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HP0-450 | OpenVMS v7 Advanced Administration. Performance, and Support

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HP0-450 - OpenVMS v7 Advanced Administration. Performance, and Support - braindump

Vendor HP
Exam Number HP0-450
Exam Name OpenVMS v7 Advanced Administration. Performance, and Support
Questions 142 Q & A
Recent Update October 9, 2018
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HP0-450 exam Dumps Source : OpenVMS v7 Advanced Administration. Performance, and Support

Test Code : HP0-450
Test Name : OpenVMS v7 Advanced Administration. Performance, and Support
Vendor Name : HP
Q&A : 142 Real Questions

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VMS application, Inc. Named exclusive Developer of Future versions of OpenVMS working equipment. | killexams.com Real Questions and Pass4sure dumps

BOLTON, Mass.--(company WIRE)--VMS software, Inc. (VSI) these days introduced that HP has named it because the sole developer of future types of the OpenVMS working gadget and its layered product add-ons.

beneath the contract, VSI will license OpenVMS working device source code from HP to expand the OpenVMS product roadmap, by including new hardware platform releases, beginning with a brand new edition of OpenVMS for HP Integrity i4 servers in response to Poulson, Intel® Itanium® Processor 9500 collection (rx2800i4, BL8xxi4). in the future, VSI will aid different hardware systems, including X86-based mostly servers. VSI’s latest roadmap is purchasable at www.vmssoftware.com/news/announcement/RM.

VSI has assembled an onshore group of veteran OpenVMS builders, many harking returned to the core DEC team chargeable for the technical excellence that has been the hallmark of OpenVMS.

OpenVMS is the platform of choice for many customers as a result of OpenVMS’ unmatched safety, balance and legendary uptime efficiency. The contract between VSI and HP helps protect the long-time period investments shoppers have made by means of enabling many more years of future releases and aid. New OpenVMS utility releases will endure the rigorous qualification and validation testing that has been an essential component of the OpenVMS tradition.

shoppers can continue to purchase new Itanium-primarily based OpenVMS licenses and guide via HP. customers also have the flexibility of buying licenses and aid for brand new releases directly from VSI. HP will proceed to support older types of OpenVMS as targeted in HP’s current OpenVMS roadmap. VSI will announce the release date for OpenVMS for i4 Poulson in the near future. “here is a superb day for VSI and for the heaps of customers who rely on the steadiness and protection of OpenVMS,” referred to Duane P. Harris, CEO of VMS utility, Inc. “we are grateful and delighted that HP has granted us stewardship over the way forward for this marquee working gadget. Our ardour for taking OpenVMS into future a long time is just matched through the numerous builders and valued clientele who have relied on it to faithfully run their mission essential functions over the closing 30 years.”

“With an entire lengthy-term answer from HP and VMS software, purchasers will now have the flexibility to opt for which OpenVMS platform is correct for his or her business,” spoke of Ric Lewis, vice chairman and prevalent supervisor, enterprise Server business section, HP. “customers who would want to set up OpenVMS on existing and future HP technologies now have additional options, and people who decide to stay on their present OpenVMS platform could be protected via the extended HP guide features announced previously devoid of interruption or trade in manner.”

VSI changed into centered via the traders and principals of Nemonix Engineering, a 30-12 months company of hardware accessories, improvements and system refreshes for OpenVMS-primarily based servers. VSI is entirely concentrated on the development, sale, and assist of OpenVMS, global.

Digital device service provider launched the primary release of OpenVMS in 1977, beneath the identify “VMS.” The platform won legendary attraction for its disaster restoration, one hundred percent uptime, inexpensive of possession, and stellar safety. “The operating system has a really loyal put in base of customers [who] exhibit no signals of eager to provide it up,” stated one person in an InformationWeek article.

About VMS SoftwareVMS software, Inc. develops, sells and helps imaginitive and superior releases of OpenVMS, the most cozy working gadget on this planet. The business’s core motivation is to help and permit shoppers to run their mission vital applications on the legendary uptime stages OpenVMS is favourite for, at highest efficiency ranges, these days and into the long run. VMS application is headquartered in Bolton, MA. For extra assistance, go to http://www.vmssoftware.com.


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From the 12 months 2017, this American legend gave the realm a fresh lineage of bikes that are refined and technologically packed whereas holding the core values of its predecessors intact. working below the hood of every of them may be the all-new Milwaukee-Eight, the ninth generation of Harley-Davidson V-Twin engines that delivers vigor and reliability unlike no different before. The venerable street glide special is one in every of them.

Harley has at all times been the bigs, but this highway glide’s proportions will supply it a whole new which means; courtesy the gargantuan ‘Shark nostril’ fairing carrying the dual Daymaker Reflector LED Headlamps slapped correct up entrance. Harley-Davidson has managed to maintain the ancient charm appear with an analog instrument panel featuring the main speedo and rev counter and smaller gas and battery gauges flanked on both aspect of the 6.5”full-color touch infotainment reveal called the growth!

It’s intricate now not to be enamored with the dual-Cooled, 450 V-twin mill harvesting 1745cc which rumbles with a signature fell but with a gentler manner. The engine boasts of 154 bhp @ 5000 rpm of top vigor and 104.7 toes-lb @ 3250 rpm of torque ample to get you to a 60 mph sooner than ever earlier than. The 107 receives re-tuned journey-by-wire system and greater delicate knock sensors for gaining all of the torque on offer. A 6-velocity Cruise pressure Transmission and a slip and help grasp gives the rider smooth moving of gears that aid in protecting fatigue-free long rides.

With the launch of the brand new Milwaukee Eight, a very new re-engineered twin bending valve with beefy 49mm Showa twin Bending Valve front forks entrance and rear suspension with conveniently-adjustable emulsion shocks also donned the 2017 line-up. Harley-Davidson has given the go with the flow 32 mm, four-piston fixed entrance and rear Reflex Linked Brembo Brakes with ABS that catch on to twin 320mm discs.

The street glide particular will empty your checking account to the tune of $23,999 (MSRP). It comes in Vivid Black and for an extra $one thousand you could get it in sophisticated Blue, Laguna Orange, Olive Gold, pace red sunglow and Black Denim. once more for one more further $one thousand which you could get it custom painted. however look ahead to it, for one more $a thousand that you may get a special ‘Hand candy custom’ paint job just like the Black Gold flake, Mystic crimson flake, and sizzling rod pink flake.

An ultra-top class bagger boasts worldly consolation, comfort, power, style, infotainment, craftsmanship and most vital of all - confidence. it's every little thing the Chieftain stood for, and this time, the Elite rises greater with the high-flake Black Hills Silver color hand paintjob, business-main journey Command system with a 200-watt top class audio equipment and lots greater premiumness.

The Elite receives underpinned through the commonplace Chieftain but gets a lot of oomph, thanks to its dazzling paint scheme. it is a excessive-flake Black Hills Silver color inspired via the silver mines in the Black Hills of South Dakota. A location close to the manufacturer’s custom paint facility close Spearfish. the new 19" front Wheel showcases a 10-spoke, contrast-reduce wheel that completes the customized seem to be.

