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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 : July 13, 2018
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920-504 Carrier Ethernet Operations

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920-504 exam Dumps Source : Carrier Ethernet Operations

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

Nortel Carrier Ethernet Operations

Ciena bids $521M for Nortel company contraptions | killexams.com Real Questions and Pass4sure dumps

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

The deal announced Wednesday covers the Nortel Optical Networking and service Ethernet groups, which were regarded among the many top of the line assets yet to be bought by using Nortel.

Nortel said its contract with Ciena requires the Linthicum, Md.-based mostly business to offer jobs to as a minimum 2,000 personnel, or greater than 85 p.c of complete at Nortel's Optical Networking and service Ethernet company instruments.

despite the fact, there isn't a guarantee the deal will close as announced because Ciena's present could be used as a gap bid for an public sale by way of Nortel.

In outdated public sale of Nortel business units this year, the closing costs had been extensively bigger than the initial "stalking horse" bids.

in this case, Ciena is offering $390 million in money and 10 million shares of Ciena standard stock. The shares are at the moment price about $131 million.

Nortel, a former telecommunications gadget colossal that at one element accounted for one-third of the market price on the complete Toronto stock exchange, filed for chapter coverage in Canada and the U.S. in January.

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

ultimate month, Nortel announced its commercial enterprise solutions division can be offered to New Jersey-based Avaya for $900 million. Avaya had at the beginning bid $475 million in July however sweetened the offer to win an auction that started Sept. 11 and lasted a number of days.

in advance of that, LM Ericsson of Sweden agreed to pay $1.13 billion for Nortel's wireless community enterprise, beating a $650 million stalking horse bid put ahead by means of Nokia Siemens, a three way partnership between Finland's Nokia Corp. and Germany's Siemens AG.

Philippe Morin, president of Nortel Metro Ethernet Networks, talked about that Nortel's employees have finished a "gigantic job stabilizing our enterprise" and the enterprise is "peculiarly happy" that a big number of them may be offered jobs with Ciena. The addition of 2,000 employees from Nortel would roughly double the size of Ciena's world staff.

"this is a unique and interesting chance for us to speed up our present method and the tempo of our increase plans by way of two to three years," Gary Smith, Ciena's CEO and president, spoke of in a press release.

Ciena shares rose 48 cents, or 3.7 %, to $13.53 in morning trading Wednesday in manhattan.

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

discover extra: Nortel to promote itself off in pieces

Nortel seeks purchaser for carrier VoIP company | killexams.com Real Questions and Pass4sure dumps

TORONTO (Reuters) - Bankrupt telecom gadget maker Nortel Networks Corp NRTLQ.PK has sought courtroom approval to sell certain belongings of its provider voice over internet protocol and application solutions enterprise to Genband Inc for $282 million, court papers showed.

The Canadian business said on Wednesday Genband is appearing because the “stalking horse bidder,” surroundings the ground expense for the property at an auction supervised with the aid of the bankruptcy courtroom.

The purchase price is field to balance sheet and other changes estimated at about $one hundred million.

The offer via Texas-primarily based Genband comprises the North america, Caribbean and Latin the usa and Asia carrier VoIP and application solutions business. It additionally contains an settlement for the sale of significantly all the property of the Europe, center East and Africa element of its CVAS enterprise.

Nortel expects to are seeking U.S. and Canadian court approvals for the bidding processes, including a bid closing date and tentative auction date, next month.

It talked about a “big amount” of the employees within the operations being sold would hold their jobs with Genband.

Nortel, once North the usa’s biggest telecommunications device business, filed for bankruptcy insurance policy ultimate January. as opposed to trying to restructure, it is auctioning off its assets in an attempt to pay back debtholders.

previous this month, bankruptcy courts cleared the way for Ciena Corp CIEN.O to acquire Nortel’s optical networking and provider ethernet company for $769 million.

community equipment maker Ciena referred to it expects the deal — so that you can double its size and boost its debt load — to close in the first quarter of 2010.

