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At Dscoop side 2019, HP Inc. announced the expansion of HP PrintOS industry, opening an ideas keep to inspire HP print service suppliers (PSPs) to collaborate, innovate and grow, while implementing industry four.0 for automated printing of lots of jobs a day.
New apps within the marketplace from HP and answer partners can also assist HP print carrier suppliers raise productivity, streamline workflow and boost new digital print functions.
“PrintOS market is an open platform designed to unfold innovation and help valued clientele adapt faster to the complexities of the changing print market,” pointed out Alon Bar-Shany, regular supervisor, HP Indigo, HP Inc. “HP PrintOS is empowering PSPs to be greater productive, control better print extent, and automate and streamline workflow.” PrintOS offers PSPs handle over print operations almost anyplace at any time, simplifies and automates print construction techniques, and offers a scalable structure of construction-equipped equipment to grow digital business. nowadays, the cloud-based PrintOS has grown to greater than 20,000 clients considering launching at drupa 2016. users include homeowners of HP Indigo, HP PageWide and Scitex presses and HP Latex and HP DesignJet printers.
UK-primarily based ProCo is printing heaps of ecocnomic jobs a day with PrintOS. “market goes to be a online game changer in how americans are capable of produce work in a digital print ambiance. access to other print suppliers' purposes capacity I wouldn't have to reinvent the wheel for every project. And fundamentally, we're going to have entry to thousands of partner apps in a value-effective and short method,” noted Jon Bailey, CEO, Proco.initiatives in a field
elements in the new PrintOS industry ideas store include projects-in-a-container for labels and packaging, commercial and photograph printing.
greater than 50 free initiatives and design tools are now attainable for down load completely for HP PSPs the use of PrintOS. capable-to-go projects include HP Mosaic and HP Collage packaging templates, seed patterns, pattern data, and royalty-free photos and icons. PrintOS individuals are additionally invited to share or sell their print ideas in the save, with the aim of housing a whole lot and even hundreds of objects by drupa 2020.New print construction apps
An additional PrintOS market save for functions points month-to-month, subscription-based apps from HP and options companions. The apps aid HP valued clientele win more company, enhance press output, automate production, control greater print volume, improved manage charges, and extend print offerings. The App save is increasing with new choices from HP and options partners, including:
PrintOS industry is also now launching a brand new Licenses keep for handy self-service down load and licensing of off-the-shelf utility options from HP options partners built-in with PrintOS. options licenses purchasable for purchase consist of:
The previous press unlock turned into provided by way of a company unaffiliated with Printing Impressions. The views expressed within don't without delay replicate the suggestions or opinions of Printing Impressions.
HP this week introduced a new version of its HP enterprise provider administration (BSM) software to endow IT organizations with big records analysis capabilities throughout cell, hybrid, and cloud IT environments.The goal: To greatly improve the efficiency and availability of utility features.
As corporations have adopted virtualization and cloud applied sciences, the complexity to simply video display main issue throughout these programs has skyrocketed. And, with the rise of shared functions, IT not is aware of or controls all the technologies supporting their organizations.
So HP has broadened its BSM solutions to convey more desirable end-to-conclusion visibility into IT functions and capabilities by means of exploiting potent, precise-time and old analytics. With stronger BSM, it will possibly assume efficiency and situation concerns earlier than they occur. [Disclosure: HP is a sponsor of BriefingsDirect podcasts.]
“IT corporations are searching for new how to convey predictable carrier ranges," noted Ajei Gopal, senior vp and commonplace supervisor, Hybrid and Cloud products, application at HP. “the brand new HP enterprise carrier management software can provide end-to-end operational intelligence to aid IT make stronger decisions and enrich carrier levels in complicated, dynamic IT environments.”
New to HP BSM is HP Operational Analytics (OpsAnalytics), a means that provides ongoing intelligence in regards to the health of IT functions via automating the correlation and evaluation of consolidated information, including reams of computing device information, logs, activities, topology, and performance information.
OpsAnalytics is enabled throughout the integration of HP ArcSight Logger, a regularly occurring log administration answer, with correlation capabilities of HP Operations supervisor i (OMi), and the predictive analytics of HP service fitness Analyzer (SHA). This aggregate delivers deep visibility and insight into well-nigh any performance or availability problem, so, says HP, IT operators can:
HP BSM extra helps clients maximize IT investments with conclusion-to-conclusion visibility throughout heterogeneous environments, enabling valued clientele to:
HP additionally makes it possible for virtualization administrators to diagnose and troubleshoot performance bottlenecks in totally virtualized environments with HP Virtualization performance Viewer (vPV), which helps cut back operational materials through as much as 70 percent and decrease time to issue resolution by up to 50 percent, and is available as a free download, referred to HP.
The free models of HP Virtualization efficiency Viewer (vPV) and HP ArcSight Logger are available to down load from www.hp.com/go/vpv and www.hp.com/go/opsanalytics respectively.
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(EDGAR Online via COMTEX) -- Item 2. Management's Discussion and Analysis of Plan of Operation
The following discussion is intended to assist in an understanding of the Company's financial position and results of operations for the quarter ending September 30, 2013.
This report contains certain forward-looking statements and information relating to the Company that is based on the beliefs of its management as well as assumptions made by and information currently available to its management. When used in this report, the words "anticipate", "believe", "estimate", "expect", "intend", "plan", and similar expressions as they relate to the Company or its management, are intended to identify forward-looking statements. These statements reflect management's current view of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. Should any of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report as anticipated, estimated or expected. The Company's realization of its business aims could be materially and adversely affected by any technical or other problems in, or difficulties with, planned funding and technologies, third party technologies which render the Company's technologies obsolete, the unavailability of required third party technology licenses on commercially reasonable terms, the loss of key research and development personnel, the inability or failure to recruit and retain qualified research and development personnel, or the adoption of technology standards which are different from technologies around which the Company's business ultimately is built. The Company does not intend to update these forward-looking statements.
NetSol Technologies, Inc. (nasdaqcm:NTWK) (nasdaqdubai:NTWK) is a worldwide provider of IT and enterprise application solutions, NetSol Technologies, Inc. executes its mission of focusing technology on the operational needs of its clients. NetSol's services and solutions enable businesses to streamline their operations and compete more effectively.
The Company is organized into two main revenue areas, consisting of enterprise solutions - NetSol Financial Suite (NFS(TM)) - for the global financing, leasing and lending industry, and a portfolio of managed services, including customized application development, systems integration, and business process engineering. In addition, NetSol's solutions portfolio includes the smartOCI(R), e-Procurement search engine for SAP SRM users.
NetSol's clients include Dow-Jones 30 Industrials and Fortune 500 manufacturers and financial institutions, global vehicle manufacturers, and enterprise technology providers, all of which are serviced by NetSol delivery locations across the globe.
Founded in 1997, NetSol is headquartered in Calabasas, California. While the Company follows a global strategy for sales and delivery of its portfolio of solutions and services, it continues to maintain regional offices in the San Francisco Bay Area, for North America; the London Metropolitan area for Europe; and Bangkok, Thailand, Beijing, China and Lahore, Pakistan for Asia Pacific. The Company continues to maintain services, solutions and/or sales specific offices in Australia, China, Pakistan, Thailand, the United Kingdom, the United States, and through alliances in the Kingdom of Saudi Arabia and Japan.
In today's highly competitive marketplace, business executives with labor or services-centric budgetary responsibilities are not just encouraged but, in fact, obliged to engage in "Make or Buy" decision process when contemplating how to support and staff new development, testing, services support and delivery activities. The Company business offerings are aligned as a BestShoring(R) solutions strategy. Simply defined, BestShoring(R) is NetSol Technologies' ability to draw upon its global resource base and construct the best possible solution and price for each and every customer. Unlike traditional outsourcing offshore vendors, NetSol draws upon an international workforce and delivery capability to ensure a "BestShoring(R) delivers BestSolution(TM)" approach.
NetSol combines domain expertise with competitive cost blended rates from its "center of excellence" delivery center in Pakistan and other global centers located in the USA, UK, Thailand and China, Our model also provides localized programs in key markets and project management while minimizing any implementation risk associated with a single service center. Our BestShoring(R) approach, which we consider a unique and cost effective global development model, is leading the way, providing value added solutions for Global Business Services(TM) through a win-win partnership, rather than the traditional outsourced vendor framework. Our global locations provide NetSol customers with the optimum balance of subject matter expertise, in-depth domain experience, and cost effective labor, all merged into a scalable solution. In this way, "BestShoring(R) delivers BestSolution(TM)".