Indian has stored the old faculty charm with this engine design. however don’t get fooled since the interior story is a whole new world. The Thunder Stroke 111 engine used within the Chieftain makes way here too with its 1811cc 490 V-Twin capable of belting out 73 hp of vigour and 119 lb-ft of torque. adequate torque to tear apart the tarmac. in contrast to different floorboard operators, the forward foot controls cave in to heel/toe shifter.

it is large. No getting around that. large handlebar hooked up fairings which seem like the 50’s steamliner locomotives add to the enormous stature of this bike. It also receives the identical aspects as the old Chieftain commanded like ABS, cruise control, tire drive monitoring, far off-locking saddlebags and keyless ignition and the leisure of the bells and whistles.

Indian bikes may be making most effective a constrained variety of the Elites’, despite the fact we don’t have these numbers. With the regular Chieftain costing at $21,499, and the Chieftain restricted at $24,499, the Elite costs a bit greater than that, $31,499 to be actual.

Given the evocative sobriquet as the “Flying Fortress”, the MGX-21 is Italian’s take at the traditionally styled cruisers and tourers or what we additionally name as Baggers, a mainstay of motorcycling in the us. This motorbike was primarily developed to raise the company’s American earnings and now has entered the Indian shores along with the V9s’. As stealth as whatever thing on two wheels can get, this motorbike features everything you would predict in a bagger.

Designed through the futuristic thinkers of the Centro Stile Piaggio neighborhood, with enter from the Piaggio superior Design Centre (PADC) in California, this mysterious nocturnal creature fulfills everything for a bagger connotation and does it in carbon – fiber. A futuristic looking batwing-trend fairing at the front is what you see as an instantly glaring appearance, after which there is the large ninety° transverse V-twin engine with two giant cylinders that seem to literally explode out of the petrol tank. The purple paint on the aluminum head covers is the handiest location apart from the brake calipers where you are going to see a concept referred to as ‘color’.

Carried over from the award-successful Moto Guzzi California, the MGX-21 is armed with 1,380cc, longitudinally established, V-twin, gasoline-injected and air and oil-cooled motor. Armed with a pair of 104 x 81.2mm cylinders, it punches a flat torque curve of 89 toes-lb at 3000 rpm and energy peaks at 97 bhp at 6500 rpm. The huge air-cooled V-twin is a bit too lazy and tender to be considered irritated. Make no mistake, seeing that the 1400 engine elements experience-by using-wire, it has three on-the-fly, rider adjustable engine maps: Veloce, Turismo, and Pioggia.

a group of forty five mm forks waft the front on four.2 inches of trip however come with no adjustments to the trip first-class. The rear end floats on a pair of shocks that offer up the equal quantity of commute and as a minimum come with an adjustable preload so you can adjust for altering passenger and cargo hundreds. A pair of four-pot, opposed-piston, Brembo calipers bind the dual, 320 mm front brake discs and a twin-pot caliper pinches the 282 mm disc in returned. ABS insurance plan comes as a part of the ordinary device.

a value tag on the motorbike depicts $21,990 which is definitely not low-priced. but is terribly much based on the likes of the Harleys and the Indians accessible making thea alternative a quite more complicated one. you will get it in exactly the carbon-fiber flaky herbal colour.

Designed from the floor up, this model packs in all the bells and whistles which you can fathom including the electronic suspension and the brand new 124 hp engine that performs like a well-developed athlete in comparison to the old era Gold Wing, making all that previous consider old and out of date. here is Honda’s guess to give us a progressive new touring desktop that promises to heighten our experiences to whole new ranges of pride.

And Honda has made it clear to specific the longer term in its designs as opposed to having a retro tackle the 2018 mannequin, all devoid of losing the core principles the bike. The aggressive looking new Gold Wing has an ingenious physique design to grants a ‘pleasing cooling breeze’ to the riders to be able to additionally enrich the gas effectivity via 20%. The smaller electrically adjustable windscreen is also designed to suit the graceful body, so is the relaxation of the bike together with the precise and facet panniers.

Coming to the soul of the Gold Wing, Honda hasn’t afflicted altering the 1833 cc horizontally-adverse flat six architectures. they have instead burnt the hour of darkness oil and managed to cut 6.2 kilos off the majority from the previous engine. Yet, the new powerplant offers 124 hp of height vigor (from 117 hp) and a hundred twenty five feet-lb of height torque now coming at simply 4500rpm. The manual 6-pace gearbox comes with a new cam help slipper snatch to make using a breeze with lighter seize motion. there's a new reverse apparatus delivered to the bike to aid you maneuver tight corners accessible each within the manual and DCT gearbox.

Introducing an intelligent suspension gadget that includes a semi-active unit, the Gold Wing has a pair of wishbone connected to a solid aluminum girder and a valuable spring strut. each the entrance and the rear suspension unit receives 4 settings (rider, rider and luggage, rider and pillion, rider and pillion with baggage) and is electronically adjusted to suit the driving mode chosen. which you could additionally alter it in your own preferences and comforts. Few different area of interest pieces of tech are packed during this model which comprises the Honda Selectable Torque handle (HSTC), and the Hill start help (HSA).

the base mannequin might be the 2018 Gold Wing which starts at $23,500. color choice: Matte Majestic Silver, sweet Argent purple and Pearl Stallion Brown. The 2018 Gold Wing automatic DCT for $24,seven-hundred. color alternate options: Matte Majestic Silver, candy Argent purple and Pearl Stallion Brown.

Indian bikes is lifting itself to the pinnacle for 2018. This dark horse gets up to date with refined yet dark cosmetic changes to supply it a stealth outlook whereas blacking out nearly every little thing other than the exhaust. It carried across the equal panache and poise of the epoch Springfield, a motorbike that leaves absolute confidence of having a favourite region in the lineup of this historical company that knows retro indulgence.

It still includes the Hiawatha headlamp and nacelle born within the 1960’s, a time when chrome dominated the streets. except there isn’t any chrome there now. What you get is a dark themed matte conclude that goes on all sides to put issues blatantly into point of view. Flanked by means of this are the black fog lamps to in shape the humongous Hiawatha. Surrounding the cluster is the challenging and durable removable windshield that has a clear envelope of air over the long haul. With this you can decide to go visiting or to cruise in just a heartbeat.

Designed from the floor up, the Thunder Stroke 111 engine used in the Chieftain makes method right here too with its 1811cc 490 V-Twin able to belting out 73bhp of power and 102 lb.toes of torque. satisfactory torque to tear aside the tarmac and accelerate without breaking a sweat in every condition. it is both oil and air cooled and operates fairly smooth in comparison to the heavy throbbers around.

Suspension leverages are carried out by way of tremendous 46 mm forks flow the front conclusion having 119 mm of commute, and the one rear pneumatic shock will also be adjusted for load or preference with 114 mm of travel. To halt this 862 lbs monster, you want heavy performers, and therefore twin 4-pot calipers bind the entrance 300mm brake discs, and a twin-pot caliper binds the rear 300mm disc. ABS will come as usual, knowing which that you could brake under control in any circumstance.

