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920-504 - Carrier Ethernet Operations - Dump Information

Vendor : Nortel
Exam Code : 920-504
Exam Name : Carrier Ethernet Operations
Questions and Answers : 50 Q & A
Updated On : April 20, 2018
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920-504 Questions and Answers

920-504 Carrier Ethernet Operations

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920-504 Certification Brain Dumps Source : Carrier Ethernet Operations

Test Code : 920-504
Test Name : Carrier Ethernet Operations
Vendor Name : Nortel
Q&A : 50 Brain Dump Questions

Nortel Carrier Ethernet Operations

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Nortel Strengthens PBT-Enabled provider Ethernet answer | killexams.com real questions with brain dumps


DECEMBER eleven, 2007

TORONTO - in response to fresh stories, person demands on the web could outpace network capacity within two years, inflicting brownouts and slowing cyber web speeds to a irritating crawl. To tackle this looming bandwidth scarcity, Nortel [NYSE/TSX: NT] is bettering its provider Ethernet portfolio, bringing more effective components to its PBT applied sciences with more advantageous items that meet service demand for better bandwidth means and adaptability to bring the necessary bandwidth. furthermore, new capabilities enable Nortel's PBT answer to elevate "triple-play" capabilities, including voice, information superhighway and tv programming for residential valued clientele, expanding earnings alternatives for carriers.

"the upward thrust in bandwidth-intensive functions and web sites like YouTube** has the abilities to create a significant shortfall in accessible bandwidth," stated Michael Howard, primary analyst and co-founder, Infonetics research. "PBT technologies can assist tackle this concern with its ability to handle bandwidth within the community. over the past 12 months, the enchantment of PBT has resulted in colossal industry interest, and now customer pick-up is starting. Nortel continues to strengthen its technology with enhancements that expand its appeal, giving it new capabilities and increasing its applicability to the residential market. this is a indispensable subsequent-step as PBT-enabled service Ethernet matures and gains share within the marketplace."

in addition to the evolution of PBT applied sciences, Nortel additionally announced customer momentum today in a partner announcement: Nortel's PBT Powers Carriers to bring high-Bandwidth features Like Video.

"The exponential growth in internet site visitors coupled with the style of Hyperconnectivity, during which every machine that should be connected to the network, will be connected to the network, could critically have an effect on the user event on the cyber web in the close future," referred to Philippe Morin, president, Metro Ethernet Networks, Nortel.

"The capacity to manage and maximize bandwidth supplies is a vital part of the solution - and that is PBT's strong point. Nortel is dedicated to innovation and to the continued evolution of PBT as a video game-changing technology that outpaces our opponents now and well into the longer term. Our latest product evolution brings the simplicity and cost discounts of PBT-enabled provider Ethernet to deployments in the residential market. we've superior this solution according to particular client input and are introducing new capabilities within new items to fulfill their needs."

PBT, or issuer spine Transport, enables carriers an alternative choice to current, high priced technologies through the use of Ethernet to simplify community operations. Ethernet** has been in huge use as a networking protocol for 30 years for corporations to share assistance, making it prevalent and extremely reasonably priced, however it is the intelligence from PBT that makes Ethernet conceivable for very significant-scale networks. PBT creates paths that carry streams of statistics in the course of the community throughout the premiere routes. here's vital for video, streaming song, VoIP and other site visitors that degrades in first-class from even the slightest delays within the network.

The Metro Ethernet Routing switch 8600, Nortel's start vehicle for PBT technology, is being superior to supply superior flexibility for carriers:o New processors will enable superior efficiency and the capacity to accommodate new functions and advanced networking traffic administration, leading to improved effectivity and the ability to convey capabilities like video to a better number of users.o New module alternate options for the MERS 8600 permit carriers flexibility for wider deployment eventualities, enabling carriers to tailor deployments to their specific necessities.

additionally, the business is introducing two new additions to the Metro Ethernet service gadgets 1800 portfolio, the Metro ESU 1880 and the Metro ESU 1860, which feature:o more suitable capabilities optimized to give flexible alternate options for the start of business capabilities to companies and triple-play capabilities for residential customers.o Aggregation capabilities that provide new deployment alternatives, and capability that allows a whole lot of heaps clients to be served cost with no trouble.the brand new products are entirely integrated with Nortel's Metro Ethernet supervisor (MEM), which works with PBT to simplify community operations and to deliver better network manage over Nortel's service Ethernet solution. MEM can provide network administration capabilities that enable providers to hold their present operations model and without delay set up and manage new functions.

o New characteristic enhancements, obtainable now, enable providers to view and troubleshoot from a community as well as a carrier standpoint. here is essential to assuring capabilities are "always on", setting apart and resolving any events that influence the network before valued clientele are affected.The greater MERS8600 and new Metro ESU 1800 items can be available in Q1 2008.