Information technology services are valuable only if they fulfill the business strategy and project objectives set forth by the customer. NetSol's expert consultants have the technical knowledge and business experience to ensure the optimization of the development process in alignment with basic business principles. The Company offers a broad array of professional services to clients in the global commercial markets and specializes in the application of advanced and complex IT enterprise solutions to achieve its customers' strategic objectives. Its service offerings include IT consulting & services; business intelligence, information security, independent system review, outsourcing services and software process improvement consulting; maintenance and support of existing systems; and, project management.
In addition to services, our product offerings are fashioned to provide a Best Product for Best Solution model. Our offerings include our flagship global solution, NetSol Financial Suite (NFS(TM)). NFS(TM), a robust suite of five software applications, is an end-to-end solution for the lease and finance industry covering the complete leasing and finance cycle starting from quotation origination through end of contract. The five software applications under NFS(TM) have been designed and developed for a highly flexible setting and are capable of dealing with multinational, multi-company, multi-asset, multi-lingual, multi-distributor and multi-manufacturer environments. Each application is a complete system in itself and can be used independently to address specific sub-domains of the leasing/financing cycle.
On October 24, NetSol announced the introduction and global release of NFS Ascent(TM), the company's next generation platform, offering the most technologically advanced solution for the auto and equipment finance and leasing industry. NFS Ascent(TM) architecture and user interfaces were designed based on the company's collective experience with global Fortune 500 companies over the past 30 years. The platform's framework allows auto captive and asset finance companies to rapidly transform legacy dependent information technology into a state-of-the-art IT and business process environment. At the core of the NFS Ascent(TM) platform is a lease accounting and contract processing engine, which allows for an array of interest calculation methods, as well as robust accounting of multi-billion dollar lease portfolios under various types of generally accepted accounting principles (GAAP), as well international financial reporting standards (IFRS). NFS Ascent(TM), with its distributed and clustered deployment across parallel application and high volume data servers, enables finance companies to process voluminous data in a hyper speed environment.
NFS Ascent(TM) has been developed using the latest tools and technologies and its n-tier SOA architecture allows the system to dramatically improve in various areas like scalability, performance, fault tolerance and security to name a few. We are excited about the transition from R1 to NFS Ascent(TM) for the following reasons:
· Improvement in overall productivity and throughout the delivery organization:
The new architecture and design of the system allows the delivery team to deliver more with less i.e. deliver more projects in a given financial year thereby increasing the revenue generation capacity of our organization. A few examples are given below
o The modules like Business Process Manager, Workflow Engine and Business Rule Engine will give a lot of flexibility to our clients allowing them to configure certain parts of the application themselves rather than requesting for customization.
o The powerful NFS Ascent(TM) platform and the SOA architecture allow us to develop Portals and Mobile applications rather quickly by utilizing our existing services.
o Integration with other systems will also be very easy and quick as we can expose our services to the external world for consumption.
o The n-tier architecture allows us to better distribute the tasks among various team members and because of the lose coupling between various modules and layers, the risk of regression in other parts of the system as a result of changes made in one part of the system goes down tremendously.
· Improvement in talent acquisition and retention:
Because NFS Ascent(TM) has been developed using the latest technologies and tools available in the market, it is helping us in attracting the top engineers and keeping them motivated compared to when we had to hire people for older technologies.
· Better customer satisfaction:
As a result of the powerful NFS Ascent(TM) platform and improvement in the talent acquisition and retention, the quality of our deliverables has gone up remarkably. This, in conjunction with the reduced delivery times, will allow us to have thoroughly satisfied customers.
NFS(TM) also includes LeasePak. LeasePak provides the leasing technology industry with the development of Web-enabled and Web-based tools to deliver superior customer service, reduce operating costs, streamline the lease management lifecycle, and support collaboration with origination channel and asset partners. LeasePak can be configured to run on HP-UX, SUN/Solaris or Linux, as well as for Oracle and Sybase users. In terms of scalability, NetSol Technologies North America offers the basic solutions as well as a collection of highly specialized add on modules for systems, portfolios and accrual methods for virtually all sizes and complexities of operations. These solutions provide the equipment and vehicle leasing infrastructure at leading Fortune 500 banks and manufacturers, as well as for some of the industry's leading independent lessors.
NetSol's IP, smartOCI(R), now part of Vroozi(R), Inc., develops innovative e-commerce solutions for all business sizes and industry verticals which help companies search, source, negotiate, and order goods and services from suppliers electronically optimizing organization's procurement and supply chain operations. Vroozi's business to business search engine, collaborative commerce, and electronic marketplace applications are deployed On Demand and can integrate seamlessly with major ERP vendor systems such as SAP or deployed independently on the Internet.
Vroozi's first product to market is smartOCI(R); a new search engine technology and buy-side content marketplace provider which enables corporate buyers and shoppers a simple and intuitive user interface to search multiple supplier catalogs simultaneously within the SAP procurement application. The smartOCI(R) technology was officially released to the market in 2011 at the SAP SAPPHIRE Conference in Orlando, Florida, and has strengthened NetSol's presence in the global SAP Services market.
NetSol global operation is broken down into three regions: North America, Europe and Asia Pacific. All of the subsidiaries are seamlessly integrated to function effectively in terms of global delivery capabilities, cross selling to multinational captives' finance companies, centralized marketing organization and a network of employees connected across the globe to support local and global customers and partners.
The following discussion is intended to assist in an understanding of NetSol's financial position and results of operations for the quarter ended September 30, 2013. It should be read together with our consolidated financial statements and related notes included herein.
A few of NetSol's major successes achieved in the first three months of fiscal year 2014 were:
· Implementation of NetSol's mPOS (mobile point of sale) solution by a global luxury car manufacturer across its dealer network in China. Subsequent implementations in other markets are also being planned as per the agreement between NetSol and customer.
· Launch of NetSol's mobility products, which optimize productivity and improve the responsiveness of global sales teams. The applications seamlessly integrate with the company's flagship platform, the NetSol Financial Suite (NFS),
· The appointment of Roger K. Almond as the Company's Chief Financial Officer and Boo Ali Siddiqui, the Company's former Chief Financial Officer, as the PK subsidiary CFO and the Company's Chief Accounting Officer.
· NetSol PK signed an agreement to implement NetSol Financial Suite at a leading auto captive finance company in China.
· NetSol Technologies was awarded "First Rate and Best Selling Leasing and Finance Solution" at this year's China Leasing Summit for its flagship product, NetSol Financial Suite.
· NetSol Technologies Europe and Virtual Lease Services developed a Business Process Outsource service to address the broker market for own book management. In collaboration with funders, the service will form part of the funding approval sanction, which will generate a significant increase in sales opportunities.
· VLS signed new contracts with Investec and another European bank for providing due diligence and audit services.
· NTE concluded two license upgrades of its product LeaseSoft.
· Atheeb NetSol Saudi Company Limited recently won three projects in the area of network security, ISO/standard implementation of cyber security and consulting for local group of hospitals, Governmental security department and a construction group.
· Vroozi(R) released new supplier purchase order pickup module,Vroozi Purchase Manager.
· Vroozi(R) released new vroozi(R) Buy Route functionality in beta to global customer.
The success of the Company, in the near term, will depend, in large part, on the Company's ability to: (a) continue to grow revenues and improve profits; (b) adequately capitalize for growth in various markets and verticals; (c) make progress in the North American markets and, (d) continue to streamline sales and marketing efforts in every market we operate. However, management's outlook for the continuing operations, which has been consolidated and has been streamlined, remains optimistic.
Marketing and Business Development Activities
Management has developed, and the board of directors has ratified, an aggressive 3-5 year growth strategy aimed at increasing competitiveness and financial strength.
A focus of the marketing plan ceters around the Global Launch of NFS Ascent(TM), the next generation of NFS that the company has been developing for nearly four years. Announced on October 24, 2013, NetSol has commenced a soft, regional launch with selected customers in APAC to test the readiness for the global markets. A formal launch of the global marketing plan is expected for all of our key markets of North America, Europe and APAC.
