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250-511 | Administration of Symantec(TM) Data Loss(R) Prevention 11

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250-511 - Administration of Symantec(TM) Data Loss(R) Prevention 11 - braindump

Vendor Symantec
Exam Number 250-511
Exam Name Administration of Symantec(TM) Data Loss(R) Prevention 11
Questions 176 Q & A
Recent Update August 15, 2018
Free PDF Download 250-511 Brain Dump
Download Complete PDF Killexams 250-511 Complete Document


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250-511 exam Dumps Source : Administration of Symantec(TM) Data Loss(R) Prevention 11

Test Code : 250-511
Test Name : Administration of Symantec(TM) Data Loss(R) Prevention 11
Vendor Name : Symantec
Q&A : 176 Real Questions

Administration of Symantec(TM) Data

traders Digesting carefully Watched month-to-month Jobs information | killexams.com Real Questions and Pass4sure dumps

(RTTNews) - The most important U.S. index futures are pointing to a roughly flat opening on Friday, as traders seem to be reluctant to make any huge moves as they digest the Labor department's carefully watched monthly jobs record.

The Labor department released a record displaying weaker than anticipated job increase in the month of July due partly to a drop in govt employment and the closing of Toys "R" Us retailers.

whereas employment rose by way of below expected in July, the record also showed tremendous upward revisions to the increases in employment in can also and June.

An historical milestone for Apple (AAPL) contributed to a considerable advance by means of the tech-heavy Nasdaq right through trading on Thursday, whereas renewed alternate war concerns weighed on one of the other Dow accessories.

The fundamental averages consequently ended the day blended. whereas the Dow edged down 7.66 points or less than a tenth of a % to 25,326.16, the Nasdaq jumped ninety five.forty facets or 1.2 p.c to 7,802.sixty nine and the S&P 500 climbed 13.86 aspects or 0.5 percent to 2,827.22.

The rally with the aid of the Nasdaq came amid a endured enhance via shares of Apple, which surged up with the aid of 2.9 % to a new checklist closing high after soaring through 5.9 p.c on Wednesday.

With the jump, Apple grew to be the first U.S. enterprise to reach a $1 trillion market capitalization as merchants persevered to react positively to its upbeat fiscal third quarter consequences and counsel.

however, trade considerations weighed on one of the crucial different Dow components after President Donald Trump's administration established reviews it's in view that elevating the fee of tariffs on chinese language imports.

U.S. exchange consultant Robert Lighthizer stated Trump has directed him to consider expanding the proposed tariff rate on $200 billion price of chinese goods to 25 p.c from the in the past introduced 10 percent.

"The Trump Administration continues to induce China to cease its unfair practices, open its market, and have interaction in proper market competitors," Lighthizer said. "we have been very clear concerning the selected alterations China may still undertake."

He delivered, "unfortunately, as an alternative of changing its unsafe behavior, China has illegally retaliated against U.S. laborers, farmers, ranchers and groups."

In response, China reiterated its probability to retaliate, with the chinese Ministry of Commerce declaring the communist country fully organized to preserve its dignity and the pastimes of its americans.

A day ahead of the liberate of the monthly jobs document, the Labor branch launched a record displaying a modest raise in preliminary jobless claims in the week ended July 28th.

The record noted initial jobless claims inched up to 218,000, an uptick of 1,000 from the old week's unrevised stage of 217,000. Economists had expected jobless claims to upward push to 220,000.

A separate file from the Commerce branch showed manufacturing facility orders climbed with the aid of 0.7 p.c in June, matching economist estimates.

Biotechnology stocks showed a significant circulation to the upside over the route of the session, driving the NYSE Arca Biotechnology Index up through 1.5 %.

Regeneron pharmaceuticals (REGN) posted a standout profit after the biotech business suggested second quarter results that surpassed analyst estimates on both the exact and bottom strains.

considerable strength additionally emerged amongst retail stocks, as reflected by way of the 1.four % benefit posted with the aid of the Dow Jones Retail Index.

Tobacco, computer hardware, and telecom shares also moved exceptionally higher, while metal stocks moved sharply lower amid concerns in regards to the affect of the exchange dispute between the U.S. and China.

within the metal sector, U.S. steel (X) posted a very steep loss regardless of reporting stronger than anticipated 2d quarter outcomes.

Commodity, foreign money Markets

Crude oil futures are slipping $0.01 to $sixty eight.95 a barrel after jumping $1.30 to $68.96 a barrel on Thursday. in the meantime, after falling $7.50 to $1,220.10 an ounce in the previous session, gold futures are rising $three.70 to $1,223.80 an oz..

On the foreign money entrance, the U.S. dollar is buying and selling at 111.40 yen in comparison to the 111.sixty six yen it fetched at the shut of new york trading on Thursday. against the euro, the dollar is valued at $1.1605 in comparison to the day gone by's $1.1585.