Ciena trumped an offer with the aid of Nokia Siemens and its financial companion, One equity partners, with an auction-successful bid of $530 million in money and $239 million in convertible securities.

ultimate month, Sweden’s Ericsson (ERICb.ST) won an public sale for Nortel’s wireless assets, together with the CDMA wireless know-how utilized in North america and in the emerging LTE excessive-velocity instant know-how.

The case is Nortel Networks Inc, et al, No. 09-10138 in the U.S. chapter courtroom for the District of Delaware.

Late on Wednesday, Nortel noted it and Nortel Networks restrained (NNL), Nortel Networks Inc. (NNI), and sure of its other Canadian and U.S. subsidiaries that have filed for creditor insurance policy in Canada or the U.S. entered right into a remaining Canadian Funding and agreement contract.

The agreement provides for the settlement of definite inter-business claims, including in respect of amounts determined to be owed by NNL to NNI beneath Nortel’s switch pricing arrangements for the years 2001 through 2005.

Reporting by way of Santosh Nadgir in Bangalore and Scott Anderson in Toronto; modifying by way of John Wallace

Ciena indications Agreements to purchase Optical and provider Ethernet property of Nortel’s Metro Ethernet Networks company | killexams.com Real Questions and Pass4sure dumps

LINTHICUM, Md.--(enterprise WIRE)--Ciena® service provider (NASDAQ: CIEN), the network professional, nowadays introduced that it has entered into agreements with Nortel to buy radically the entire optical networking and provider Ethernet assets of Nortel’s Metro Ethernet Networks (men) enterprise for $390 million in money and 10 million shares of Ciena standard inventory. The product and know-how property to be bought include Nortel’s long-haul optical transport portfolio; metro optical Ethernet switching and transport solutions; Ethernet transport, aggregation and switching technology; multiservice SONET/SDH product families; and network management utility products.

The proposed transaction would strengthen Ciena’s international presence and produce together complementary applied sciences in switching and transport that allows you to present purchasers a realistic direction for transitioning to automatic, optical Ethernet-based networking. in keeping with the closing price of Ciena’s stock on Tuesday, October 6, 2009, the combination value of the shares to be issued by Ciena is about $131 million, bringing the value of the honor to about $521 million. The property to be acquired generated approximately $1.36 billion in salary for Nortel in 2008 and $556 million (unaudited) in the first six months of 2009.

“here is a different and pleasing opportunity for us to speed up our latest strategy and the pace of our boom plans through two to 3 years,” referred to Gary Smith, Ciena’s CEO and president. “We accept as true with this transaction will place us for faster increase by way of giving us more advantageous geographic reach, broader consumer relationships and a deeper portfolio of options. We consider we're top-rated positioned to leverage these property, thereby creating a major challenger to typical network vendors.”

He endured: “we've tremendous recognize for the proficient individuals at Nortel and for their song record of innovation, and we seem forward to the chance to construct on our present presence in Canada, where we now have operated an R&D core of excellence considering 2003. should the transaction be accomplished, we may be disciplined in integrating the acquired belongings on an aggressive timeframe. we are able to draw from the most appropriate in our respective organizations, cultures and competencies to make certain that we convey continuity of deliver and innovation for our consumers and meet shareholder expectations.”

Ciena is expected to make employment presents to as a minimum 2,000 Nortel employees to develop into a part of Ciena’s world group of network consultants. The proposed acquisition would enormously boost Ciena’s current Canadian-primarily based building components, making Ottawa the enterprise’s greatest product and development center. Ciena at the moment has construction amenities 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,a hundred and ten personnel globally.

Given the constitution of the transaction as an asset carve-out, Ciena expects to incur integration-related expenses of approximately $180 million. in keeping with latest expectations of deal timing, Ciena anticipates that most of the combination-connected charges could be incurred in 2010 and expects the transaction to be vastly accretive to Ciena’s outcomes of operations in fiscal 2011.

because of Nortel’s restructuring procedure, the transaction is field to a competitive bidding procedure and requires the approval of the united states chapter court docket for the District of Delaware and the Ontario superior court of Justice. Ciena expects hearings before those courts to approve bidding procedures, ruin-up charge and cost compensation may be held within the next several weeks, adopted by a bid length and a possible auction, with ultimate sale hearings to be held thereafter.

in the Europe, center East and Africa (EMEA) vicinity, Ciena has entered into an contract with the Joint administrators, on behalf of the Nortel EMEA entities collaborating within the transaction for which they have got been appointed, and where relevant, the transaction is subject to statutory guidance-sharing and consultation methods with the important worker representatives, as well as approval of the court docket in Israel.

