Xerox

Xerox Reports Fourth-Quarter 2008 Results

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NORWALK, Conn., Jan. 23, 2009 – Xerox Corporation (NYSE: XRX) announced today fourth-quarter 2008 financial performance that, including previously disclosed restructuring charges, resulted in break-even earnings per share and adjusted earnings per share of 30 cents. Adjustments include a restructuring charge of 27 cents per share as well as an equipment write-off of 3 cents per share.

The company’s full-year 2008 net income was $230 million, including a previously announced litigation charge. Excluding charges, adjusted net income was $985 million for the year. Total revenue was $17.6 billion, a 2 percent increase from fullyear 2007. The company generated $939 million of operating cash flow. Adjusted core cash flow for the year was $1.7 billion.

“In the fourth quarter, the continued weakening economy and rapid shift in exchange rates put pressure on the business,” said Anne Mulcahy, chairman and chief executive officer. “Despite this challenging marketplace, we delivered $265 million in adjusted net income for the quarter and $985 million for the year.” continue reading...

Survey Finds Office Workers Need Easier-to-Use Printers and MFPs

Submitted by Webmaster on Thu, 01/15/2009 - 07:22
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from Xerox

xerox solid ink toner If you work in an office, chances are you don’t change the copier or printer cartridge because it’s too messy or you just don’t know how to do it. That’s according to a new Zogby survey, commissioned by Xerox, of more than 2,000 office workers across the U.S. aimed to better understand some of the reasons behind office printing habits.

Of those surveyed, more than 1,000 respondents said they have experienced a mess when changing a printer/copier toner cartridge.

The mess, plus a lack of knowledge on how to change a printer cartridge, is why more than 10 percent of respondents typically put off printing until someone else changes the toner cartridges. continue reading...

Heavy Chemistry helps Xerox Scientist Reach Patent Milestone

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TORONTO, Jan. 13, 2009  -- Many scientists claim to have 'eureka' moments, but rarely at the age of 12. However that's when Xerox Corporation (NYSE: XRX) scientist Peter Kazmaier first felt the thrill of creating new molecular structures - while using his first chemistry set. This fall, Kazmaier experienced another thrill from the scientific community: the receipt of his 100th U.S. patent, a rare achievement that puts him among the ranks of Xerox's most inventive scientists, and only the fifth Canadian scientist at Xerox to accomplish this feat.

His 100th patent, No. 7,432,027 is entitled "Dual-layer protected transient document." It is a member of a patent portfolio that describes ground breaking materials that enable paper that can be re-imaged time and time again. Manager of the New Materials Design group at the Xerox Research Centre of Canada, Kazmaier has been with Xerox since 1979, when he joined the company as a member of the research staff to work on the design and synthesis of novel infrared organic photoreceptor pigments. continue reading...

Most Office Workers Say Printing in Color is a Luxury

Submitted by Webmaster on Tue, 01/13/2009 - 07:23
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ROCHESTER, N.Y., Jan. 13, 2009  -- Because of a long-held perception that color printing is expensive, most office workers think using a color printer for routine office documents is a luxury. That's according to a new survey about office worker print behaviors conducted by Zogby and commissioned by Xerox.

In addition, the overwhelming majority said they'd print in color if it cost the same as black and white printing.

That's possible with Xerox's Phaser 8860 solid ink printer and MFP, which lets customers print color guilt-free for the same price as their black and white printing. In addition to providing high-quality, vibrant prints, these products are extremely easy to use - no bulky, messy toner cartridges to change - and produce 90 percent less waste than traditional color laser printers. continue reading...

Massachusetts Printer Installs First Xerox Color Continuous Feed Printing System in North America

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SOMERVILLE, Mass. and ROCHESTER, N.Y., Jan. 12, 2009  -- Massachusetts printer Ames On-Demand is making publishing history in North America. It will be the first company to provide its customers with the fastest and most advanced toner-based, full-color, high-speed continuous feed technology available today.