Asia

Asian shares ended mixed on Friday, as caution prevailed amid renewed change concerns and ahead of the free up of the U.S. jobs facts for July later within the day.

China's Shanghai Composite Index dropped 27.58 elements or 1 % to 2,740.forty four after a survey from Caixin confirmed China's services sector endured to extend in July, albeit at a slower pace. Hong Kong's hang Seng Index edged down 38.24 features or 0.1 percent to 27,676.32.

The carrier sector PMI stood at fifty two.8, down from fifty three.9 within the outdated month as new orders accelerated at their weakest rate in more than two and a half years.

eastern shares closed roughly flat as change warfare jitters and caution ahead of key U.S. jobs information saved investors on the sidelines. The Nikkei 225 Index inched up 12.sixty five points or 0.1 p.c to 22,525.18, while the broader Topix Index closed 0.5 percent reduce at 1,742.fifty eight, dragged down by using banks.

Suzuki Motor jumped eight.6 % after the automaker posted a checklist-excessive working income within the first quarter. then again, Toyota Motor shed 0.9 percent despite reporting a 19 % rise in first quarter gains, beating estimates.

In economic information, the functions sector in Japan endured to extend in July, albeit at a slower tempo, the newest survey from Nikkei confirmed with a PMI score of 51.three, down from 51.4 in the outdated month.

Minutes from the financial institution of Japan's June meeting showed that board members had been involved about soft inflation and the rising can charge of extremely-unfastened economic coverage.

Australian shares fluctuated before closing marginally decrease on trade struggle concerns. Weaker base steel costs on considerations over a world trade warfare weighed on the mining sector, with BHP Billiton dropping 1.6 p.c and Rio Tinto ending down 1.four percent. Banks ANZ, Commonwealth and Westpac fell round 1 p.c.

meanwhile, a weaker Aussie dollar helped lift healthcare stocks, with Cochlear and CSL rising half a percent and 1 percent, respectively.

power stocks comparable to Woodside Petroleum and origin power rose 1-2 % after U.S. crude futures rose very nearly 2 p.c on Thursday amid expectations that inventories would soon decline again.

On the data front, retail earnings figures for June topped forecasts, whereas a survey confirmed Australia's carrier sector undertaking improved at a tons slower rate in July.

Europe

European shares are buying and selling better on Friday because the euro and pound have fallen towards the greenback, helping raise exporters.

while the U.ok.'s FTSE a hundred Index has superior via 0.eight p.c, the German DAX Index is up by 0.5 % and the French CAC forty Index is up via 0.3 p.c.

In financial news, euro enviornment inner most sector increase eased in July, ceding most of the momentum won in the prior month, records from IHS Markit showed.

The composite output index fell to fifty four.three in July from fifty four.9 in June, in response to the flash estimate. The slowdown changed into above all established on the service sector, where boom eased from June's four-month high.

Eurozone retail revenue grew at a gentle pace of 0.three p.c sequentially in June, driven by meals income, Eurostat figures confirmed. sales had been anticipated to climb 0.four p.c.

in different places, British service sector growth eased more than anticipated in July to the weakest stage in three months, survey facts from IHS Markit confirmed.

French lender credit score Agricole has jumped after its 2nd quarter core profit jumped 20 % from ultimate yr, helped with the aid of transforming into revenues in most enterprise divisions.

Royal financial institution of Scotland has also rallied in London on information it would pay its first dividend in a decade.

Packaging and paper neighborhood Mondi has soared after it stated a 25 p.c boost in half-year underlying profit, helped by using bigger selling fees and good demand.

in the meantime, Swiss Re has moved to the downside. After reporting a drop in first-half web income, the reinsurance company stated it is planning a inventory market listing subsequent yr for its U.ok. unit.

British Airways guardian IAG has slumped after reporting its half-year effects. Bookmaker William Hill has additionally fallen sharply after it swung to an immense loss within the 26 weeks to June twenty seventh.

U.S. financial reports

Partly reflecting a drop in government employment and the closing of Toys "R" Us stores, the Labor branch launched a report showing a great deal weaker than anticipated U.S. job increase in the month of July.

The Labor branch talked about non-farm payroll employment climbed with the aid of 157,000 jobs in July after spiking with the aid of an upwardly revised 248,000 jobs in June.

Economists had anticipated employment to raise by using about a hundred ninety,000 jobs in comparison to the bounce of 213,000 jobs originally suggested for the previous month.

despite the weaker than anticipated job boom, the unemployment rate edged all the way down to 3.9 % in July from four.0 p.c in June, matching estimates.

A separate document from the Commerce department confirmed the U.S. trade deficit widened within the month of June amid a rise in imports and a reduce in exports.

