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Platform-impartial storage- and archiving retort iCAS from iTernity presents resilient and secure statistics archiving with Symantec commercial enterprise Vault
Freiburg, November 22, 2010. iTernity’s storage and archiving solution iCAS now integrates with the electronic mail- and content material-archiving equipment Symantec business Vault 9.0. iCAS is already certified with the predecessor, commercial enterprise Vault 8.0. within the scope of their know-how partnership, iTernity and Symantec demonstrated the clean integration of each functions. huge interoperability exams were race complete over the certification process.
"business Vault empowers purchasers to archive their enterprise counsel for long term storage whereas featuring brief and straightforward access for legal, compliance or regulatory requests," says Simon Jelley, Sr. Director of Product management for business Vault, Symantec. "via together with a connector to storage solutions like iCAS from iTernity, they present their consumers a advantageous option for tamper-proof archiving of unstructured tips throughout the company, helping them to carve back charges, lower compliance risks and successfully discover guidance despite the site it resides."
The aggregate of both items allows for users to exist legally compliant when archiving complete their emails, contents and file techniques on commonplace storage arrays. The iCAS utility additionally helps in the expend of storage effectively because of the basic integration in existing storage environments and the probability to profile expend of prolonged quantity for compliant archiving.
„The conjunction of both solutions allows archiving and insurance policy of business notable data, for groups of any dimension. via their partnership with Symantec they serve the users’ want for a seamlessly built-in archiving storage solution. They accept as loyal with that iCAS presents essentially the most bendy and surest storage solution for commercial enterprise Vault– even with the underlying hardware and even in virtualized environments,“ says Ralf Steinemann, iTernity’s business pile manager.
iCAS is a versatile, platform-impartial and software-independent archiving storage solution. Delivered pre-installed and pre-configured, it without problems integrates into any present community. current NAS or SAN programs may likewise exist used as the archiving storage, giving the consumer a exorbitant funding coverage. mixed with the archiving and eDiscovery functions of Symantec commercial enterprise Vault, the customer receives a powerful kit retort that complies with the felony necessities for digital archiving and compliance for the data lifecycle.
Symantec and the Symantec brand are trademarks or registered emblems of Symantec agency or its affiliates in the U.S. and different nations. different emblems could exist logos of their respective ownersiCAS:
The iCAS storage and archiving solution is a supplier-impartial middleware for the legally compliant future archiving of records from DMS and ECM techniques. The answer’s purpose is optimum facts coverage from records manipulation and statistics destruction and for this reason archiving conforming to the legislations.
iCAS is developed through the iTernity GmbH, headquartered in Freiburg, Germany. The iCAS retort is allotted by course of plenty of channel companions. The immediate cooperation with first rate expertise, storage and integration partners ensures high-quality, flexibility and economic system of the archiving tasks.
iCAS clients are businesses from every benign of business sectors and sizes, together with institutions, hospitals and public administrations from discrete areas.iTernity GmbH Ralf Steinemann Bötzingerstraße 60 D-79111 Freiburg cell: 0761 / 4514-740 Fax: 0761 / 4514-759 firstname.lastname@example.org www.iternity.com
HERNDON, Va.--(enterprise WIRE)--DLT solutions, a leading price-introduced reseller in government guidance know-how (IT) hardware, software and services, today introduced the launch of its modern cloud-hosted, private e-mail archiving answer, Symantec business Vault for Amazon net features (AWS). Architected through DLT solutions, the solution brings together Symantec’s award-successful, commercial enterprise Vault and the FedRAMP Compliant Amazon web features (AWS) Cloud.
Symantec enterprise Vault, the industry leader in archiving, allows govt businesses to efficiently shop, quite simply control and easily find and retrieve unstructured suggestions as vital. A pilot program from DLT options is attainable for modern clients that savor an interest in implementing the retort within their environments. With Symantec enterprise Vault for AWS, public sector organizations can leverage an on-demand, elastic, scalable, and thoroughly-configured environment for archiving of their unstructured statistics and correspondence.
