Lexmark Quarterly Business Roundup
- A review of Lexmark and Perceptive Software's significant news over the past
quarter, including corporate news, contract wins, product introductions and
LEXINGTON, Ky., Dec. 3, 2012
LEXINGTON, Ky., Dec. 3, 2012 /PRNewswire/ --
Lexmark's third quarter financial results were highlighted by solid free cash
flow generation and ongoing growth in Perceptive Software and managed print
services (MPS). Lexmark offers an attractive dividend yield as it continues
solid execution of the company's capital allocation framework.
oLexmark announced financial results for the third quarter of 2012. To
access the earnings news release, click here, and for the earnings
presentation information, click here.
oLexmark's Board of Directors declared a quarterly cash dividend of $0.30
per share of Lexmark Class A Common Stock. The dividend is payable on Dec.
14, 2012, to shareholders of record as of the close of business on Nov.
To view the multimedia assets associated with this release, please click:
Other Corporate News
In addition to Lexmark pledging its corporate support to further science,
technology, engineering and math (STEM) education in the Commonwealth, Lexmark
employees volunteered their time and talent throughout the quarter to
important corporate social responsibility causes.
oLexmark teamed with The Nature Conservancy and the Forest Preserve
District of Cook County to support the PGA of America with a tree-planting
event.Volunteers from these organizations planted a diverse selection of
50 native trees and shrubs in Busse Woods Forest Preserve in an effort to
offset the PGA of America's paper consumption throughout the five-day
39^th Ryder Cup golf tournament in September.
oLexmark has provided support to Kentucky's involvement in the STEMx
Network, a national network dedicated to transforming STEM education in
the United States and providing K-12 students with the necessary learning
to productively join the future STEM workforce. Kentucky STEMx is working
to connect stakeholders from across K-12 and higher education, business,
government, philanthropy and the community to impact STEM education and
workforce development in Kentucky.
oSeveral Lexmark employees shared their personal stories in a new video to
support the It Gets Better Project, which was created in 2010 in the wake
of several teen suicides related to bullying. The Gay-Straight Alliance of
Lexmark Employees Diversity Network Groupled the creation of Lexmark's It
Gets Better video and premiered it during a celebration at the company's
Lexington, Ky., headquarters on National Coming Out Day.
Customer News and Company Recognition
Lexmark has again garnered notable distinctions from Gartner, Inc. by earning
Leader positions in two Magic Quadrants, attesting to the company's knowledge
and expertise in the MPS and printer/MFP arenas.
Lexmark and Perceptive Software also announced important contract wins in the
quarter for printing technology and software, validating that Lexmark's value
proposition is resonating with customers around the globe.
oLexmark announced it has been positioned by leading industry analyst firm
Gartner, Inc. in the Leaders quadrant of its 2012 "Magic Quadrant: Managed
Print Services Worldwide" report^1.
oLexmark has also been positioned by leading industry analyst firm Gartner,
Inc. in the Leaders quadrant of its 2012 MFP and Printer Magic Quadrant^2.
oLexmark was awarded a five-year printing solution services agreement from
Statoil, a leading energy company within the oil and gas production
industry. The contract, valued at approximately $20 million for the
initial contract period, makes Lexmark the sole printing solution services
provider for Statoil operations worldwide.
oSiemens, a global powerhouse in electronics and electrical engineering,
has selected Perceptive Intelligent Capture, powered by Brainware, for
accounts payable automation within the company's European Shared Services
Center in Germany. The customer will implement Perceptive Software's
intelligent data capture platform for the processing of more than 1.5
million invoices annually.
oPerceptive Software recently announced that ING Group, one of the world's
largest banks with more than $1.6 trillion in assets, has implemented
Perceptive Intelligent Capture, powered by Brainware, for the efficient
capture and validation of header and line-item data from paper-based
documents at the financial institution's headquarters in Amsterdam, The
oAltru Health System has selected Perceptive Software content and process
management solutions to complement its Epic patient registration, health
information management and patient finance processes across the entire
organization, helping it capture, store, manage and access data within the
oThe Human Rights Campaign Foundation has recognized Lexmark's commitment
to equality in the workplace. The foundation's 2013 Corporate Equality
Index ranks Lexmark among the top companies with a perfect score of 100.
oLexmark was recognized for the quality and depth of its patent portfolio
by Ocean Tomo, LLC, the leading intellectual capital merchant bank™ firm,
through inclusion in the Ocean Tomo 300® Patent Index, a diversified
listing of the 300 companies that own the most valuable patent portfolios
relative to the book value of the company. Lexmark has contributed to the
performance of the Ocean Tomo 300® Patent Index in all seven years the
index has existed.