The report mentioned the trade deficit widened to $46.3 billion in June from a revised $43.2 billion in might also. The deficit had been anticipated to widen to $forty six.5 billion from the $forty three.1 billion firstly said for the outdated month.

At 10 am ET, the Institute for supply management is scheduled to liberate its document on undertaking within the carrier sector within the month of July.

The ISM's non-manufacturing index is anticipated to facet down to 58.6 in June from fifty nine.1 in July, besides the fact that children a reading above 50 would still indicate growth within the carrier sector.

stocks In focal point

Shares of Take-Two Interactive (TTWO) are relocating sharply bigger in pre-market trading after the video online game publisher suggested more advantageous than expected 2d quarter effects.

excessive-definition camera maker GoPro (GPRO) is additionally more likely to see early power after reporting a narrower than anticipated 2nd quarter loss on revenues that beat analyst estimates.

Shares of Kraft Heinz (KHC) may additionally additionally stream to the upside after the meals large reported second quarter outcomes that surpassed expectations on each the proper and backside strains.

then again, shares of Symantec (SYMC) are prone to come under pressure after the cybersecurity business pronounced improved than anticipated first quarter results but supplied disappointing assistance.

CBS Corp. (CBS) may also additionally see early weakness after the mass media business said 2nd quarter effects that beat expectations but CEO Les Moonves refused to handle allegations of sexual harassment

Shares of Shake Shack (SHAK) are additionally prone to movement to the draw back after the restaurant chain stated 2d quarter effects that handed analyst estimates but provided disappointing full-12 months identical keep earnings advice.


AntWorks(TM) proclaims series A Funding With Strategic investment by means of SBI Holdings, Inc. | killexams.com Real Questions and Pass4sure dumps

SINGAPORE, Jul 30, 2018 (PR Newswire Europe via COMTEX) -- SINGAPORE, July 30, 2018 /PRNewswire/ --

A SBI neighborhood and AntWorks(TM)three way partnership additionally Announcedto goal opportunities in

the Asian vicinity

AntWorks,a leading artificial Intelligence (AI) and clever Automation products and options enterprise, these days introduced their sequence A funding with a $15 million investment bySBIInvestment Co., Ltd.,a subsidiary of SBI Holdings,Inc.,which conducts investments and management of task capital dollars,at an undisclosed valuation.This funding will supply AntWorks with an impetus for his or her next level of growth in synthetic Intelligence & business RPA, gas R&D, enhance their advertising and marketing and income engine, and energise their foray into more moderen markets.

additionally, in an atypical display of dedication, a three way partnership betweenSBI and AntWorks changed into also announced to tap the tremendous alternatives within the rising AI area in South East Asia.

Fuelled by way of cognitive automation and desktop-researching capabilities, AntWorks supplies industry-ultimate RPA - that's powered by AI - the usage of its ANTstein(TM) platform to enterprises of all sizes. AntWorks offers a different code-free RPA product and its one-of-a-form Cognitive computer analyzing (CMR) engine - that is terribly swiftly changing OCR - is the most essential part to any Automation, RPA or digitisation journey for corporations because it ingests any facts type - Structured, Unstructured, Inferred, or picture information.

Asheesh Mehra, Founder and community CEO, says, "When Govind Sandhu and that i started AntWorks with a small, passionate community of individuals, the dream was to create an organization that might serve as a catalyst for organisations on their digitization event. SBI Holdings reposing this religion in us with each the funding and the joint venture is a validation and a chance to grow and are available into what we've at all times believed AntWorks will also be - a true chief forging a new course, reimagining enterprise as normal. these days I consider delight in our crew who've worked so tirelessly and gratitude against SBI Holdings and towards each worker, associate, analyst and neatly-wisher who has been on this adventure with us. might also we remain clean in our method, fearless in embracing trade and quick in gaining knowledge of, adapting and delivering on every little thing we stand for as AntWorks."

As a relatively new entrant, AntWorks has already made a worldwide impact in the area and is perpetually benchmarked towards opponents who had been within the area for far longer. The AntWorks differentiator is in bringing together all three items of the Automation puzzle, simply and beneath one umbrella - records Ingestion, RPA, and synthetic Intelligence.

"AntWorks' has risen in the course of the ranks of global RPA, Automation and artificial Intelligence corporations with a ferocity it's remarkable in the industry. we're excited with the chances of ANTstein(TM) and seem to be ahead to their increase within the Asian place through our three way partnership, as well as globally,"saidMr. Yoshitaka Kitao, representative Director, President, and CEO of SBI Holdings, Inc."SBI community is actively worried in introducing RPA solutions to fiscal associations in Japan and strongly believes in the way forward for this container."