DLT options is uniquely placed to present this solution through presenting purchasers with conclusion-to-end start and befriend for each Symantec and AWS options and functions.
“Symantec business Vault for AWS permits public sector corporations to leverage a FedRAMP compliant cloud service provider to host their e-mail archiving platform,” defined David Blankenhorn, vp of engineering and chief cloud technologist at DLT options. “Managing e-mail is without doubt one of the vital features that every agency ought to trust when laying out their information governance foundation. An agency’s electronic mail administration approach impacts stakeholders throughout the complete company, from legal, FOIA, records administration and IT, to the agency’s impartial internal investigators.”
With Symantec commercial enterprise Vault for AWS, public sector shoppers gain improved manage over the management of email for statistics management, digital discovery, and freedom of information Act (FOIA) functions, as well as presenting the capacity to rapidly respond to congressional inquiries.
Symantec enterprise Vault for AWS benefits include:
DLT options, Symantec’s largest federal companion, turned into recently named a Symantec Platinum associate with professional competencies in Archiving, Endpoint safety and business Backup & healing. moreover, DLT solutions turned into named an AWS Premier Consulting partner ultimate December. DLT options is a platinum sponsor of the 2015 Symantec government Symposium being held April 15, 2015 at the Walter E. Washington conference center, Washington, D.C.
if your solid is attracted to participating in a Pilot software for brand spanking modern clients, and would like to leverage their enterprise Vault for Amazon internet functions offering, gladden contact the DLT solutions Symantec group at 888-223-7083 or e mail us at email@example.com.
About Symantec commercial enterprise Vault
Symantec business Vault is a Part of Symantec’s counsel management portfolio a submissive course to revolve into a Part of a new, impartial company, Veritas applied sciences organisation, when the previously introduced separation is completed at the conclude of calendar 12 months 2015.
About DLT solutions
For greater than twenty years, DLT solutions has been the IT utility and options issuer of selection for federal, state, local government and schooling consumers. through hand choosing its company partners including Amazon internet features, Autodesk, Google, NetApp, Oracle, Dell application, pink Hat, Solarwinds and Symantec, DLT fulfills its mission to exist a price-delivered reseller of best the highest character application and hardware items and capabilities, as well as a premier issuer of technical support, through its many executive contracts. The company specializes in carefully-selected solution areas — Cloud Computing, facts focus Consolidation, Geospatial facts techniques and desktop-Aided Design for Utilities and Manufacturing. For greater information or to vicinity an order, contact DLT options at 800-262-4358; e mail firstname.lastname@example.org; or talk over with www.dlt.com. also, on LinkedIn and Twitter (@DLTSolutions).
LAS VEGAS -- Symantec Corp. these days brought coverage-based protection as well as a hosted cloud providing and aid for companionable media to its business Vault records archiving software.
With commercial enterprise Vault 10, Symantec switched to an information classification module according to its policy-primarily based facts loss prevention (DLP) expertise to befriend consumers evade information from leaking backyard the firm. The facts classification module is used to tag categorised statistics and investigate how lengthy to preserve it complete the course through information archiving for recommendation governance, email storage management and email e-discovery.
coverage-based protection is in accordance with featuring the identification of approved users and granting different degrees of access for users.
Symantec launched enterprise Vault 10 privilege through the second day of its imaginative and prescient 2011 user convention. Symantec is a legacy safety seller that received backup and storage administration supplier Veritas software in 2005.since the acquisition, Symantec has introduced some safety to its storage products but has broadly speaking stored its storage and security products separate.
“here is an specimen of Symantec doing integration between storage and safety,” illustrious Sheila Childs, research director in Gartner’s Storage options and applied sciences group. “business Vault 10 has an information classification module based on the statistics loss prevention code.”
business Vault 10 helps facebook, Twitter and LinkedIn via integrated third-celebration items from Actiance, CommonDesk and Socialware. The product prior to now supported electronic mail, SharePoint and rapid message archiving.
information archiving application to the cloud
As with the newest edition of its Backup Exec software launched Monday, Symantec has delivered a cloud factor to business Vault. EnterpriseVault.cloud is a hosted public cloud offering with no hardware, software or plug-ins to installation and retain on the customer web page.