Products, Software, Solutions and Services News
Lexmark continues to leverage its investment in the Perceptive Software
portfolio in combination with smart multifunction products (MFPs) to reduce
the complexities of manual processes and heighten performance for its
customers. The quarter was highlighted by an array of new product and solution
introductions from both Lexmark and Perceptive Software, including the first
industry recognition for Lexmark's new color laser printers and MFPs.
oIn one of the most significant product launches in the company's history,
Lexmark introduced a wide breadth of new laser printers and MFPs built on
an enhanced technology platform that delivers productivity-enhancing
oLexmark announced Lexmark Secure Content Monitor, a security solution that
mitigates risk and protects companies and agencies from potential threats
to confidential information, profits and productivity by enabling
businesses to automatically track and audit sensitive information.
oPerceptive Software released Perceptive Mobile for Windows, available for
Windows 8 and Windows RT, Microsoft Corp.'s new version of the Windows
operating system. With Perceptive Mobile for Windows, users can
participate in business processes, seamlessly view and interact with
associated content, update a case, and make informed decisions from their
Windows 8 device virtually anywhere.
oPerceptive Software has launched Perceptive eAuthorize, powered by
AssureSign, a leader in the electronic signature market. Perceptive
eAuthorize allows any document to be electronically sent to any Perceptive
Software user or third party in order to obtain a compliant electronic
signature, followed by automatic uploading and storage of the signed
document in Perceptive Software's enterprise content management solution.
oCoupled with Lexmark's new laser devices, the company introduced Unison
toner, a re-architected print system utilizing an advanced toner
formulation to deliver consistently outstanding image quality, long-life
system reliability and environmentally-sound performance, all within an
innovative, shake-free cartridge.
oThe Lexmark CS310/410/510 Series of color laser printers and Lexmark
CX310/410/510 Series of color laser MFPs have been recognized by Better
Buys for Business with a 2012 Editor's Choice award in their color printer
and color printer multifunctional categories.
o3Q12 Earnings News Release
o3Q12 Earnings Presentation
oLexmark Smart MFPs Video
oLexmark Unison Toner Video
oLexmark Secure Content Monitor Video
Lexmark International, Inc. (NYSE: LXK) provides businesses of all sizes with
a broad range of printing and imaging products, software, solutions and
services that help customers to print less and save more. Perceptive Software,
a Lexmark company, is a leading provider of process and content management
software thathelps organizations fuel greater operational efficiency. In
2011, Lexmark sold products in more than 170 countries and reported more than
$4 billion in revenue.
To learn more about Lexmark, please visit www.lexmark.com. For more
information on Perceptive Software, please visit www.perceptivesoftware.com.
For more information on Lexmark, see the Lexmark Facebook page and follow us
For more information about Perceptive Software, please visit the company's
Facebook and Twitter profiles.
Lexmark and Lexmark with diamond design are trademarks of Lexmark
International, Inc., registered in the U.S. and/or other countries. All other
trademarks are the property of their respective owners.
All prices, features, specifications and capabilities are subject to change
^1 Gartner, Inc., Magic Quadrant for Managed Print Services, Worldwide, Ken
Weilerstein, Cecile Drew, Yulan Li, October 25, 2012.
^2 Gartner, Inc., Magic Quadrant for MFPs and Printers, Worldwide, Sharon
McNee, Federico De Silva, October 24, 2012.
SOURCE Lexmark International, Inc.
Contact: Investor Contact: John Morgan, +1-859-232-5568, firstname.lastname@example.org;
Media Contact: Jerry Grasso, +1-859-232-3546, email@example.com
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