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   Technology StocksNuance Communications, Inc.


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From: JakeStraw5/12/2014 10:28:40 AM
   of 834
 
At first glance, Nuance Communications (NUAN) has a few factors working against it. The company is in the midst of a long-term transition to a new business model, has posted a string of earnings disappointments, and saw shares flounder last year as the overall market soared.

But dig deeper and you’ll see that this speech recognition software company stands out as a game changer thanks to its impressive technology, large-cap ally, and a big-name activist shareholder with a large stake in its future. And with evidence the company’s results are turning a corner, the stock is an attractive buy at current prices ahead of strong potential growth.

Even if you’re not familiar with Nuance, you’re likely on friendly terms with one of its most famous software personas. NUAN powers Siri, the ubiquitous personal assistant that so many iPhone users look to for directions, where to eat or just some disembodied conversation. NUAN earns revenue from Apple (AAPL) via flat fees, which are not determined by how many phones it sells.

But while NUAN is a bit of an indirect play on AAPL, no customer accounts for 10% or more of sales, which adds further downside protection.

The company also makes Dragon NaturallySpeaking software, which converts speech into text for PCs, and recently announced that it will work with Intel (INTC) to introduce new voice recognition into Atom and core chips powering notebooks. Another key product is Nuance’s Swype technology, which has been making inroads into Android-powered devices.

NUAN has multiple new revenue streams in place that are just starting to materialize, from voice biometrics (which could be a boon to financial institutions and others looking to protect sensitive data) to new avenues like voice ads.

Let’s not forget about that big-name shareholder I mentioned. Nuance has come under fire in the past for its corporate payment structure, when the CEO’s salary famously accounted for 50% of operating income. But now, activist investor Carl Icahn owns about 24% of NUAN stock — up from the low-single digits a year ago. He also has managed to get two of the 12 board seats.

Some investors have speculated that Icahn will push for a breakup of the company or at least a substantial change in management. And given his recent famed forays into Apple, where he owns about $3 billion in shares, other industry watchers think he’ll push for Apple to buy NUAN. For now, Icahn has said he would not do that, but his presence certainly brings a level of attention to NUAN stock. Whatever course of action Icahn takes (and given his level of persuasion, other large shareholders may be inclined to join him), it’s likely that major changes are in the offing for this company, and that could send the stock soaring.
investorplace.com

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From: JakeStraw5/21/2014 8:31:43 AM
1 Recommendation   of 834
 
Nuance Signs Agreement with Oracle to Add Voice Capabilities to Wide Range of Oracle Mobile Apps
finance.yahoo.com

Nuance Cloud Services to Significantly Enhance Mobile Productivity and Convenience for Oracle Applications for ERP, SCM, CRM, and HCM, Oracle Eloqua Marketing Cloud Service, Oracle RightNow Cloud Service and More

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To: JakeStraw who wrote (793)6/16/2014 3:15:46 PM
From: deeno
   of 834
 
not terribly surprising

By Gillian Tan, Dana Cililluca and Ryan Knutson

Speech-recognition software maker Nuance Communications Inc. has held discussions with potential suitors regarding a sale of the company, according to people familiar with the matter.

The Burlington, Mass., company has recently spoken about a possible sale of the company with Samsung Electronics Co. and private-equity firms, some of the people said. It isn’t clear where sale talks, some of which happened earlier this year, currently stand or if they will lead to a deal.

Nuance /quotes/zigman/98548/delayed/quotes/nls/nuan NUAN+9.53% develops voice-powered technology used in mobile phones, televisions and GPS navigation devices. Last September, Nuance said its voice and language technologies, which are already used in Samsung’s handsets, televisions and tablets, would also be used in the South Korean company’s wearable devices. Its technology is used in Apple Inc.’s Siri.

The company has a market capitalization of about $5.5 billion and counts activist investor Carl Icahn as its biggest shareholder. Icahn’s firm owned about 19% of Nuance as at March 31, according to filings, and has two representatives on the company’s board.