Amit Walia, Symantec's vice president for product administration, observed the business is the usage of an o.e.m associate to archive the records and Symantec has sequel its commercial enterprise Vault.cloud manufacturer on it. business Vault.cloud is a utility as a service (SaaS) providing wherein an agent is placed on a client’s server archive data via the information superhighway.
Symantec talked about it's going to encrypt facts in transit and at relaxation, and guarantees like a glint search for EnterpriseVault.cloud.
“Symantec needed an retort privilege here,” Gartner's Childs referred to. “they're going to profile lots of hubbub here and it will give them a much bigger presence during this market than they in the past had.”
enterprise Vault.cloud is targeted for small- to medium-sized businesses (SMBs) and might exist used in faraway workplaces for the midmarket. It should exist in beta this summer and launch within the fall.
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Microsoft Azure will finally become a indigenous storage target for users of Backup Exec and NetBackup, which are among the most widely used data protection and DR software offerings. Veritas, the maker of the two backup and recovery suites, this week announced Azure as a target planned for modern releases scheduled for next quarter. Moreover, Veritas said it will present usage-based pricing in addition to the current subscription and perpetual licenses now offered with both Backup Exec and NetBackup.
The long-awaited indigenous Azure connectivity was just one in a barrage of modern offerings as the company looks to extend its core storage software offerings into a broader ambit of information management and governance tools now that Veritas is no longer a Part of security vendor Symantec.
Nearly a year since Symantec sold Veritas off to private equity solid Carlyle Group, the company this week held its first Veritas Vision conference since 2004, when the security giant acquired it for $13.5 billion. At the time, the companies argued that backup and recovery and DR are key components of data security. But cultures clashed followed by many years of turmoil at Symantec, which took a toll on the Veritas business, though it remains a leading supplier of data protection software.
Veritas has remained largely taciturn in recent years, though the company kicked off the conference with a new, more aggressive attitude. Putting its stake in the ground, company officials reminded customers that it's a pure software provider that intends to, among other things, reduce customers' dependency on expensive storage hardware.
To profile its modern attitude clear, the company came out swinging at Dell and its newly acquired EMC and controlling stake in VMware. Veritas ran a complete page ad in The Wall Street Journal with the headline: "What's Worse Than a Life of Hardware with EMC? An Eternity with Dell." Company officials talked up the ad, and distributed the newspaper after the keynote. Throughout the event, Veritas took level at Dell, EMC and VMware, saw the latter was proprietary software designed to lock them into hardware.
Mike Palmer, Veritas' senior VP for data insights and orchestration solutions, sees that as an opening for customers and a clear target of its efforts.
"I contemplate we're starting to remark the conclude of VMware run," Palmer said in an interview during this week's conference. "We're seeing customers looking for alternatives to their VMware environments. And that is fueling an adoption of containers as the next solution, if you will, to give them the identical sort of hardware value that VMware did, that they are looking for some service augmentation."
With the company's focus on extending its core backup and recovery software and its Enterprise Vault Archive (EVA) platform, used for archiving Exchange and now Office 365 data, Veritas is reading a number of modern offerings that'll present complete information discovery and present more scalability to emerging emerging hybrid cloud architectures. Among some modern wares in the works:
Analysts said the company has created a tenacious roadmap built off its core strengths. "For them to Come out and pronounce that they're going to savor an intelligent data management platform and that platform is going to enable both the data management and governance side but accomplish it by actually increasing the availability of the lower tiers, I contemplate is really smart. It's very aspirational," said Enterprise Strategy Group Analyst Jason Buffington.
