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Platform-unbiased storage- and archiving solution iCAS from iTernity presents flexible and secure data archiving with Symantec enterprise Vault
Freiburg, November 22, 2010. iTernity’s storage and archiving solution iCAS now integrates with the e mail- and content-archiving gadget Symantec business Vault 9.0. iCAS is already licensed with the predecessor, commercial enterprise Vault eight.0. within the scope of their know-how partnership, iTernity and Symantec verified the smooth integration of each functions. huge interoperability assessments had been Run during the certification manner.
"enterprise Vault empowers valued clientele to archive their business counsel for future storage while featuring short and straightforward access for criminal, compliance or regulatory requests," says Simon Jelley, Sr. Director of Product administration for enterprise Vault, Symantec. "via together with a connector to storage options fondness iCAS from iTernity, they present their purchasers a effective option for tamper-proof archiving of unstructured information throughout the firm, assisting them to in the reduction of fees, lower compliance hazards and efficaciously find recommendation in spite of where it resides."
The combination of both products allows clients to live legally compliant when archiving full their emails, contents and file systems on customary storage arrays. The iCAS software furthermore helps in the usage of storage efficiently on account of the simple integration in present storage environments and the possibility to get employ of prolonged volume for compliant archiving.
„The conjunction of each solutions allows for archiving and insurance contrivance of company apposite statistics, for corporations of any dimension. through their partnership with Symantec they serve the users’ necessity for a seamlessly integrated archiving storage solution. They accept as real with that iCAS offers essentially the most flexible and greatest storage reply for enterprise Vault– inspite of the underlying hardware and even in virtualized environments,“ says Ralf Steinemann, iTernity’s company structure manager.
iCAS is a flexible, platform-independent and utility-independent archiving storage answer. Delivered pre-installed and pre-configured, it effectively integrates into any latest community. existing NAS or SAN methods can live used as the archiving storage, giving the client a immoderate funding insurance plan. combined with the archiving and eDiscovery functions of Symantec enterprise Vault, the consumer receives a magnificent kit solution that complies with the felony necessities for electronic archiving and compliance for the records lifecycle.
Symantec and the Symantec emblem are emblems or registered trademarks of Symantec organisation or its affiliates in the U.S. and other nations. other trademarks could live trademarks of their respective house ownersiCAS:
The iCAS storage and archiving reply is a supplier-impartial middleware for the legally compliant long term archiving of facts from DMS and ECM systems. The solution’s end is optimum records insurance contrivance from records manipulation and records destruction and for this reason archiving conforming to the legislations.
iCAS is developed through the iTernity GmbH, headquartered in Freiburg, Germany. The iCAS solution is dispensed by artery of a variety of channel partners. The shut cooperation with notable know-how, storage and integration partners ensures best, flexibility and economic system of the archiving tasks.
iCAS users are organizations from full kinds of enterprise sectors and sizes, including associations, hospitals and public administrations from different areas.iTernity GmbH Ralf Steinemann Bötzingerstraße 60 D-79111 Freiburg cell: 0761 / 4514-740 Fax: 0761 / 4514-759 firstname.lastname@example.org www.iternity.com
HERNDON, Va.--(business WIRE)--DLT options, a number one price-brought reseller in government suggestions know-how (IT) hardware, software and features, nowadays announced the launch of its fresh cloud-hosted, deepest e-mail archiving solution, Symantec enterprise Vault for Amazon web functions (AWS). Architected by means of DLT solutions, the reply brings collectively Symantec’s award-winning, commercial enterprise Vault and the FedRAMP Compliant Amazon web functions (AWS) Cloud.
Symantec enterprise Vault, the trade leader in archiving, makes it viable for govt agencies to effectively shop, easily manipulate and simply find and retrieve unstructured information as necessary. A pilot program from DLT solutions is purchasable for fresh users that contain an interest in imposing the solution inside their environments. With Symantec commercial enterprise Vault for AWS, public sector groups can leverage an on-demand, elastic, scalable, and entirely-configured environment for archiving of their unstructured data and correspondence.
