SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lanier Worldwide, Inc (LR) - Digital Document Management -- Ignore unavailable to you. Want to Upgrade?


To: davedb who wrote (18)12/1/1999 12:24:00 PM
From: Walter Morton  Respond to of 72
 
They are very different companies. We will see what happens.



To: davedb who wrote (18)12/1/1999 12:50:00 PM
From: Walter Morton  Respond to of 72
 
10-Q Filed on 11/23/99: Quarterly report which provides a continuing view of a company's financial position



To: davedb who wrote (18)12/6/1999 4:50:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 72
 
Lanier Worldwide, Inc. Announces Fiscal Second Quarter Expectations

ATLANTA, Dec. 6 /PRNewswire/ -- Lanier Worldwide, Inc. (NYSE: LR - news) announced today that based on results through November 1999 management estimates for the second fiscal quarter ending December 31, 1999 are as follows:

Revenue $342-358 million
Net Income $9-11 million
EBITDA $60-62 million
Earnings per share $0.10-0.12 [just one quarter]

The company expects to announce its actual second quarter results in late January 2000. Lanier's fiscal year ends on the Friday nearest June 30.

Wesley E. Cantrell, Chairman of the Board and Chief Executive Officer, said "The December quarter has traditionally been the second strongest quarter of our fiscal year, with our June quarter being the strongest. We expect this fiscal year's second quarter net income to be softer than in prior years, but anticipate the second half will offset first half weakness. We believe continued industry pricing pressures, the effect of a strong Yen on our costs and Y2K uncertainty are contributors to second quarter softness."

Mr. Cantrell commented further on recent initiatives with respect to the company's capital structure: "On December 3, 1999 we implemented the stock repurchase program authorized by our Board on November 30, 1999 and the program is progressing. In addition, we are considering several alternatives to refinance a portion of our outstanding debt to reduce our cost of borrowing."

With 1,600 sales and service locations worldwide, Lanier Worldwide, Inc. and its dealer network form one of the largest global providers of document management solutions. Every day, Lanier and its dealers help customers in more than 100 countries create, enhance and distribute high-quality documents with greater speed, efficiency and economy. Lanier maintains an intense customer focus-called Customer Vision©-and employs DOCutivity©, a document lifecycle approach designed to improve business productivity. Lanier's comprehensive document management solutions portfolio includes digital color copier/printers, black-and-white digital copier/printers, multifunction devices, digital dictation systems, print-on-demand applications and a variety of outsourcing services. Lanier also develops specialized solutions for the healthcare, real estate, legal and manufacturing industries. Lanier was founded in 1934, and is headquartered in Atlanta, Georgia, U.S.A. For more information, please visit Lanier's Web site at www.lanier.com.

Note: For further information, please contact Greg Beil, Vice President, Investor Relations, at 770-621-1076.

SOURCE: Lanier Worldwide, Inc.

biz.yahoo.com



To: davedb who wrote (18)12/9/1999 4:38:00 AM
From: Walter Morton  Respond to of 72
 
[Commerce Business Daily: Posted in CBDNet on December 2, 1999]
[Printed Issue Date: December 6, 1999]
From the Commerce Business Daily Online via GPO Access[cbdnet.access.gpo.gov]
PART: U.S. GOVERNMENT PROCUREMENTSSUBPART: SERVICES
CLASSCOD: J--Maintenance, Repair, and Rebuilding of Equipment
OFFADD: Chief, A&MM Service (90C), Department of Veterans Affairs
Medical Center, 1 Freedom Way, Augusta, GA 30904-6285
SUBJECT: J--MAINTENANCE OF DICTATION SYSTEMSSOL RFP 509-18-00DUE 122099
POC Sylvia D. Henry (706) 731-7175
DESC: VA Medical Center, Augusta, Georgia contemplates negotiation
of a sole source procurement with Lanier Worldwide, 2743 Perimeter
Parkway, Augusta, Georgia for complete maintenance of a Lanier
Voice Writer 64NT dictation system and another dictation system
located in Radiology which is comprised of various components
for the period January 1, 2000 through September 30, 2000.
Maintenance shall include routine, after hours, software and
monitoring. Negotiations to begin on or about 12/21/99. Applicable
SIC code is 7378. This Notice of Intent is NOT a request for
competitive proposals. However, all proposals received within
15 days after publication of this synopsis will be considered
by the Government. Interested parties may identify their interest
and capability by submitting proposals and literature, detailing
how their service meets the VA requirements, to the Contracting
Officer or by fax to &706) 731-7172. A determination by the
Government not to compete this proposed contract based on responses
to this notice is solely within the discretion of the Government.
"See Note 22." CITE: (W-336 SN405165)



To: davedb who wrote (18)12/23/1999 2:48:00 PM
From: Walter Morton  Read Replies (2) | Respond to of 72
 
Lanier to Launch New Product Line After the 1st of the Year (2000):

Digital Voice Recorder with a bar code reader to be used by doctors.