The transaction is additionally subject to conventional closing situations, including receipt of necessary regulatory approvals.

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

additional info about this proposed transaction is purchasable in a kind 8-okay to be filed with the aid of Ciena nowadays and on Ciena’s web site at http://www.ciena.com.

live net Broadcast and Teleconference of dialogue

Ciena’s executives will host a dialogue of this news announcement with investors and financial analysts these days, Wednesday, October 7, 2009 at 8:30 am (eastern). The live broadcast of the dialogue may be purchasable by the use of Ciena’s web page at http://investor.ciena.com. The dialogue will even be teleconferenced and available globally by dialing +1 (719) 325-2370. Please use access code 1922497. A restricted variety of dial-in lines may be made attainable. To be sure your participation within the teleconference, please dial into the name center at the least 5 minutes just before the scheduled conference start time.

For these unable to participate within the live webcast/teleconference call, an automatic playback could be attainable from about 12:00 pm (japanese) on Wednesday, October 7, 2009 through hour of darkness (jap) on Thursday, October 8, 2009. To hearken to the replay at any time within the U.S. and Canada, dial: (888) 203-1112 and from international locations: +1 (719) 457-0820. Please use access code 1922497. An archived version of the dialogue will also be attainable presently following the conclusion of the are living broadcast on the Investor members of the family web page of Ciena’s web page at: http://investor.ciena.com.

About Ciena

Ciena makes a speciality of useful network transition. We present main network infrastructure solutions, clever software and a finished capabilities apply to assist our valued clientele use their networks to fundamentally trade the style they compete. With a global presence, Ciena leverages its heritage of functional innovation to convey highest efficiency and economic price in communications networks worldwide. We routinely post fresh news, economic results and different crucial announcements and information about Ciena on our site. For greater advice, visit www.ciena.com.

word to traders

forward-looking statements. This press free up contains definite ahead-searching statements in keeping with current expectations, forecasts and assumptions that contain dangers and uncertainties. forward-looking statements consist of statements concerning Ciena's expectations, beliefs, intentions or techniques related to the long run and might be identified through ahead-searching phrases similar to "anticipate," "accept as true with," "might," "estimate," "expect," "intend," "may additionally," "should," "will," and "would" or equivalent words. ahead-searching statements concerning the transaction described herein encompass, but aren't restrained to, statements concerning the advantages of the transaction, including future economic and working results, accretion to income per share coming up from the transaction, integration prices, the expected amount and timing of charge rate reductions and operating synergies, no matter if and when the transaction contemplated should be consummated, and the combined enterprise's plans, expectations, aims, and intentions. These statements are in response to assistance obtainable to Ciena as of the date hereof and genuine outcomes may differ materially from those brought up or implied. These statements are area to risks and uncertainties associated with Ciena’s business, which include the risk elements disclosed in Ciena’s form 10-Q filed with the SEC on September 3, 2009. dangers relating to the proposed transaction include, however don't seem to be constrained to: chapter and regulatory approvals may additionally no longer be got; the predicted benefits and synergies of the proposed transaction may additionally no longer be realized; the integration may well be materially delayed or can be extra costly or complex than anticipated; and the proposed transaction may additionally no longer be consummated. Ciena assumes no responsibility to update the information blanketed in this press liberate, whether because of new tips, future pursuits or otherwise.

920-504 Carrier Ethernet Operations

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920-504 exam Dumps Source : Carrier Ethernet Operations

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

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David M. “Hoot” Howe | killexams.com real questions and Pass4sure dumps

A get together of existence for David Michael “Hoot” Howe of Flippin, Arkansas, could be held at 11 a.m. Aug. 18 at Kirby and household Funeral home Chapel in Bull Shoals, Arkansas, with the Rev. Donnie Hudson officiating.