DLT options is uniquely positioned to present this solution by offering customers with conclusion-to-end birth and aid for both Symantec and AWS solutions and features.
“Symantec enterprise Vault for AWS allows for public sector groups to leverage a FedRAMP compliant cloud service company to host their e mail archiving platform,” defined David Blankenhorn, vp of engineering and chief cloud technologist at DLT solutions. “Managing e mail is one of the critical points that each agency must accept as real with when laying out their tips governance groundwork. An agency’s electronic mail management approach impacts stakeholders across the total corporation, from legal, FOIA, records management and IT, to the company’s unbiased inside investigators.”
With Symantec commercial enterprise Vault for AWS, public sector shoppers benefit more advantageous manage over the administration of electronic mail for statistics management, electronic discovery, and license of recommendation Act (FOIA) functions, in addition to featuring the means to hastily respond to congressional inquiries.
Symantec enterprise Vault for AWS merits encompass:
DLT options, Symantec’s biggest federal accomplice, turned into recently named a Symantec Platinum partner with knowledgeable expertise in Archiving, Endpoint safety and business Backup & restoration. moreover, DLT options become named an AWS Premier Consulting companion terminal December. DLT options is a platinum sponsor of the 2015 Symantec executive Symposium being held April 15, 2015 at the Walter E. Washington conference middle, Washington, D.C.
in case your corporation is attracted to taking fragment in a Pilot software for brand fresh users, and would fondness to leverage their commercial enterprise Vault for Amazon net capabilities providing, gladden contact the DLT solutions Symantec group at 888-223-7083 or e-mail us at email@example.com.
About Symantec enterprise Vault
Symantec business Vault is a fragment of Symantec’s assistance administration portfolio in order to develop into fragment of a new, independent enterprise, Veritas technologies enterprise, when the up to now introduced separation is completed at the conclusion of calendar yr 2015.
About DLT options
For greater than twenty years, DLT solutions has been the IT utility and options provider of option for federal, state, local govt and training customers. through hand picking out its brand partners including Amazon web features, Autodesk, Google, NetApp, Oracle, Dell application, pink Hat, Solarwinds and Symantec, DLT fulfills its mission to live a price-introduced reseller of handiest the choicest software and hardware products and features, as well as a premier provider of technical support, via its many govt contracts. The business specializes in carefully-chosen reply areas — Cloud Computing, information hub Consolidation, Geospatial information methods and computer-Aided Design for Utilities and Manufacturing. For more tips or to location an order, contact DLT options at 800-262-4358; e mail firstname.lastname@example.org; or visit www.dlt.com. additionally, on LinkedIn and Twitter (@DLTSolutions).
LAS VEGAS -- Symantec Corp. these days delivered policy-based mostly safety as well as a hosted cloud providing and back for convivial media to its enterprise Vault statistics archiving application.
With commercial enterprise Vault 10, Symantec switched to a scholarship classification module according to its policy-based mostly information loss prevention (DLP) expertise to aid valued clientele steer clear of records from leaking outdoor the company. The statistics classification module is used to tag categorised records and determine how long to preserve it privilege through records archiving for guidance governance, e-mail storage administration and e-mail e-discovery.
policy-based safety is in keeping with presenting the identity of authorized users and granting diverse stages of entry for users.
Symantec launched enterprise Vault 10 during the 2nd day of its vision 2011 person conference. Symantec is a legacy security supplier that acquired backup and storage administration seller Veritas utility in 2005.given that the acquisition, Symantec has introduced some protection to its storage items but has in most cases kept its storage and protection items separate.