About Nortel

Nortel is a identified leader in supplying communications capabilities that make the promise of company Made elementary a reality for our customers. Our subsequent-era applied sciences, for both carrier issuer and business networks, guide multimedia and enterprise-essential applications. Nortel's technologies are designed to support dispose of brand new boundaries to efficiency, speed and performance by simplifying networks and connecting individuals to the counsel they need, once they need it. Nortel does company in more than a hundred and fifty international locations everywhere. For more information, visit Nortel on the net at www.nortel.com. For the newest Nortel information, seek advice from nortel.com/news.

**here is a third birthday celebration hyperlink as described in our web linking practices.

Contacts for Press and Analysts:Pat Cooper425-450-7523pat.cooper@nortel.com

Greta Brown+44-1268-432968gretab@nortel.com

linked Thomas business update Thomas For Industry

Ciena bids $521M for Nortel business contraptions | killexams.com real questions with brain dumps

(AP) -- Ciena Corp. is providing money and stock worth $521 million to acquire some of Nortel's most-prized remaining business devices because the fallen telecommunications company continues to liquidate.

The deal announced Wednesday covers the Nortel Optical Networking and service Ethernet groups, which have been regarded among the many most fulfilling belongings yet to be offered by means of Nortel.

Nortel mentioned its contract with Ciena requires the Linthicum, Md.-based enterprise to present jobs to at the least 2,000 personnel, or more than 85 percent of total at Nortel's Optical Networking and service Ethernet company instruments.

however, there's no assure the deal will close as announced on account that Ciena's present could be used as a gap bid for an auction by Nortel.

In old public sale of Nortel enterprise contraptions this yr, the closing fees were substantially greater than the initial "stalking horse" bids.

in this case, Ciena is offering $390 million in cash and 10 million shares of Ciena typical inventory. The shares are presently price about $131 million.

Nortel, a former telecommunications equipment gigantic that at one point accounted for one-third of the market price on the complete Toronto inventory alternate, filed for chapter protection in Canada and the U.S. in January.

The Toronto-based business has been promoting its operations piece by means of piece.

remaining month, Nortel announced its enterprise solutions division could be offered to New Jersey-primarily based Avaya for $900 million. Avaya had originally bid $475 million in July however sweetened the offer to win an public sale that all started Sept. eleven and lasted a few days.

previous to that, LM Ericsson of Sweden agreed to pay $1.13 billion for Nortel's instant community company, beating a $650 million stalking horse bid put forward through Nokia Siemens, a joint venture between Finland's Nokia Corp. and Germany's Siemens AG.

Philippe Morin, president of Nortel Metro Ethernet Networks, referred to that Nortel's employees have completed a "tremendous job stabilizing our business" and the business is "specifically happy" that a significant number of them can be offered jobs with Ciena. The addition of 2,000 personnel from Nortel would roughly double the measurement of Ciena's world team of workers.

"here's a different and wonderful opportunity for us to speed up our current method and the tempo of our increase plans with the aid of two to 3 years," Gary Smith, Ciena's CEO and president, noted in an announcement.

Ciena shares rose forty eight cents, or 3.7 p.c, to $13.53 in morning buying and selling Wednesday in ny.

©2009 The linked Press. All rights reserved. This material may additionally no longer be posted, broadcast, rewritten or redistributed.

discover additional: Nortel to sell itself off in pieces

Ciena signs Agreements to purchase Optical and service Ethernet assets of Nortel’s Metro Ethernet Networks company | killexams.com real questions with brain dumps

LINTHICUM, Md.--(business WIRE)--Ciena® organization (NASDAQ: CIEN), the community specialist, today introduced that it has entered into agreements with Nortel to buy notably all the optical networking and provider Ethernet property of Nortel’s Metro Ethernet Networks (men) business for $390 million in cash and 10 million shares of Ciena standard stock. The product and know-how property to be received consist of Nortel’s lengthy-haul optical transport portfolio; metro optical Ethernet switching and transport solutions; Ethernet transport, aggregation and switching technology; multiservice SONET/SDH product households; and community management software items.