This plan is designed to:
· Achieve double digit revenue growth for the next 5 years
· Achieve 55% to 60% gross margins in 2014 and maintain 60% or better for the next three years
· Ramp up license revenues for NFS Ascent(TM)
The plan contemplates the following enhanced activities and initiatives to accomplish these goals:
· Grow delivery and sales capacity in APAC and the USA from approximately 600 NFS(TM) domain experts to over 1,000 within 18 months.
· Continue to build the delivery capacity. NetSol has hired over 100 new personnel in Quarter 1, 2014 to train and develop them to meet the long term growth outlook. This activity will continue until an optimum level of 1,000 NFS domain experts is achieved.
· Continue to advance infrastructure and systems in Lahore and Bangkok
· Strengthen the NetSol brand in the Americas and penetration in APAC markets such as China, Thailand, Indonesia, Australia and New Zealand.
· Hire and retain the best available talent to develop the next line of managers for our growing demand.
· Develop the sales and delivery capabilities for the Americas markets, in particular the growth in the US auto and banking sectors. A shift in revenue contribution from the Americas market would improve both gross and net operating margins due to the volume and size of US contracts
· Further position NetSol to deliver and support the new growth and technology dimensions in IT services, maintenance, mobile apps and cloud based solutions.
Management continues to be focused on scaling up its delivery capability and has achieved key milestones in that respect. Key projects are being delivered on time and on budget, quality initiatives are succeeding, especially in maturing internal processes. CMMI level companies are reassessed every three years by independent consultants under the standards of the Carnegie Mellon University to maintain its CMMI Level 5 quality certification. As required, NetSol was reassessed in 2010 and was successfully recertified as CMMI Level 5. While we believe this quality certification will be renewed, our current reassessment due for August 2013 is currently pending. We believe that the CMMI standards are a key reason in NetSol's demand surge worldwide. We remain convinced that this trend will continue for all NetSol offerings promoting further beneficial alliances and increasing the number and quality of our global customers.
MATERIAL TRENDS AFFECTING NETSOL
Management has identified the following material trends affecting NetSol.
· Improving sales trends in US auto and banking sectors.
· Miliken Institute projects global economic growth in excess of 3% globally, 8% GDP growth for China, 2% GDP growth for the US over the next two years.
· Slowly improving economic environment in the UK and major European economies.
· The declining IT outsourcing from India gives strength to NetSol APAC delivery centers.
· New emerging markets and IT destinations in Thailand, Malaysia, Indonesia, Mexico, Australia, and some African nations.
· Launch of NetSol Ascent(TM).
· Continued robustness of China's automobile and banking sectors. China's passenger vehicle sales rose 49% in December 2012, while China's total vehicle sales, including trucks and buses, are projected to accelerate this year and surpass 20 million for the first time according to Bloomberg News, February 7, 2013.
· Growing interest in Japan for IT services and NFS(TM) applications within banking, equipment finance and general leasing industries.
· Investment by the Kingdom of Saudi Arabia in healthcare, education, defense, cyberspace securities, IT, infrastructure and many other new sectors. This makes it one of the most promising markets for the Atheeb NetSol joint venture.
· Vroozi(R) provides a strong entry in the e-commerce and cloud by way of developing and marketing a new IP with the Vroozi(R) Shopping Platform and smartOCI(R) and landing Fortune 500 US customers.
· The dependency of our blue chip clients on NetSol solutions has further deepened; creating new enhancements, new modules, and services orders in the US.
· Closure of United States government causing uncertainty in global US business decisions.
· Geopolitical unrest in the Middle East and in regions of Pakistan and Afghanistan.
· Continued strains in US-Pakistan relations.
· Despite efforts of newly elected government, security issues continue in Pakistan, causing concern for western customers, investors and media.
· The delays of CBRC licenses at least for another year in China.
· Emergence of smaller players offering IT solutions in China resulting in greater price competition.
· Continued sluggish European market could adversely affect our European business.
· Tightened liquidity and credit restrictions in consumer spending has either delayed or reduced spending on business solutions and systems, squeezing IT budgets and extending decision making cycles.
· Restricted liquidity and financial burden due to tighter internal processes and limited budgets might cause delays in the receivables from some clients.
· The threats of conflict between the US and other nations and Syria could potentially create volatility in oil prices causing readjustments of corporate budgets and consumer spending slowing global auto sales.
· Continued conflicts in Afghanistan could increase the migration of both refugees and extremists to Pakistan, thus creating domestic and regional challenges
· Our relatively low trading share volume makes the Company's stock price susceptible to market fluctuations.
CRITICAL ACCOUNTING POLICIES
Our financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States ("U.S. GAAP"). Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management's application of accounting policies. Critical accounting policies for us include revenue recognition and multiple element arrangements, intangible assets, software development costs, and goodwill.
The Company recognizes revenue from license contracts without major customization when a non-cancelable, non-contingent license agreement has been signed, delivery of the software has occurred, the fee is fixed or determinable, and collectability is probable. Revenue from the sale of licenses with major customization, modification, and development is recognized on a percentage of completion method. Revenue from the implementation of software is recognized on a percentage of completion method.
Revenue from consulting services is recognized as the services are performed for time-and-materials contracts. Revenue from training and development services is recognized as the services are performed. Revenue from maintenance agreements is recognized ratably over the term of the maintenance agreement, which in most instances is one year.
MULTIPLE ELEMENT ARRANGEMENTS
We may enter into multiple element revenue arrangements in which a customer may purchase a number of different combinations of software licenses, consulting services, maintenance and support, as well as training and development (multiple element arrangements).
VSOE of fair value for each element is based on the price for which the element is sold separately. We determine the VSOE of fair value of each element based on historical evidence of our stand-alone sales of these elements to third-parties or from the stated renewal rate for the elements contained in the initial software license arrangement. When VSOE of fair value does not exist for any undelivered element, revenue is deferred until the earlier of the point at which such VSOE of fair value exists or until all elements of the arrangement have been delivered. The only exception to this guidance is when the only undelivered element is maintenance and support or other services, then, the entire arrangement fee is recognized ratably over the performance period.
Intangible assets consist of product licenses, renewals, enhancements, copyrights, trademarks, trade names, and customer lists. Intangible assets with finite lives are amortized over the estimated useful life and are evaluated for impairment at least on an annual basis and whenever events or changes in circumstances indicate that the carrying value may not be recoverable. We assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows. If the future undiscounted cash flows are less than the carrying amount of these assets, we recognize an impairment loss based on the excess of the carrying amount over the fair value of the assets.
SOFTWARE DEVELOPMENT COSTS
Costs incurred to internally develop computer software products or to enhance an existing product are recorded as research and development costs and expensed when incurred until technological feasibility for the respective product is established. Thereafter, all software development costs are capitalized and reported at the lower of unamortized cost or net realizable value. Capitalization ceases when the product or enhancement is available for general release to customers.
The Company makes on-going evaluations of the recoverability of its capitalized software projects by comparing the amount capitalized for each product to the estimated net realizable value of the product. If such evaluations indicate that the unamortized software development costs exceed the net realizable value, the Company writes off the amount which the unamortized software development costs exceed net realizable value. Capitalized and purchased computer software development costs are being amortized ratably based on the projected revenue associated with the related software or on a straight-line basis.
Our stock-based compensation expense is estimated at the grant date based on the award's fair value as calculated by the Black-Scholes-Merton (BSM) option pricing model and is recognized as expense over the requisite service period. The BSM model requires various highly judgmental assumptions including expected volatility and expected term. If any of the assumptions used in the BSM model changes significantly, stock-based compensation expense may differ materially in the future from that recorded in the current period. In addition, we are required to estimate the expected forfeiture rate and only recognize expense for those shares expected to vest. We estimate the forfeiture rate based on historical experience and our expectations regarding future pre-vesting termination behavior of employees. To the extent our actual forfeiture rate is different from our estimate; stock-based compensation expense is adjusted accordingly.
Goodwill represents the excess of the aggregate purchase price over the fair value of the net assets acquired in a purchase businesses combination. Goodwill is reviewed for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the carrying amount of goodwill may be impaired. The goodwill impairment test is a two-step test. Under the first step, the fair value of the reporting unit is compared with its carrying value (including goodwill). If the fair value of the reporting unit is less than its carrying value, an indication of goodwill impairment exists for the reporting unit and the enterprise must perform step two of the impairment test (measurement). Under step two, an impairment loss is recognized for any excess of the carrying amount of the reporting unit's goodwill over the implied fair value of that goodwill. The implied fair value of goodwill is determined by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation. The residual fair value after this allocation is the . . .
