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- A review of Lexmark and Perceptive Software's significant news over the past quarter, including corporate news, contract wins, product introductions and industry recognition

LEXINGTON, Ky., March 1, 2012 /PRNewswire/-- News Facts

Corporate News and Recognition

Lexmark performed well in 2011 in the midst of a challenging economic environment around the world. The company continued solid execution of its strategic initiatives throughout the year, focusing intently on bringing greater productivity to business customers through innovative technology and a rapidly growing software and managed print services (MPS) business. Lexmark was recently positioned a leader in MPS by leading IT market research and advisory firm IDC. 

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Lexmark also began 2012 with numerous accolades for its leadership in corporate social responsibility and commitment to global citizenship, both of which continue to be high priorities for the company.

Customer News

Lexmark's MPS revenue grew in excess of 25 percent in 2011 – an estimated two to three times the market – a strong testament to the company's industry-leading services offerings. A multi-year, multimillion dollar MPS win extending Lexmark's services with Anheuser-Busch into North America highlights the company's ability to provide a broad range of capabilities and execute with high standards across the globe.

Additionally, Perceptive Software closed on numerous customer agreements, reflecting the company's domestic and international expansion in this high growth market.

  • Lexmark signed a five-year agreement with Anheuser-Busch to provide world-class MPS, deploy a standardized fleet of innovative printers and MFPs, and improve business processes for the leading American brewer. The agreement scope spans Anheuser-Busch locations across the U.S., including corporate offices and breweries, as well as Labatt Brewing Company locations in Canada.
  • Perceptive Software recently won multiple new international customers, gaining footprints with major organizations in the healthcare, education, financial services, technology, manufacturing and distribution sectors in the United Kingdom, France, the Netherlands, Germany, Brazil, Colombia and South Africa.
  • Continuing the company's momentum in the healthcare sector, Perceptive Software also won several more customers, including France-based Vitalite Health Network Pharmacies. Perceptive Software continues to expand its higher education customer base, having signed several new U.S. colleges that will integrate ImageNow with their Datatel Colleague student information systems.

Products, Software, Solutions and Services News

Lexmark and Perceptive Software enhanced their offerings over the last few months with product and software introductions that bring greater productivity and heightened performance to a range of businesses – from SMBs to the largest of enterprises. Lexmark's continued investment in these high-value offerings is helping to strongly position the company's core business for growth.

  • Bringing high-quality color printing and workgroup reliability to a larger base of business customers, Lexmark introduced its robust, high-performing OfficeEdge Series of multifunction products (MFPs) in January. Built upon a new enterprise-caliber business inkjet platform, the Lexmark Pro5500 and Pro4000 color MFPs deliver the long-lasting, reliable performance of a laser with the color quality and affordability of an inkjet.
  • Perceptive Software announced the general availability of its Perceptive Reflect process mining and visualization product, which allows users to quickly visualize how applications and people are working in the business environment, and most importantly, identify resource-wasting process breakdowns. By performing historical workflow visualization and analysis inside of Perceptive Software's products and other applications, Perceptive Reflect can pinpoint bottlenecks and improve process transparency to support continuous process improvement.
  • Lexmark previewed its new mobile workflows app at the recent HIMSS conference in Las Vegas. The app enables rapid creation of custom mobile workflow solutions that simplify business processes in healthcare as well as other industries. Lexmark's solution allows business users to easily create custom workflows – such as clinical photo capture, incident reporting or travel and expense processing – and rapidly share them with employees via the mobile workflows app for smartphones and tablets.
  • Lexmark enhanced its offerings for the public sector by combining the power of its award-winning MFP technology with Perceptive Software's ImageNow enterprise content management (ECM) software. The Public Assistance Intake and Recertification Solution works with existing case management systems to simplify any document-driven process, enhancing constituent service and increasing staff productivity.

Supporting Resources

About Lexmark

Lexmark International, Inc. (NYSE: LXK) provides businesses of all sizes with a broad range of printing and imaging products, software, solutions and services that help customers to print less and save more. Perceptive Software, a stand-alone software business within Lexmark, is a leading provider of process and content management software that helps organizations fuel greater operational efficiency. In 2011, Lexmark sold products in more than 170 countries and reported more than $4 billion in revenue.

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[1] IDC MarketScape, Worldwide Managed Print Services 2011 Hardcopy Vendor Analysis, doc # 232135, December 2011.

SOURCE Lexmark International, Inc.

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