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From: Savant7/22/2014 1:06:11 PM
   of 834
 
Nuance Unveils Dragon NaturallySpeaking 13 -- Enabling More Accurate, Natural and Intuitive Interaction with the PC
Dragon 13 Boosts Productivity with Built-in Microphone Support, New Modern Interface and Expanded Voice Capabilities for Popular Web Applications

BURLINGTON, Mass.--(BUSINESS WIRE)--July 22, 2014--

Nuance Communications, Inc. (NASDAQ: NUAN) today announced Dragon NaturallySpeaking 13 -- the fastest and most accurate speech recognition software available for the PC. Dragon transforms the PC experience by turning your voice into text and actionable commands much faster than most people can type. By making navigation and text-entry tasks dramatically faster and easier, Dragon NaturallySpeaking 13 allows you to reach your full potential by helping you get more done on your computer.

Dragon 13 offers a complete voice solution by touching on virtually every aspect of the PC experience -- making it easy to navigate, command and control your PC by voice, and supporting fast, accurate dictation for both local applications, such as Microsoft Word, and web applications, including email and social media. And, by leveraging the latest advancements in Nuance speech recognition science and technology, Dragon 13 is faster and more accurate than ever before.

Dragon 13 has significantly enhanced out-of-the-box accuracy, and continues to get smarter as it automatically adapts to your personal writing style and preferences by learning the words and phrases that you use the most. Composing and editing documents, sending emails, searching the Web, updating popular social media sites like Facebook or Twitter -- Dragon enables you to use your computer in a comfortable, ergonomic way so that you can use your voice to get more done faster than you would using a keyboard and mouse alone. With the help of Dragon, users are able to continue pushing the boundaries of productivity gains and ease of use with the PC.

Dragon 13 offers support for many microphone options, including, for the first time, microphones built-in to many of the latest laptops, offering greater freedom and flexibility -- no headset required. Dragon 13 automatically detects which microphones are available to use, so you simply select your preference and start talking.

Dragon 13 now also supports voice commands and Full Text Control (using your voice to perform direct dictation, text selection or correction and cursor movement within text) in popular web applications such as Gmail, Outlook.com and Yahoo! Mail in Chrome, Firefox and Internet Explorer. For example, simply tell your computer to "Open Internet Explorer," and from there, use your voice to navigate to Facebook, scroll through your news feed and select photos and links. Or, use your voice to open Gmail, address and compose a message, insert a personal signature and send your note -- no typing or clicking required.

Dragon 13 also features a contemporary, intuitive interface and helpful tutorials that make using Dragon easier than ever before. In just four simple steps, you can set up your Dragon profile to get started and experience the speed and accuracy of Dragon 13 right away. Boost your productivity even further by exploring advanced features with the easy-to-use Learning Center, which displays relevant help at your fingertips.

"Dragon NaturallySpeaking 13 offers increased accuracy, improved design and flexibility, and a robust web experience -- and that adds up to a more intuitive and productive experience for customers," said Peter Mahoney, Nuance's chief marketing officer and general manager for Dragon. "Dragon continues to serve as a complete voice solution for the PC, capable of impressive performance across programs, browsers and applications. Both new and longtime users of Dragon will find their interactions with the PC completely transformed, as they use their voice to get more things done in a faster and more natural way."

Availability

The English version of Dragon NaturallySpeaking 13 Premium is available for shipping and download immediately, starting at $199.99 on www.nuance.com, as well as through Nuance's global network of reseller partners, software retailers and professional sales organizations. Special upgrade pricing is available for current Dragon NaturallySpeaking registered users.

The English version of Dragon NaturallySpeaking 13 Home will be available for shipping and download in August 2014, starting at $99.99 on www.nuance.com.

Additional language versions of Dragon NaturallySpeaking 13 Premium and Home will be available later this year.

For additional information on features, editions, pricing, upgrades and more, please click here.

Media information, images, box shots, and videos are available via the Dragon Press Kit.

Join the conversation by liking Nuance on Facebook, or by following Nuance on Twitter at @DragonTweets and @NuanceInc.

About Nuance Communications, Inc.

Nuance Communications, Inc. is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems. Every day, millions of users and thousands of businesses experience Nuance's proven applications. For more information, please visit www.nuance.com.

Nuance, Dragon, and the Nuance logo are trademarks or registered trademarks of Nuance Communications, Inc. or its subsidiaries in the United States of America and/or other countries. All other company names or product names may be the trademarks of their respective owners.

CONTACT: Nuance Communications

Molly Kelley, 781-565-5218

molly.kelley@nuance.com

SOURCE: Nuance Communications, Inc.