See LR's new Cquence Mobile product at about five minutes into this interview:

biz.yahoo.com



To: davedb who wrote (18)1/13/2000 9:34:00 AM
From: Walter Morton  Respond to of 72
 
CEO under knife:

biz.yahoo.com



To: davedb who wrote (18)1/19/2000 6:33:00 PM
From: Walter Morton  Respond to of 72
 
Lanier has updated its web site to include its newest product line:

lanier.com

But still a work in progress as of 1/19/2000.



To: davedb who wrote (18)1/29/2000 12:55:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 72
 
Finally: lanier.com

Now, we just need the press releases. Fred Falk, CEO of e.Digital (EDIG), recently stated that Lanier would launch its Cquence product line after the 1st of January, 2000. e.Digital designed the product in the link above for Lanier.



To: davedb who wrote (18)2/23/2000 1:32:00 PM
From: Walter Morton  Respond to of 72
 
News:

biz.yahoo.com



To: davedb who wrote (18)4/6/2000 11:40:00 AM
From: Walter Morton  Respond to of 72
 
The VAMC, Birmingham, AL intends to negotiate with Lanier Worldwide on a sole source basis for the purchase and installation of all equipment and supplies required to add 31 dictate stations for the existing Lanier Digital Dictation System (Voicewriter 64 NT voice server). Any offeror purporting to be able to furnish this equipment may submit a written response demonstrating such capability, including references, by April 14, 2000.

frwebgate1.access.gpo.gov



To: davedb who wrote (18)4/12/2000 8:06:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 72
 
Tuesday April 11, 2000

Lanier Worldwide Inc. Completes $50 Million Securitization of Trade Receivables

ATLANTA, April 11 /PRNewswire/ -- Lanier Worldwide, Inc. (NYSE: LR - news) announced today the completion of a $50 million securitization of its domestic trade receivables agented by Wachovia Securities, Inc. This action will save more than $500,000 in fees and interest in the first year. To date, $42.5 million of the $50 million has been funded with the balance to be funded as receivable balances change.

``This is the first part of our plan to reduce the cost of borrowing and diversify our sources of funding,' said James MacLennan, Executive Vice President and Chief Financial Officer. ``These funds will be used to pay down our $250 million term loan,' he added.

In addition, the company has mandated Banc One Capital Markets, Inc. and Wachovia Securities, Inc. to co-arrange a $200 million lease securitization facility. The agents are completing their due diligence on this facility and the company expects it to close before July 2000, assuming rates and market conditions remain similar.

At the time of the company's spin-off from Harris Corporation, Inc. on November 5, 1999, the company's total debt was $732 million. As of today, the company's total debt has been reduced to $632 million.

biz.yahoo.com



To: davedb who wrote (18)6/29/2000 3:55:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 72
 
Sears Signs Multi-Million Dollar Contract With Lanier

Lanier to Provide Networked Hewlett-Packard Digital Printer/Copiers to Sears Department Stores Across the United States.

ATLANTA, June 29 /PRNewswire/ -- Lanier Worldwide, Inc. (NYSE: LR - news) today announced its selection by Sears, Roebuck and Co., Hoffman Estates, Ill., for a multi-million dollar contract to deliver, install and maintain 869 HP Mopier 240 digital printer/copiers at Sears department stores across the United States. The networked Hewlett-Packard units will replace a variety of aging printers and stand-alone analog copiers.

``We look forward to replacing multiple dot matrix printers and stand-alone analog copiers at each location with the networked capabilities and increased efficiencies of these digital printer/copier units,'' said Michael LeRoy, Director, Retail Systems for Sears. ``We also are pleased to be combining the strengths of Hewlett- Packard equipment with Lanier's nationwide customer service.''

Paul Anderson, Vice President of Worldwide Marketing for Lanier, also noted, ``This latest sales and service contract builds on our 17-year association with Sears, one that's based on providing them with the best possible document management solutions.''

The Mopier 240 units utilize HP's network management utility (WebJet Admin) which will allow Sears to communicate with each of the new devices from its home office. The Mopier 240 also offers the advantage of a higher duty cycle (up to 130K/month) than others on the market.``

Manufactured by Hewlett-Packard, each Mopier 240 functions both as a digital printer and full-function copier. When integrated into an office's digital network, the innovative device allows office staff to make copies directly from a command screen on their desktop computers -- so they can copy, collate, and duplex without even being in the same room as the copier. This eliminates the walk-and-wait time loss of traditional copying, since all print and copy commands can be made without leaving one's desk.

biz.yahoo.com