Highlights of AntWorks' capabilities, enterprise automation options, and enterprise growth:

- offering solutions for approximately 450+ clients and with a presence in 4 continents, AntWorks is building a enterprise that works with a diverse latitude of verticals and creates exciting Deep Automation(TM) options for each industry. - Their intelligent automation platform - ANTstein[TM]has made an remarkable debut with its person-friendly interface, code free RPA environment, intuitive ML (laptop researching), & NLM (herbal Language Modelling) capabilities. - ANTstein(TM) is unmatched within the business for each its deep automation potential and its capability to meet distinct AI requirements across industries. - AntWorks' advanced capabilities in AI, NLP, and NLM, enable working towards of BOTs which are trained and extremely correct while performing larger-cost projects. - In a market this is growing to be at 10X multiples, AntWorks has the simplest conclusion-to-end automation providing available in the market built the use of the fundamentals of fractal science. - AntWorks has carried out at an annual revenue boom in three-digit multiples. - Analytics perception included AntWorks in their annual report of the ten most inventive agencies in laptop studying for July 2018. They have been also awarded the IDC Digital Disruptor of the 12 months for 2017 other than a number of other accolades and analyst mentions over the closing 18 months. - square, the new RPA product release, is slated for this autumn of this calendar 12 months and particulars could be released closer to launch.

"With this investment we are able to work together with SBI neighborhood to carry end-to-conclusion, AI-based mostly commercial enterprise RPA to the globe in a way no longer carried out before. Our purpose is to empower businesses in emerging markets like Philippines, India, China, etc. - by using unleashing the limitless expertise of computer learning and Cognitive Automation,"saysGovind Sandhu, Co-Founder and CFO, AntWorks.

"The funding that we have got and the repute of our investors will only bolster our efforts to forge ahead. Our ANTstein[TM]platform should be leveraged to automate administration and augment human judgement, growing new standards for fulfillment: collaboration capabilities, suggestions sharing, experimentation, studying, and resolution-making effectiveness. i'm enthusiastic about this funding from SBI neighborhood and that i welcome them to the board as their contribution will be online game-changing, for us at AntWorks and for the trade at big,"says Asheesh Mehrain his closing remarks.

have interaction with AntWorks:

talk over with our site:http://www.ant.works

observe us on Twitter:@AntWorksGlobal [https://twitter.com/AntWorksGlobal ]

join with us on LinkedIn:https://www.linkedin.com/business/antworks-reimagine-it

About AntWorks:

AntWorks is a global, artificial intelligence (AI) and clever automation enterprise; developing new possibilities with statistics through automation, digitization, and enterprise intelligence. They supply a special built-in, clever, automation enterprise-degree product it truly is powered through Fractal Science. We create intelligent integrated Automation Stacks that may ingest and process all types of facts - from structured to inferred facts- helping radically change an business's operations and creating new company models for them. AntWorks became situated with the aid of Asheesh Mehra, Co-Founder and neighborhood CEO; Govind Sandhu, Co-Founder and Chief fiscal Officer.

About SBI investment:

SBI investment, the core enterprise within the Asset administration company of the SBI neighborhood, operates and manages venture capital cash below the management philosophy to become the main company within the advent and incubation of core industries of the 21stcentury as a "new industry creator".

Media Contact: Pranjal Dutta pranjal@mavcommgroup.com +91-8450977901 picture: https://mma.prnewswire.com/media/724156/AntWorks_Logo.jpghttps://mma.prnewswire.com/media/724166/SBI_Holdings_Logo.jpghttps://mma.prnewswire.com/media/724158/SBI_Investment_Logo.jpg

Copyright (C) 2018 PR Newswire Europe


Symantec Helps uncover Cyber Espionage activity targeting satellite tv for pc, Telecom, Geospatial Imaging and protection agencies within the US and Southeast Asia | killexams.com Real Questions and Pass4sure dumps

MOUNTAIN VIEW, Calif.--(enterprise WIRE)--

Symantec Corp. (SYMC), the world’s main cyber safety enterprise, nowadays introduced that Symantec’s synthetic intelligence-based mostly focused attack Analytics (TAA) expertise helped researchers expose a new assault crusade from a group referred to as Thrip, which has infiltrated satellite communications, telecoms, geospatial imaging, and defense businesses in the u.s. and Southeast Asia. TAA’s superior AI know-how was instrumental in the discovery of the attack, alerting Symantec’s attack Investigations team to endeavor that on the floor looked innocuous however set them on the route to uncovering the newest campaign carried out by the Thrip group. Symantec has been monitoring Thrip when you consider that 2013, and has found new equipment and options used via the community during this most recent set of attacks.