David handed away Aug. 4, 2016, in Mountain home, Arkansas, after an extended fight with progressive Supernuclear Palsy on the age of 71. He was 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 building employee that specialize in concrete flatwork. David was in the U.S. Navy. David enjoyed mountain climbing, natural world images, birding and touring. He additionally volunteered with the crimson pass, Bull Shoals White River State Park, Bull Shoals meals Pantry, in your price range Spay and Neuter clinic, and yuletide desire.

David is survived with the aid of his spouse, 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 became preceded in demise by his folks; brothers Jack, Hilary and Jude; and sister, Lois.

Memorials can be made to the Wyocena helping fingers or the Columbia County Humane Society.

preparations are by using Kirby and family unit Funeral and Cremation features. seek advice from a web obituary and guestbook at www.kirbyandfamily.com.

Pegasystems studies financial effects for Third Quarter and First 9 Months of 2012 | killexams.com real questions and Pass4sure dumps

CAMBRIDGE, MA--(Marketwire - Nov 8, 2012) - Pegasystems Inc. ( NASDAQ : PEGA ), the chief in company procedure management (BPM) and a leading company of client Relationship administration (CRM) options, nowadays announced fiscal consequences for the third quarter and first nine months of 2012. revenue for the third quarter of 2012 extended 6% compared to the third quarter of 2011. internet loss for the third quarter of 2012 become $(0.3) million, or $(0.01) per diluted share, compared to internet salary of $5 million, or $0.13 per diluted share, for the third quarter of 2011. profits for the first nine months of 2012 increased 5% to $317.9 million compared to the first 9 months of 2011. net profits for the primary nine months of 2012 was $1.5 million, or $0.04 per diluted share, in comparison to internet revenue of $12 million, or $0.31 per diluted share for the primary nine months of 2011.

  chosen fiscal effects                           Three Months Ended     nine Months Ended     September 30,     September 30, ($ in '000s)   2012     2011     2012   2011 complete profits   $ a hundred and one,657     $ ninety five,503     $ 317,880   $ 301,381 profits (loss) from operations   $ 401     $ (2,008 )   $ 3,636   $ 6,790 web (loss) earnings   $ (331 )   $ four,959     $ 1,459   $ eleven,963 (Loss) profits per share, simple   $ (0.01 )   $ 0.13     $ 0.04   $ 0.32 (Loss) income per share, diluted   $ (0.01 )   $ 0.13     $ 0.04   $ 0.31                              

business standpoint "despite economic headwinds, salary improved 12 months over year," mentioned Alan Trefler, Founder and CEO of Pegasystems. "We noticed first rate steadiness throughout our trade verticals, together with fiscal services, assurance, healthcare, communications & media, public sector, lifestyles sciences, and trip & hospitality. customers are adopting and increasing their Pega deployments on account of our product's unmatched potential to support our purchasers impulsively optimize the customer adventure and intelligently automate operations." 

"we're proud to have these enjoyable characteristics acknowledged during this quarter through independent business analysts. a leading analyst firm once once again highlighted Pega as main the newly up-to-date Magic Quadrant for intelligent enterprise process management (iBPMS), which emphasizes actual-world business consequences and the real-time agility that main businesses require. Pega's power in case management and dynamic analytics helped us to sustain our management during this market. We have been additionally named chief in treasury onboarding inside the fiscal functions house via an additional analyst firm all the way through the quarter. These analysts' opinions verify what our client success already demonstrates, that Pega empowers company americans to create and evolve their important company systems sooner and greater can charge quite simply than inflexible packaged purposes or laborious guide coding."

Craig Dynes, Pegasystems' CFO, commented, "After greater than six years at Pegasystems, I even have determined to go away the enterprise in 2013 following the filing of the kind 10K, ideally to work with a promising late stage inner most enterprise. It has been an enormous honor to be part of the sort of a success company that has greater than tripled annual revenue during the last 5 years in the face of one of the vital worst financial situations in fresh historical past. These financial circumstances have, very comparable to remaining yr, resulted in an extremely again-conclusion loaded year with purchasers appearing to prolong execution of big license agreements unless the end of their finances duration." Mr. Trefler concluded, "We deeply admire Craig's many contributions all over the ultimate six years of dramatic growth, hope him the optimal, and will be working diligently to find a helpful 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 advice is as follows: 1 (866) 393-1604 (domestic) or 1 (678) 809-1046 (international). To hearken to the Webcast log onto www.pega.com at least 5 minutes previous to the adventure's broadcast and click on the Webcast icon in the Investor family members area. A replay of the name will even be obtainable on www.pega.com in the Investor relations part Audio Archives hyperlink.

