Lexmark Quarterly Business Roundup

Mon Mar 4, 2013 9:00am EST

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- A review of significant news over the past quarter
LEXINGTON, Ky.,  March 4, 2013  /PRNewswire/ --  

News Facts

Corporate News

Lexmark's fourth quarter 2012 financial results were highlighted by revenue that
exceeded expectation, solid cash flow generation, and ongoing growth in
Perceptive Software and managed print services (MPS) revenue. The company also
broadened its solutions portfolio through its sixth acquisition since 2010, this
time with Acuo Technologies.

* Lexmark announced financial results for the full year and fourth quarter of
2012. To access the earnings news release,  click here, and for the earnings
presentation,  click here.  
* Lexmark acquired Acuo Technologies, a recognized leader in high-performance
medical software and services for clinical content management, data migration
and vendor neutral archives (VNA).  
* Lexmark'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  March 15,
2013, to shareholders of record as of the close of business on  March 4, 2013.  
* Lexmark priced a registered public debt offering  of  $400 million  in
aggregate principal amount of its 5.125 percent Senior Notes due 2020. The
seven-year unsecured senior notes will have an effective yield to maturity of
5.125 percent and will mature  March 15, 2020. The offering is subject to
customary closing conditions and is expected to close on  March 4, 2013.  
* Lexmark announced that it will redeem for cash all of its outstanding 5.900
percent Senior Notes due 2013 on March 31, 2013,  at a redemption price equal to
the sum of 100 percent of the principal amount outstanding, a make-whole
premium, which will be calculated three business days prior to the redemption
date in accordance with the Indenture, and accrued and unpaid interest on the
principal amount being redeemed to, but not including, the redemption date.

Customer News and Company Recognition

Lexmark's Perceptive Software has expanded its healthcare sector presence and
expertise, which is evident in the acquisition of Acuo Technologies, the U.S.
Department of Defense's selection of Acuo's Universal Clinical Platform (UCP),
and Perceptive Software's ranking as the top healthcare Document Management and
Imaging (DMI) software product by a leading industry research firm.

* Perceptive Software announced a local partnership with Kansas City-based Saint
Luke's Health System, which will expand its investment in Perceptive Software
solutions to multiple departments throughout the system of hospitals and
clinics. Saint Luke's Health System will integrate Perceptive Software process
and content management products with the organization's Epic Electronic Medical
Record system.  
* Acuo Technologies announced that the Defense Logistics Agency of the U.S.
Department of Defense has selected the Acuo UCP  as a new VNA solution for
enterprise patient imaging logistics. UCP will consolidate imaging studies from
39 U.S. Army picture archiving and communication system sites and 23 U.S. Navy
PACS sites located at military healthcare facilities throughout the world.  
* Perceptive Software has been ranked the top healthcare DMI software product,
according to the 2012 Best in KLAS Awards: Software & Services report, an
independent ranking based on customer feedback on top healthcare information
technology vendors.  
* Lexmark signed a five-year MPS agreement with Anheuser-Busch InBev  that
extends its services into  Europe  to drive improved productivity and cost
savings for the leading global brewer.
* Perceptive Software announced that  DDC Freight Process Outsourcing, a leader
in offshore business process outsourcing services, has selected Perceptive
Intelligent Capture  for Bills of Lading processing automation.  
* Lexmark was named a winner in the 2013 Manufacturing Leadership 100 Awards,
which honors the top manufacturing executives and organizations for their
achievements. Lexmark was recognized as a leader in three categories this year:
Innovative Enterprise, Operational Excellence and Sustainability.  
* Lexmark International Philippines, Inc. (LIPI) has received a prestigious
energy award from the Philippine Department of Energy. LIPI was awarded the Don
Emilio Abello Energy Efficiency Award, an industry-based recognition given to
agencies and organizations with outstanding performance in energy conservation
and efficiency in the government, business and industrial sectors.

Products, Software, Solutions and Services News

Perceptive Software's most recent news in this category included the first
release of search technology since  Lexmark's acquisition of ISYS in 2012,
making the technology more connected, more powerful and faster.

Most notably in product recognition, Lexmark earned high marks from Buyers
Laboratory, LLC (BLI), receiving the Monochrome Printer/MFP Line of the Year
award for 2013. This marks the fifth time Lexmark has received Line of the Year
accolades from BLI, recognizing the company's products as high-performing
standouts in the industry.

