Lexmark executed on three very significant corporate activities within the last 60 days – the announcement of a quarterly cash dividend program, the acquisition of Pallas Athena and a $125 million share repurchase of Lexmark stock, all of which strongly reflect Lexmark’s confidence in the future of its business. Through the company’s capital allocation strategy, Lexmark will continue to return value to its shareholders and plan for acquisitions that further strengthen and differentiate Lexmark’s fleet management, business content management and business process management (BPM) software solutions.
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Lexmark International, Inc. (NYSE: LXK) announced today that its enterprise-class Print Release solution can be hosted in the cloud via a Software as a Service (SaaS) model. The hosted deployment allows IT administrators to scale their Lexmark Print Release solution quickly without the need to invest in new IT infrastructure, all while enabling comprehensive mobile printing capabilities across the fleet.
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2010 was a very good year for Lexmark, highlighted by revenue, earnings and cash generation growth, record laser performance, product line expansions, managed print services growth and the acquisition of Perceptive Software, which has strengthened Lexmark’s expanding software business. Ninety percent of the top global retailers¹, 70 percent of the top global banks1, and 36 percent of the Fortune 50 are Lexmark customers.
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Lexmark introduced the Lexmark Accessibility Speech Solution, which expands Lexmark’s usability enhancements for visually impaired users. The solution helps visually impaired users better understand the status of their printer and how to remedy any issues.
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Today from BlogWorld, Lexmark International, Inc. (NYSE: LXK) launched the latest addition to its award-winning lineup of Web-connected, all-in-one (AIO) inkjet printers – Lexmark Genesis.
Last year, Lexmark introduced a line of inkjet AIOs that delivered powerful and robust printing technology designed for today’s wireless, Web-connected workplace. The Lexmark Genesis, built on the same inkjet platform, extends the line and targets professionals, small business and home office customers who are looking for a device that has innovative technology, is highly productive and is also bold and stylish.
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Twenty years ago, Lexmark International, Inc. (NYSE: LXK) was founded as a spin-out of IBM, and its employees outlined an ambitious goal to become a dynamic, global technology company with a vision of customers for life.
Beginning today and throughout much of the week ahead, Lexmark employees around the world are commemorating the company’s birthday and reflecting on Lexmark’s transformation into a global technology leader, made possible by the innovation it has contributed to the printing and imaging market over the past 20 years.
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