Nevertheless, Veritas remains most synonymous with its bread and butter data protection software. Indeed, Backup Exec is among the more widely used platforms for backing up data running on Windows and Windows Server, especially Exchange, SharePoint and SQL Server as well as file servers. For larger enterprise environments, NetBackup is designed to protect larger systems that are operating system and virtual machine independent. Among Veritas' key rivals, Acronis, CommVault and Veeam are offering connectivity to Azure as well as Amazon Web Services (AWS) S3 storage. Veritas extended support to AWS and Google Cloud Platform earlier this year. Connectors to Azure storage will Come in Backup Exec 16 and NetBackup 8.0 in the fourth quarter. The modern releases will likewise include connectors to private clouds based on Red Hat's OpenStack distribution.
Veritas has built the modern cloud connectors based on what it calls its Open Storage Technology (or OST), used across its entire data protection portfolio including its Enterprise Vault Archive (EVA) platform, used for archiving Exchange and now Office 365 data, among other content. "OST is an open touchstone in terms of how vendors can plug in to us," said Simon Jelley, VP of backup and recovery product management at Veritas, in an interview during the conference this week. "It enables not just their talent to labor with any storage vendor to ensure the certification, support, compatibility and guaranteed performance between us but it likewise ensures that any data that moves to a storage target, exist it a cloud, disk or tape target, that they noiseless catalog and track the copies of that data."
Veritas executives expressed self-confidence in the company's modern roadmap. "Your information is your most notable asset, but you really can't harness the power of it today," said Veritas CEO Bill Coleman during the conference's opening keynote session this week. "Data is exploding. It's everywhere, it's redundant, it's difficult to access and the costs are going through the roof. And if you don't learn how to access that data and your competitors do, they're going to win. They can befriend you discover the loyal value of your data. They want to give information to you that you need, to map out your own digital transformation."
Posted by Jeffrey Schwartz on 09/16/2016 at 2:39 PM
Microsoft typically chooses the week of IBM's annual Notes/Domino confab to let IT shops know about the Exchange migration tools it offers to befriend migrate over to the latest version of Exchange Server.
This year is no different, as Microsoft this week released an updated version of its Transporter Suite for Lotus Domino as one course to jog to Exchange Server,Office SharePoint Server and the Office Suite, and off of Notes and Domino.
Microsoft has improved the Transporter tools' talent to scale up from tens of thousands of users to hundreds of thousands of conclude users, said Clint Patterson, a director in the unified communications group at Microsoft. Patterson said the tools were realm tested in an organization with 200,000 employees.
IT shops savor never taken lightly the stint of migrating from one messaging platform to another. There is a lot to consider, including whether or not it makes sense to undertake a migration at complete and, instead, just profile a wholesale jog without running both platforms at the identical time.
Many experts accord that at this point, both Domino and Exchange are tenacious and seasoned. There are reasons to abide and reasons to jog off of both, and it usually has nothing to accomplish with product quality.
A typical reason to migrate may exist because one company buys another and the IT shop doesn't want to support multiple messaging systems, said heed Levitt, an analyst at IDC, a Framingham, Mass.-based consulting firm.
IT shops likewise savor to reckon integration with line of business applications and how advanced its user basis is in terms of using collaborative tools, because those tools will converge at some point, Levitt said.
"It's the home grown and third-party applications with the hooks, and the users that depend on them," he said. "And with antivirus and anti-spam, at least a portion of that will savor to exist changed out, which increases the complexity and cost of the situation."
Some customers seem to savor at least the perception that Outlook is easier to expend than Notes, though there are only minute differences between the two, Levitt said.
One IT expert seconded that motion based on his current messaging migration project. Steven Music, a senior Domino administrator who is currently switching a federal government agency from Domino to Exchange Server 2007, said the agency is leaving Domino because executives at the agency said they believe there are unavoidable benefits to using Exchange. These benefits may only exist perceived benefits, according to Music.