discussion of Non-GAAP Measures

To supplement economic consequences introduced in keeping with frequently permitted Accounting principles within the U.S., ("GAAP"), the company gives Non-GAAP measures, together with in this release. Pegasystems' administration makes use of a couple of distinct financial measures, both GAAP and Non-GAAP, in examining and assessing the typical performance of the company, for making operating decisions, and for forecasting and planning for future intervals. The company's annual financial plan is ready both on a GAAP and Non-GAAP groundwork, and both are approved with the aid of our board of administrators. moreover and as a result of the significance of those measures in managing the company, the business uses Non-GAAP measures and economic efficiency consequences within the evaluation technique to establish administration's compensation.

Story Continues

The Non-GAAP measures exclude amortization of intangible assets, inventory-primarily based compensation and relocation costs linked to the stream of our workplace headquarters. The business believes that these Non-GAAP measures are useful in figuring out our previous monetary performance and our anticipated future effects. These Non-GAAP fiscal measures are not intended to be considered in isolation or as an alternative to similar GAAP measures and should be study best along side our consolidated monetary statements organized in accordance with GAAP. A reconciliation of the business's GAAP to Non-GAAP measures is blanketed within the economic schedules at the conclusion of the release.

forward-searching StatementsCertain statements contained during this press liberate may well be construed as "ahead-searching statements" as defined in the deepest Securities Litigation Reform Act of 1995, together with these regarding our future economic efficiency, together with our salary, costs and license signings. The phrases "expect," "challenge," "expect," "plan," "intend," "agree with," "estimate," "may still", "goal," "forecast," "might," "preliminary," "tips" and similar expressions, amongst others, identify ahead-searching statements, which talk most effective as of the date the statement became made. These statements are in line with latest expectations and assumptions and contain numerous risks and uncertainties, which could trigger the company's genuine consequences to vary from those expressed in such ahead-looking statements. These dangers and uncertainties encompass, among others, model admired for our products and functions and the difficulty in predicting the completion of product acceptance and other factors affecting the timing of our license salary focus, the continuing uncertainty and volatility in the global economic markets involving the european sovereign debt crisis and the so known as "fiscal cliff" in the U.S., the continuing consolidation in the monetary services and healthcare markets, reliance on third celebration relationships, the competencies loss of seller certain goal facts for our professional capabilities, and administration of the enterprise's growth. further tips regarding these and different factors which may cause the business's exact consequences to vary materially from any forward-looking statements contained during this press release is contained within the business's Annual file on form 10-okay for the 12 months ended December 31, 2011, the enterprise's Quarterly report on form 10-Q for the quarterly period ended September 30, 2012 and different contemporary filings with the Securities and change commission. The forward-looking statements contained in this press release represent the company's views as of November eight, 2012. buyers are advised not to vicinity undue reliance on such forward-looking statements and there are no assurances that the concerns contained in such statements might be carried out. however subsequent routine could cause the enterprise's view to exchange, the enterprise does not undertake and principally disclaims any obligation to publicly replace or revise these ahead-looking statements no matter if because the result of new information, future activities or otherwise. The statements should still therefore not 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 insurance and Pegasystems movements

About Pegasystems Pegasystems revolutionizes how leading groups optimize customer experience and automate operations. Our patented build for change® know-how empowers business individuals to create and evolve their critical enterprise programs. Pegasystems is the identified leader in business method administration and is additionally ranked as a pacesetter in consumer relationship administration software via main industry analysts. For greater information, please talk over with us at www.pega.com. 

All emblems are the property of their respective owners.

The information contained in this press liberate isn't a dedication, promise, or criminal responsibility to carry any material, code or functionality. The development, unlock and timing of any features or performance described remains at the sole discretion of Pegasystems. Pegasystems notably disclaims any legal responsibility with appreciate to this suggestions.