The proposed transaction would make stronger Ciena’s world presence and convey collectively complementary applied sciences in switching and transport as a way to present clients a realistic direction for transitioning to automatic, optical Ethernet-based networking. in response to the closing fee of Ciena’s stock on Tuesday, October 6, 2009, the mixture price of the shares to be issued through Ciena is approximately $131 million, bringing the cost of the honor to approximately $521 million. The belongings to be got generated about $1.36 billion in revenue for Nortel in 2008 and $556 million (unaudited) in the first six months of 2009.

“here is a special and pleasing opportunity for us to speed up our present method and the tempo of our boom plans by using two to 3 years,” stated Gary Smith, Ciena’s CEO and president. “We trust this transaction will place us for sooner boom by giving us enhanced geographic attain, broader consumer relationships and a deeper portfolio of solutions. We accept as true with we are premier placed to leverage these property, thereby growing a major challenger to usual network providers.”

He persevered: “we have giant appreciate for the proficient individuals at Nortel and for their tune record of innovation, and we seem ahead to the chance to construct on our existing presence in Canada, where we now have operated an R&D middle of excellence for the reason that 2003. should the transaction be completed, we may be disciplined in integrating the bought assets on an aggressive timeframe. we will draw from the most effective in our respective businesses, cultures and skills to ensure that we carry continuity of deliver and innovation for our purchasers and meet shareholder expectations.”

Ciena is expected to make employment presents to as a minimum 2,000 Nortel employees to develop into part of Ciena’s world team of network specialists. The proposed acquisition would greatly increase Ciena’s latest Canadian-based development materials, making Ottawa the business’s biggest product and construction center. Ciena at present has development facilities in Alpharetta, Georgia; Linthicum, Maryland; Ottawa, Ontario; San Jose, California; Spokane, Washington; and Gurgaon, India. As of July 31, 2009, the end of its fiscal third quarter, Ciena employed 2,110 employees globally.

Given the constitution of the transaction as an asset carve-out, Ciena expects to incur integration-linked costs of approximately $one hundred eighty million. in accordance with present expectations of deal timing, Ciena anticipates that most of the mixing-linked costs might be incurred in 2010 and expects the transaction to be enormously accretive to Ciena’s results of operations in fiscal 2011.

because of Nortel’s restructuring process, the transaction is area to a competitive bidding system and requires the approval of the united states bankruptcy court for the District of Delaware and the Ontario superior court of Justice. Ciena expects hearings earlier than those courts to approve bidding strategies, destroy-up price and rate reimbursement should be held inside the next a number of weeks, adopted by using a bid period and a possible auction, with ultimate sale hearings to be held thereafter.

within the Europe, center East and Africa (EMEA) place, Ciena has entered into an agreement with the Joint directors, on behalf of the Nortel EMEA entities participating in the transaction for which they've been appointed, and the place relevant, the transaction is subject to statutory suggestions-sharing and session strategies with the crucial worker representatives, as well as approval of the court in Israel.

The transaction is also discipline to regularly occurring closing circumstances, together with receipt of essential regulatory approvals.

Deutsche bank Securities Inc. and Foros Securities LLC served as financial advisors to Ciena on this transaction.

more information about this proposed transaction is attainable in a kind eight-okay to be filed by Ciena today and on Ciena’s site at http://www.ciena.com.

are living web Broadcast and Teleconference of discussion

Ciena’s executives will host a discussion of this news announcement with investors and monetary analysts nowadays, Wednesday, October 7, 2009 at eight:30 am (eastern). The reside broadcast of the discussion will be accessible by way of Ciena’s site at http://investor.ciena.com. The dialogue will even be teleconferenced and attainable globally via dialing +1 (719) 325-2370. Please use access code 1922497. A limited number of dial-in lines may be made attainable. To make sure your participation in the teleconference, please dial into the name middle as a minimum 5 minutes in advance of the scheduled conference delivery time.