Nov 08, 2013
(c) 1995-2013 Cybernet Data Systems, Inc. All Rights Reserved
116 THE APE SATURDAY 18 SEPTEMBER 1993 THE AGE Machinery & Furniture Auctions SATUMMV ITH OCT II NOON FURNITURE AT NORTHCOTE Anhqu and dsco Manrlo, Cab, Con sol Radio ABBEYS 482 Station Sf. Box Hill Ph 690 2116, Member VAPA MOTOR VEHICLE AUCTIONS Now appearing 2nd page Motor Market each Saturday. FURNITURE & NEW TOOLS TODAY 11 am Saturday 18th September 1993 INCLUD1NQ: New & used turnilure, new tools and various other goods. VIEWING: From 9am Salurday ENQUIRIES: John Scinlo 018 398 208 SUNDAY 2S OCT AT 10.IO AM ANTIQUE AUCTION nuMMHumtinniT 11 u OVER 550 10IS OF QUALITY MODERN AND OLD WORLD FURNITURE FROM 4 ESTATES INCL PIANOS AND PLAVER PIANOS. DINING. LOUNGE. BEDROOM. KITCHEN AND SUNROOM FURNITURE. WHITE GO00S. BOOKCASES ETC NORTHCOTE FURNITURE AUCTIONS ZSt-tM HICK IT MRTHC0TE LARGE ANTIQUE AUCTION Tins Tuesday, 21st September At The Auction Rooms 9.00am: China, Glass etc. Followed by Period, Modern and Office Furniture. 11.00am: Consignment of a 40ft English Con'ainf r I'lus local ConsignrnmL TIL: 411 4771. FAX 41! 1181 17 TUESDAY 21ST SEPTEMBER. 1993 AT 11.00 AM 12 Rowern Court Box Hill North (Melway Map Ref. 47 G8) AUCTION TUESDAY 2 1ST SEPTEMBER AT 10 AM TIMBERMDF: 8 Pks 290, 240x19 R Shorts. 5 Pks 90x35 2.34, S Pks 120x35 RShorts, S Pks 90x19 RShorts, 6 Pks 140x12 RS Lining.2 Pks 140x19 Col MDF Arch, 2 Pks 67x 12 DAR, 1 Pk 42 x 14 PR Arch, 1 Pk 140x32 Rebated Door Frame, 30 and 45x12 DAR all 5.4ml long. INSURANCE CLAIM: 30 shls 2.4x1.2x16mm Ash Ven Craflwood lOshts Blackwood, 15shls Oak, 14shts While Melamine. CORROGATED SHEETS: 350shts at 3 mt Zlncallme and Galv, 250shts x 1.8ml Corro and Fence sheets, 4 Pks at 335shts x l.8mt Zincalume Spandek. DOORS: 80 Asst F Panel and Col Doors. INSURANCE AT 11.30 AM PAPER: 14 Reels 1525 and 1020 Directory 5850 kgs, 600shts Artcole 590x920240gsm, lOOOshts Kingfisher Blue 510x760140gsm. ALUMIUM SHEETS: 25sts 3600xl200x.015, 0.50 Alum Sheets. ON VIEW: Morning of Sale. FOR PRIVATE SALE: Mont to Frl 8 am to 5 pm and Sat 8 am to 1 pm. Pine F5, F7 Oregon Beams, Merch Pine Boards and Lining, Particle Board, Yellow Tongue, House Lots . . . SPECIAL PRICES. Including: Georgian, Victorian, Edwardian, Art Deco ana 1920's Furniture. Ceramics.Glassware, Plate, Watercoloursand Oil Paintings. A GOOD TRADE AUCTION Viewing For This Sale; Today : Saturday : 9.00am To 12 Noon Monday : 9.00am To 5.00pm Forthcoming Victorian Kerosene Lamp Auction To be held on Tuesday, 5th October At 12 Noon Incl ml i ng: 1 20 Victorian original Kerosene Table Lamps from the Riverina. Ruby, Coloured Glass, Cut Crystal, Banquet Lamps. Marble and Corinthian Column Lamps etc. Enquiries John Ainger. stwukts CURTAIN & BLIND MANUFACTURING PLANT, EQUIPMENT, STOCK & OFFICE FURNITURE Brother MA4-B551 & Yamato DCZ-34C-D3 Safety Stitch Machines, Mitsubishi DY-330 Single Needle Walking Foot Sewing Machine, Brother CM2-V939-1 Blind Stitch Machine, Waff 114-34AT Zig Zag Machine, Janome DB-J704, Brother DB2-B797 & Singer 291U3 Plain Sewing Machines, Lightning Lay Up Circular Cloth Cutter, Makita 255mm Aluminium Mitre Saw, Vertical Blind Assembly System, Storage Racks, Make Up 8 Cutting Benches, Fluorescent Lights, Rheem 50 Litre Hot Water Unit, Rinnai LPG Factory Heaters, Electricaire Portable Heaters, Stock of Curtain & Blind Material & Hardware, Office Desks, Chairs, Steel 3 S 4 Drawer Filing Cabinets, Voca M900 Facsimile Machine, Skai 5 14' Single Floppy Disc Computer System. AUCTIONEERS NOTE: The Plant & Equipment will be first offered as a whole, if not sold then will be offered as per the cataloque. To The Order Of: Ninth Comet Pty. Ltd(Pending Liquidation) Formerly Trading As: The Curtain Maker. ON VIEW DAY PRIOR (From 9:00 am 4:00 pm) TERMS STRICTLY CASH OR BANK CHEQUE AUCTION CONCRETE F0RMW0RK Total CUaranc of Surplus Slock, Pland 8i Equipment THURSDAY 23 SEfTEMIER 10.30 AM AT 12-13 MOSS ROAD WIN6FIEID, S.A. Including approximately 2500 x 6 she-reload and shore frames. 1?00 telescopic (tames. 1250 U Heads, 700 base lacks. 1200 props 0 4. 1000 Irame braces. 160 table forms. 90 perimeter salety screens, various safety screen components, screen and frames. 2 x Armstrong Holland formwork hoist (FH200 series). 200 pushpull props Various other items construction materials, i.e. scaffold, tube, fittings, ladders, couplers, machinery, fairies, radial arm -drills, folders, guillotine, mobile welders, switch and site boxes, front end loader. Falcon utility &c DeUllel cat if mm available Ph (08)342644 or Fax: (68)34 7 2969 ACN008117940 I HIl!l.,!.1;..l;IWii..l,1.H.W.)!HimL M T E AUCTIONS MINING & EARTHMOVING MAJOR 3 DAY AUCTION SALE - AT TUIXAH ON TASMANIA'S : ': WEST COAST : THURSDAY 7TH - SATURDAY 9TH OCTOBER 1993 : COMMENCING AT 9.30 AM EACH DAY - RAIL TUNNELLING EQUIPMENT, SINGLEMENS CAMP, :Z PLANT EQUIPMENT & SPARES, STORESINVENTORY -: ITEMS, TRANSPORTABLE DEMOUNTABLE & FIXED BUILDINGS FOR REMOVAL . 2000 LOTS INCLUDING: Atlas Copco Rail Mounted Jumbo, Haggloaders, Gemco Locomotives, Muckcars, Flatcars, Personnel Carriers, Utility & Face Loading Jumbos, Transit Cars, Muckcar 'Tipper;;? Sliding Floor & Scissor Platform. ; PLANT AND EQUIPMENT: Floor Cranes; Tower Crane; Forklifts; Mobile Cranes; Excavators; Dozers; Rollers; Loaders; Grader; Prime ; Movers; Dump Trucks; Compressor; Drill Rigs; Concrete machinery; " Engines; Electric Motors; Low Loader; and many other items. t ' BUILDINGS: Singlemens camp comprising mess hall, kitchen, recreation rooms, accommodation units etc; Demountable and Z transportable barrack blocks, toilet & ablution units, laundries offices, t stores etc. Large Project Office Workshops, Staff House Chalet and Land; 14 Houses & Land; etc. t. VIEWING DAYS: Monday 4 to Wednesday 6 October from 10.00 am Z to 3.00 pm or by arrangement with Auctioneers, Catalogues available ;Z from the Auctioneers. ENQUIRIES TO: HEC Disposals, Hobart (002) 71 6400 or AUCTIONEERS IN CONJUNCTION: EQUIPMENT r CATERING AND REFRIGERATION EQUIPMENT, i'jnm:n ii:i.in.