“this is an instance of Symantec doing integration between storage and security,” referred to Sheila Childs, research director in Gartner’s Storage thoughts and technologies neighborhood. “business Vault 10 has an information classification module in response to the facts loss prevention code.”
commercial enterprise Vault 10 helps fb, Twitter and LinkedIn via integrated third-party items from Actiance, CommonDesk and Socialware. The product up to now supported electronic mail, SharePoint and quick message archiving.
facts archiving utility to the cloud
As with the latest version of its Backup Exec software launched Monday, Symantec has added a cloud aspect to business Vault. EnterpriseVault.cloud is a hosted public cloud providing with out a hardware, application or plug-ins to install and retain on the customer website.
Amit Walia, Symantec's vice chairman for product management, mentioned the business is the usage of an oem associate to archive the statistics and Symantec has establish its business Vault.cloud brand on it. enterprise Vault.cloud is a software as a service (SaaS) offering through which an agent is positioned on a client’s server archive information by artery of the web.
Symantec mentioned it'll encrypt data in transit and at rest, and promises speedy search for EnterpriseVault.cloud.
“Symantec necessary a solution privilege here,” Gartner's Childs observed. “they are going to get loads of uproar here and it will supply them a much bigger presence in this market than they prior to now had.”
business Vault.cloud is focused for small- to medium-sized businesses (SMBs) and can live utilized in far flung offices for the midmarket. It could live in beta this summer time and launch in the fall.
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Microsoft Azure will finally become a native storage target for users of Backup Exec and NetBackup, which are among the most widely used data protection and DR software offerings. Veritas, the maker of the two backup and recovery suites, this week announced Azure as a target planned for fresh releases scheduled for next quarter. Moreover, Veritas said it will present usage-based pricing in addition to the current subscription and perpetual licenses now offered with both Backup Exec and NetBackup.
The long-awaited native Azure connectivity was just one in a pepper of fresh offerings as the company looks to extend its core storage software offerings into a broader orbit of information management and governance tools now that Veritas is no longer a fragment of security vendor Symantec.
Nearly a year since Symantec sold Veritas off to private equity solid Carlyle Group, the company this week held its first Veritas Vision conference since 2004, when the security giant acquired it for $13.5 billion. At the time, the companies argued that backup and recovery and DR are key components of data security. But cultures clashed followed by many years of turmoil at Symantec, which took a toll on the Veritas business, though it remains a leading supplier of data protection software.
Veritas has remained largely taciturn in recent years, though the company kicked off the conference with a new, more aggressive attitude. Putting its stake in the ground, company officials reminded customers that it's a pure software provider that intends to, among other things, reduce customers' dependency on expensive storage hardware.
To get its fresh attitude clear, the company came out swinging at Dell and its newly acquired EMC and controlling stake in VMware. Veritas ran a full page ad in The Wall Street Journal with the headline: "What's Worse Than a Life of Hardware with EMC? An Eternity with Dell." Company officials talked up the ad, and distributed the newspaper after the keynote. Throughout the event, Veritas took level at Dell, EMC and VMware, saying the latter was proprietary software designed to lock them into hardware.
Mike Palmer, Veritas' senior VP for data insights and orchestration solutions, sees that as an occasion for customers and a clear target of its efforts.
"I reflect we're starting to descry the nearby of VMware run," Palmer said in an interview during this week's conference. "We're seeing customers looking for alternatives to their VMware environments. And that is fueling an adoption of containers as the next solution, if you will, to give them the identical sort of hardware value that VMware did, that they are looking for some service augmentation."
With the company's focus on extending its core backup and recovery software and its Enterprise Vault Archive (EVA) platform, used for archiving Exchange and now Office 365 data, Veritas is reading a number of fresh offerings that'll present full information discovery and present more scalability to emerging emerging hybrid cloud architectures. Among some fresh wares in the works:
Analysts said the company has created a tough roadmap built off its core strengths. "For them to advance out and expose that they're going to contain an knowing data management platform and that platform is going to enable both the data management and governance side but finish it by actually increasing the availability of the lower tiers, I reflect is really smart. It's very aspirational," said Enterprise Strategy Group Analyst Jason Buffington.