TAA leverages AI and superior computer getting to know to comb via Symantec’s facts lake of telemetry with the intention to spot patterns linked to focused assaults. This technology pretty much automates what up to now took thousands of hours of analyst time and is attainable in Symantec’s advanced chance insurance plan (ATP) product. From an preliminary alert brought on with the aid of TAA in January 2018, Symantec researchers had been in a position to observe a trail that enabled them to check that the crusade originated from machines based in mainland China. the usage of these suggestions, TAA detected suspicious conduct regardless of the neighborhood’s use of reliable operating gadget aspects and community administration equipment in an try to dodge detection. TAA also uncovered the use of customized malware in these assaults, as well as making a choice on the kinds of businesses targeted. Cyber espionage is the community’s doubtless purpose, however given the neighborhood has revealed a methodology of compromising operational methods, it may undertake a greater aggressive, disruptive stance may still it choose to do so.

“here is probably espionage,” mentioned Greg Clark, Symantec CEO. “The Thrip group has been working due to the fact 2013 and their latest campaign makes use of usual operating device equipment, so focused companies gained’t note their presence. They function very quietly, blending in to networks, and are most effective found out the use of synthetic intelligence that can establish and flag their movements. Alarmingly, the group looks keenly interested in telecom, satellite tv for pc operators, and defense businesses. We stand able to work with appropriate authorities to handle this severe risk.”

Symantec has sharpened its efforts on community-resident malware, as the many vulnerabilities that are extensively normal in IOT devices present a brand new attack surface of excessive interest.

Thrip’s assault on telecoms and satellite operators exposes the opportunity that the attackers could intercept or even alter communications site visitors from enterprises and patrons. This has brought to becoming privateness issues that have been very seen recently with the deployment of the brand new GDPR laws as smartly because the VPNFilter attacks on internet routers. Symantec has responded through opening a new privacy middle and information coverage lab so as to deliver consumers with more manage over their data, and organizations with tools to support them responsibly manage the records they deal with. Symantec also offers a large choice of privateness solutions, reminiscent of Symantec VIP and Norton WiFi privacy.

Symantec has been conserving shoppers from Thrip-linked pastime on the grounds that 2013. the following protections are in vicinity to give protection to consumers towards Thrip:

File-based mostly insurance plan

clients of Symantec’s DeepSight Intelligence Managed Adversary and danger Intelligence (MATI) carrier have acquired diverse studies on “ATG14” (also referred to as Thrip), which detail methods of detecting and thwarting activities of this adversary.

For greater tips, please consult with the Symantec threat Intelligence weblog.

About Symantec

Symantec service provider (SYMC), the realm's leading cyber security business, helps corporations, governments and americans comfortable their most essential facts anywhere it lives. organizations across the world seem to be to Symantec for strategic, built-in solutions to look after against subtle attacks throughout endpoints, cloud and infrastructure. Likewise, a world community of greater than 50 million people and families rely on Symantec's Norton and LifeLock product suites to give protection to their digital lives at domestic and throughout their gadgets. Symantec operates one of the vital world's largest civilian cyber intelligence networks, allowing it to see and offer protection to against the most advanced threats. For additional information, please consult with www.symantec.com or join with us on fb, Twitter, and LinkedIn.

View supply edition on businesswire.com: https://www.businesswire.com/news/home/20180619006286/en/




Killexams.com 250-511 Dumps and Real Questions

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250-511 exam Dumps Source : Administration of Symantec(TM) Data Loss(R) Prevention 11

Test Code : 250-511
Test Name : Administration of Symantec(TM) Data Loss(R) Prevention 11
Vendor Name : Symantec
Q&A : 176 Real Questions

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250-511

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Korey Marc Ellingson | killexams.com real questions and Pass4sure dumps

Born July 7, 1966, in Anacortes, Wash., he departed this lifestyles on Friday, may 24, 2013. Marc is survived with the aid of his loving spouse of eleven years, Lisa Ellingson, and others. There should be a memorial celebration on Saturday, June 1, 2013, at 5 p.m. at Pioneer Park on Third Avenue in Billings.


5th District court docket news: Twin Falls County | killexams.com real questions and Pass4sure dumps

Monday Arraignments

Naomi Lea, 27, Twin Falls; domestic battery, own recognizance release, public defender denied, pretrial June 14.

Crystal Marie Porter, 33, Elko, Nev.; provide false tips, using with out privileges (2nd offense within five years), use an additional’s license as personal, $15,000 bond, public defender appointed, pretrial June 14.

Candice Lynn Kelly, 38, Twin Falls; using under the have an impact on — extreme, own recognizance free up, public defender appointed, pretrial may also 31.

Alec Peyton Wilcken, 20, Twin Falls; battery, $1,500 bond, public defender appointed, pretrial June 14.

Willie Ray Jones, 34, Twin Falls; illegal entry, malicious injury to property, $1,500 bond, public defender appointed, pretrial June 14.

Shannon Marie Weaver, 24, Twin Falls; battery, malicious harm to property, $2,500 bond, public defender appointed, pretrial June 14.