For these unable to participate within the are living webcast/teleconference name, an automatic playback might be available from approximately 12:00 pm (japanese) on Wednesday, October 7, 2009 through dead night (eastern) on Thursday, October eight, 2009. To take heed to the replay at any time in the U.S. and Canada, dial: (888) 203-1112 and from international areas: +1 (719) 457-0820. Please use entry code 1922497. An archived edition of the discussion will also be obtainable almost immediately following the conclusion of the reside broadcast on the Investor members of the family web page of Ciena’s web page at: http://investor.ciena.com.

About Ciena

Ciena specializes in functional community transition. We present main community infrastructure solutions, intelligent application and a comprehensive services follow to aid our consumers use their networks to essentially alternate the way they compete. With a global presence, Ciena leverages its heritage of functional innovation to bring highest efficiency and economic price in communications networks worldwide. We routinely publish fresh information, economic outcomes and other essential bulletins and tips about Ciena on our website. For extra assistance, discuss with www.ciena.com.

be aware to investors

forward-searching statements. This press release carries definite forward-searching statements based on latest expectations, forecasts and assumptions that contain hazards and uncertainties. ahead-searching statements consist of statements concerning Ciena's expectations, beliefs, intentions or recommendations regarding the longer term and can be recognized by using ahead-searching words akin to "count on," "trust," "may," "estimate," "expect," "intend," "may additionally," "may still," "will," and "would" or identical phrases. forward-looking statements relating to the transaction described herein include, but don't seem to be constrained to, statements concerning the benefits of the transaction, together with future economic and working results, accretion to revenue per share coming up from the transaction, integration charges, the expected volume and timing of charge reductions and working synergies, whether and when the transaction reflected should be consummated, and the combined enterprise's plans, expectations, aims, and intentions. These statements are according to counsel obtainable to Ciena as of the date hereof and exact outcomes could fluctuate materially from those cited or implied. These statements are discipline to hazards and uncertainties associated with Ciena’s company, which encompass the chance factors disclosed in Ciena’s kind 10-Q filed with the SEC on September 3, 2009. risks relating to the proposed transaction include, however don't seem to be confined to: bankruptcy and regulatory approvals may now not be acquired; the predicted benefits and synergies of the proposed transaction might also not be realized; the integration may be materially delayed or may be more expensive or complex than anticipated; and the proposed transaction might also no longer be consummated. Ciena assumes no obligation to replace the information blanketed in this press unlock, even if on account of new assistance, future pursuits or otherwise.

920-504 Carrier Ethernet Operations

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920-504 Certification Brain Dumps Source : Carrier Ethernet Operations

Test Code : 920-504
Test Name : Carrier Ethernet Operations
Vendor Name : Nortel
Q&A : 50 Brain Dump Questions

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A social gathering of lifestyles for David Michael “Hoot” Howe of Flippin, Arkansas, will be held at 11 a.m. Aug. 18 at Kirby and family unit Funeral home Chapel in Bull Shoals, Arkansas, with the Rev. Donnie Hudson officiating.

David handed away Aug. four, 2016, in Mountain home, Arkansas, after a protracted combat with revolutionary Supernuclear Palsy on the age of 71. He became born Aug. 18, 1944, in Portage, the son of Emmett and Evelyn Thorpe Howe. He married Susan Stump Molloy on Aug. 30, 1985, at Grand Lake, Colorado, and turned into a self-employed construction employee focusing on concrete flatwork. David was within the U.S. Navy. David enjoyed mountaineering, flora and fauna images, birding and touring. He also volunteered with the red cross, Bull Shoals White River State Park, Bull Shoals food Pantry, cost effective Spay and Neuter health center, and christmas hope.

David is survived by means of his wife, Susan Howe of Flippin, Arkansas; sons, David Howe Jr. of Colorado, and Peter Howe of Texas; grandson, Kelly Howe of Utah; beloved sister, Marilyn Houk of Wisconsin; brothers, Pat, Derl, Duane and Phillip; sisters, Eva (Jerry), Lola (Ron) and Mary; step sons, David and Joseph Molloy; step grandchildren, Nick, Benjamin and Sydney; many loving nieces and nephews; special brother and sister-in-law, Cindy and Rob Martin of Lakeview, Arkansas; and canines companions, Katydid and Teal, and Sammy the cat.