Nevertheless, Veritas remains most synonymous with its bread and butter data protection software. Indeed, Backup Exec is among the more widely used platforms for backing up data running on Windows and Windows Server, especially Exchange, SharePoint and SQL Server as well as file servers. For larger enterprise environments, NetBackup is designed to protect larger systems that are operating system and virtual machine independent. Among Veritas' key rivals, Acronis, CommVault and Veeam are offering connectivity to Azure as well as Amazon Web Services (AWS) S3 storage. Veritas extended back to AWS and Google Cloud Platform earlier this year. Connectors to Azure storage will advance in Backup Exec 16 and NetBackup 8.0 in the fourth quarter. The fresh releases will furthermore comprise connectors to private clouds based on Red Hat's OpenStack distribution.
Veritas has built the fresh cloud connectors based on what it calls its Open Storage Technology (or OST), used across its entire data protection portfolio including its Enterprise Vault Archive (EVA) platform, used for archiving Exchange and now Office 365 data, among other content. "OST is an open benchmark in terms of how vendors can plug in to us," said Simon Jelley, VP of backup and recovery product management at Veritas, in an interview during the conference this week. "It enables not just their talent to drudgery with any storage vendor to ensure the certification, support, compatibility and guaranteed performance between us but it furthermore ensures that any data that moves to a storage target, live it a cloud, disk or tape target, that they soundless catalog and track the copies of that data."
Veritas executives expressed aplomb in the company's fresh roadmap. "Your information is your most significant asset, but you really can't harness the power of it today," said Veritas CEO Bill Coleman during the conference's opening keynote session this week. "Data is exploding. It's everywhere, it's redundant, it's difficult to access and the costs are going through the roof. And if you don't learn how to access that data and your competitors do, they're going to win. They can assist you ascertain the real value of your data. They want to give information to you that you need, to map out your own digital transformation."
Posted by Jeffrey Schwartz on 09/16/2016 at 2:39 PM
Microsoft typically chooses the week of IBM's annual Notes/Domino confab to let IT shops know about the Exchange migration tools it offers to assist migrate over to the latest version of Exchange Server.
This year is no different, as Microsoft this week released an updated version of its Transporter Suite for Lotus Domino as one artery to drag to Exchange Server,Office SharePoint Server and the Office Suite, and off of Notes and Domino.
Microsoft has improved the Transporter tools' talent to scale up from tens of thousands of users to hundreds of thousands of nearby users, said Clint Patterson, a director in the unified communications group at Microsoft. Patterson said the tools were field tested in an organization with 200,000 employees.
IT shops contain never taken lightly the assignment of migrating from one messaging platform to another. There is a lot to consider, including whether or not it makes sense to undertake a migration at full and, instead, just get a wholesale drag without running both platforms at the identical time.
Many experts harmonize that at this point, both Domino and Exchange are tough and seasoned. There are reasons to abide and reasons to drag off of both, and it usually has nothing to finish with product quality.
A typical reason to migrate may live because one company buys another and the IT shop doesn't want to back multiple messaging systems, said stamp Levitt, an analyst at IDC, a Framingham, Mass.-based consulting firm.
IT shops furthermore contain to consider integration with line of business applications and how advanced its user ground is in terms of using collaborative tools, because those tools will converge at some point, Levitt said.
"It's the home grown and third-party applications with the hooks, and the users that depend on them," he said. "And with antivirus and anti-spam, at least a portion of that will contain to live changed out, which increases the complexity and cost of the situation."
Some customers seem to contain at least the perception that Outlook is easier to employ than Notes, though there are only petite differences between the two, Levitt said.
One IT expert seconded that motion based on his current messaging migration project. Steven Music, a senior Domino administrator who is currently switching a federal government agency from Domino to Exchange Server 2007, said the agency is leaving Domino because executives at the agency said they believe there are inescapable benefits to using Exchange. These benefits may only live perceived benefits, according to Music.
