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Intermec, Inc. News Release
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Intermec Announces Restructuring Plan
Tue, 12 Jun 2012 20:08:02 GMT

EVERETT, Wash.--(BUSINESS WIRE)--Jun. 12, 2012-- Intermec, Inc. (NYSE:IN), today announced a corporate restructuring plan to better align its cost structure with its current and anticipated needs by lowering costs primarily in North America and Europe. The restructuring plan seeks to lower the company’s general and administrative and support costs while limiting the impact on research and development and global sales operations, especially in higher growth regions such as Asia, Latin America, Middle East and Eastern Europe. “These are difficult business decisions that I realize directly affect many people,” said Inter...
ecom instruments and Intermec Announce New Intrinsically Safe Handheld Mobile Computer
Mon, 11 Jun 2012 12:00:09 GMT

The i.roc Ci70 -Ex offers unique industry-firsts among intrinsically safe mobile computers HOUSTON & EVERETT, Wash.--(BUSINESS WIRE)--Jun. 11, 2012-- Ecom instruments Inc. (subsidiary of ecom instruments GmbH of Assamstadt, Germany) and Intermec, Inc. (NYSE: IN) of Everett, WA are pleased to announce the Canadian premier of their new intrinsically safe handheld mobile computer for use in hazardous environments that include oil refineries and drilling platforms, petrochemical, pharmaceutical production, agriculture processing and other explosion-classified environments. The new i.roc Ci70 -Ex is the first product o...
Wall-to-Wall Vocollect Voice Warehouse Solution Transforms Glanbia plc Distribution Operations with Double-Digit Improvements
Thu, 31 May 2012 15:00:23 GMT

60 percent productivity improvement in food warehouse; 95 percent improvement in milk warehouse; 75 percent accuracy improvement DUBLIN & PITTSBURGH--(BUSINESS WIRE)--May. 31, 2012-- Vocollect, a business unit of Intermec, Inc. (NYSE:IN) and the market leader in voice-centric solutions for mobile workers, today announced that Irish-based International Total Solution Partner Heavey RF Group has delivered double-digit productivity gains and accuracy improvements with a voice solution for customer Glanbia plc, an international nutritional solutions and cheese group. The solution uses Vocollect Voice not...
Intermec Reports Final First Quarter 2012 Results
Wed, 16 May 2012 21:20:56 GMT

GAAP Loss of $(242.1) and negative EPS of $(4.03) per fully diluted share Revenue and Non-GAAP Results Unchanged EVERETT, Wash.--(BUSINESS WIRE)--May. 16, 2012-- Intermec, Inc. (NYSE: IN), in its Form 10Q filed today, issued final GAAP financial results for the quarter ended April 1, 2012 reflecting a GAAP loss of $(242.1) million, or $(4.03) per diluted share. Two non-cash adjustments, a valuation allowance for deferred tax assets and an impairment charge against the Company’s goodwill balance, caused the GAAP loss to be greater than the Company’s preliminary results anno...
Patrick Byrne Departs as Intermec’s Chief Executive Officer
Tue, 01 May 2012 13:00:58 GMT

EVERETT, Wash.--(BUSINESS WIRE)--May. 1, 2012-- Intermec, Inc. (NYSE:IN) today announced the departure of President, Chief Executive Officer and Board member Patrick J. Byrne. Chairman of the Board Allen J. Lauer, will serve as Interim Chief Executive Officer and President, effective immediately, until a permanent successor is in place, and will continue to serve as Chairman of the Board. In a related change, the company announced that Board member Stephen P. Reynolds will serve as Lead Independent Director and will succeed Mr. Lauer in the position of Chairman of the Company’s Governance and Nominating Committee. ...
Intermec Reports Preliminary First Quarter 2012 Results
Tue, 01 May 2012 13:00:58 GMT

Q1 Revenue increased year over year to $179.7 million Preliminary GAAP EPS ($0.27) per fully diluted share; Non-GAAP EPS of ($0.21) Adjusted EBITDA of ($6.9) million Final results subject to impairment analysis and deferred tax asset balances EVERETT, Wash.--(BUSINESS WIRE)--May. 1, 2012-- Intermec, Inc. (NYSE:IN) today announced preliminary financial results for its first quarter ended April 1, 2012. First quarter 2012 revenues were $179.7 million, with preliminary net (loss) on a GAAP basis of ($16.4) million or ($0.27) per di...
Intermec Strengthens Printer Portfolio with Industry’s Fastest Mid-Range Industrial Label Printers
Mon, 30 Apr 2012 13:01:00 GMT

Third generation industrial printers maximize uptime and reduce maintenance costs EVERETT, Wash.--(BUSINESS WIRE)--Apr. 30, 2012-- Intermec, Inc. (NYSE: IN) today announced the PM43 and PM43c industrial mid-range label printers, featuring the fastest throughput in their class. Suited for harsh industrial environments including transportation, manufacturing and distribution centers, the metal-constructed PM43 and more compact PM43c printers are built to perform by increasing uptime and reducing maintenance costs. Built on more than 40 years of printing innovation history, the PM43 and PM43c mark the newe...
Intermec Schedules Q1 2012 Financial Results Conference Call
Thu, 19 Apr 2012 22:50:27 GMT

EVERETT, Wash., Apr 19, 2012 (BUSINESS WIRE) --Intermec Inc. (NYSE:IN) plans to release its first quarter 2012 financial results after market close on Tuesday May 1, 2012. Conference Call: Tuesday May 1, 2012 at 5 p.m. Eastern Time (2 p.m. Pacific Time) Dial-in Numbers: 1-877-941-8609 1-480-629-9692 Passcode: INTERMEC ...
New Vocollect Solution Enables Fast Voice Implementations with No Host Changes and Nominal IT Resources
Thu, 19 Apr 2012 15:02:48 GMT

New host interface accelerates voice adoption across multiple workflows PITTSBURGH, Apr 19, 2012 (BUSINESS WIRE) --Vocollect, a business unit of Intermec, Inc. (NYSE:IN) and the world leader in voice solutions for mobile workers, today announced the introduction of Vocollect VoiceExpress, a new host interface solution that provides distribution center (DC) and warehouse operators with the benefits of voice across almost any distribution workflow quickly, by eliminating or reducing common customer adoption barriers of voice solutions. VoiceExpress is unique in that it allows Vocollect's certified partners to ...
Intermec Provides Financial Update
Tue, 17 Apr 2012 21:25:19 GMT

EVERETT, Wash., Apr 17, 2012 (BUSINESS WIRE) --Intermec, Inc. (NYSE:IN) today updated guidance for its first quarter 2012 revenue and adjusted earnings (loss) per share, which was previously issued on February 2, 2012. Due in part to significantly weaker than expected demand in Europe, the Company estimates Q1 2012 consolidated revenue to be approximately $180 million, down from its previously forecasted revenue range of $200 to $210 million. In addition, the Company updated its adjusted diluted earnings (loss) per share guidance for the first quarter to approximately ($0.24) per diluted share, based on currently estimated fi...

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