-:iMwawifis.Tn.i-.r.w:ii.M!i MODERN OFFICE AND DOMESTIC FURNITURE, SPORTING GOODS, GIFTWARE AND MOTOR VEHICLE Tuesday next, 21st September at 10.00 am. (Note Time) In Our Auction Complex, 91-101 Leveson St., North Melb. CATERING EQUIPMENT: Waldorf Cookine Ranees and Deep Fryers, Hoban Dishwasher, Bhce Meat Sheers, 4 Deli Display Cases, Bain Maries, Cash Registers, Preparation Benches, Bottle Display Cases, Moffat Convection Oven, Food Warming Cabinets, 50 asstd SS and Acrylic amglc and Iwin bowl Kitchen anil Laundry amies. TO BE FOLLOWED BY MODERN OFFICE AND DOMESTIC FURNITURE AT 1 1.00 AM OFFICE AND DOMESTIC FURNITURE: 30 Grey and Black Office Desks, Tables. In our yard at Kyle Street, Rutherford, Maitland. Thursday 23rd September 1993 Wheel Loaders Cat 992C High Lift, Cat 966C, Case W36, Hough 560. Volvo LM642. Off-Highway Trucks 4 x Cat 796B Coal Hauler Euclid CHI 20 R.T. Dozers Cat 988B. Buckets 2 x 922C Hl-Lift, Dozers Cat D9H, D7H, D6H, D6D, D5B, Inter BTD8, Komatsu D 355A-3. Scrapers Cat 633D', 613B, Graders Catl2E, J.D. 570A, 670, 670A, Cranes Kato NK200, Jonsered Knuckle boom 250048, Backhoes Case 480E, JD410, MF 50H, Excavators Cat E70, Komatsu PC2203 Sumitomo Link-belt LS2800BS, Roller Dynapac CG11 vig. Skid Steer Loaders 2 X Bobcat 743, Case 1835B, Dingo, Fuel Lube Truck Atkinson K3870-250, Scraper Water Cart Cat 641B, Engine Cummins 555, Blade Cat angle tilt D5, Hl-Llft Frame 992C, Tractor Fendt 4wd 90hp, FEL-Blade. Sundries Incl. motors, compressors, portable building, toilet. Also numerous trucks, trailers, etc. Inspection Wed. 22nd 9 am 5 pm or morning of sale. M T E Auctioneers and VALUERS Equipment in situ inspection by appointment. Enquries: Ph 049 32 3880 Fax 049 32 3881. Mobile 018 49 3945 or 018 25 0695 . or 018 68 7897. DOMINION TAYLOR WOOD 0 Webster AUCTIONIIM PTV LTD Bookcases, 50 Gas Adjustable Clerical Chairs, 100 Steel 2,3,4 Drawer Filing Cabinets, 4' and 6' 2. Door Stationery Cabinets, Stock Shelving, 10 - 6 & 10 Drawer Plan Cabinets, Clothes Lockers and Suspension Filing Cabinets, 20 Plan Benches and 4 Draughtsmans Drawing Boards, 100 Freestanding Office Partitions, 30 Computer Work Stations, Lounge Suites, Marble Boardroom Table with 10 matching Chairs and Side Unit, Cosmetics, 480 Toy Trains, Pool DOMINION TAYLOR WOOD & Cues, Dan boards, sports balls and Accessories, Stock ol calendars, uianes, u reeling tiaras. 304 LORIMER STT PORT MELBOURNE VIC 3207- WEBSTER AUCTIONS 1 5 WILMOT ST BURNIE TAS 7320 PH (004) 31 8822 FAX (004) 31 5262 PH (03) 646 2499-- MU1UK VbHICLb IU Bfc SULU Ai Li NUUN: iv&4 loyota urotia acuan. To the order of: Major Insolvency Practitioners, Finance Companies and other Vendors. On view day prior 9 am - 4 pm. ' SHORT NOTICE AUCTION SALE STEEL FABRICATION MACHINERY AND EQUIPMENT, MOTOR VEHICLES AND OFFICE FURNITURE Friday next, 24th September at 11.00 am. 23 Molan Street, Ringwood PLANT: Heine Inclinable Power Press 202A Series 3, 2 Pedestal Channel Cutting Shears- Fowles Auction Group) TUESDAY 21ST SEPTEMBER 1993 10:00AM 484 GRAHAM STREET, PORT MELBOURNE Guillotines. Brobo Suner 12 Cold Cuttinn Saw, 4 CIG 300 amp Transmit; Welding Plants, FOR SALE BY TENDER EXTENSIVE FLATBED KNITTING MILL PLANT & EQUIPMENT AT: Tricopal Pty Ltd (Receiver A Manager Appointed); TAa: Reaalpe Knitwear, 18 Porter Street, Prahran Universal MC-619 8 CNC Knitting Machine, Stall AMV NC Knitting Machine, 20 Various GaugeBed Knitting Machines, Including Singer, Stoll, Universal, Dubied, GEBR-Scheller, Kettma-Hamburg Linking Machines, Steam Pressing Tables, Sewing Machines, Alfarel VS-130 Gas Boiler, Shelving, Office Furniture Etc Under Instructions From Mr Michael J Humphris of Arthur Andersen (Receiver A Manager) Inspection Day Monday 20th September 9am-4pm Closing Day Thursday 23rd September at 1.00pm PAYMENT: Certified Funds In 48 Hours Of Written Notification For Further Details Contact Neil Schiller on (613) 646-3499 Woor 3 Dag ftfacfake, 7ooMactb( Next Tuesday, Wednesday & Thursday; 21st, 22nd & 23rd September, 1093 at 10.00am (Each Day) 304 Lo rimer Street, Port Melbourne DAY 1 2 Shibaura -Toshiba 6 Axis Horizontal CNC Machine CentreB Type BMC-10B(6), Shibaura-ToBhiba 4 Axis Horizontal CNC Machine Centre Type BMC 10B(R), 2 Shibaura CNC Vertical Borers Type TSN-13(3), Mitsui Seiki 4 Axis NC Jig Borer Model J7CN, Mazak Slant Turn CNC Lathe Mode) 40N Mill Centre 1000, OM Vertical NC Turret Lathe Model VT5-10N, 2 Mori Seiki CNC Chucking Lathes Models SL7A & SL4TC, Mazak Dyne-Turn NC Lathe Model 2L, Mazak NC Model M5 Turning Centre, 2 Genevoise Jig Borers Models Hydroptic 6A & 7, OKK 3 Axis CNC Mill Model MH400P, Miroku NC Gun Barrel Drill, 2 Pratt & Whitney 4 Spindle CNC Copy Mills Model 146, Channelled El rod a & Elox EDMs, Makino Horizontal NC Mill Type MCCfiO, TOS Vanadorf WH80 Horizontal Borer, Aide 60 Ton Rapid Production Press, 3 Vertical Turret Lathes, 11 Centreless Universal & Cylindrical Grinders, Pongrass & Parker Tube Benders, 2 Thermojet Parts Washers, 3 Dust Extraction Systems, P & M Plastic Abrasive Paint Stripping System, 16 Vertical, Horizontal & Universal Milts, 11 Centre & Turret Lathes, Weldon NC Universal Grinder, 11 Polishing & Lapping Machines, 9 Pedestal & Radial Drills to 1600mm, 2 Broaches, Mapre Thread Rolls, Surface Grinders, Tensile & Drop Weight Impact Testers, Cambridge Stereoscan Microscope, Thicknesser, Buzzer, Band Saw, Wood Lathe, Internationa) Tractor, Ground Maintenance Equipment, Profile Projectors, Hoists, Small Tools At Metrology Equipment. GEAR MACHINES. 2 Gleason 116 Hypoid Gear Generators, 3 Gleason Hypoid Gear Grinders Models 463, 27 & 16, Gleason 623 Universal Gear Tester, Gleason 17A Hypoid Gear Tester, 2 Maag Gear Testers Types FP30 & SP60, Kl i n gel n berg Gear Tester Type PZ376, Matrix MK3 Tester, Gleason 16 Blank Checker, Gleason Quench Press, Fellows Gear Shaper Model SR600-100, Barber-Coin, an 16-66 Gear Hob, Lindberg Integral Quench Furnace, Lindberg 16-RO-69-1BAS Rotary Hearth Furnace Etc. DAY 2 TOOLROOM. Churchill, Blohra & Power Surface Grinders, 9 Makino, Cincinnati & Macaon T & C Grinders, 6 Centre Lathes, Gleason Gear Cutter Sharpener, Klink Auto Broach Grinder, Radius Grinders, Universal Grinders, 2 Milling Machines, Surface Tables & Consumables. NON DESTRUCTIVE TESTINGt Lectro Flux Crack Detectors, 2 ES Fab Penetrant Inspection Systems, 6 Vapour Degreasing Plants, Andrex CP490 X-Ray, Muller & Seifert X-Ray Equipment, Wilnos Viewers. HEAT TREATMENT) Lindberg Rotary Hearth Furnace (New), Lindberg Integral Quench Furnace, GleaBon Quench Press, Birlec Aging Furnace, Ipsen Vacuum Pit Furnace Type WFC, Leeds ft Barford Autoclave, Lindberg Hydrogen Atmosphere Furnace Etc. ULTRASONICSi Aldetec Ultrasonic Bar Inspection Unit, Aldetec Ultrasonic Imeraion Flaw Detector, Thickness Testers, Ultrasonic Imaging System, Krautkramer Ultrasonic Flaw Detector, Sundry Small Test Apparatus. GRIT BLASTING) 2 Godfrey Howden Automatic Peening Machines, Wheelabrator -Granowski Bead Peen, 3 Manual Cabinets, Centri-Finish De Burrer. GRINDING! 