This 2018 Indian Springfield darkish Horse comes with a cost tag of $ 20,999. That is an identical because the regular Springfield is. that you would be able to handiest get the Thunder Black Smoke Trim for the darkish Horse, which is also the case with the other two darkish Horse models, the chief and the Chieftain. Of direction, Indian will offer you a plethora of accessories to make it your own deal, and the list includes 300 diverse fitments to your Springfield dark Horse.

This Harley has bought the design language it is accountable for taking you to the 60s’ where bikes used to feature one of the most greatest headlamps and spoked tires with white wall. It’s harking back to that period where chrome referred to ecstasy and class. there are many retro-styled motorcycles round, however nothing receives more ‘historic’ than this highway King. Longtime fanatics of the manufacturer will admire the influence of the ancient Duo-flow circa 1958 and the FLH fashions that got here after. It’s the front conclusion that units the tone with massive, forty nine mm forks made to appear even fatter with chrome, “beer can” fork skirt and “Hiawatha” headlamp nacelle. Whisker-bar hooked up passing lamps, and turn indicators finish the ahead lights, and a big, “detachable” windshield crowns the complete assembly.

The engine boasts of 94 bhp @ 5000 rpm of peak vigour and 111.4 pound-toes of torque at three,250 rpm of torque ample to get you to a 60 mph faster than ever before. excessive circulation air container with 55mm throttle body lets the engine breathe enhanced for utilizing each ounce of power. Redesigned warmth administration gadget will enhance rider and pillion comfort and keep your inner thighs cooler. The 107 gets retuned trip-by means of-wire equipment and greater sensitive knock sensors for gaining all the torque on present.

To get the maximum consolation, the blokes at Harley have given the King a large set pullback handlebar that gives you a commanding place and making sure your muscle mass reside at ease even after hours of driving at a stretch. You additionally get ergonomically designed hand controls that let your eyes be aware of the job at hand or at the scenery round, whichever comes first. you are going to definitely get both-up road King seat which boasts of contemporary appears and efficiency—without sacrificing an oz. of nostalgic style. it is sculpted with a deep bucket and a narrow neck for that most excellent experience consolation which you at all times want to be seated on.

With the launch of the brand new Milwaukee Eight, a very new re-engineered twin bending valve with beefy Showa dual Bending Valve front forks entrance and rear suspension with with ease-adjustable emulsion shocks additionally donned the 2017 line-up. The rear abandons the air-adjustment shocks for the prevalent spring loaded which can be adjusted with only a turn of a knob and larger pins will give more advantageous damping performance. Braking tasks are given to Reflex linked brakes with ABS that turns a locked up entrance wheel or a rear wheel skid right into a relic from using’s history.

As general, Harley presents more than a few costs depending on which colour package you choose. The simple Vivid Black mannequin rolls for $18,999 with an entire fistful of colour alternate options that can force the price as excessive as $21,399. alternate options such as the ABS and security system will set you back a further $795 and $395 respectively, and as average, California riders can are expecting to take a $200 hit for his or her special emissions kit.

The manufacturing facility has broadly touted this extremely-expected laptop as having been developed peculiarly for traveling American roads, and as all of us be aware of, travelling right here skill something fully distinct than it does in Europe.

Beemer seems to take it somewhat extra although, because it boosted the dimension of the slipstream deflectors and ran with a fuller, energy-adjustable windshield. Beemer nests its flashers in a row along both sides of the leading edge of the fairing scoop. every thing looks smartly-planned out with nothing of “afterthought” features cobbled on, and this leaves me with a undeniable self belief within the vehicle as a whole. Up front, we have wind-tunnel-confirmed fairings that give a sizable “air pocket” for the rider whereas offering up considerable coverage from wind and weather, well, as a lot coverage as you can actually moderately predict on a motorcycle anyway.

The BMW R 1200 RT sources its vigor from a four-stroke, flat twin, oil/water cooled, 1170cc engine, which has been shared with the ordinary bare R 1200 R. for sure, this engine is one of the most ballistic twin cylinder engines available in the country, which pumps out 127.2 PS of power and 92 lb-feet of torque. The 6-velocity helical category gearbox transmits the entire power generated from the engine to the rear wheel via a Cardan category shaft.

Sitting on a bridge classification solid aluminum frame, the motorbike comes with a Telelever, 37mm important spring strut at the front and a cast aluminum single-sided swingarm with the paralever setup at the rear. BMW’s famed ESA II (electronic Suspension Adjustment) makes it possible for electronically adjustable damping. The braking obligations are looked after by twin 320mm disc brakes on the front and a single 276mm disc brake on the rear with ABS pro part of the standard gadget package.

BMW lets go of the k 1600 B for $21,995. moreover, it packs in multi-controller, automatically heated grips, ABS, using modes, automated steadiness control, tire power manage, traction handle, and dynamic brake mild.

The Vulcan 1700 sequence from Kawasaki launched in 2009 changing the the latest 1600 sequence and carried forward the Vulcan family that began in 1984. Kawasaki calls it “hotrod-style” aspects on the dash where the colour-matched sprint holds analog gauges. The Vaquero with its blacked-out bruiser-cruise appeal received a black trim on the flip alerts, tail mild and instrument panel in 2018 to continue that darkish seem.

Kawasaki gave the Vulcan 1700 household what the American purchaser likes to look; loads of inches in a V-twin configuration. At 1,seven-hundred cc (103.7 cubic-inches), here's one of the crucial higher V-twins in the world. The manufacturing unit claims a whopping 107.6 pound-feet of torque out of this water-cooled, 52-diploma mill, certainly smartly in the energy-cruiser territory.

The half-ton-plus working weight shows the manufacturing facility dropped all pretension of retaining things easy, and developed for power as an alternative. steel makes up the tubing for the double-downtube, double-cradle frame and squared-off backbone member, and that brings its own obtrusive advantages over aluminum skeletons.

Air shocks and forty five mm forks tend to the suspension tasks with 5.5 inches of shuttle up front and three.1 within the lower back. dual, four-pot calipers bind the 300 mm entrance brake discs, and a twin-piston binder grabs the 300 mm rear disc. All this falls below the management of Kawasaki’s proprietary ABS, the Kawasaki advanced Coactive-braking expertise (okay-ACT II).

MSRP on the 2018 Vaquero is $sixteen,799. For 2018, the Vaquero comes in steel Spark Black. Kawasaki covers your Vulcan 1700 with a 36-month limited warranty with the option to head for 12, 24, or 36 months with Kawasaki protection Plus.

The big name Eluder, in accordance with the tour-tastic project, takes the family deep into custom-bagger territory with blackout remedy, a cut-down windshield and a clean rear conclusion that comes sans good case. meant to seem low and imply, the Eluder brings Yamaha into the ever-expanding bagger battle that has considered many of the top manufacturers vying for a piece of the motion.