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From: Savant7/22/2014 1:09:43 PM
   of 834
 
Nuance Named #1 Vendor for End-to-End Clinical Documentation Improvement (CDI) in Black Book Ranking
Rated Top among 2600 Hospital CFO, CIOs, and Financial Staff Managing Reimbursement Challenges and Preparing for Value-Based Payment Models

BURLINGTON, Mass.--(BUSINESS WIRE)--July 22, 2014--

Nuance Communications, Inc. (NASDAQ: NUAN) announced today that it was named the #1 vendor for end-to-end clinical documentation improvement (CDI) services in the 2014 Black Book financial software and services survey. Black Book(TM) honors top-performing vendors based on client experience and customer satisfaction derived from interviews with 2,600 hospital CFOs, CIOs, business and financial staff.

The Nuance Clintegrity 360 | CDI platform, which was ranked the highest CDI program today, draws on more than 20 years of clinical documentation expertise from Nuance's J.A. Thomas & Associates (JATA). This arms providers with advanced technologies and services that improve the accuracy and efficiency of clinical documentation starting at the point of care to ensure the integrity of patient information for both clinical and business processes.

"Nuance is committed to helping our customers understand and succeed in an increasingly complex healthcare environment. Ranking first in customer satisfaction is rewarding because we have earned the loyalty of clinicians who rely on us to help overcome some of their biggest clinical documentation and coding problems," said Trace Devanny, president, Nuance Healthcare Division. Today Nuance solutions are used by more than 500,000 clinicians and 10,000 organizations.

To learn more about Nuance's top-ranked CDI solution, visit: www.nuance.com/for-healthcare/index.htm. The complete Black Book's 2014 financial solutions survey results can be viewed at www.blackbookrankings.com/healthcare/rankings-revenue-cycle-management.php. Black Book(TM), the largest user opinion poll of its kind in healthcare IT, collects more than 400,000 viewpoints on information technology and outsourced services vendor performance annually.

About Nuance Communications, Inc.

Nuance Communications, Inc. (NASDAQ: NUAN) is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems. Every day, millions of users and thousands of businesses experience Nuance's proven applications. For more information, please visit: www.nuance.com. Connect with Nuance on social media through the healthcare blog, What's next, as well as Twitter and Facebook.

Nuance and the Nuance logo are trademarks or registered trademarks of Nuance Communications, Inc.or its affiliates in the United States and/or other countries. All other company names or product names may be the trademarks of their respective owners.

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From: Savant7/28/2014 10:45:32 AM
   of 834
 
Nuance Announces the Winograd Schema Challenge to Advance Artificial Intelligence Innovation
An Alternative to the Turing Test, Annual Competition Invites Researchers and Students from around the World to Design Computer Programs that Simulate Human Intelligence

BURLINGTON, Mass. & QUEBEC CITY--(BUSINESS WIRE)--July 28, 2014--

Nuance Communications, Inc. (NASDAQ:NUAN) today announced an annual competition to develop programs that can solve the Winograd Schema Challenge, a test developed by Hector Levesque, Professor of Computer Science at the University of Toronto, and winner of the 2013 IJCAI Award for Research Excellence. Nuance announced the challenge at the 28th AAAI Conference in Quebec, Canada.

Nuance is sponsoring the yearly competition in cooperation with CommonsenseReasoning.org, a research group dedicated to furthering and promoting research in the field of formal commonsense reasoning. CommonsenseReasoning.org will organize, administer, and evaluate the Winograd Schema Challenge. The winning program that passes the test will receive a grand prize of $25,000. The test is designed to judge whether a program has truly modeled human level intelligence.

Artificial Intelligence (AI) has long been measured by the "Turing Test, " proposed in 1950 by one of the great pioneers of computer science, Alan Turing, who sought a way to determine whether a computer program exhibited human level intelligence. The test is considered passed if the program can convince a human that he or she is conversing with a human and not a machine. No system has ever passed the Turing Test, and most existing programs that have tried rely on considerable trickery to fool humans. Even the recently unveiled program modeling a 13-year-old boy has left many skeptical. These efforts have also suggested that the Turing Test may not be an ideal way to judge a machine's intelligence.

The Winograd Schema Challenge is an alternative to the Turing Test that provides a more accurate measure of genuine machine intelligence. Rather than base the test on the sort of short free-form conversation suggested by the Turing Test, the Winograd Schema Challenge poses a set of multiple-choice questions that have a form where the answers are expected to be fairly obvious to a layperson, but ambiguous for a machine without human-like reasoning or intelligence.