Quinton Anthony Miller, 26, Bliss; possession of a controlled substance, $50,000 bond, public defender appointed, preliminary hearing may additionally 13.

Quinton Anthony Miller, 26, Bliss; possession of marijuana, provide false assistance, personal recognizance liberate, public defender appointed, pretrial June 14.

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Jose Julio Mendoza-Duran, 39, Jerome; possession of a managed substance, $5,000 bond, public defender appointed, preliminary hearing may additionally 13.

Nicholas Andrew Penson, 18, Kimberly; possession of marijuana, possession of paraphernalia, personal recognizance unencumber, public defender appointed, pretrial June 21.

Amos Watt Coombs, 32, Twin Falls; possession of marijuana, own recognizance unencumber, public defender appointed, pretrial Jun 28.

Kenneth James Shaw, 22, Twin Falls; malicious damage to property, public intoxication, resisting or obstructing an officer, $500 bond, public defender appointed, pretrial June 21.


Ocean power technologies declares Fiscal 2018 Fourth Quarter and full year effects | killexams.com real questions and Pass4sure dumps

MONROE TOWNSHIP, N.J., July 17, 2018 (GLOBE NEWSWIRE) -- Ocean vigour applied sciences (OPTT), a frontrunner in creative ocean power options today announced monetary results for the fourth quarter and entire fiscal 12 months 2018 ended April 30, 2018.

“We agree with that we've handed an important inflection element in our business via reaching fourth quarter revenues as a result of our company building efforts.” spoke of George H. Kirby, President and Chief government Officer of Ocean vigour technologies.  “to this point we have signed two critical new contracts the place we will give PowerBuoys™ to the offshore oil and gas market, with Eni S.p.A. and with Premier Oil. We consider these new contracts are just the beginning of constructing a sturdy backlog towards sustainable revenues. With our dynamic product offering, stronger infrastructure, and our talented team, we believe we are located to scale and grow our enterprise and we continue to put money into individuals and expertise to achieve this boom by using enticing our conclusion-markets throughout the globe.”

Full 12 months financial & Operational Highlights

  • Signed contract in June 2018 with Premier Oil to hire a PowerBuoy™ for deployment in the Huntington box, one among Premier Oil’s offshore fields within the principal North Sea;
  • Signed contract with Eni S.p.A to rent a PB3 PowerBuoy™ for subsea oil and gasoline operations;
  • money, cash equivalents, limited cash and marketable securities of $12.three million as of April 30, 2018, up from $8.9 million as of April 30, 2017;
  • added key senior management with huge experience in offshore oil and gas subsea systems, security, defense, engineering and enterprise construction;
  • more desirable infrastructure with the aid of relocating company and manufacturing activities to a larger facility in New Jersey;
  • continued to domesticate commercialization opportunities for PB3 PowerBuoy™ for use in far flung offshore vigor and actual-time facts communications applications; and,
  • Closed most legacy prison concerns enabling for full focus on business increase.
  • “I’m excited by way of the progress we’ve made this previous 12 months the place we reduced in size with Eni S.p.A. to lease a PB3 PowerBuoy™ for subsea device powering and recently with Premier Oil to rent a PowerBuoy™ for oil field monitoring and surveillance.” pointed out Mr. Kirby. “Our team continues to convey by using addressing key conclusion-market opportunities in the oil and gasoline, defense and safety, science and research, and communications industries that can make the most of our enjoyable creative technology.”

    Operations review

    “Our direct engagement with international agencies and large government organizations has pushed a number of exciting opportunities all over, in particular within the oil and gas sector the place we've extended our efforts.” commented Mr. Kirby. “additionally, we have persisted to develop our group of gifted individuals with the addition of Christopher Phebus as our vice chairman of Engineering, and most currently with the addition of Matthew may also as our vp of global company construction.”

    “over the past yr, we now have bolstered our reducing-edge technology by using enforcing reliability enhancements and setting up an built-in umbilical equipment to vigor subsea machine in guide of the upcoming Eni deployment.” explained Mr. Phebus. “moreover, decide has further developed a subsequent generation controls logic and improved vigor take-off (PTO) capabilities. We trust this work will enable us to proceed to execute on our product and expertise roadmap and demonstrate our capabilities in new geographies.”

    “From a industrial standpoint, we are ushering in new earnings and advertising strategies at opt from what was a analysis and development company, to create a culture of industrial excellence.” mentioned Mr. might also. “We are seeking for to speed up commercialization while holding choose as a pacesetter in offshore ocean wave vigour by enforcing new commercial strategies and formulating new channel strategies.”