The venture gives the superb platform upon which to beginning constructing, or stripping away as the case may be. A shark-grin fairing leads the manner with at the least 4 headlights set like tooth in a maw below the chopped down windshield. Like BMW, the Tuning Fork company’s entry runs a set fairing and brief defend as well, if most effective in a greater sportbike-like configuration.

Yamaha’s 1,854 cc (113 cubic-inch) powerplant produces 126 pound-toes of torque and is appropriate on factor. no longer handiest that, but it comes geared to cruise at seventy five mph at a leisurely 2,750 rpm. Yamaha went to the right shelf for the engine-manage components. First off, a trip-by way of-wire throttle makes the rider-to-laptop hyperlink, and that enter receives washed via a variable energy-birth “D-Mode” feature, traction handle, and of course, cruise control.

toward that end, Yamaha floats its steel body and aluminum subframe on beefy, forty six mm forks up front and gasoline shock out again. Yamaha sweetens the deal with a linked-brake feature that gives an extra layer of security by automatically balancing braking efforts between the entrance and rear calipers.

Yamaha gives the Eluder some blackout touches to further the customized flavor and add to the somewhat-menacing appear. Yamaha goes straight to the proper-shelf with a 7-inch touchscreen interface similar to Indian’s “trip Command” gadget. Yamaha hits close to what we expect from the homegrown marques with a $22,499 decal.

The handcrafted California possesses the equal basic style and beauty of previous California models, with up to date, chopping-aspect technology that might make the old models positively die from envy. The manufacturing unit touts this bike because the flagship of Gran Turismo, and backs it up with a whole lot of improvements and lines that place it squarely within the luxury tour-bike class.

Moto Guzzi manages to hold a way of continuity with previous California fashions, albeit with modern strains and engineering. The seat with its chromed passenger grab rail and the facet panels had been impressed via the T3, and the engine and gas tank sizes emulate the ratios latest on its V7 and V850 forebears.

The California is armed with 1,380cc, longitudinally mounted, V-twin, fuel-injected and air and oil-cooled motor. Armed with a pair of 104 x 81.2mm cylinders, it punches a flat torque curve of 89 ft-lb at 3000 rpm and vigor peaks at ninety seven bhp at 6500 rpm. The large air-cooled V-twin is a little too lazy and delicate to be considered angry. Make no mistake, on the grounds that the 1400 engine facets journey-through-wire, it has three on-the-fly, rider adjustable engine maps: Veloce, Turismo, and Pioggia.

a group of forty six mm forks float the entrance on four.7 inches of go back and forth but include no changes to the trip fine. The rear conclusion floats on a pair of shocks that present up 4.3 inches of go back and forth and at least include an adjustable preload so you can adjust for changing passenger and cargo loads. A pair of four-pot, opposed-piston, Brembo calipers bind the dual, 320 mm front brake discs and a twin-pot caliper pinches the 282 mm disc in again. ABS protection comes as part of the ordinary gadget.

At $18,490, the California falls between U.S. home tour bikes and its eastern counterparts, though none of its opponents present a hand-made bike. which you can pad this base expense significantly, though, as Moto Guzzi offers the most extensive add-ons line they had ever produced for any of their bikes.




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KVH Industries Reports Second Quarter 2018 Results | killexams.com real questions and Pass4sure dumps

MIDDLETOWN, R.I., Aug. 02, 2018 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (KVHI) reported financial results for the quarter ended June 30, 2018 today. The company will hold a conference call to discuss these results at 10:30 a.m. ET today, which can be accessed at investors.kvh.com. Following the call, a replay of the webcast will be available through the company’s website.

Commenting on the quarter, Martin Kits van Heyningen, KVH’s chief executive officer, said, “Our second quarter results demonstrate the strong growth that we outlined at the beginning of the year and build on our first quarter momentum. In particular, we achieved record performance in many aspects of our VSAT business, including our highest ever level of shipments, which grew almost 100% compared to the second quarter last year. This was driven largely by the continued success of our AgilePlans Connectivity as a Service Program, which, together with demand for our new next-generation HTS satellite network, helped increase our airtime subscribers by 9% for the second quarter. In our inertial navigation segment, our FOG business once again grew significantly, achieving the sixth consecutive quarter of double digit growth as FOG revenues rose 34% compared to the second quarter last year. Most significantly, the latest design of our photonic chip has now achieved performance results that meet or exceed all of our target performance measures. With a specification-compliant photonic chip-based gyro prototype now in hand, I am confident that we will be delivering test units to customers later this year.”

The company operates in two segments, mobile connectivity and inertial navigation. Net sales for the mobile connectivity segment decreased $0.3 million, or 1%, compared to the second quarter of 2017 due to lower mini-VSAT Broadband product sales as a result of the implementation of the new ASC 606 revenue recognition standard as well as the impact of the AgilePlans subscription service. Under the AgilePlans program, product revenues are not recognized upon shipment of VSAT products but rather are recognized monthly as airtime services are provided. Partially offsetting this decrease was an increase in our mini-VSAT Broadband airtime revenue. Net sales for our inertial navigation segment increased $3.2 million, or 50%, compared to the second quarter of 2017, due to an increase in FOG sales and TACNAV sales, as well as an increase in contracted engineering service sales.

For more information regarding our non-GAAP financial measures, see the tables at the end of this release.

Revenue was $43.4 million for the second quarter of 2018, an increase of 7%, compared to the second quarter of 2017.

Product revenues for the second quarter of $16.2 million were 13% higher than the prior year quarter, due to an increase in inertial navigation product sales of $2.7 million, partially offset by a $0.8 million decrease in mobile connectivity product sales. Mobile connectivity product sales decreased primarily due to a $0.5 million decrease in marine product sales and a $0.3 million decrease in land mobile product sales. The decrease in marine product sales was due to the impact of the AgilePlans subscription service and the adoption of ASC 606, the latter of which had a net impact on marine product sales of $0.2 million. Inertial navigation product sales increased due to a $1.6 million increase in FOG product sales and a $0.8 million increase in TACNAV product sales.

Service revenues for the second quarter were $27.2 million, an increase of 4% compared to the second quarter of 2017, due to a $0.5 million increase in inertial navigation service sales and a $0.5 million increase in mobile connectivity service sales. Airtime service revenues, which include mini-VSAT Broadband airtime revenues, increased 5% in the second quarter of 2018 compared to the second quarter of 2017 due to a 9% increase in subscribers. Content and training revenues, which include our entertainment, eLearning, and safety content decreased by 5% in the second quarter of 2018 compared to the second quarter of 2017. Our engineering service revenues in the second quarter of 2018 increased by $0.5 million compared to the second quarter of 2017 as a result of a substantial contract which began in the first quarter of 2018 and was completed in the second quarter.