An example of a Winograd Schema question is the following: "The trophy would not fit in the brown suitcase because it was too big. What was too big? Answer 0: the trophy or Answer 1: the suitcase?" A human who answers these questions correctly typically uses his abilities in spatial reasoning, his knowledge about the typical sizes of objects, and other types of commonsense reasoning, to determine the correct answer.

"There has been renewed interest in AI and Natural Language Processing (NLP) as a means of humanizing the complex technological landscape that we encounter in our day-to-day lives," said Charles Ortiz, Senior Principal Manager of AI and Senior Research Scientist, Natural Language and Artificial Intelligence Laboratory, Nuance Communications. "The Winograd Schema Challenge provides us with a tool for concretely measuring research progress in commonsense reasoning, an essential element of our intelligent systems. Competitions such as the Winograd Schema Challenge can help guide more systematic research efforts that will, in the process, allow us to realize new systems that push the boundaries of current AI capabilities and lead to smarter personal assistants and intelligent systems."

Contest Details

The test will be administered on a yearly basis by CommonsenseReasoning.org starting in 2015. The first submission deadline will be October 1, 2015. The 2015 Commonsense Reasoning Symposium, to be held at the AAAI Spring Symposium at Stanford from March 23-25, 2015, will include a special session for presentations and discussions on progress and issues related to this Winograd Schema Challenge. Contest details can be found at commonsensereasoning.org.

Prizes

The winner that meets the baseline for human performance will receive a grand prize of $25,000. In the case of multiple winners, a panel of judges will base their choice on either further testing or examination of traces of program execution. If no program meets those thresholds, a first prize of $3,000 and a second prize of $2,000 will be awarded to the two highest scoring entries. In the case of teams, the prize will be given to the team lead whose responsibility will be to divide the prize among its teammates as appropriate.

About Nuance Communications, Inc.

Nuance Communications, Inc. (NASDAQ:NUAN) is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems. Every day, millions of users and thousands of businesses experience Nuance's proven applications. For more information, please visit www.nuance.com.

Nuance and the Nuance logo are trademarks or registered trademarks of Nuance Communications, Inc. or its subsidiaries in the United States of America and/or other countries. All other company names or product names may be the trademarks of their respective owners.

CONTACT: Nuance Contact:

Nuance Communications

Rebecca Paquette, 781-565-5264

rebecca.paquette@nuance.com

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From: deeno8/11/2014 5:39:02 PM
   of 834
 
Another lousy report. what is Icahn thinking? Would have sold long ago, if I wasnt so curious.

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From: Savant10/17/2014 12:16:40 AM
1 Recommendation   of 834
 
Siri & Nina & Dom, incestuous 3-some? forbes.com

with cuz AneedA thrown into the mix?

finance.yahoo.com

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From: Savant11/24/2014 5:45:22 PM
   of 834
 
Nuance Communications, Inc. (NASDAQ: NUAN) today announced financial results for its fiscal 2014 and fourth quarter, ended September 30, 2014.

In fiscal 2014, Nuance reported GAAP revenue of $1,923.5 million, up 3.7% from $1,855.3 million in fiscal 2013. In fiscal 2014, Nuance reported non-GAAP revenue of $1,987.1 million, which includes $63.6 million of revenue lost to accounting treatment in conjunction with acquisitions. Fiscal 2014 non-GAAP revenue grew 1.5% over non-GAAP revenue of $1,957.7 million in fiscal 2013. In fiscal 2014, Nuance reported bookings of $2,441.9 million, up 27.4% from $1,916.5 million in fiscal 2013.

In fiscal 2014, Nuance recognized GAAP net loss of $(150.3) million, or $(0.47) per share, compared to GAAP net loss of $(115.2) million, or $(0.37) per share, in fiscal 2013. In fiscal 2014, Nuance reported non-GAAP net income of $360.1 million, or $1.12 per diluted share, compared to $428.0 million, or $1.33 per diluted share, in fiscal 2013. Nuance's fiscal 2014 non-GAAP operating margin was 23.7%, compared to 27.9% in fiscal 2013. Nuance reported cash flow from operations of $358.1 million, compared to $395.0 million in fiscal 2013. Nuance ended fiscal 2014 with total deferred revenue of $548.1 million, up 32.2% compared to $414.6 million a year ago. Nuance ended fiscal 2014 with $588.2 million in cash, cash equivalents and marketable securities.