He turned into preceded in death by way of his fogeys; brothers Jack, Hilary and Jude; and sister, Lois.

Memorials may well be made to the Wyocena helping arms or the Columbia County Humane Society.

preparations are by Kirby and household Funeral and Cremation capabilities. consult with an online obituary and guestbook at www.kirbyandfamily.com.

Pegasystems reviews economic outcomes for Third Quarter and First 9 Months of 2012 | killexams.com real questions with brain dumps

CAMBRIDGE, MA--(Marketwire - Nov 8, 2012) - Pegasystems Inc. ( NASDAQ : PEGA ), the leader in enterprise technique administration (BPM) and a number one company of customer Relationship administration (CRM) solutions, these days introduced financial consequences for the third quarter and first nine months of 2012. income for the third quarter of 2012 expanded 6% in comparison to the third quarter of 2011. internet loss for the third quarter of 2012 became $(0.three) million, or $(0.01) per diluted share, in comparison to net earnings of $5 million, or $0.13 per diluted share, for the third quarter of 2011. profits for the first 9 months of 2012 extended 5% to $317.9 million compared to the first 9 months of 2011. web income for the primary nine months of 2012 was $1.5 million, or $0.04 per diluted share, compared to net revenue of $12 million, or $0.31 per diluted share for the primary 9 months of 2011.

  chosen financial outcomes                           Three Months Ended     9 Months Ended     September 30,     September 30, ($ in '000s)   2012     2011     2012   2011 total income   $ a hundred and one,657     $ 95,503     $ 317,880   $ 301,381 revenue (loss) from operations   $ 401     $ (2,008 )   $ 3,636   $ 6,790 web (loss) salary   $ (331 )   $ 4,959     $ 1,459   $ 11,963 (Loss) revenue per share, fundamental   $ (0.01 )   $ 0.13     $ 0.04   $ 0.32 (Loss) salary per share, diluted   $ (0.01 )   $ 0.13     $ 0.04   $ 0.31                              

company viewpoint "regardless of economic headwinds, earnings elevated year over year," spoke of Alan Trefler, Founder and CEO of Pegasystems. "We saw decent stability across our industry verticals, including fiscal capabilities, assurance, healthcare, communications & media, public sector, lifestyles sciences, and shuttle & hospitality. purchasers are adopting and lengthening their Pega deployments as a result of our product's unmatched ability to aid our consumers abruptly optimize the customer experience and intelligently automate operations." 

"we're proud to have these entertaining qualities recounted during this quarter with the aid of impartial business analysts. a number one analyst enterprise as soon as again highlighted Pega as main the newly updated Magic Quadrant for clever enterprise system management (iBPMS), which emphasizes precise-world business effects and the actual-time agility that main businesses require. Pega's power in case administration and dynamic analytics helped us to preserve our management during this market. We were additionally named leader in treasury onboarding within the monetary functions space by using an extra analyst firm right through the quarter. These analysts' opinions confirm what our client success already demonstrates, that Pega empowers company people to create and evolve their vital business methods sooner and more charge simply than inflexible packaged applications or laborious guide coding."

Craig Dynes, Pegasystems' CFO, commented, "After greater than six years at Pegasystems, I actually have determined to go away the business in 2013 following the submitting of the kind 10K, ideally to work with a promising late stage deepest company. It has been a major honor to be part of this sort of a hit corporation that has more than tripled annual salary over the past 5 years within the face of some of the worst economic conditions in recent background. These economic situations have, very comparable to remaining yr, resulted in a really lower back-conclusion loaded 12 months with consumers appearing to lengthen execution of significant license agreements until the end of their funds period." Mr. Trefler concluded, "We deeply respect Craig's many contributions all over the final six years of dramatic increase, wish him the most effective, and should be working diligently to find a valuable successor."