The gist of the problem is that business managers sometimes said they believe that Notes and Domino are so packed full of features that it intimidates nearby users. nearby users are already accustomed to Microsoft Outlook. "But Outlook 2007 is as feature loaded as, maybe not [Domino 8.0], but at least version 6.0 or 7.0," Music said.
Music said he won't actually migrate from Domino to Exchange Server and endure the pang of coexisting messaging platforms. Rather, he will store the Domino data in Symantec Corp.'s Enterprise Vault.
"We will crawl the data and incorporate it into a vault," he said. "We will gyrate on journaling, capturing stuff as it comes in and having historical stuff as it exists. When nearby users fade home they will live on Domino, when they advance in on Monday they will live on Outlook."
AUSTIN, TX--(Marketwired - Apr 26, 2016) - energetic Power ( NASDAQ : ACPW ), a manufacturer of flywheel energy storage products and modular infrastructure solutions (MIS) for mission critical and renewable applications worldwide, reported results for the first quarter ended March 31, 2016.
First Quarter 2016 financial ResultsRevenue in the first quarter of 2016 was $5.7 million compared to $13.1 million in the year-ago epoch and $12.5 million in the previous quarter. The dwindle in revenue from both periods is due to lower product and service sales.
Gross margin in the first quarter of 2016 was 14% compared to 33% in the year-ago epoch and 25% in the previous quarter. The dwindle in flagrant margin from both periods is primarily related to under absorption of fixed overhead costs in manufacturing against substantially lower product revenues and a decline in the volume of service revenue which traditionally has higher margins.
Operating expenses in the first quarter of 2016 were $4.7 million, a 18% reduction as compared to $5.8 million in the year-ago period, and a decline of 20% or $5.9 million in the previous quarter. The decreases were primarily due to lower payroll expense, lower commissions and management's focus on disciplined spending.
Net loss in the first quarter of 2016 was $4.1 million or $(0.18) per participate compared to a net loss of $1.6 million or $(0.07) per participate in the year-ago epoch and a net loss of $2.9 million or $(0.13) per participate in the previous quarter. The increase in net loss from both periods is primarily due to lower revenue in the first quarter of 2016, partially offset by reduced expense levels.
Adjusted EBITDA in the first quarter of 2016 was a loss of $3.4 million compared to a loss of $864,000 in the year-ago epoch and a loss of $2.2 million in the previous quarter. The dwindle in adjusted EBITDA from both periods is primarily due to lower revenues resulting in a higher net loss in the first quarter of 2016.
Cash and cash equivalents totaled $11.2 million at March 31, 2016, compared to $12.3 million at December 31, 2015. A reduction in accounts receivable balances partially mitigated the cash employ from the net loss.
Bookings and Backlog Bookings in the first quarter of 2016 were $10.0 million compared to bookings of $19.2 million in the year-ago epoch and $8.0 million in the previous quarter. First quarter orders of $10.0 million results in a book-to-bill ratio of 1.77. The dollar amount of backlog was approximately $35.1 million at March 31, 2016. Of the total backlog at March 31, 2016, approximately $9.6 million is not expected to live filled in the following 12 months which includes both long-term service contracts and UPS product orders. Bookings amounts delineate anticipated revenue from product orders received during the epoch that are believed to live solid and from signed contracts for service work. Backlog represents the amount of anticipated revenue from prior bookings at the nearby of the period. gladden advert to the Supplemental Information following the Condensed Consolidated poise Sheets for more detail regarding bookings.
Management Commentary "As they anticipated given the low bookings in the fourth quarter, the first quarter was challenging as product revenue declined significantly," said stamp A. Ascolese, president and CEO, of energetic Power. "We believe these results reflect a number of external factors including customer deferment in capital spending and schedule changes to suspend delivery due in fragment to a persistent sluggish economy. Despite these conditions, they improved bookings by 25 percent and backlog by 14 percent while reducing expenses by 24 percent compared to the previous quarter."