Our operating expenses decreased $0.4 million year-over-year to $19.0 million compared to $19.4 million in the second quarter of 2017. The key drivers were an increase in funded engineering expenses of $0.4 million, a $0.1 million decrease in professional and consulting fees, a $0.1 million decrease in salaries, benefits, and taxes, and a $0.1 million decrease in bad debt expense. This was partially offset by a $0.3 million increase in warranty expense.

Six Months Ended June 30 Financial Summary

Revenue was $83.5 million for the six months ended June 30, 2018, an increase of 4% compared to the six months ended June 30, 2017. Product revenues for the six months ended June 30, 2018 were $30.2 million which was 3% higher than the six months ended June 30, 2017 due to a $3.7 million increase in inertial navigation product sales, which was partially offset by a $2.7 million decrease in mobile connectivity product sales. Inertial navigation product sales increased primarily due to a $2.8 million increase in FOG product sales and a $0.9 million increase in TACNAV product sales. Mobile connectivity product sales decreased primarily due to a $2.0 million decrease in marine product sales due to the impact of the AgilePlans subscription service, the adoption of ASC 606, and a $0.7 million decrease in land mobile connectivity products.

Service revenues for the six months ended June 30, 2018 were $53.3 million, an increase of 4% compared to the six months ended June 30, 2017 due to a $0.9 million increase in mobile connectivity service sales and a $0.9 million increase in inertial navigation service sales. Airtime service revenues, which include mini-VSAT Broadband airtime revenues, increased 4%. Content and training revenues, which include our entertainment, eLearning, and safety content, in the six months ended June 30, 2018 decreased by 3% compared to the six months ended June 30, 2017. Our engineering service revenues in the six months ended June 30, 2018 increased 43% compared to the six months ended June 30, 2017 as a result of a substantial contract which began in the first quarter of 2018 and was completed in the second quarter.

Our operating expenses decreased $0.8 million year-over-year to $39.5 million in the six months ended June 30, 2018 compared to $40.3 million in the six months ended June 30, 2017. The key drivers were a decrease in professional and consulting fees of $0.6 million, a $0.6 million increase in funded engineering expenses, a $0.2 million decrease in marketing expense, and a $0.1 million decrease in salaries, benefits, and taxes. This was partially offset by a $0.7 million increase in warranty expense.

Third Quarter 2018 and Full Year 2018 Outlook

Our guidance for the third quarter and full year of 2018 is below. Although our full year guidance remains unchanged, the further success or acceleration of our AgilePlans program could negatively impact the amount of revenue and earnings we will be able to recognize this year. This guidance reflects the new revenue recognition standard, ASC 606, which all U.S. public companies were required to adopt on January 1, 2018. It should be noted that this guidance does not include any revenue from the international pipeline of large inertial navigation orders that we have been anticipating.

           (in millions, except per share data)   Third Quarter   Full Year     From   To   From   To Revenue   $ 43.0     $ 45.0     $ 166.0     $ 180.0   GAAP EPS   $ (0.10 )   $ (0.05 )   $ (0.44 )   $ (0.21 ) Non-GAAP EPS   $ 0.03     $ 0.07     $ 0.12     $ 0.28   Non-GAAP adjusted EBITDA   $ 3.0     $ 4.0     $ 12.0     $ 16.0                                    

ASC 606 requires that certain revenues that had been recognized in prior periods be reversed as of January 1, 2018 and be recognized over time as performance obligations are met, and, likewise, that certain currently generated revenues that would have been recognized under previous accounting guidance instead be deferred and recognized over time as performance obligations are met. We expect the net impact of this change in accounting guidance, which is reflected in the above tables, will be as follows:

           (in millions, except per share data)   Third Quarter   Full Year Revenue   $ (0.5 )   $ (2.5 ) GAAP EPS   $ (0.01 )   $ (0.03 ) Non-GAAP EPS   $ (0.01 )   $ (0.02 ) Non-GAAP adjusted EBITDA   $ (0.1 )   $ (0.5 )                  

Other Recent Announcements

  • Mark Guthrie was announced as KVH's vice president for the Asia-Pacific region, which has become a hub for the commercial maritime industry.
  • BW Group, a worldwide leader in maritime energy transportation, agreed to add KVH connectivity services to 45 more vessels and extended its airtime agreement for previously subscribed vessels.
  • KVH announced its "6-Level Cybersecurity Strategy" for its Maritime VSAT Network, a cohesive group of initiatives designed to provide proactive cybersecurity protection for the KVH hardware and maritime VSAT satellite network.
  • KVH introduced the 1775 inertial measurement unit (IMU), KVH's highest performing fiber optic gyro-based IMU, with 25g accelerometers designed for highly dynamic applications.
  • KVH introduced LTE System for fast, affordable Internet access offshore.
  • KVH surpassed 8,000 VSAT systems shipped for global connectivity.
  • Brazilian-based Transpetro selects KVH TracPhone V7-HTS satellite communications antenna system with a five-year airtime contract for 45 tankers.
  • Please review the corresponding press releases for more details regarding these developments.

    Conference Call Details

    KVH Industries will host a conference call today at 10:30 a.m. ET through the company’s website. The conference call can be accessed at investors.kvh.com and listeners are welcome to submit questions pertaining to the earnings release and conference call to ir@kvh.com. The audio archive will be available on the company website within three hours of the completion of the call.

    Non-GAAP Financial Measures

    This release provides non-GAAP financial information, which may include constant-currency revenue, non-GAAP net income (loss), non-GAAP diluted EPS, and non-GAAP adjusted EBITDA, as a supplement to our condensed consolidated financial statements, which are prepared in accordance with generally accepted accounting principles (“GAAP”). Management uses these non-GAAP financial measures internally in analyzing financial results to assess operational performance. Constant-currency revenue is calculated on the basis of local currency results, using foreign currency exchange rates applicable to the earlier comparative period, and management believes that presenting information on a constant-currency basis helps management and investors to isolate the impact of changes in those rates from other factors. The presentation of this financial information is not intended to be considered in isolation or as a substitute for the financial information prepared in accordance with GAAP. The non-GAAP financial measures used in this press release adjust for specified items that can be highly variable or difficult to predict. Management generally uses these non-GAAP financial measures to facilitate financial and operational decision-making, including evaluation of our historical operating results, comparison to competitors’ operating results, and determination of management incentive compensation. These non-GAAP financial measures reflect an additional way of viewing aspects of our operations that, when viewed with GAAP results and the reconciliations to corresponding GAAP financial measures, may provide a more complete understanding of factors and trends affecting our business.

    Some limitations of non-GAAP net income (loss), non-GAAP diluted EPS, and non-GAAP adjusted EBITDA, include the following:

  • Non-GAAP net income (loss) and diluted EPS exclude amortization of intangibles, stock-based compensation, employee termination and other non-recurring costs, foreign exchange transaction gains and losses, the tax effect of the foregoing and the change in valuation allowance.
  • Non-GAAP adjusted EBITDA represents net income (loss) before interest income, interest expense, income taxes, depreciation, amortization, stock-based compensation, employee termination and other non-recurring costs, and foreign exchange transaction gains and losses.
  • These non-GAAP financial measures now exclude the effect of foreign exchange transaction losses, which represents a change from calculations presented in prior earnings releases. We decided to exclude foreign exchange transaction losses because we do not believe such gains or losses are indicative of operating performance. Other companies, including companies in KVH’s industry, may calculate these non-GAAP financial measures differently or not at all, which will reduce their usefulness as a comparative measure.