    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   earnings:                                 software license   $ 28,575     $ 25,346     $ 95,517     $ 93,453   protection     32,317       29,971       97,657       85,713   professional capabilities     40,765       40,186       124,706       122,215     total revenue     101,657       95,503       317,880       301,381   cost of income:                                 can charge of utility license     1,585       1,637       4,763       4,942   cost of protection     three,745       2,980       11,072       9,614   cost of skilled capabilities     32,335       37,194       103,351       107,668     total can charge of income (1)     37,665       forty one,811       119,186       122,224   Gross profit     sixty three,992       fifty three,692       198,694       179,157   working fees:                                 selling and advertising     36,893       32,463       116,476       103,707   analysis and construction     19,506       16,218       57,411       forty seven,047   general and administrative     7,192       7,222       21,171       21,193   Acquisition-connected prices     --       --       --       482   Restructuring costs     --       (203 )     --       (62 )   total operating costs (1)     63,591       55,seven-hundred       195,058       172,367   revenue (loss) from operations     401       (2,008 )     three,636       6,790   overseas forex transaction profit (loss)     438       (1,049 )     337       one hundred forty   interest income, internet     113       102       318       279   other (fee) revenue, net     (920 )     504       (1,496 )     365   revenue (loss) earlier than provision (benefit) for salary taxes     32       (2,451 )     2,795       7,574   Provision (advantage) for earnings taxes     363       (7,410 )     1,336       (four,389 )   web (loss) revenue   $ (331 )   $ 4,959     $ 1,459     $ eleven,963   (Loss) income per share:                                 basic   $ (0.01 )   $ 0.13     $ 0.04     $ 0.32   Diluted   $ (0.01 )   $ 0.13     $ 0.04     $ 0.31   Weighted-usual number of general shares stunning:                                 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-primarily based compensation as follows:                                 cost of earnings     849       659       2,710       2,009   operating expenses     1,935       1,663       5,912       4,713                                                                                                         PEGASYSTEMS INC. RECONCILIATION OF selected GAAP TO NON-GAAP MEASURES (1) ($ in lots, apart from per share facts)                           Three Months Ended     9 Months Ended     September 30, 2012     September 30, 2012                               net (Loss) salary and Diluted EPS - GAAP groundwork   $ (331 )   $ (0.01 )   $ 1,459   $ 0.04                               Adjustment to exclude amortization of intangible property, web of tax     1,889       0.05       5,535     0.14                               Adjustment to exclude stock-based mostly compensation, net 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                                                             internet revenue and Diluted EPS - Non-GAAP basis   $ 5,074     $ 0.13     $ 17,312   $ 0.45                                                             Weighted-standard general shares - diluted GAAP     37,881               38,897                                     Weighted-standard regular shares - diluted Non-GAAP     38,833               38,897                                                                                                 PEGASYSTEMS INC. FOOTNOTES FOR RECONCILIATON OF chosen GAAP MEASURES TO NON-GAAP MEASURES  

(1) This presentation includes Non-GAAP measures. Our Non-GAAP measures aren't supposed to be considered in isolation or as an alternative choice to comparable GAAP measures, and should be study simplest in conjunction with our consolidated monetary statements prepared in response to GAAP. For an in depth rationalization of the alterations made to related GAAP measures, the reasons why administration makes use of these measures, the usefulness of these measures and the cloth obstacles on the usefulness of these measures see disclosure below dialogue of Non-GAAP Measures blanketed past in this unlock and beneath. Our Non-GAAP financial measures reflect changes based on the following gadgets, as well because the connected income tax outcomes:

Amortization of intangible assets: we've excluded the amortization fee of intangible property from our Non-GAAP working costs and net revenue measures. Amortization of intangible assets is inconsistent in amount and frequency and is tremendously affected by the timing and measurement of our acquisitions. buyers should word that the use of intangible assets contributed to our revenues earned all the way through the durations introduced and will make a contribution to our future length revenues as smartly. Amortization of intangible assets will recur in future intervals.

inventory-based compensation expenses: we have excluded stock-based compensation price from our Non-GAAP working fees and internet revenue measures. despite the fact stock-based mostly compensation is a key incentive offered to our personnel, and we accept as true with such compensation contributed to the revenues earned all through the periods introduced and that it's going to contribute to the generation of future length revenues, we proceed to consider our company performance excluding inventory-primarily based compensation price.