"We remain committed to their priorities of increasing bookings and backlog and continued improvements in operational efficiencies and expense management as they drag through 2016. Feedback from field sales indicates their total cost of ownership proposition has become even more compelling in this cost conscious environment."
Conference muster and Webcast energetic Power will host a conference muster today, Tuesday, April 26, 2016, at 8:30 a.m. (ET) to discuss its first quarter 2016 results. Interested parties can dial into the conference muster at the time of the event at (412) 317-6789.
For parties wanting to listen live via the web, a webcast button is located on energetic Power's investor relations website at http://ir.activepower.com. A replay of the webcast will live available via energetic Power's investor relations website.
About energetic Power energetic Power ( NASDAQ : ACPW ) designs and manufactures flywheel uninterruptible power supply (UPS) systems, modular infrastructure solutions (MIS), and energy storage products for mission critical and renewable applications worldwide. The company's products deliver an unmatched combination of total cost of ownership, reliability and sustainability for leading organizations around the world. Customers are served via Austin and three regional operations centers located in the United Kingdom, Germany and China, that back the deployment of systems in more than 50 countries. For more information, visit www.activepower.com.
Non-GAAP financial Measure This press release includes information about adjusted EBITDA, which is not a financial measure calculated and presented in accordance with U.S. generally accepted accounting principles ("GAAP"). At the nearby of the following tables, energetic Power has provided a reconciliation of historical adjusted EBITDA to GAAP net loss, the most directly comparable GAAP financial measure, under the heading "Reconciliation of Net Loss to Adjusted EBITDA." energetic Power encourages investors to review this reconciliation in conjunction with their presentation of adjusted EBITDA. descry "About Presentation of Adjusted EBITDA" in the following tables for their definition of adjusted EBITDA and for an significant discussion about the employ of this metric.
Cautionary Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the acceptation of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can live identified by references to future periods, and include, without limitation, statements they get regarding:
Actual results and the outcomes of future events could differ materially from those expressed or implied by these forward-looking statements because of a number of risks and uncertainties, including: the deferral or cancellation of sales commitments as a result of generic economic conditions or uncertainty; the possibility backlog may not result in revenue; financial results that may vary significantly from quarter to quarter due to seasonality and volatility in customer demand; their continued ability to obtain adequate working capital to fund their operations; risks related to their international operations; their dependence on their relationships with Caterpillar, Inc., Hewlett Packard Enterprise, and on their distributors; product performance and property issues; significant competition; their continued talent to borrow under their credit agreement or raise capital as needed to back the business; and their talent to continue to hire and retain qualified personnel.
For more information on the risk factors that could antecedent actual results to differ from these forward looking statements, gladden advert to energetic Power filings with the Securities and Exchange Commission, including its annual report on form 10-K for the year ended December 31, 2015, its Quarterly Reports on form 10-Q, and its Current Reports on form 8-K filed since then. energetic Power assumes no obligation to update any forward-looking statements or information.Active Power, Inc. Condensed Consolidated Statement of Operations (in thousands, except per participate amounts) Three Months EndedMarch 31, (unaudited) 2016 2015 Revenues: Product revenue $ 2,840 $ 9,548 Service and other revenue 2,825 3,581 Total revenue 5,665 13,129 Cost of goods sold: Cost of product revenue 3,141 6,971 Cost of service and other revenue 1,706 