    Future Non-GAAP Adjustments

    Future GAAP diluted EPS may be affected by changes in ongoing assumptions and judgments, and may also be affected by non-recurring, unusual or unanticipated charges, expenses or gains, which are excluded in the calculation of our non-GAAP diluted EPS guidance as described in this press release.

    Because non-GAAP financial measures exclude the effect of items that will increase or decrease our reported results of operations, management strongly encourages investors to review our consolidated financial statements and publicly filed reports in their entirety. Reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the tables accompanying this release.

    About KVH Industries, Inc.

    KVH Industries, Inc. (KVHI), is a global leader in mobile connectivity and inertial navigation systems, innovating to enable a mobile world. The market leader in maritime VSAT, KVH designs, manufactures, and provides connectivity and content services globally. KVH is also a premier manufacturer of high-performance sensors and integrated inertial systems for defense and commercial applications. Founded in 1982, the company is based in Middletown, RI, with research, development, and manufacturing operations in Middletown, RI, and Tinley Park, IL, and more than a dozen offices around the globe.

    This press release contains forward-looking statements that involve risks and uncertainties. For example, forward-looking statements include statements regarding our financial goals for future periods, the success of our new initiatives, our investment plan, our development goals, our anticipated revenue and earnings, the anticipated impact of ASC 606, and the impact of our future initiatives on revenue, competitive positioning, profitability, and product orders. Actual results could differ materially from the forward-looking statements made in this press release. Factors that might cause these differences include, but are not limited to: the uncertain duration of the adverse impact on our overall revenues of our new AgilePlans, under which we recognize no revenue for product sales, either at the time of shipment or over the contract term; increased costs arising from the new HTS network; the impact of recent changes in revenue recognition and lease accounting standards; including potential changes in the interpretation of those standards; the uncertain impact of tax reform and federal budget deficits; the uncertain impact of changes in trade policy, including potential tariffs and trade wars with other countries; unanticipated obstacles in our photonic chip and other product development efforts; delays in the receipt of anticipated orders for our products and services, including significant orders for TACNAV products, or the potential failure of such orders to occur at all; continued adverse impacts of currency fluctuations, particularly the British Pound; risks associated with the impact of Brexit on sales and operations in the U.K. and Europe and on the overall global economy; our ability to successfully implement our new initiatives without unanticipated additional expenses; potential reduced sales to companies in or dependent upon the turbulent oil and gas industry; continued substantial fluctuations in military sales, including to foreign customers; the unpredictability of defense budget priorities as well as the order timing, purchasing schedules, and priorities for defense products, including possible order cancellations; the uncertain impact of potential budget cuts by government customers; the impact of extended economic weakness on the sale and use of marine vessels and recreational vehicles; the potential inability to increase or maintain our market share in the market for airtime services; the need to increase sales of the TracPhone V-IP and V-HTS series products and related services to maintain and improve airtime gross margins; the need for, or delays in, qualification of products to customer or regulatory standards; potential declines or changes in customer demand, due to economic, weather-related, seasonal, and other factors, particularly with respect to the TracPhone V-IP and V-HTS series, including with respect to new pricing models; increased price and service competition in the mobile connectivity market; potential increased expenses associated with investments in new technology; exposure for potential intellectual property infringement; potential additional litigation expenses; fluctuations in interest rates; potential changes in tax and accounting requirements or assessments, including management’s assessment of the probability and effect of future events; stock price volatility; and export restrictions, delays in procuring export licenses, and other international risks. These and other factors are discussed in more detail in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 2, 2018. Copies are available through our Investor Relations department and website, http://investors.kvh.com. We do not assume any obligation to update our forward-looking statements to reflect new information and developments.

    KVH Industries, Inc. has used, registered, or applied to register its trademarks in the USA and other countries around the world, including but not limited to the following marks: KVH, TracVision, TracPhone, CommBox, TACNAV, IP-MobileCast, Videotel, mini-VSAT Broadband, NEWSlink, KVH OneCare, and AgilePlans by KVH. Other trademarks are the property of their respective companies.

      KVH INDUSTRIES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts, unaudited)       Three Months EndedJune 30,   Six Months EndedJune 30,     2018   2017   2018   2017 Sales:                 Product   $ 16,162     $ 14,323     $ 30,154     $ 29,186   Service   27,230     26,126     53,339     51,474   Net sales   43,392     40,449     83,493     80,660   Costs and expenses:                 Costs of product sales   10,094     9,295     19,017     19,834   Costs of service sales   15,498     13,094     29,314     26,362   Research and development   3,565     3,761     7,499     7,708   Sales, marketing and support   8,494     8,124     17,435     16,864   General and administrative   6,928     7,543     14,595     15,730   Total costs and expenses   44,579     41,817     87,860     86,498   Loss from operations   (1,187 )   (1,368 )   (4,367 )   (5,838 ) Interest income   155     159     303     325   Interest expense   428     349     837     702   Other income (expense), net   446     (112 )   172     (180 ) Loss before income tax expense   (1,014 )   (1,670 )   (4,729 )   (6,395 ) Income tax expense   329     356     507     516   Net loss   $ (1,343 )   $ (2,026 )   $ (5,236 )   $ (6,911 ) Net loss per common share:                 Basic and diluted   $ (0.08 )   $ (0.12 )   $ (0.31 )   $ (0.42 ) Weighted average number of common shares outstanding:                 Basic and diluted   17,140     16,446     16,942     16,354   KVH INDUSTRIES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, unaudited)       June 30,2018   December 31,2017 ASSETS         Cash, cash equivalents and marketable securities   $ 34,872     $ 42,915   Accounts receivable, net   29,837     28,316   Inventories   22,912     22,732   Other current assets and contract assets   6,758     3,816   Total current assets   94,379     97,779   Property and equipment, net   50,069     43,521   Goodwill   33,237     33,872   Intangible assets, net   12,743     15,120   Other non-current assets and contract assets   13,001     5,927   Non-current deferred income taxes   198     20   Total assets   $ 203,627     $ 196,239   LIABILITIES AND STOCKHOLDERS’ EQUITY         Accounts payable and accrued expenses   $ 33,413     $ 33,948   Contract liabilities   11,051     —   Deferred revenue   —     6,919   Current portion of long-term debt   4,990     2,482   Total current liabilities   49,454     43,349   Other long-term liabilities   2,213     19   Long-term contract liabilities   8,374     —   Non-current deferred tax liability   2,580     2,634   Long-term debt, excluding current portion   38,575     44,572   Stockholders’ equity   102,431     105,665   Total liabilities and stockholders’ equity   $ 203,627     $ 196,239   KVH INDUSTRIES, INC. AND SUBSIDIARIES RECONCILIATION OF GAAP NET LOSS TO NON-GAAP NET INCOME (LOSS) (in thousands, except per share amounts, unaudited)       Three Months EndedJune 30,   Six Months EndedJune 30,     2018   2017   2018   2017 Net loss - GAAP   $ (1,343 )   $ (2,026 )   $ (5,236 )   $ (6,911 ) Amortization of intangibles   1,046     1,102     2,143     2,170   Stock-based compensation expense   739     852     1,592     1,812   Employee termination and other non-recurring costs   —     —     195     —   Foreign exchange transaction (gain) loss (a)   (416 )   175     (117 )   290   Tax effect on the foregoing   (269 )   (669 )   (755 )   (1,103 ) Change in valuation allowance (b)   806     1,274     1,759     3,123   Net income (loss) - Non-GAAP   $ 563     $ 708     $ (419 )   $ (619 )                   Net income (loss) per common share - Non-GAAP:                 Basic and diluted   $ 0.03     $ 0.04     $ (0.02 )   $ (0.04 )                   Weighted average number of common shares outstanding:                 Basic   17,140     16,446     16,942     16,354   Diluted   17,296     16,497     16,942     16,354  