The gist of the problem is that business managers sometimes said they believe that Notes and Domino are so packed complete of features that it intimidates conclude users. conclude users are already accustomed to Microsoft Outlook. "But Outlook 2007 is as feature flush as, maybe not [Domino 8.0], but at least version 6.0 or 7.0," Music said.
Music said he won't actually migrate from Domino to Exchange Server and endure the pain of coexisting messaging platforms. Rather, he will store the Domino data in Symantec Corp.'s Enterprise Vault.
"We will crawl the data and incorporate it into a vault," he said. "We will revolve on journaling, capturing stuff as it comes in and having historical stuff as it exists. When conclude users Go home they will exist on Domino, when they Come in on Monday they will exist on Outlook."
AUSTIN, TX--(Marketwired - Apr 26, 2016) - lively Power ( NASDAQ : ACPW ), a manufacturer of flywheel energy storage products and modular infrastructure solutions (MIS) for mission critical and renewable applications worldwide, reported results for the first quarter ended March 31, 2016.
First Quarter 2016 fiscal ResultsRevenue in the first quarter of 2016 was $5.7 million compared to $13.1 million in the year-ago epoch and $12.5 million in the previous quarter. The reduce in revenue from both periods is due to lower product and service sales.
Gross margin in the first quarter of 2016 was 14% compared to 33% in the year-ago epoch and 25% in the previous quarter. The reduce in uncouth margin from both periods is primarily related to under absorption of fixed overhead costs in manufacturing against substantially lower product revenues and a decline in the volume of service revenue which traditionally has higher margins.
Operating expenses in the first quarter of 2016 were $4.7 million, a 18% reduction as compared to $5.8 million in the year-ago period, and a decline of 20% or $5.9 million in the previous quarter. The decreases were primarily due to lower payroll expense, lower commissions and management's focus on disciplined spending.
Net loss in the first quarter of 2016 was $4.1 million or $(0.18) per share compared to a net loss of $1.6 million or $(0.07) per share in the year-ago epoch and a net loss of $2.9 million or $(0.13) per share in the previous quarter. The increase in net loss from both periods is primarily due to lower revenue in the first quarter of 2016, partially offset by reduced expense levels.
Adjusted EBITDA in the first quarter of 2016 was a loss of $3.4 million compared to a loss of $864,000 in the year-ago epoch and a loss of $2.2 million in the previous quarter. The reduce in adjusted EBITDA from both periods is primarily due to lower revenues resulting in a higher net loss in the first quarter of 2016.
Cash and cash equivalents totaled $11.2 million at March 31, 2016, compared to $12.3 million at December 31, 2015. A reduction in accounts receivable balances partially mitigated the cash expend from the net loss.
Bookings and Backlog Bookings in the first quarter of 2016 were $10.0 million compared to bookings of $19.2 million in the year-ago epoch and $8.0 million in the previous quarter. First quarter orders of $10.0 million results in a book-to-bill ratio of 1.77. The dollar amount of backlog was approximately $35.1 million at March 31, 2016. Of the total backlog at March 31, 2016, approximately $9.6 million is not expected to exist filled in the following 12 months which includes both long-term service contracts and UPS product orders. Bookings amounts delineate anticipated revenue from product orders received during the epoch that are believed to exist solid and from signed contracts for service work. Backlog represents the amount of anticipated revenue from prior bookings at the conclude of the period. gladden refer to the Supplemental Information following the Condensed Consolidated equipoise Sheets for more detail regarding bookings.
Management Commentary "As they anticipated given the low bookings in the fourth quarter, the first quarter was challenging as product revenue declined significantly," said heed A. Ascolese, president and CEO, of lively Power. "We believe these results reflect a number of external factors including customer deferment in capital spending and schedule changes to postpone delivery due in Part to a persistent sluggish economy. Despite these conditions, they improved bookings by 25 percent and backlog by 14 percent while reducing expenses by 24 percent compared to the previous quarter."
"We remain committed to their priorities of increasing bookings and backlog and continued improvements in operational efficiencies and expense management as they jog through 2016. Feedback from realm sales indicates their total cost of ownership proposition has become even more compelling in this cost conscious environment."