In the fourth quarter of fiscal 2014, Nuance reported GAAP revenue of $502.3 million, up 6.4% from $472.2 million in the fourth quarter of fiscal 2013. Nuance reported non-GAAP revenue of $520.3 million, which includes $18.0 million of revenue lost to accounting treatment in conjunction with acquisitions, compared to $490.4 million in the fourth quarter of fiscal 2013. In the fourth quarter of fiscal 2014, Nuance reported bookings of $619.6 million, up 24.5% from $497.7 million in the fourth quarter of fiscal 2013.

In the fourth quarter of fiscal 2014, Nuance recognized GAAP net loss of $(1.5) million, or $(0.00) per share, compared to GAAP net loss of $(32.3) million, or $(0.10) per share, in the fourth quarter of fiscal 2013. In the fourth quarter of fiscal 2014, Nuance reported non-GAAP net income of $107.6 million, or $0.33 per diluted share, up from non-GAAP net income of $95.2 million, or $0.30 per diluted share, in the fourth quarter of fiscal 2013. Nuance's fourth quarter fiscal 2014 non-GAAP operating margin was 25.9%, up from 25.3% in the fourth quarter of fiscal 2013. Nuance reported cash flow from operations of $95.9 million in the fourth quarter of fiscal 2014, up 2.6% from $93.5 million in the fourth quarter of fiscal 2013.

Please refer to the "Discussion of Non-GAAP Financial Measures" and to the "GAAP to Non-GAAP Reconciliations," included elsewhere in this release, for more information regarding the company's use of non-GAAP measures.

Fourth Quarter and Fiscal Year Highlights

-- Bookings -- FY 14 bookings were $2,441.9 million, up 27.4% from $1,916.5 million in FY 13. FY 14 bookings exceeded our updated guidance range of $2.35 billion to $2.40 billion. -- Revenue -- Q4 14 non-GAAP revenue was $520.3 million, up 6.1% from $490.4 million a year ago. -- EPS -- Q4 14 non-GAAP EPS was $0.33 per diluted share, up from $0.30 per diluted share a year ago. -- Recurring revenue -- Recurring revenue increased from 52% of total non-GAAP revenue in FY 12 to 58% in FY 13 and to 64% in FY 14. Perpetual licenses decreased from 38% of total non-GAAP revenue in FY 12 to 32% in FY 13 and to 26% in FY 14. -- Deferred revenue -- Nuance ended FY 14 with total deferred revenue of $548.1 million, up 32% compared to $414.6 million at the end of FY 13. -- Operating cash flow -- FY 14 operating cash flow equaled 99% of non-GAAP net income, up from 92% in FY 13 and ahead of our target of 95%.

"We delivered a strong finish to fiscal 2014, with revenue, EPS and bookings above our guidance ranges. In fiscal 2014, recurring revenues represented 64% of total revenue, up 6 percentage points from last year, as we continue to transition our revenue model toward more stable, predictable recurring revenue streams. The positive deferred revenue and cash flow characteristics of our recurring revenue streams also continue to benefit the business. Fiscal 2014 bookings and execution in strategic markets position us well for a return to growth in fiscal 2015," said Tom Beaudoin, Nuance CFO.

Highlights from the quarter include:

-- Healthcare -- For Nuance's healthcare solutions, fourth quarter fiscal 2014 non-GAAP revenue was $238.3 million and FY 14 non-GAAP revenue was $942.7 million. Key customers in the quarter included Avera Health, BayCare, Cambridge Trusts, Cleveland Clinic, Froedtert, Group Memorial Health, Inova, Intermountain, Lahey, Providence, Scottsdale Health, and University of Colorado. -- Mobile & Consumer -- For Nuance's mobile and consumer solutions, fourth quarter fiscal 2014 non-GAAP revenue was $116.9 million and FY 14 non-GAAP revenue was $451.0 million. Key customers and OEM design wins in the quarter included Acer, AMD, AT&T, BMW, Bosch, Continental, Daimler, Fiat/Chrysler, Great Wall Motors, Harman Becker, Hisense, Honda, Mahindra, Melco, Motorola, Orange, Panasonic, Parrott, Rogers, Samsung, Scania, Shoretel, TCL, Telefonica, Volvo, and Yanfeng Visteon. -- Enterprise -- For Nuance's enterprise solutions, fourth quarter fiscal 2014 non-GAAP revenue was $95.6 million and FY 14 non-GAAP revenue was $357.1 million. Key customers in the quarter included American Airlines, Australia Department of Human Services, Banco Santander, Bank of America, Barclays, Citigroup, Delta Airlines, Delta Dental, Health Care Service Corporation, Jubilant FoodWorks (Domino's India), Public Service Enterprise Group, Talk Talk, Telstra, UnitedHealth Group, Wellpoint, and Wells Fargo Bank. -- Imaging -- For Nuance's document imaging solutions, fourth quarter fiscal 2014 non-GAAP revenue was $69.5 million and FY 14 non-GAAP revenue was $236.3 million. Key customers in the quarter included ABN Amro, Ashurst, Balabit, Barclays, Brother, Citigroup, CSC, Ernst & Young, HP, Laing Rourke, Neat, NOV, UPS and Visma.