2 Blohm-Hauni CNC Surface Grinders Model 3102, ELB-NC Profile Surface Grinder, White A Suns trend Belt Linisher, Surface, Cylindrical, Universal & Internal Grinders. DAYS Over 700 Lots Consumable Tools eVMetrology Equipment For Further Details Contact Mr Graham Robert 646-2499 VICTORIA POLICE STOLEN AND UNCLAIMED GOODS 3 Welding Booms, 2 Steel HD Welding Make Up Tables, Sharp Mobile Air Compressor Plant, Jet Fire Mobile Factory Heater, CIG Arc Welding Plant, 2-4 Wheel Lawn Mowers, Wheelbarrows, King Drilling Machine, Skil Bench Grinder, Bolted Floor Lifting Gantry, Chain Block, Mercury Factory Lights, Aluminium Ladders, Gang On-site Tool Boxes, large range PortableElectric Hand Tools, Kibblers, Saw, Angle Grinders, Drills, Spray Guns and Pots, Brush Cutter, Strapping Set. 4 asstd Steel HD Double Sided Tree Stock Racks, Multi Section Stock Racks, large range Steel Stocks, qiy asstd Screws, Brackets, Washers, Bolts, Nuts, Plumbers Stock. OFFICE: Mita Photocopier, NEC Facsimile Machine, Typewriters, Calculators, Draughtsmans Drawing Machines, Office Desk, ArmVisitors Chairs, Bookshelves, Steel FilingStationery Cabinets. MOTOR VEHICLES TO BE SOLD AT 12.30 PM: Caterpillar ForkJift Truck, I486 Holden Twin Cab Rodeo Utility, 1982 Holdcn 1 Ton Utility, 1976 Ford AND INSURANCE CLAIMS Incl. shotgun, car stereo equipment cameras and equipment, binoculars, mobile and car phones incl. Attache Mobiltronics, Telecom, Walkabout Century 21, Motorola, fax machines Incl. Toshiba, Sharp, video cameras, VCR's, colour TV's, CO players, CD's, tape decks, CB's, speakers, computers, calculators, typewriters, electrical appliances inc. microwaves, musical instruments, qty. perfume, sports equip., leather saddle, toys, books, clothing, boots, electrical tools, tool boxes, wall ovens, generator, medical equipment steam cleaner, compressor, motor mowers, whipper snippers, bikes, (AT 1.00PM) propogation equipment motor bikes incl. Kawasaki KE175 S, Yamaha MX100 and MXSO's, Kawasaki KE12S's, Suzuki RM80's and various Yamahas, car parts, tyres, trailer $50 RegistrationCatalogue Fee Required (Fully Refundable) View Monday, 20th September 10AM-2PM Only. Further eMail contact Tony Nathan 645 3144 or 019 531 022. Tray Truck, landem Axle Contractors trailer 20 xb. NOTE: $500 Deposit on the fall of the Hammer on each Vehicle. To the order of: STEELON PTY LTD (Pending Voluntary Liquidation). On view day prior 9 am - 4 pm. FRUIT JUICE BOTTLING AND PACKAGING PLANT, MACHINERY AND EQUIPMENT, FORKLIFT TRUCK Wednesday 29th September at LOO pm. (Note Time) Lot 1 Sturt Highway, Euston, NS.W. (via Mildura) AUCTION TUESDAY 21ST SEPT XT 10 AM In ear Auction Complex 173-175 North bo am Bd, CampbelUteld Vk 3061 AJc Leading Bank Institution, Various Finance Companies & Valued Clients TRANSPORTS '91 Ford L 9000 6 x 2 (to be sold without an Engineers Certificate), '89 Wostorn Star (Sorlos 60 425 HP), '82 While Road Boss BD DM, '84 Atkinson 4870, approx '81 F10 Volvo 4 x 2 TiT, Vehicles ft Utes include: '82 Toyota FJ 45 landcruiser, '84 Ford Trader Crew Van, '81 Toyota Oyna dual cab ule, '84 Ford Courier Ule, '88 Ford Courier Ule, '87 XF Falcon Ule, '79 HZ Holden Ule, '81 Acco 1950 C 24' TT (lazy axle) motor in pieces, 2 x Mitsubishi FQ 15 fork lifts on solids (1 x sideshift), Clark 4 ton lork lift, Cat 1830 Bobcat, MF 4800 artic 4WD tractor, kockums 650 log forwarder, 9 x Lincoln AS 400 Arc Welders, R30 ditch witch, Bedford 6 meter tip Iruck & plant trailer, single axle dual 26' 6" Dove tail trailer, '89 41' Maxlcubeftruehauf HD tri axle double racking fridge Pantechnicon super singles with ring feeder coupling, Freighter tri-axle drop deck trailer, Beaver tail hydraulic ramps, 1 set of 20' container pins, 30000 161b hydraulic winch wilh controls. 22 ton dark 720cm crane, good selection on continuing basis 20', 16', 12' sits offices and 12' tolls! blocks. INSPECTION MONDAY 20TH SEPTEMBER 8.30 4,30 PM Prospective purchasers of firearms must have a "PERMIT TO PURCHASE" form on day or auction ana aay prior- forms avanaoie tram your MAIOR PLANT: Citrus Fruit Juice Bon linn and Packaging Line comprising Bondavalli SS 33 Head Vacuum Bottle Filling Machine, Macquina Single Head 3 Lug Bottle Twist Capping Machine Model VVA300, Barry Wehmillcr 14' x 50' Continuous 4 Zone Pasteurizing Tunnel, Kroncs Polymatic Glue Type Bottle Labelling Machine, Vidcojel Computerized Spray Ink Coding Machine Model Excel 100, 4 Meyer Huntingdon Bottle Drop Packaging and Canon Scaling Machines, Printos Marsh SS Sprav Ink Jet Coding Machine, SS 2 Column Horizontal Spiral Tube Heat Exchanger, 2 Comet 5000 litre SS Jacketed Juice Reccival Vats, SS Balance Vat, SS Centrifugal Pumps. 6 Lane PVC and SS Slat Belt Bottle Accumulation Convcvor, SS Bottle Twist Washing Unit, Ticman Blue Giant Hydraulic Depailetizing. MAINTENANCE: Crowthorn 6'i" Centre AGH Lathe, McMillan MillDrill Type MD-32, range asstd SS Pipeworks, Fittings, Steel Shelving, Work Benches, Electrical Spares, Circuit Boards, Conveyors and Stands, Electric MotorsPumps, Pallet (Racking. PLANT SERVICES & FORKLIFT: Maxitherm 125 hp Packaged GasSteam Boiler Model 125EN100, Broomwade Twin Cylinder Air Compressor Plant, Air Drver, Air Receiver and Pipework, KOMATSU 3900 LB DUAL FUEL FORKLIFT TRUCK MODEL FG25-7. OFFICE: asstd Office Desks, Chairs, Steel MAIOR CLEARING SALE SATURDAY 9TH OCTOBER AT 11 AH POTATO NACHINEBT (Outstanding Offering) Moolap Geelong, Tic. 3221 (Full lilting Weekly Tunes 22nd September) Filing Stationery Cabinets, Stacking Chairs. To The Order Op Hawker De Havilland Victoria Ltd A Department of Defence AUCTIONEERS NOTE: Offers lor the sale of the assets as a whole will be considered up i w-j i WEDNESDAY 22ND SEPTEMBER 1993 10:00AM EXEC. OFFICE FURNITURE, 200FT PARCEL CONVEYER, PARKS AND GARDEN EQUIPMENT, FILTERS, SPARE PARTS, NOMEG CYCLE THERAPY MACHINE, IMAGERS, CHEMICALS Incl. walnut and ash veneer desks, storage cabinets credenzas, metal desks, student lockers, stationary cabinets, 2, 3 and 4 drawer file cabinets, computer tables, drafting boards, executive, reception, typist chairs Incl. gasiift, office partitions, household goods Incl wash machines, refrigerator, dryers, CTV's, display racks, (AT 1.00PM) Nomeg Cycle MK1 occ Therapy Machine NORFIN photo Imager, Agfa-Gevaert Raplmat auto 65, 2 pallets assorted chemicals, motor mowers Incl Vkta, 460 utilities and super 600's chalnsaws, Incl Stihl 066,026 and 084's, Hitachi, hammer drill, kanga drill, 2 vibrating plates large qty automotive, filters Incl, Mitsubishi, International, Nissan, Catapiller, and Massey Ferguson plus Mansport Spareparts and more. SS0 RegistrationCatalogue Fee Required (FULLY REFUNDABLE) Further detail! contact Mr. Kavtn Braon 645 3144. TIMBER & BUILDING MATERIALS COLONIAL ARCHITRAVE, BATHS, SHOWER BASES, WINDOWS, LAMINATED BENCH TOPS, TOILET PANS, ASH DOWEL, .TURNED BALUSTERS, PINE FLOORINGFRAMING, ROLLERDOORS, K.D. MOULDINGS, PINE MILL CLEARANCE, SPAS 10 packs 7090x19 colonial arc's, 30 plus baths, 30 plus showerbases, 15 asstd windows, 10 