Conference convene and Webcast lively Power will host a conference convene today, Tuesday, April 26, 2016, at 8:30 a.m. (ET) to dispute its first quarter 2016 results. Interested parties can dial into the conference convene at the time of the event at (412) 317-6789.
For parties wanting to listen live via the web, a webcast button is located on lively Power's investor relations website at http://ir.activepower.com. A replay of the webcast will exist available via lively Power's investor relations website.
About lively Power lively Power ( NASDAQ : ACPW ) designs and manufactures flywheel uninterruptible power supply (UPS) systems, modular infrastructure solutions (MIS), and energy storage products for mission critical and renewable applications worldwide. The company's products deliver an unmatched combination of total cost of ownership, reliability and sustainability for leading organizations around the world. Customers are served via Austin and three regional operations centers located in the United Kingdom, Germany and China, that support the deployment of systems in more than 50 countries. For more information, visit www.activepower.com.
Non-GAAP fiscal Measure This press release includes information about adjusted EBITDA, which is not a fiscal measure calculated and presented in accordance with U.S. generally accepted accounting principles ("GAAP"). At the conclude of the following tables, lively Power has provided a reconciliation of historical adjusted EBITDA to GAAP net loss, the most directly comparable GAAP fiscal measure, under the heading "Reconciliation of Net Loss to Adjusted EBITDA." lively Power encourages investors to review this reconciliation in conjunction with their presentation of adjusted EBITDA. remark "About Presentation of Adjusted EBITDA" in the following tables for their definition of adjusted EBITDA and for an notable discussion about the expend of this metric.
Cautionary Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the signification of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can exist identified by references to future periods, and include, without limitation, statements they profile regarding:
Actual results and the outcomes of future events could vary materially from those expressed or implied by these forward-looking statements because of a number of risks and uncertainties, including: the deferral or cancellation of sales commitments as a result of general economic conditions or uncertainty; the possibility backlog may not result in revenue; fiscal results that may vary significantly from quarter to quarter due to seasonality and volatility in customer demand; their continued ability to obtain adequate working capital to fund their operations; risks related to their international operations; their dependence on their relationships with Caterpillar, Inc., Hewlett Packard Enterprise, and on their distributors; product performance and character issues; significant competition; their continued talent to borrow under their credit agreement or raise capital as needed to support the business; and their talent to continue to hire and retain qualified personnel.
For more information on the risk factors that could reason actual results to vary from these forward looking statements, gladden refer to lively Power filings with the Securities and Exchange Commission, including its annual report on profile 10-K for the year ended December 31, 2015, its Quarterly Reports on profile 10-Q, and its Current Reports on profile 8-K filed since then. lively Power assumes no duty to update any forward-looking statements or information.Active Power, Inc. Condensed Consolidated Statement of Operations (in thousands, except per share amounts) Three Months EndedMarch 31, (unaudited) 2016 2015 Revenues: Product revenue $ 2,840 $ 9,548 Service and other revenue 2,825 3,581 Total revenue 5,665 13,129 Cost of goods sold: Cost of product revenue 3,141 6,971 Cost of service and other revenue 1,706 1,851 Total cost of goods sold 4,847 8,822 Gross profit 818 4,307 Operating expenses: Research and development 1,196 1,516 Selling and marketing 2,173 2,706 General and administrative 