Messrs. Trefler and Dynes will host a conference call and reside Webcast associated with this announcement at 5:30 p.m. EST on November eight, 2012. Dial-in assistance is as follows: 1 (866) 393-1604 (domestic) or 1 (678) 809-1046 (overseas). To listen to the Webcast log onto www.pega.com as a minimum 5 minutes prior to the event's broadcast and click on the Webcast icon in the Investor members of the family part. A replay of the name will also be attainable on www.pega.com within the Investor family members section Audio Archives link.

discussion of Non-GAAP Measures

To supplement economic results offered in accordance with often permitted Accounting concepts in the U.S., ("GAAP"), the enterprise offers Non-GAAP measures, including during this liberate. Pegasystems' management makes use of a number of distinct financial measures, both GAAP and Non-GAAP, in analyzing and assessing the average efficiency of the enterprise, for making operating decisions, and for forecasting and planning for future durations. The business's annual financial plan is ready each on a GAAP and Non-GAAP foundation, and each are accepted by using our board of administrators. furthermore and resulting from the importance of these measures in managing the company, the company makes use of Non-GAAP measures and economic performance consequences within the comparison technique to establish administration's compensation.

Story Continues

The Non-GAAP measures exclude amortization of intangible property, stock-based mostly compensation and relocation charges linked to the stream of our workplace headquarters. The company believes that these Non-GAAP measures are advantageous in knowing our past monetary performance and our anticipated future results. These Non-GAAP monetary measures are not intended to be regarded in isolation or as a substitute for related GAAP measures and may be examine most effective at the side of our consolidated financial statements prepared according to GAAP. A reconciliation of the enterprise's GAAP to Non-GAAP measures is included in the monetary schedules on the end of the release.

forward-looking StatementsCertain statements contained in this press release may well be construed as "forward-looking statements" as defined within the deepest Securities Litigation Reform Act of 1995, together with these concerning our future monetary efficiency, including our income, prices and license signings. The phrases "count on," "venture," "predict," "plan," "intend," "believe," "estimate," "may still", "target," "forecast," "could," "preliminary," "suggestions" and identical expressions, among others, establish ahead-looking statements, which communicate best as of the date the statement was made. These statements are in keeping with present expectations and assumptions and involve numerous risks and uncertainties, which could cause the company's actual results to vary from those expressed in such forward-searching statements. These hazards and uncertainties consist of, among others, version popular for our items and features and the difficulty in predicting the completion of product acceptance and other factors affecting the timing of our license income awareness, the continued uncertainty and volatility within the global monetary markets regarding the eu sovereign debt disaster and the so called "fiscal cliff" in the U.S., the ongoing consolidation within the fiscal features and healthcare markets, reliance on third celebration relationships, the competencies loss of vendor selected objective evidence for our knowledgeable capabilities, and administration of the company's boom. additional information regarding these and different elements which could cause the business's actual results to differ materially from any forward-looking statements contained in this press unlock is contained within the enterprise's Annual document on kind 10-ok for the 12 months ended December 31, 2011, the enterprise's Quarterly report on kind 10-Q for the quarterly period ended September 30, 2012 and different contemporary filings with the Securities and alternate commission. The ahead-searching statements contained during this press free up signify the business's views as of November 8, 2012. investors are advised no longer to place undue reliance on such forward-searching statements and there aren't any assurances that the matters contained in such statements should be performed. despite the fact subsequent hobbies can cause the enterprise's view to trade, the enterprise does not undertake and particularly disclaims any responsibility to publicly update or revise these ahead-looking statements whether because the influence of recent suggestions, future activities or in any other case. The statements should therefore no longer be relied upon as representing the business's view as of any date subsequent to November 8, 2012.

RSS Feeds for Pegasystems Press Releases, Pegasystems Media coverage and Pegasystems pursuits

About Pegasystems Pegasystems revolutionizes how leading organizations optimize customer journey and automate operations. Our patented build for alternate® know-how empowers company people to create and evolve their essential enterprise systems. Pegasystems is the recognized leader in business process management and is also ranked as a pacesetter in customer relationship administration software by leading industry analysts. For extra suggestions, please consult with us at www.pega.com. 

All logos are the property of their respective homeowners.

The information contained during this press liberate isn't a dedication, promise, or prison responsibility to bring any cloth, code or performance. The construction, release and timing of any elements or functionality described continues to be at the sole discretion of Pegasystems. Pegasystems especially disclaims any liability with recognize to this counsel.