laminated timber benchtops in tas oakblackwood, 50 plus toilet pans, 1 pallet ash 16mm, dowel, 500 plus turned balusters, 10 packs pine 120140x19 fig merch I.I; 12 packs 90x3545 merch I.I., mouldings Including flats, cover strap, scotla, 12x12 d.a.r., glass bead, and more, plus 3 packs asstd window mouldings, 20 packs pine 70x45 dar, f7 200250x50, 4270x19 dar, 150x17 r.s. 1 pack zinc roof decking, truck load hardwood 145x3545, 4 complete spas, (3xcorner, Ixoval), truckload pine 3570901 15x22mm, 45x45, 57x57 dar, 2 packs steel framing97x36x4.2, cypress decking, crate merantl 42x14 door jamb arcs. B packs redgum posts 125x75x2.1, tpine 180290x45x4.8, 6 pallets slsalatlon, 6 boxes c'bond downpipe straps, plus much more. Rirthar dataiH contact Mr Frank Bain 645 3144. CARPET Scotchguarded nylon cut ft loop In 2 colours 60M each Woolblend loop pile factory seconds 100M. Med commcerclal Poly Loop Piles in 3 colours. Many short rolls, part rolls, various colours and grades. PRIVATE SALE: Liquidation Stock 1500M first Catalogues Available to Fhursday 23rd September, 1993. To the order of; HILLTOP AUSTRALIA PTY LTD, who are rationalising their manufacturing operations, On view day prior - Catalogues available. ' COMPUTERS, HI Fl SYSTEMS, PHONE SYSTEMS, ELECTRONICS Friday 1st October at 12 Noon. In Our Auction Complex, 91-101 Leveson Street, North Melb. (enter via Bendigo Street) COMPUTERS: Asstd 4S6, )8 and 286 PC's. HI Fl SYSTEMS: Large range Portable and Shelf Syslems. PHONE SYSTEMS: Asstd Commander Systems mcl HN-il8, BN-blA SJ06, N-1236 etc. SOFTWARE: IBM Game and Business Packages. ELECTRONICS: Asstd Faxes, Photocopiers, Calculators etc. . On view day prior 9 am - 4 pm and morning or Sale. Thursday, 23rd September, 1993 at 11.00am 401 Maroondah Hwy, Ringwood SHORT NOTICE AUCTION SPA BATHS, STOCK & UTILITY SPASi Sportsman 4.6m Swim Spa, 6 Spa Pools, 35 Spa Baths, Covers, Heaters, Filters, 50 Assorted Spa Pumps, Test Kits, Salt, Display Modules, PLUMBING! PVC Pipes, Connections, Dorf Taps & Bathroom Fittings, Spa Jets, Drains, Switches, Pump Covers, BATHROOM! 6 Vanities, 7 Porcelain Basins, 10 Toilet Pens fc Cisterns, UTILITYi 1278 Holden Hs For Further Details Contact Neil Schiller (646 1499) To the Order of Mr Michael W. McCann A David H. Scott as Receivers A Managers ofMacNeil Pty Ltd TIAs Speciality Spas 5555 On View Day Prior 8-30em -4.00pm SHORT NOTICE AUCTION Friday, 24th September, 1993 at 11.00am 81 Keys Road, Moorabbln PANEL BEATERS ft VEHICLE SERVICING PLANT ft EQUIPMENT Capri 20' x 12' Gas Fired Baking Oven, Compair 6000E Silenced Air Compressor, Spies Hecker Paint Tinting System & Stock, Fiap F21 Type Changer, Repco 471 OIT Car & 409 On Car Wheel Balancers, Static 420 Wheel Balancer, KC Tool Kit, SAE Parts Washer, FMC 280 Wheel Aligner, Rich Porta Power Unit, Gas Factory Heater, Pneumatic & Electric Hand Tools, Oiy Acetylene Welding Kit, 3 Trolley Jacks, Apac 10 Tonne Truck Jack, Car Stands, Sundry Hand Tools, Ricoh FT6200 Photocopier, Cafe Bar A Office Chairs. For Further Details Contact Jason Gollant (646 1499) To The Order Op. The Official Receiver on Behalf of the Official Trustee in the Bankrupt Estate ofN.R. Craven, TIAs TA. Smash Repairs. On View Morning of Bale 8.30am MOBILE CRANES, STEEL FABRICATION MACHINERY, PLANT AND EQUIPMENT Tuesday 5th October at 11.00 am. Tomago Road, Tomago, Newcastle, NSW grade wool twist and plush In beige, green, camel, bluegrey, mushroom, requirements. CARPET YARN - 2100 Kilos 2 ply, 3 ply, ft 4 ply Woollen Yarn assorted colours. Laying ana underlay available, runner cmuim contact 645 3144. HALLOO Al.l.tO CONSTKUCTION PTY 1.IMITKH To the order of: ALLCO STEEL CONSTRUCTION PTY LIMITED, who are disposing of Equipment surplus to their ongoing requirements. PRELIMINARY NOTICE THURSDAY 30TH SEPTEMBER 1993 10:00AM MAJOR BAKERY AND CATERING Entries Invited. Further details contact Mr. Kevin Brawn 645 1144, On view day prior or by appointment - Catalogues available. J PUBLIC AUCTION OF GENERAL SURPLUS STORES DEPARTMENT OF DEFENCE (ARMY) BR0ADMEAD0WS LOGISTIC BATTALION CAMP ROAD, BR0ADMEAD0WS. 1 woodworking machine L Invinsible Universal 3 phase cw accessories used, 1 Wolfenden 20" circular saw mod SJB20 3 phase cw Accessories, 1 Grinding Machine Knife 6' blade capacity 3 phase used, 1 Myford Super Seven Lathe 3 phase cw accessories used, 1 LS Barker woodworking machine 3 phase used, 8 large CIG spray painting pots new, 1 Macson SCM S63 thicknesser 3 phase, 1 grinding machine waldown pedestal 10" 3 phase, 1 Waldown upright drill 240V cw stand, 3 Crompton & Parkinson upright drills 12 H.P. 3 Phase, 1 Ross air compressor XE mobile 240V 12 H.P., 1 Servex air compressor 5 H.P. 3 phase 525 RPM used, 1 70mm Mamiya camera outfit cased cw accessories, 2 Cobra altas Copco paving breakers petrol driven, 1 Repco electric wheel balancer, 2 Ferrecart hydraulic floor cranes cap 1275 kgs, 2 paper shredders used, 1 Warren & Brown valve refacing machine type 241 ,000 240 V, floor jacks, draughting boards, vehicle stands, steamcleaners, floor polishers, vices, tool kits and tool boxes, engineers straight edges, socket sets, 3 large floor staplers, a large qty. of kettles new, star picket drivers new, tools, typewriters, electric fans, floor clamps, 2' wood planes new, 130 cubic ft freezer, welders, tarpaulins truck used, lights & fittings, vehicle spares, kitchen & catering accessories, a large qty. of furniture & much more. VIEWING TIMES Monday 27th September '93 - 8.00 am to 3.45 pm Tuesday 28th September '93 - 7.45 am to 8.45 am AUCTION STARTS 9.00 AM SHARP TUESDAY 28TH SEPTEMBER 1993. Terms are strictly Cash or Bank Cheque - 8 25 Deposit -Bal. 48 hrs Enquiries to: Mr Peter Mallett ph: (03) 358 1223. Catalogues available at Auction Site. ENGINEERING PLANT AND TOOLMAKERS SMALL TOOLS, METROLOGY EQUIPMENT AND CONSUMABLE ITEMS FOR SALE BY TENDER CEILING MOUNTED RUG RACKING Approx 140 mtrs Celling Fixed Rug Racking Complete with Rug clipping. To be sold either as one lot or 2 lots. 10 RACKS lOOmts long 10 Racks 4 mts long approx. Under Instructions from Major floorcoverlng retailers. Tenders close 5PM Frl. 24th Sept. Further datalla contact Mr. Tony Nathan 645 3144 or Fax 646 4643. Thursday 7th October at 10.00 am. (Note Time) Wests Road, Martbyrnong To the order of: AUSTRALIAN DEFENCE INDUSTRIES LTD as part of thtir continuing rationalisation programme. API On view day prior 9 am - 4 pm. WEDNESDAY 22ND SEPTEMBER 1993 10.00AM Buyert note: $100 (Cash) Registration Fee (Refundable) will be charged to IN OUR AUCTION COMPLEX Friday 24th September, 1993 at 10.00am (Note Time) 344 Lorimer St (Cnr Todd Road), Port Melbourne ENVIRONMENTAL PRODUCTS ft $20,000 STOCK OF LADIES ft