Conference Call and Prepared Remarks

Nuance is providing a copy of prepared remarks in combination with its press release. These remarks are offered to provide shareholders and analysts with additional time and detail for analyzing results in advance of the company's quarterly conference call. The remarks will be available at nuance.com in conjunction with the press release.

As previously scheduled, the conference call will begin today, November 24, 2014 at 5:00 pm EST and will include only brief comments followed by questions and answers. The prepared remarks will not be read on the call. To access the live broadcast, please visit the Investor Relations section of Nuance's website at www.nuance.com. The call can also be heard by dialing (800) 230-1074 or (612) 234-9960 at least five minutes prior to the call and referencing code 340379. A replay will be available within 24 hours of the announcement by dialing (800) 475-6701 or (320) 365-3844 and using the access code 340379.

About Nuance Communications, Inc

Nuance Communications, Inc. (NASDAQ: NUAN) is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems. Every day, millions of users and thousands of businesses experience Nuance's proven applications. For more information, please visit www.nuance.com.

Trademark reference: Nuance and the Nuance logo registered trademarks or trademarks of Nuance Communications, Inc. or its affiliates in the United States and/or other countries. All other trademarks referenced herein are the property of their respective owners.

Definitions

Bookings. Bookings represent the estimated gross revenue value of transactions at the time of contract execution, except for maintenance and support offerings. For fixed price contracts, the bookings value represents the gross total contract value. For contracts where revenue is based on transaction volume, the bookings value represents the contract price multiplied by the estimated future transaction volume during the contract term, whether or not such transaction volumes are guaranteed under a minimum commitment clause. Actual results could be different than our initial estimates. The maintenance and support bookings value represents the amounts billed in the period the customer is invoiced. Because of the inherent estimates required to determine bookings and the fact that the actual resultant revenue may differ from our initial bookings estimates, we consider bookings one indicator of potential future revenue and not as an arithmetic measure of backlog.

Recurring Revenue. Recurring revenue is the sum of recurring product and licensing, on-demand, and maintenance and support revenues as well as the portion of professional services revenue that is delivered under ongoing subscription contracts. Recurring Product and Licensing revenue is composed of term-based and ratable licenses as well as revenues from royalty arrangements.

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From: Savant4/14/2015 1:53:53 AM
   of 834
 
Nuance, MEDITECH, IMO Collaboration to Automate Patient Problem Lists and Support Regulatory Reporting
Eases Reporting Burdens on Physicians through Efficient and Accurate Translation of the Patient Narrative into Discrete Data for EHRs

CHICAGO--(BUSINESS WIRE)--April 13, 2015--

Nuance Communications, Inc. (NASDAQ: NUAN) announced today a collaboration with Intelligent Medical Objects (IMO) and MEDITECH to take rich clinical narratives from physician notes, extract key facts as structured data and automatically populate patient problem lists and allergy lists using physician-friendly terminologies to preserve clinical intent of physician documentation in the EHR. This unique approach enables healthcare providers to translate unstructured narrative text into clinically-accurate, discrete data in the EHR to support patient problem lists for Meaningful Use as well as requirements for ICD-10 compliance, and quality reporting.

"This collaboration between Nuance, MEDITECH, and IMO is exciting because it will make it easier for doctors to efficiently create accurate, structured patient problem lists in the EHR and to comply with other documentation requirements that are useful to their healthcare system. It will allow doctors to stay focused on their patients and worry less about how to share their recommendations electronically within their work environment," says S. Luke Webster, M.D, vice president & CMIO, CHRISTUS Health.

