM – Point of Sale 2.0 software from Microsoft designed to manage inventory, track sales and better customer management; and 3) a rugged, retail-specific point-of-sale hardware solution from HP. The solution will exist offered by First Data, along with its participating alliance partners and independent sales organizations. Purchase and lease options will exist available, with pricing set by the individual sales channels.
Specialty retailers will find that the system’s touch-screen parade and faculty to accept virtually every bit of forms of payment will better customer service and hasten up transaction time. Retailers furthermore will exist able to track purchase behaviors and identify buying trends to better inventory management and rescue valuable time.
“The customer undergo has improved tenfold with the POS Value Exchange solution,” said Byron Borchardt with deal Books, one of a number of retailers who maintain been pilot testing the solution. “Our customers expend less time in the check-out line and the discount the customer received at the store is clearly reflected on the sales receipt. The user-friendly touch-screen parade makes employee training simple and seeing a computer at the point of sale projects a professional image to my customers.” deal Books has furthermore been able to track buying trends in the store to better manage staffing levels.
First Data, Microsoft and HP believe that the product will maintain benefits for merchants and consumers alike.
“First Data is excited to team with Microsoft and HP to deliver a unique value to small and mid-sized merchants,” said Barry McCarthy, president of Product Innovation at First Data Commercial Services. “This lone solution enables small merchants to maintain the power to manage their inventory, understand and track customer buying behavior, and tender an enhanced consumer undergo by accepting virtually every bit of forms of payment — from credit, debit and gift cards to checks.”
“This unique solution will revolutionize the way small retailers achieve commerce and process payments,” said Mike Dickstein, general manager of Microsoft Dynamics at Microsoft. “Now small retailers using electronic cash registers and dial-up connections can easily metamorphose to an affordable, integrated point-of-sale and payment processing system, and tender the selfsame Great customer service and payment options to their customers that the big-box stores do.”
“Simply put, this solution gives small businesses a competitive edge,” said Gayle Papadopoulos, managing director of Worldwide Distribution and Retail Industries at HP. “HP’s retail-hardened, industry-standard rp5000 point-of-sale system adds the flexibility and affordability of a PC architecture with long life cycles and extended warranties to First Data’s payment processing power and Microsoft’s software.”
POS Value Exchange is designed for smaller retailers, typically with a lone store location with up to five lanes.
More information on the POS Value Exchange solution offered by First Data is available at www.POSValueX.com or by calling (866) 711-4590.
About First Data Corporation
First Data Corp. (NYSE: FDC) is a leading provider of electronic commerce and payment solutions for businesses worldwide. Serving 4.6 million merchant locations, 1,900 card issuers and their customers, First Data powers the global economy by making it easy, posthaste and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company’s portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company’s STAR Network offers PIN-secured debit acceptance at 2 million ATM and retail locations. For more information, visit www.firstdata.com.
HP is a technology solutions provider to consumers, businesses and institutions globally. The company’s offerings span IT infrastructure, global services, commerce and home computing, and imaging and printing. For the four fiscal quarters ended Oct. 31, 2006, HP revenue totaled $91.7 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.
About Microsoft Dynamics
Microsoft Dynamics is a line of financial, customer relationship and supply chain management solutions that helps businesses toil more effectively. Delivered through a network of channel partners providing specialized services, these integrated, adaptable commerce management solutions toil relish and with familiar Microsoft software to streamline processes across an entire business. For more information about Microsoft Dynamics – Point of Sale, visit http://www.microsoft.com/pos.
Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that serve people and businesses realize their complete potential.
Note to editors: If you are interested in viewing additional information on Microsoft, please visit the Microsoft® Web page at http://www.microsoft.com/presspass on Microsoft’s corporate information pages. Web links, telephone numbers and titles were rectify at time of publication, but may since maintain changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other arrogate contacts listed at http://www.microsoft.com/presspass/contactpr.mspx.
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