Headquarters relocation charges: We achieved the flow of our office headquarters in the third quarter of 2012. as a result of this deliberate movement, we accelerated the depreciation on certain leasehold advancements and furniture and fixtures to be deserted from our prior headquarters. We recorded incremental depreciation rate of $0.1 million and $0.4 million right through the third quarter and first nine months of 2012, respectively. furthermore, we recorded hire rate of $1.four million and $four.4 million associated with our new workplace headquarters right through the third quarter and first nine months of 2012, respectively. finally, we incurred approximately $0.9 million and $2.2 million for appoint-related and equipment charges and different moving prices in connection with our circulation during the third quarter and first 9 months of 2012, respectively. We trust these incremental prices for present and new workplace headquarters because of our relocating our headquarters isn't representative of our ongoing enterprise.

Taxes: The transformations between our GAAP and Non-GAAP helpful tax prices within the third quarter and first 9 months of 2012 were essentially because of the impact of larger Non-GAAP earnings earlier than taxes.

Weighted-regular commonplace shares: The diluted weighted-average standard shares used for the calculation of Non-GAAP diluted income per share for the third quarter of 2012 comprises the dilutive impact of striking alternatives, restricted stock units, and warrants, and the usual market cost of our average stock during the relevant period the usage of the treasury inventory formula.

    PEGASYSTEMS INC. Unaudited Condensed Consolidated stability Sheets       As of   As of     September 30,2012   December 31,2011 belongings             latest belongings:               cash and cash equivalents   $ 66,237   $ 60,353   Marketable securities     45,092     51,079     complete money, cash equivalents, and marketable securities     111,329     111,432   exchange money owed receivable, net of allowance     eighty,849     ninety eight,293   Deferred income taxes     9,823     9,826   profits taxes receivable     10,776     7,545   other latest belongings     6,276     4,865       total present assets     219,053     231,961 Property and equipment, internet     31,285     14,458 long-time period deferred revenue taxes     forty three,835     forty three,286 long-term different assets     1,767     2,186 Intangible assets, net     61,009     69,369 Goodwill     20,451     20,451       total assets   $ 377,400   $ 381,711 LIABILITIES AND STOCKHOLDERS'fairness             existing liabilities:               bills payable   $ 4,548   $ 10,899   accumulated fees     17,311     18,336   accrued compensation and linked charges     26,779     39,a hundred and seventy   Deferred profits     seventy four,784     seventy three,840       total latest liabilities     123,422     142,245 income taxes payable     9,113     9,547 lengthy-term deferred profits     17,423     15,367 other lengthy-time period liabilities     14,394     5,796       complete liabilities     164,352     172,955 Stockholders' equity:     213,048     208,756       total liabilities and stockholders' equity   $ 377,400   $ 381,711                                           PEGASYSTEMS INC.   Unaudited Condensed Consolidated Statements of cash Flows           9 Months Ended       September 30,       2012     2011       (in hundreds)   working activities:                   web earnings   $ 1,459     $ eleven,963     adjustments to reconcile web earnings to cash utilized in working activities:                   extra tax benefit from equity awards and deferred earnings taxes     (three,672 )     (5,536 )   Depreciation, amortization, and different non-cash gadgets     18,590       13,176     stock-based mostly compensation cost     8,622       6,722     foreign currency transaction loss     785       624     change in working belongings and liabilities, and other, net     3,300       (7,302 )   cash offered through working activities     29,084       19,647     money utilized in investing activities     (sixteen,746 )     (36,011 )   money used in financing activities     (7,050 )     (3,521 ) impact of trade cost alterations on cash and cash equivalents     596       361   internet enhance (lessen) in money and cash equivalents     5,884       (19,524 ) money and cash equivalents, beginning of period     60,353       seventy one,127   cash and cash equivalents, conclusion of length   $ 66,237     $ 51,603  

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


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