This innovative process overcomes common problems physicians have creating problem lists in the EHR, providing efficiencies and relief through simply converting narrative created during physician documentation into real-time, actionable information for medical decision making:

-- Physicians can use Nuance Dragon Medical 360 real-time speech recognition or a mix of voice recognition and structured Physician Documentation sections to create a clinically-rich narrative at the point of care, which reflects the full patient's condition. -- Nuance's Clinical Language Understanding (CLU) engine analyzes the physician free text narrative and extracts key patient information, such as patient problems and allergies in real time as discrete, structured data. -- IMO(R)'s (iC) Intelligent Connect platform automatically maps this to IMO's terminology libraries, and to standardized code sets, thus preserving clinical intent while supporting clinical documentation standards for interoperability and continuity of care. -- The full patient story is then available in MEDITECH's EHR including structured data, unlocked from previously unstructured patient information, and this can now be analyzed and used for a variety of reporting and compliance measures including Meaningful Use, quality management and clinical decision making.

To learn more about this collaboration, please contact nuance@e-imo.com and visit Nuance (booth #1831), IMO (booth #3408) and MEDITECH (booth #6315) at the 2015 Health Information Management Systems Society (HIMSS15) Annual Conference in Chicago April 13-16. Nuance, IMO and MEDITECH will be launching an early adopter program to test this with healthcare providers.

Partner Quotes:

-- "MEDITECH is thrilled to collaborate with Nuance and IMO to give physicians the best possible documentation experience," says Helen Waters, MEDITECH vice president of sales and marketing. "Thanks to this fact extraction process, physicians can capture actionable clinical data, such as patient problems and allergies without changing workflow or taking any additional steps, further supporting our customers' ability to meet Meaningful Use and ICD-10 mandates, improve analytics, and ultimately better the entire patient experience, including patient outcomes." -- Frank Naeymi-Rad, Ph.D., chairman and CEO of IMO said: "This remarkable new solution shows how innovative thinking and a shared vision can deliver a new generation of clinical documentation that will allow our vendor-partners and clinical users to deliver the best patient care possible."

About IMO

Intelligent Medical Objects, Inc., (IMO) is the developer of the most widely-accepted medical terminology solution for the management of medical vocabularies and software applications at healthcare organizations worldwide. IMO's terminology is used by more than 3,000 hospitals and 3400,000 physicians daily, and this trusted terminology platform supports innovations by provider systems. IMO medical vocabulary and mapping products effectively capture clinical intent and help EMRs preserve and communicate this across the entire spectrum of care. IMO clinical terms are mapped to all standard coding systems including ICD-9, ICD-10 and SNOMED(R) , The accuracy of IMO's interface terminology was found to be 'nearly perfect' in an independent study published by the US Centers for Disease Control. Read more at www.e-imo.com. Follow @IMOsolutions on Twitter.

About MEDITECH

Today, more than 2,400 institutions worldwide use MEDITECH's fully integrated, interoperable EHR to provide healthcare to the communities they serve. Their robust, patient-centered technology spans the healthcare continuum, including unique functional capacity for the following environments: ambulatory care, acute care, long-term care, rehabilitation services, behavioral health, and home health care.

About Nuance Communications, Inc.

Nuance Communications, Inc. (NASDAQ: NUAN) is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems. Every day, millions of users and thousands of businesses experience Nuance's proven applications. For more information, please visit: www.nuance.com. Connect with Nuance on social media through the healthcare blog, What's next, as well as Twitter and Facebook.

Nuance and the Nuance logo are trademarks or registered trademarks of Nuance Communications, Inc. or its affiliates in the United States and/or other countries. All other company names or product names may be the trademarks of their respective owners.

The statements in this press release relating to future plans, events or services, are forward-looking statements which are subject to specific risks and uncertainties. There are a number of factors which could cause actual events or results to differ materially from those indicated in such forward looking statements, including fluctuations in demand for the Nuance products, and the continued development of Nuance products. The reader is warned not to rely on these forward-looking statements without reservation, since these are simply reflections of the current situation. Nuance disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this document.

Photos/Multimedia Gallery Available: businesswire.com

CONTACT: Nuance Communications, Inc.

Ann Joyal, 781-565-4155

ann.joyal@nuance.com

or

IMO

David Haines, 847-272-1242

press@e-imo.com

or

MEDITECH

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