Ames, which prints textbooks, lab manuals and other books for higher education publishers, will now benefit from the innovative flash-fusing technology on its newly installed Xerox Corporation (NYSE: XRX) 980 Color Continuous Feed Printing System. Flash-fusing is a process that only heats the toner not the paper. It does not use pressure rollers or make contact with the paper, allowing the device to print on a wide array of paper stocks and specialty media. continue reading...

Xerox DocuShare Express Brings Enterprise-Class Document Management To SMBs

Submitted by Webmaster on Tue, 12/30/2008 - 07:19
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From BLI

December 30, 2008 - For small and medium-sized businesses (SMBs) with limited resources, being able to store and then retrieve a needed document manually can be a time-consuming task that lowers productivity and ultimately costs money. Xerox’s DocuShare Express document management software can help automate the process. Based on the company’s popular DocuShare platform, the solution is tailored exclusively for the SMB market to help manage critical business documents easily and affordably.

For starters, Xerox stripped out the deployment complexity of its enterprise-class offering. DocuShare Express features an automated Quick Install Wizard to help business owners get up and running quickly, as opposed to the dozen or so configuration screens required to set up the solution properly. The company also made DocuShare Express more affordable: $1,800 for 10 full-access users plus 10 read-only seats, which is about half the cost of a comparable DocuShare deployment. continue reading...

Xerox Secures Spot on Buffalo Bills Line Up

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ROCHESTER, N.Y., Dec. 22, 2008  -- The Buffalo Bills have renewed a multi-million dollar contract naming Xerox Corporation (NYSE: XRX) its preferred print services provider overseeing the football team's office settings and print production center.

The Buffalo Bills rely on Xerox's expertise to maximize productivity at Ralph Wilson Stadium in Buffalo, N.Y. The organization uses the latest Xerox color multifunction printers (MFPs) such as the WorkCentre™ 7665, which lets employees print, copy, scan and fax all from a stand-alone device. The WorkCentre 7665 produces color prints at up to 50-ppm and black and white pages at up to 65-ppm. continue reading...

Xerox Leads Worldwide Market Share in Managed Print Services

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ROCHESTER, N.Y., Dec. 18, 2008  -- According to a new report from Gartner, Inc., Xerox Corporation (NYSE: XRX) ranked as the worldwide market share leader in Managed Print Services (MPS) based on revenue. Xerox believes this data further validates its approach to provide services and solutions that deliver business value1.

Xerox/Fuji Xerox captured 53 percent of MPS revenues worldwide in 2007; and in North America alone, Xerox accounts for 56 percent of the MPS market. continue reading...

Security in the Office

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Security in the Office In today’s office, multifunction devices can print, copy, scan to network destinations, send email attachments, and handle incoming and outgoing fax transmissions. If everyone has access to your multifunction printer, that means just about anyone can launch attacks against the network and network resources ranging from simple (picking up documents left in the output tray) to complex (distributing documents over the network or accessing confidential information).

Xerox is committed to helping you secure your environment and achieve your regulatory compliance objectives through systems, software and services designed to provide security that assures the confidentiality, integrity and availability of critical document and network assets. continue reading...

Security and the Federal Government

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Security and the Federal Government The Challenge:
Federal government policy requires that all networked devices used in national security systems meet specific information assurance goals including strict levels of integrity, confidentiality, and availability for systems and data, accountability at the individual level, and assurance that all security claims are objectively verified.

The Solution:
Common Criteria Certification, administered by the National Information Assurance Partnership (NIAP). This is a rigorous process that includes the testing of devices against security requirements by accredited, third-party laboratories.

The Xerox Advantage:
In addition to delivering exceptionally well-architected and highly productive devices into the office environment, Xerox has received Common Criteria Certification for the WorkCentre M35/M45/M55 and WorkCentre Pro 35/45/55. As part of the certification process, the security of the embedded fax function of these devices was also validated. No other multifunction device manufacturer has obtained third party assurance that fax and network lines are separated. continue reading...

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