    (a) We changed our definition of non-GAAP net income (loss) and non-GAAP net income (loss) per common share to exclude the impacts of realized and unrealized foreign exchange transaction gains and losses since such gains and losses are not indicative of operating performance in any particular period. If we had presented non-GAAP net income (loss) and non-GAAP net income (loss) per common share consistent with our prior practice, the non-GAAP net income and non-GAAP net income per common share would have been $0.3 million and $0.02 per common share, respectively, greater than the amounts reported in the table for the three months ended June 30, 2018, and $0.1 million and $0.01 per common share, respectively, less than the amounts reported in the table for the three months ended June 30, 2017. The non-GAAP net loss would have been $0.1 million less than the amounts reported in the table for the six months ended June 30, 2018, with no change in the non-GAAP net loss per common share, and $0.2 million and $0.01 per common share, respectively, greater than the amounts reported in the table for the six months ended June 30, 2017.

    (b) Represents an increase in deferred tax asset valuation allowance on additional United States net operating losses.

      KVH INDUSTRIES, INC. AND SUBSIDIARIES RECONCILIATION OF GAAP NET LOSS TO NON-GAAP EBITDA AND NON-GAAP ADJUSTED EBITDA (in thousands, unaudited)       Three Months EndedJune 30,   Six Months EndedJune 30,     2018   2017   2018   2017 GAAP net loss   $ (1,343 )   $ (2,026 )   $ (5,236 )   $ (6,911 ) Income tax expense   329     356     507     516   Interest expense, net   273     190     534     377   Depreciation and amortization   3,238     2,716     6,288     5,477   Non-GAAP EBITDA   2,497     1,236     2,093     (541 ) Stock-based compensation expense   739     852     1,592     1,812   Employee termination and other non-recurring costs   —     —     195     —   Foreign exchange transaction (gain) loss (a)   (416 )   175     (117 )   290   Non-GAAP adjusted EBITDA   $ 2,820     $ 2,263     $ 3,763     $ 1,561  

    (a) We changed our definition of non-GAAP adjusted EBITDA to exclude the impacts of realized and unrealized foreign exchange transaction gains and losses since such gains and losses are not indicative of operating performance in any particular period. If we had presented non-GAAP adjusted EBITDA consistent with our prior practice, non-GAAP adjusted EBITDA would have been $0.4 million greater and $0.2 million lower, respectively, than the amounts presented in the table for the three months ended June 30, 2018 and 2017, respectively. If we had presented non-GAAP adjusted EBITDA consistent with our prior practice, non-GAAP adjusted EBITDA would have been $0.1 million greater and $0.3 million lower, respectively, than the amounts presented in the table for the six months ended June 30, 2018 and 2017, respectively.

      KVH INDUSTRIES, INC. AND SUBSIDIARIES REVENUE AND OPERATING INCOME (LOSS) BY SEGMENT (in millions except for percentages, unaudited)   Segment Net Sales   Three Months EndedJune 30,   Six Months EndedJune 30,     2018   2017   2018   2017 Mobile connectivity sales                 Product   $ 8.1     $ 8.9     $ 16.0     $ 18.7   Service   25.7     25.2     50.5     49.6   Net sales   $ 33.8     $ 34.1     $ 66.5     $ 68.3                     Inertial navigation sales                 Product   $ 8.1     $ 5.4     $ 14.2     $ 10.5   Service   1.5     1.0     2.8     1.9   Net sales   $ 9.6     $ 6.4     $ 17.0     $ 12.4   Operating Income (Loss)   Three Months EndedJune 30,   Six Months EndedJune 30,     2018   2017   2018   2017 Mobile connectivity   $ 1.1     $ 2.6     $ 2.2     $ 3.3   Inertial navigation   1.6     0.4     1.9     0.3       2.7     3.0     4.1     3.6   Unallocated   (3.9 )   (4.4 )   (8.5 )   (9.4 ) Loss from operations   $ (1.2 )   $ (1.4 )   $ (4.4 )   $ (5.8 )     Three Months EndedJune 30,   Six Months EndedJune 30,     2018   2017   2018   2017 Mobile Connectivity Revenue Components   (percentage of net sales) Product sales   19 %   22 %   19 %   23 % mini-VSAT Broadband airtime   40 %   41 %   40 %   40 % Content and training   18 %   20 %   18 %   20 % Inertial Navigation Revenue Components                 FOG-based products   15 %   12 %   14 %   11 % Tactical navigation products   3 %   2 %   3 %   2 % KVH INDUSTRIES, INC. AND SUBSIDIARIES NON-GAAP EPS GUIDANCE (unaudited)       Third QuarterFiscal 2018 (Projected)   Full YearFiscal 2018 (Projected) Net loss per common share   $(0.10) - $(0.05)   $(0.44) - $(0.21)           Estimated amortization of intangibles (a)   $0.06   $0.23 Estimated stock-based compensation expense   $0.05   $0.22 Estimated tax effect   $(0.02)   $(0.09) Change in valuation allowance (b)   $0.04 - $0.03   $0.20 - $0.13           Non-GAAP net income per common share (c)   $0.03 - $0.07   $0.12 - $0.28

    (a) Includes amortization of intangible assets resulting from acquisitions.

    (b) Represents incremental forecasted valuation allowance that we expect to record against additional deferred tax assets generated in 2018.

    (c) Assumes no significant change in realized and unrealized foreign exchange transaction gains and losses.

      KVH INDUSTRIES, INC. AND SUBSIDIARIES NON-GAAP ADJUSTED EBITDA GUIDANCE (in millions, unaudited)       Third QuarterFiscal 2018 (Projected)   Full YearFiscal 2018 (Projected) GAAP net loss   $(1.7) - $(0.7)   $(7.5) - $(3.5)           Estimated income tax provision   $0.1   $0.9 Estimated interest expense, net   $0.3   $0.9 Estimated depreciation and amortization (a)   $3.4   $14.0 Estimated stock-based compensation expense   $0.9   $3.7           Non-GAAP adjusted EBITDA(b)   $3.0 - $4.0   $12.0 - $16.0

    (a) Reflects amortization of intangible assets resulting from acquisitions and depreciation of fixed assets.