    Pegasystems Inc.   Unaudited Condensed Consolidated Statements of Operations   (In heaps, except per share amounts)           Three Months Ended     nine Months Ended       September 30,     September 30,       2012     2011     2012     2011   income:                                 application license   $ 28,575     $ 25,346     $ ninety five,517     $ 93,453   renovation     32,317       29,971       97,657       85,713   skilled functions     40,765       forty,186       124,706       122,215     complete income     101,657       ninety five,503       317,880       301,381   charge of revenue:                                 cost of application license     1,585       1,637       four,763       4,942   can charge of protection     3,745       2,980       11,072       9,614   charge of professional capabilities     32,335       37,194       103,351       107,668     total cost of revenue (1)     37,665       41,811       119,186       122,224   Gross profit     63,992       fifty three,692       198,694       179,157   working costs:                                 selling and advertising and marketing     36,893       32,463       116,476       103,707   analysis and building     19,506       sixteen,218       fifty seven,411       47,047   typical and administrative     7,192       7,222       21,171       21,193   Acquisition-related charges     --       --       --       482   Restructuring prices     --       (203 )     --       (sixty two )   complete operating fees (1)     sixty three,591       55,700       195,058       172,367   profits (loss) from operations     401       (2,008 )     three,636       6,790   international foreign money transaction profit (loss)     438       (1,049 )     337       a hundred and forty   pastime earnings, internet     113       102       318       279   different (expense) profits, net     (920 )     504       (1,496 )     365   income (loss) earlier than provision (benefit) for earnings taxes     32       (2,451 )     2,795       7,574   Provision (improvement) for profits taxes     363       (7,410 )     1,336       (4,389 )   internet (loss) salary   $ (331 )   $ four,959     $ 1,459     $ eleven,963   (Loss) salary per share:                                 primary   $ (0.01 )   $ 0.13     $ 0.04     $ 0.32   Diluted   $ (0.01 )   $ 0.13     $ 0.04     $ 0.31   Weighted-general variety of common shares incredible:                                 fundamental     37,881       37,588       37,834       37,425   Diluted     37,881       38,930       38,897       38,864   Dividends per share   $ 0.03     $ 0.03     $ 0.09     $ 0.09   (1) contains stock-based mostly compensation as follows:                                 can charge of salary     849       659       2,710       2,009   operating costs     1,935       1,663       5,912       four,713                                                                                                         PEGASYSTEMS INC. RECONCILIATION OF chosen GAAP TO NON-GAAP MEASURES (1) ($ in heaps, except per share data)                           Three Months Ended     nine Months Ended     September 30, 2012     September 30, 2012                               internet (Loss) profits and Diluted EPS - GAAP basis   $ (331 )   $ (0.01 )   $ 1,459   $ 0.04                               Adjustment to exclude amortization of intangible belongings, net of tax     1,889       0.05       5,535     0.14                               Adjustment to exclude stock-primarily based compensation, internet of tax     1,893       0.05       5,709     0.15                               Adjustment to exclude expenses for relocation of headquarters, net of tax     1,623       0.04       four,609     0.12                                                             web earnings and Diluted EPS - Non-GAAP basis   $ 5,074     $ 0.13     $ 17,312   $ 0.forty five                                                             Weighted-normal regular shares - diluted GAAP     37,881               38,897                                     Weighted-normal general shares - diluted Non-GAAP     38,833               38,897                                                                                                 PEGASYSTEMS INC. FOOTNOTES FOR RECONCILIATON OF selected GAAP MEASURES TO NON-GAAP MEASURES  

(1) This presentation includes Non-GAAP measures. Our Non-GAAP measures aren't supposed to be regarded in isolation or as an alternative choice to similar GAAP measures, and should be examine simplest in conjunction with our consolidated fiscal statements prepared according to GAAP. For an in depth rationalization of the alterations made to comparable GAAP measures, the explanation why administration makes use of these measures, the usefulness of those measures and the material barriers on the usefulness of those measures see disclosure under discussion of Non-GAAP Measures included past in this liberate and beneath. Our Non-GAAP economic measures replicate alterations in keeping with the following items, as well as the related earnings tax results:

Amortization of intangible assets: we now have excluded the amortization fee of intangible property from our Non-GAAP operating charges and web salary measures. Amortization of intangible property is inconsistent in quantity and frequency and is drastically suffering from the timing and size of our acquisitions. investors should still observe that the use of intangible belongings contributed to our revenues earned all through the durations offered and may make contributions to our future duration revenues as neatly. Amortization of intangible belongings will recur in future intervals.

inventory-based compensation charges: we now have excluded stock-based mostly compensation fee from our Non-GAAP working costs and net income measures. besides the fact that children stock-based mostly compensation is a key incentive provided to our employees, and we agree with such compensation contributed to the revenues earned right through the periods offered and that it will make contributions to the generation of future duration revenues, we proceed to consider our enterprise performance except inventory-primarily based compensation expense.