    “We continue to be concentrated on commercializing our PB3 PowerBuoy™, which can meet the demands of current and competencies consumers in a large number of end-markets. we can proceed to innovate, exceptionally as we work with our customers to strengthen new purposes, further differentiating our offering. We proceed building relationships across the globe, and capitalizing on these relationships will be the important thing to our long-term success.” remarked Kirby.

    fiscal review

    Fourth Quarter Overview

    profits for the fourth quarter of fiscal 2018 changed into $222,000, compared to $250,000 for the prior-year period. The reduce in revenues over the prior yr changed into because of near-yr-conclusion start of labor on the Eni contract as compared to the contracts with Mitsui Engineering and Shipbuilding and department of defense office of Naval analysis that were underway all through the fourth quarter of the prior fiscal year.

    The internet loss for the fourth quarter of fiscal 2018 became $3.3 million, compared to a internet loss of $2.6 million for the prior-12 months period. The boost in internet loss became exceptionally as a result of expanded personnel and facility linked expenses, a decrease in beneficial properties from the trade within the fair cost of warrant liabilities, increased interest salary, and overseas currency trade impacts.

    results for the Fiscal year Ended April 30, 2018

    Story Continues

    salary for the full twelve months of fiscal 2018 become $511,000, in comparison to profits of $843,000 for a similar length in fiscal 2017. The web loss for the twelve months of fiscal 2018 was $10.2 million, in comparison to a web loss of $9.5 million for the same period in fiscal 2017. The enhance in net loss essentially involving the decrease in positive factors from the alternate within the reasonable cost of warrant liabilities and gross margins, partly offset via the enhance within the salary tax advantage, interest revenue and foreign forex exchange affects.

    stability Sheet and money circulate

    total money, cash equivalents, constrained cash and marketable securities were $12.3 million as of April 30, 2018, up from $eight.9 million on April 30, 2017. net cash utilized in working activities was $10.7 million all through the twelve months ended April 30, 2018 as in comparison to $10.0 million all through the prior-year length.

    convention call & Webcast details

    Ocean energy technologies’ management will host a conference call and webcast to evaluate the fourth quarter fiscal and operating results on July 17, 2018 at 10:00 a.m. japanese Time. fascinated events may also entry the convention name by way of dialing 1 (844) 473-0979 (toll free within the U.S.) or 1 (574) 990-1390 for overseas callers and coming into passcode conference id 5382568.

    traders, analysts and contributors of the media drawn to being attentive to the are living presentation are inspired to be a part of a webcast of the name purchasable on the investor relations part of the company’s website at https://www.oceanpowertechnologies.com.

    A replay should be purchasable beginning inside just a few hours after the conference concludes and will be available unless July 24, 2018. To access the rebroadcast please dial 1 (855) 859-2056 or 1 (404) 537-3406 and use replay access code 5382568. The webcast will also be archived on the Ocean vigor technologies investor members of the family web site.

    About Ocean energy technologies

    Headquartered in New Jersey, Ocean energy applied sciences aspires to seriously change the world via long lasting, resourceful and economical ocean power options. Our PB3 PowerBuoy™ uses ocean waves to deliver clean, respectable and protracted electric powered power and true-time communications for faraway offshore purposes in markets such as oil and gasoline, defense, security, science and research, and communications. To be taught greater, talk over with www.oceanpowertechnologies.com.

    forward-searching Statements

    This unencumber can also include "forward-looking statements" which are within the protected harbor provisions of the private Securities Litigation Reform Act of 1995. forward-searching statements are recognized with the aid of definite phrases or phrases equivalent to "may", "will", "aim", "will seemingly result", "trust", "predict", "will continue", "assume", "estimate", "intend", "plan", "consider", "are seeking to", "future", "purpose", "goal", "mission", "may still", "will pursue" and an identical expressions or diversifications of such expressions. These ahead-looking statements replicate the enterprise's current expectations about its future plans and efficiency. These forward-searching statements depend on a couple of assumptions and estimates which may be inaccurate and that are discipline to dangers and uncertainties. genuine results may range materially from these anticipated or expressed in any forward-searching remark made through the company. Please confer with the company's most recent forms 10-Q and 10-okay and subsequent filings with the SEC for an extra dialogue of these risks and uncertainties. The business disclaims any obligation or intent to replace the ahead-searching statements in an effort to mirror movements or situations after the date of this release.

    monetary Tables observe

    additional information can be present in the company's Quarterly report on form 10-Q that has been filed with the U.S. Securities and trade commission ("SEC"). The kind 10-Q may well be accessed at www.sec.gov or at the business's website within the Investor members of the family part.