    (b) Assumes no significant change in realized and unrealized foreign exchange transaction gains and losses.

              Contact:   KVH Industries, Inc.   FTI Consulting     Donald W. Reilly   Christine Mohrmann     401-608-8977   212-850-5600     dreilly@kvh.com    

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    CyberArk Adds Credential Theft Blocking to Expand Privilege Protection at the Endpoint | killexams.com real questions and Pass4sure dumps

    NEWTON, Mass. & PETACH TIKVAH, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced new behavioral analytics to block and contain advanced threats targeting credential theft at the endpoint. CyberArk Viewfinity, with enhanced threat protection features, is now available as CyberArk Endpoint Privilege Manager.

    CyberArk also released new research from CyberArk Labs today demonstrating security weaknesses in Windows operating systems that allow attackers with local administrator rights to steal and use encrypted service credentials to achieve lateral movement and full domain compromise. This research supports a recent FBI flash alert that recommends prioritizing credential protection, including implementing least privilege and restricting local accounts, to limit a threat actor’s ability to gain highly privileged account access and move throughout a network.

    CyberArk Endpoint Privilege Manager protects against advanced threats that exploit privileged credentials by interlocking three core capabilities: privilege management, application control and new targeted credential theft detection and blocking to stop and contain damaging attacks at the endpoint.

    According to testing done by CyberArk Labs on more than 150,000 ransomware samples, the removal of local administrator rights, combined with application control and greylisting, was 100 percent effective in preventing this ransomware from encrypting files. Despite recognition that the removal of local administrator rights on the endpoint is an established best practice, a recent survey highlighted that an alarming 62 percent of organizations have not taken steps to remove them.1

    “Even if malware disappeared tomorrow, attacks and breaches would still occur. Organizations need to be thinking about long term solutions, not just addressing the latest threat in the headlines,” said Adrian Sanabria, senior security analyst, 451 Research. “With attackers getting better and better at evading short-term prevention methods, organizations must also focus efforts on reducing the endpoint attack surface and hardening, including defending admin privileges against malicious abuse.”

    Reducing the Attack Surface with Privilege Security on the EndpointCyberArk Endpoint Privilege Manager now helps organizations detect and block credential theft attempts by malicious users and applications including Windows credentials, remote access application credentials and those credentials stored by popular web browsers such as corporate network and cloud applications. CyberArk is also able to block hash harvesting at the endpoint to prevent Pass-the-Hash, an attack leveraging stolen credentials.

    New targeted behavioral analytics are based on cyber threat detection technology acquired from Cybertinel last year, combined with continuous research from CyberArk Labs focused on identifying common privileged account-based attack patterns and malware behavior to further reduce the risk of emerging threats. These new capabilities complement enterprise security best practices for hardening the endpoint, including:

  • Removing local administrator credentials: CyberArk automates the removal of local administrator rights to reduce risk while alleviating pressure on help desk support, and minimizing impact on user activity by seamlessly elevating privileges for authorized applications or tasks.
  • Enabling flexible application control: CyberArk application control capabilities, featuring automatic policy creation, allow organizations to prevent malicious applications from executing and utilize greylisting to run unknown applications in a restricted mode.
  • Additionally, by focusing specifically on detecting and containing credential theft at the endpoint, security teams are alerted on the specific threats that can pose the most danger to an organization, allowing them to reduce “noise” and prioritize remediation efforts accordingly.

    “Instead of adding layer after layer of preventative endpoint security controls on a weak foundation, CyberArk offers customers a different, proactive approach – one that prioritizes securing privilege across the organization and extends it to the endpoint,” said Roy Adar, senior vice president, product management, CyberArk. “We know advanced attacks start at the endpoint with attackers going after credentials, so we combined powerful technology, deep research and known best practices to stop them from advancing and doing damage.”

    With CyberArk Endpoint Privilege Manager as part of the CyberArk Privileged Account Security Solution, customers gain a complete, centralized solution to protect, monitor, detect, alert and respond to privileged account activity. Additionally, the CyberArk Discovery and Audit (DNA) tool v7.0 helps organizations broaden their visibility into privileged accounts and privileged account risks by extending discovery capabilities into public cloud environments and uncovering credential-harvesting risks at the endpoint.

    AvailabilityCyberArk Endpoint Privilege Manager, previously CyberArk Viewfinity, will be available in Q4 2016 via direct sale or through CyberArk’s network of global channel partners. The product is available as a single agent and part of the CyberArk Privileged Account Security Solution. CyberArk Endpoint Privilege Manager is available as a SaaS or on-premises solution. For more information visit: http://www.cyberark.com/endpoint-privilege-manager.

    Additional Resources

    1- CyberArk Global Advanced Threat Landscape Survey 2016

    About CyberArkCyberArk is the only security company focused on eliminating the most advanced cyber threats; those that use insider privileges to attack the heart of the enterprise. Dedicated to stopping attacks before they stop business, CyberArk proactively secures against cyber threats before attacks can escalate and do irreparable damage. The company is trusted by the world’s leading companies – including 45 percent of the Fortune 100 – to protect their highest value information assets, infrastructure and applications. A global company, CyberArk is headquartered in Petach Tikvah, Israel, with U.S. headquarters located in Newton, Mass. The company also has offices throughout EMEA and Asia Pacific and Japan. To learn more about CyberArk, visit www.cyberark.com, read the company blog, http://www.cyberark.com/blog/, follow on Twitter @CyberArk or Facebook at https://www.facebook.com/CyberArk.

    Forward-Looking StatementsThis release may contain forward-looking statements, which express the current beliefs and expectations of CyberArk’s (the “Company”) management. In some cases, forward-looking statements may be identified by terminology such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential” or the negative of these terms or other similar expressions. Such statements involve a number of known and unknown risks and uncertainties that could cause the Company’s future results, performance or achievements to differ significantly from the results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause or contribute to such differences include risks relating to: changes in the rapidly evolving cyber threat landscape; failure to effectively manage growth; near-term declines in the Company’s operating and net profit margins and its revenue growth rate; real or perceived shortcomings, defects or vulnerabilities in the Company’s solutions or internal network system, or the failure of the Company’s customers or channel partners to correctly implement the Company’s solutions; fluctuations in quarterly results of operations; the inability to acquire new customers or sell additional products and services to existing customers; competition from IT security vendors; the Company’s ability to successfully integrate recent and or future acquisitions; and other factors discussed under the heading “Risk Factors” in the Company’s most recent annual report on Form 20-F filed with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

    Copyright © 2016 CyberArk Software. All Rights Reserved. All other brand names, product names, or trademarks belong to their respective holders.



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