Headquarters relocation expenses: We completed the circulation of our office headquarters in the third quarter of 2012. because of this planned movement, we accelerated the depreciation on definite leasehold improvements and furniture and fixtures to be abandoned from our prior headquarters. We recorded incremental depreciation cost of $0.1 million and $0.4 million all over the third quarter and first 9 months of 2012, respectively. in addition, we recorded rent expense of $1.4 million and $four.4 million associated with our new workplace headquarters right through the third quarter and first 9 months of 2012, respectively. finally, we incurred approximately $0.9 million and $2.2 million for rent-connected and gadget prices and other moving expenses in reference to our flow right through the third quarter and first 9 months of 2012, respectively. We agree with these incremental prices for existing and new office headquarters because of our moving our headquarters is not consultant of our ongoing business.

Taxes: The differences between our GAAP and Non-GAAP helpful tax costs in the third quarter and first nine months of 2012 were basically because of the have an effect on of bigger Non-GAAP income earlier than taxes.

Weighted-average ordinary shares: The diluted weighted-standard typical shares used for the calculation of Non-GAAP diluted revenue per share for the third quarter of 2012 comprises the dilutive effect of wonderful options, constrained stock contraptions, and warrants, and the average market expense of our usual stock all the way through the relevant length the usage of the treasury inventory formula.

    PEGASYSTEMS INC. Unaudited Condensed Consolidated steadiness Sheets       As of   As of     September 30,2012   December 31,2011 belongings             present property:               cash and cash equivalents   $ 66,237   $ 60,353   Marketable securities     45,092     fifty one,079     total money, cash equivalents, and marketable securities     111,329     111,432   trade bills receivable, internet of allowance     80,849     98,293   Deferred revenue taxes     9,823     9,826   profits taxes receivable     10,776     7,545   other latest belongings     6,276     4,865       complete existing property     219,053     231,961 Property and machine, internet     31,285     14,458 lengthy-time period deferred earnings taxes     43,835     43,286 lengthy-term different assets     1,767     2,186 Intangible belongings, net     sixty one,009     sixty nine,369 Goodwill     20,451     20,451       complete assets   $ 377,four hundred   $ 381,711 LIABILITIES AND STOCKHOLDERS'equity             latest liabilities:               money owed payable   $ 4,548   $ 10,899   gathered charges     17,311     18,336   collected compensation and linked expenses     26,779     39,170   Deferred profits     seventy four,784     73,840       complete existing liabilities     123,422     142,245 income taxes payable     9,113     9,547 long-term deferred salary     17,423     15,367 different lengthy-term liabilities     14,394     5,796       total liabilities     164,352     172,955 Stockholders' fairness:     213,048     208,756       complete liabilities and stockholders' equity   $ 377,four hundred   $ 381,711                                           PEGASYSTEMS INC.   Unaudited Condensed Consolidated Statements of money Flows           nine Months Ended       September 30,       2012     2011       (in thousands)   working actions:                   web revenue   $ 1,459     $ eleven,963     changes to reconcile internet earnings to cash used in working actions:                   extra tax improvement from equity awards and deferred income taxes     (three,672 )     (5,536 )   Depreciation, amortization, and different non-money items     18,590       13,176     stock-based compensation rate     eight,622       6,722     overseas forex transaction loss     785       624     alternate in working property and liabilities, and different, internet     three,300       (7,302 )   money offered through operating activities     29,084       19,647     money used in investing actions     (16,746 )     (36,011 )   cash used in financing actions     (7,050 )     (three,521 ) impact of exchange fee adjustments on cash and cash equivalents     596       361   net boost (lower) in money and money equivalents     5,884       (19,524 ) cash and money equivalents, starting of duration     60,353       71,127   money and money equivalents, conclusion of period   $ sixty six,237     $ fifty one,603  

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Nortel 920-504 Exam (Carrier Ethernet Operations) Detailed Information


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