1,362 1,558 Total operating expenses 4,731 5,780 Loss from Operations (3,913 ) (1,473 ) Interest expense, net (85 ) (79 ) Other income (expense), net (57 ) (7 ) Net loss $ (4,055 ) $ (1,559 ) Net Loss per share, basic and diluted $ (0.18 ) $ (0.07 ) Shares used in computing net loss per share, basic and diluted 23,139 23,130 Active Power, Inc. Condensed Consolidated equipoise Sheets (in thousands, except par value) March 31,2016 December 31,2015 ASSETS Current assets: Cash and cash equivalents $ 11,220 $ 12,260 Restricted cash 38 36 Accounts receivable, net of allowance for dubious accounts of $71 and $70 at March 31, 2016 and December 31, 2015, respectively 5,066 8,849 Inventories, net 8,353 6,466 Prepaid expenses and other 726 792 Total current assets 25,403 28,403 Property and equipment, net 1,599 1,914 Deposits and other 275 278 Total assets $ 27,277 $ 30,595 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 2,411 $ 2,852 Accrued expenses 3,673 4,494 Deferred revenue 5,383 3,576 Revolving line of credit 5,535 5,535 Total current liabilities 17,002 16,457 Long-term liabilities 465 583 Commitments and contingencies Stockholders' equity Preferred stock - $0.001 par value; 2,000 shares authorized - - Common stock - $0.001 par value; 40,000 shares authorized; 23,173 and 23,171 issued and 23,110 and 23,109 outstanding at March 31, 2016 and December 31, 2015, respectively 23 23 Treasury stock (241 ) (240 ) Additional paid-in capital 304,461 304,094 Accumulated deficit (294,509 ) (290,454 ) Other accumulated comprehensive income 76 132 Total stockholders' equity 9,810 13,555 Total liabilities and stockholders' equity $ 27,277 $ 30,595 Active Power, Inc. Supplemental Information (in thousands) Revenue by Product Three Months Ended March 31,2016 % of total March 31,2015 % of total December 31,2015 % of total UPS $ 2,682 47 % $ 7,177 55 % $ 9,503 76 % MIS 158 3 % 2,371 18 % 123 1 % Total Product Revenue 2,840 50 % 9,548 73 % 9,626 77 % Service 2,825 50 % 3,581 27 % 2,899 23 % Total Revenue $ 5,665 100 % $ 13,129 100 % $ 12,525 100 % Revenue by Geography Americas $ 3,777 67 % $ 9,863 75 % $ 9,566 76 % EMEA 906 16 % 3,024 23 % 2,541 20 % Asia 982 17 % 242 2 % 418 3 % Total Revenue $ 5,665 100 % $ 13,129 100 % $ 12,525 100 % Active Power, Inc. Supplemental Information (in thousands) Total Bookings March 31,2015 June 30,2015 September 30,2015 December 31,2015 March 31,2016 Bookings $ 19,171 $ 17,322 $ 16,992 $ 8,043 $ 10,040 Book to Bill Ratio 1.46 1.03 1.14 0.64 1.77 Reconciliation of Net Loss to Adjusted EBITDA (in thousands) Three Months Ended March 31, March 31, December 31, 2016 2015 2015 Net Loss $ (4,055 ) $ (1,559 ) $ (2,906 ) Interest Expense 85 79 123 Depreciation Expense 217 293 234 Stock Based Compensation 367 323 385 Impairment of Long-Lived Assets - - - Adjusted EBITDA $ (3,386 ) $ (864 ) $ (2,164 )
About Presentation of Adjusted EBITDA Adjusted EBITDA is not a fiscal measure calculated and presented in accordance with GAAP, and should not exist considered as an alternative to net income, operating income or any other fiscal measures so calculated and presented, nor as an alternative to cash tide from operating activities as a measure of liquidity. The company defines adjusted EBITDA as net loss before impairment of long-lived assets, depreciation, interest, and non-cash stock based compensation. Other companies (including competitors) may define adjusted EBITDA differently. The company presents adjusted EBITDA because management believes it to exist an notable supplemental measure of performance that is commonly used by securities analysts, investors and other interested parties in the evaluation of companies in their industry. Management likewise uses this information internally for forecasting and budgeting. It may not exist indicative of the historical operating results of lively Power, Inc. nor is it intended to exist predictive of potential future results. Investors should not reckon adjusted EBITDA in isolation or as a substitute for analysis of the company's results as reported under GAAP.
SOURCE: lively Power, Inc.
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