* Perceptive Software released version 10.2 of Perceptive Search applications -
Enterprise Search and Workgroup Search. Perceptive Search allows users to find
answers wherever they exist-content repositories, email systems, websites,
databases, social media, personal computers and more-and to access that content
quickly on any platform using any device.  
* In December, Perceptive Software announced the availability of Perceptive
Interact for Microsoft Outlook. Interact for Microsoft Outlook allows users of
Perceptive Content to capture and access content and execute workflow processes
through their familiar Outlook interface.   
* Lexmark has achieved prestigious recognition from BLI for having the  top
monochrome printer and multifunction product (MFP) line for 2013. The award
recognizes the manufacturers of the best range of printers, from small workgroup
to departmental, for demonstrated excellence across the entire product line in
BLI lab testing.  
* Lexmark Distributed Intelligent Capture  was  honored by BLI with a Winter
2013 Pick award  as an outstanding document imaging software solution. Bestowed
twice a year by the editors of BLI, the awards honor the top-performing
solutions evaluated in BLI's lab during the previous six months.  
* BLI also bestowed Pick award recognition to the most outstanding monochrome
models  evaluated in the past six months, which included the  Lexmark
MX610/MX611 monochrome laser MFP Series  among other Lexmark products.  
* Lexmark's new color laser printers and MFPs, the  Lexmark CS310/410/510 Series
 and  Lexmark CX310/410/510 Series, respectively, have been honored with 2012
Innovative Product of the Year Awards from Better Buys for Business.  
* Lexmark's new MS812de monochrome laser printer  recently  received an
Outstanding rating from Wirth Consulting  in rigorous hands-on testing. The
comprehensive test report is available  here.  
* EPEAT announced its expansion beyond PCs and displays to include printers,
copiers and other imaging equipment. This EPEAT registry currently includes
imaging equipment from seven manufacturers: Canon, Dell, Epson, HP, Lexmark,
Ricoh and Xerox. Lexmark will continue to add more devices to the registry as
they are deemed compliant with EPEAT's environmental requirements.

Community News

Lexmark's vision and values are defined by its employees and provide a framework
for how the company operates worldwide. In January, Lexmark awarded its highest
employee honor to one employee who goes the extra mile by exhibiting the
company's value of customer commitment, making customer satisfaction a top
priority in her daily work. In addition, Perceptive Software has furthered
Lexmark's corporate citizenship efforts by raising thousands of dollars for
diabetes research through its annual dodge ball tournament.

Lexmark's last quarter also included a number of recognition events for science,
technology, engineering and math (STEM) teachers in  Kansas  and  Kentucky  who
are working to further this educational area in their classrooms.

* Lexmark has selected employee Amanda Plakosh-Angeles, global sustainability
analyst, to receive its Customer For Life Award, the company's highest employee
honor. Each year, Lexmark chooses one employee worldwide for this distinction
who best exemplifies the company's vision and values.  
* Lexmark honored two recipients of INSPIRE: Lexmark's Teaching Award. The
program recognizes outstanding  Central Kentucky  area middle and high school
STEM teachers. Lexmark presented each teacher with a  $1,000  award to be used
in furthering STEM education in his or her classroom.  
* Perceptive Software and the  University of Kansas  School of Engineering
surprised a teacher at Olathe Northwest High School in  Olathe, Kan., with an
Educating Excellence award for  $1,500. The  Educating Excellence  program was
launched in  March 2010  to recognize outstanding high school STEM teachers
throughout  Kansas  and the  Kansas City  Metro.  
* Perceptive Software hosted  Dodge for a Cause 8, its annual charity dodge ball
tournament benefitting the Kansas City JDRF chapter. Since its inception, the
tournament has raised more than  $120,000  to help find a cure for type 1
diabetes.

Supporting Resources:

* Full Year and 4Q12 Earnings News Release
* Full Year and 4Q12 Earnings Presentation
* Lexmark Smart MFPs Video
* Lexmark Distributed Intelligent Capture Video

About Lexmark

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, intelligent capture and content
management software that helps organizations fuel greater operational
efficiency. In 2012, Lexmark sold products in more than 170 countries and
reported  $3.8 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
on  Twitter.

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
without notice.

 

SOURCE  Lexmark International, Inc.


Investor Contact, John Morgan, +1-859-232-5568, jmorgan@lexmark.com or Media
Contact, Jerry Grasso, +1-859-232-3546, ggrasso@lexmark.com

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