1,851 Total cost of goods sold 4,847 8,822 Gross profit 818 4,307 Operating expenses: Research and development 1,196 1,516 Selling and marketing 2,173 2,706 General and administrative 1,362 1,558 Total operating expenses 4,731 5,780 Loss from Operations (3,913 ) (1,473 ) Interest expense, net (85 ) (79 ) Other income (expense), net (57 ) (7 ) Net loss $ (4,055 ) $ (1,559 ) Net Loss per share, basic and diluted $ (0.18 ) $ (0.07 ) Shares used in computing net loss per share, basic and diluted 23,139 23,130 Active Power, Inc. Condensed Consolidated poise Sheets (in thousands, except par value) March 31,2016 December 31,2015 ASSETS Current assets: Cash and cash equivalents $ 11,220 $ 12,260 Restricted cash 38 36 Accounts receivable, net of allowance for doubtful accounts of $71 and $70 at March 31, 2016 and December 31, 2015, respectively 5,066 8,849 Inventories, net 8,353 6,466 Prepaid expenses and other 726 792 Total current assets 25,403 28,403 Property and equipment, net 1,599 1,914 Deposits and other 275 278 Total assets $ 27,277 $ 30,595 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 2,411 $ 2,852 Accrued expenses 3,673 4,494 Deferred revenue 5,383 3,576 Revolving line of credit 5,535 5,535 Total current liabilities 17,002 16,457 Long-term liabilities 465 583 Commitments and contingencies Stockholders' equity Preferred stock - $0.001 par value; 2,000 shares authorized - - Common stock - $0.001 par value; 40,000 shares authorized; 23,173 and 23,171 issued and 23,110 and 23,109 outstanding at March 31, 2016 and December 31, 2015, respectively 23 23 Treasury stock (241 ) (240 ) Additional paid-in capital 304,461 304,094 Accumulated deficit (294,509 ) (290,454 ) Other accumulated comprehensive income 76 132 Total stockholders' equity 9,810 13,555 Total liabilities and stockholders' equity $ 27,277 $ 30,595 Active Power, Inc. Supplemental Information (in thousands) Revenue by Product Three Months Ended March 31,2016 % of total March 31,2015 % of total December 31,2015 % of total UPS $ 2,682 47 % $ 7,177 55 % $ 9,503 76 % MIS 158 3 % 2,371 18 % 123 1 % Total Product Revenue 2,840 50 % 9,548 73 % 9,626 77 % Service 2,825 50 % 3,581 27 % 2,899 23 % Total Revenue $ 5,665 100 % $ 13,129 100 % $ 12,525 100 % Revenue by Geography Americas $ 3,777 67 % $ 9,863 75 % $ 9,566 76 % EMEA 906 16 % 3,024 23 % 2,541 20 % Asia 982 17 % 242 2 % 418 3 % Total Revenue $ 5,665 100 % $ 13,129 100 % $ 12,525 100 % Active Power, Inc. Supplemental Information (in thousands) Total Bookings March 31,2015 June 30,2015 September 30,2015 December 31,2015 March 31,2016 Bookings $ 19,171 $ 17,322 $ 16,992 $ 8,043 $ 10,040 Book to Bill Ratio 1.46 1.03 1.14 0.64 1.77 Reconciliation of Net Loss to Adjusted EBITDA (in thousands) Three Months Ended March 31, March 31, December 31, 2016 2015 2015 Net Loss $ (4,055 ) $ (1,559 ) $ (2,906 ) Interest Expense 85 79 123 Depreciation Expense 217 293 234 Stock Based Compensation 367 323 385 Impairment of Long-Lived Assets - - - Adjusted EBITDA $ (3,386 ) $ (864 ) $ (2,164 )
About Presentation of Adjusted EBITDA Adjusted EBITDA is not a financial measure calculated and presented in accordance with GAAP, and should not live considered as an alternative to net income, operating income or any other financial measures so calculated and presented, nor as an alternative to cash flow from operating activities as a measure of liquidity. The company defines adjusted EBITDA as net loss before impairment of long-lived assets, depreciation, interest, and non-cash stock based compensation. Other companies (including competitors) may define adjusted EBITDA differently. The company presents adjusted EBITDA because management believes it to live an significant supplemental measure of performance that is commonly used by securities analysts, investors and other interested parties in the evaluation of companies in their industry. Management furthermore uses this information internally for forecasting and budgeting. It may not live indicative of the historical operating results of energetic Power, Inc. nor is it intended to live predictive of potential future results. Investors should not consider adjusted EBITDA in isolation or as a substitute for analysis of the company's results as reported under GAAP.
SOURCE: energetic Power, Inc.
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