GENTS DRESS ft CASUAL SHOES ENVIRONMENTAL PRODUCTS! Tea Tree A Eucalyptus Oils, Laundry Detergents, Pot Pourri, Cane Baskets, Dishwashing Liquids, Skin Care Products, All Purpose Cleaners, Soap, Pet Care Products A Assorted Paints A Vamish. BHOESi Ladies A Gents Leather A Suede Dress A Casual Shoes Including Mori Cardino, Morrow Taylor, Nerone A Batsanis. For Further Details Contact Mark Molony (646 1499) To The Order Of Various Finance Companies, Liquidators A Others On View Day Prior 9.00am to 4.00pm all prospective purchasers. Payment terms strictly Cash or Bank Cheque Buyers are advised to enquire with the Auctioneers regarding the withdrawal of any major items being submitted for Auction Sale. 140 GOVERNMENT ft FINANCIERS VEHICLES 330 DAMAGED VEHICLES For full vehicle lining! refer to the 2nd page of the motor market supplement of this paper. AUCTIONEERS, VALUERS AND BROKERS GENERAL AUCTION COMPLEX 484 Graham St, Port Melbourne (03) 945 S144 VEHICLE AUCTION COMPLEX Gordon Luck Ave, Altona (03) 1M 58U VALUATIONS AND ON SITE AUCTIONS 484 Graham Street, Port Melbourne. (03) 645 3144 91-101 LEVESON STREET, NORTH MELBOURNE PHONE: 326 6000 FAX: 326 8974 1m
HP is kicking off its Software Universe 2010 show by unveiling a raft of new and upgraded products designed to simplify management of virtualized environments and cloud-based services.
As enterprises adopt hybrid IT models, spanning physical and virtual environments, they need tools that can help manage the performance and availability of all their applications, irrespective of where they're running, says Paul Muller, vice-president of strategic marketing for software products in HP's Software & Solutions group.
"We want to help IT simplify and automate the process of deploying business applications into this new hybrid world of virtual, cloud, physical, on-premise and off-premise, and help them accelerate the benefits to the business without introducing them to more risk," Muller says.
Among the news being announced at HP Software Universe is a new version of HP Business Service Management; a new product called Test Data Management; and three new service offerings designed to help customers maximize their software investments.
HP's Business Service Management (BSM) software correlates business services with the underlying infrastructure so IT teams can manage applications, networks and events more efficiently and stay in compliance with service-level agreements.
"Business Service Management 9.0 is all about helping our clients improve the health of their services in the hybrid services delivery model," Muller says.
New to BSM 9.0 is what HP is calling a "run-time service model," which maintains an updated view of a company's application services, whether the applications are running in an on-premise, off-premise, physical or virtual environment. This can reduce the time it takes to troubleshoot and analyze service issues when there's a potential problem. "Your diagnosis of a problem is only as good as the level of information that you have to work with," Muller says.
While traditional products use manually created configuration management database (CMDB service maps, BSM 9.0 automatically integrates with HP's Configuration Management System. The service model is constantly updated to ensure that IT operations teams can view the most accurate state of IT services. This is particularly critical for managing virtualized and cloud environments, Muller says.
"We're dealing with a virtual/cloud world where the velocity and frequency of change has, we believe, somewhere between 10 to 100 times the number of changes that were occurring in traditional physical environments. So you need a system that [keeps track of all those changes] and is run-time up to date, all the time."
New collaboration capabilities in BSM 9.0 use mash-ups to provide role-based management data, in context, to IT team members to speed decision making and problem resolution. "So you've got a contextualized but shared view of the IT world," Muller says.
New elements in the BSM 9.0 portfolio include: HP's Business Availability Center 9.0 for applications monitoring and diagnostics; Operations Manager i 9.0, which automatically discovers and reports any changes in applications and physical/virtual infrastructure; and Network Management Center 9.0, which integrates fault, availability and performance management into a single view.
Test data management
On the testing front, Test Data Management (TDM) is a new product designed to automate the process of obtaining test data from live applications. Enterprises need relevant data to test future applications, but extracting such data from production applications and making sure it's appropriate to use in the testing environment is a cumbersome, costly effort.
In fact, extracting and preparing data for a testing cycle can consume more than 50% of overall testing time and resources, Muller says.
With TDM, enterprises can use tools to automatically extract, scrub, normalize and mask data, and then feed it to testing systems that need it. This can lower costs associated with application testing plus ensure the use of sensitive data doesn't violate compliance regulations such as the Health Insurance Portability and Accountability Act or Payment Card Industry Data Security Standard.
HP also inked a deal to integrate its Quality Center software with CollabNet's TeamForge application life-cycle management platform in an effort to help software teams -- including business analysts, project managers, developers and quality assurance specialists -- better collaborate.
On the services front, HP is highlighting three new and expanded offerings. Its Solution Management Services (SMS) provide software support and consulting services aimed at helping companies simplify and optimize their deployments of HP's business technology optimization and IT management applications.
In addition, HP extended its Business Availability Center (BAC) Anywhere service to support on-premise environments. HP BAC Anywhere, delivered via a software-as-a-service model, allows organizations to monitor their external Web applications from anywhere in the world -- including outside the firewall -- from a consolidated console. Businesses can connect their on-premise instances of HP BAC to global points of presence that reside in the HP SaaS cloud.
Lastly, HP's BSM 9.0 services can help customers design and deploy their HP BSM software. A discovery workshop helps customers identify people, process and technology challenges, while deployment services are designed to minimize application downtime.Join the newsletter!
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