    Investor members of the family Contact:   Steve Calk or Jackie Marcus   Alpha IR community   mobilephone 312 445-2870   electronic mail: OPTT@alpha-ir.com    Ocean vigor technologies, Inc. and Subsidiaries Consolidated balance Sheets (in hundreds, apart from share statistics)                       April 30, 2018   April 30, 2017               belongings         existing property:           cash and money equivalents   $ 11,499     $ eight,421     Marketable securities     25       25     limited money- brief-term     572       334     debts receivable     171       48     Unbilled receivables     seventy one       296     Litigation receivable     350       -     other present assets     567       622       total current property     13,255       9,746   Property and device, web     712       170   constrained cash- lengthy-term     154       154   other noncurrent assets     -       three       complete assets   $ 14,121     $ 10,073   LIABILITIES AND STOCKHOLDERS' fairness         existing liabilities:           debts payable   $ 290     $ 586     accrued charges     2,261       3,059     Litigation payable     350       -     Warrant liabilities     201       323     existing element of capital hire obligations     23       35     Unearned salary     18       -     Deferred credits payable present     600       600       total present liabilities     3,743       4,603   long-term component of capital rent duties     -       23   Deferred appoint     142       -       complete liabilities     three,885       4,626   Commitments and contingencies         Ocean power applied sciences, Inc. stockholders’ fairness:           favorite inventory, $0.001 par value; approved 5,000,000 shares,           none issued or dazzling     -       -     ordinary inventory, $0.001 par price; approved 50,000,000 shares,         issued 18,424,939 and 6,313,996 shares, respectively     18       6     Treasury stock, at cost; 74,012 and forty eight,065 shares, respectively   (300 )     (263 )   further paid-in capital     208,216       193,234     collected deficit     (197,538 )     (187,370 )   accrued other complete loss     (160 )     (a hundred and sixty )     complete stockholders' fairness     10,236       5,447       complete liabilities and stockholders’ equity   $ 14,121     $ 10,073                 Ocean vigour applied sciences, Inc. and Subsidiaries Consolidated Statements of Operations (in thousands, except per share information)                                   Three months ended April 30,   Twelve months ended April 30,             2018       2017       2018       2017                           Revenues     $ 222     $ 250     $ 511     $ 843   cost of revenues       569       324       763       938       Gross loss       (347 )     (74 )     (252 )     (95 )                         operating costs:                     Product building expenses       922       1,134       4,320       5,029     selling, common and administrative fees       2,023       1,704       6,988       6,563       total operating expenses       2,945       2,838       eleven,308       11,592   working loss       (3,292 )     (2,912 )     (11,560 )     (11,687 )                         gain because of the alternate in reasonable cost of warrant liabilities       40       330       122       1,491   hobby profits, net       31       2       eighty three       28   other salary       -       -       4       -   foreign trade benefit/(loss)       (32 )     5       75       (sixteen ) Loss earlier than income taxes       (three,253 )     (2,575 )     (eleven,276 )     (10,184 )   salary tax improvement       -       -       1,119       698   net loss     $ (three,253 )   $ (2,575 )   $ (10,157 )   $ (9,486 ) basic and diluted net loss per share     $ (0.18 )   $ (0.44 )   $ (0.sixty six )   $ (2.23 )   Weighted typical shares used to compute                     basic and diluted net loss per share       18,153,797       5,796,116       15,346,602       4,259,172                           Ocean energy technologies, Inc. and Subsidiaries Consolidated Statements of money Flows (in hundreds)                               Twelve months ended April 30,               2018       2017                             cash flows from working actions:           web loss   $ (10,157 )   $ (9,486 )   changes to reconcile web loss to net money used in working actions:             overseas alternate (profit)/loss     (75 )     16       Depreciation     122       one hundred forty       Loss on disposal of property, plant and machine     5       -       Compensation cost involving stock alternative promises and confined stock     329       1,232       change in fair cost of warrant liabilities     (122 )     (1,491 )     fee for litigation contract     -       (500 )     adjustments in operating belongings and liabilities:               bills receivable     (123 )     (48 )       Unbilled receivable     225       (258 )       different receivable     (166 )     -         other belongings     360       (212 )       debts payable     (296 )     213         collected charges     (821 )     395         Deferred rent     5       -         Unearned revenues     18       (39 )         net money used in working activities     (10,696 )     (10,038 ) cash flows from investing activities:           Purchases of marketable securities     (25 )     -     Maturities of marketable securities     25       50     Leasehold advancements and buy of gadget     (658 )     (37 )         web cash (used in) supplied by using investing activities     (658 )     13   cash flows from financing activities:           Proceeds from issuance of average stock and connected warrants, net of prices     14,654       12,150     fee of capital lease duties     (35 )     (28 )   fee of debt     -       (50 )   Acquisition of treasury stock     (37 )     (a hundred twenty five )         internet cash supplied by way of financing actions     14,582       11,947   effect of exchange price changes on money, cash equivalents and restrained money     88       (forty three )         internet enhance in cash, cash equivalents and limited cash     3,316       1,879   money, cash equivalents and limited cash, starting of period     8,909       7,030   money, cash equivalents and restrained money, end of period   $ 12,225     $ eight,909                    

     



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