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SMART Reports Full Year and Fourth Quarter 2013 Financial Results
May 16, 2013
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Full year revenue of $589.4 million
Annual gross margin of 44.4%
Full year Adjusted EBITDA of $48.8 million
Annual Adjusted Net Income of $11.8 million
CALGARY, Alberta, May 16, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced financial results...
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SMART Closes Transaction to Sell and Lease Back Calgary Headquarters
May 13, 2013
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CALGARY, Alberta, May 13, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced the successful closing of its transaction to sell and lease back the company's headquarters located in Calgary, Canada. The transaction generated proceeds of approximately $77 million in c...
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SMART Technologies Announces Resignation of Director
May 6, 2013
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CALGARY, Alberta, May 6, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (the "Company") (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, announced today that Mr. Arvind Sodhani, President of Intel Capital and Executive Vice President of Intel Corporation, has resigned from SMART Technologies Inc.'s Board of Directors, effect...
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SMART to Announce Full Year and Fourth Quarter Results
May 2, 2013
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CALGARY, Alberta, May 2, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced that it will report financial results for its full fiscal year and fourth quarter ended March 31, 2013, after the financial markets close in the United States and Canada on Thursday, May 16...
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SMART Announces Withdrawal of Proposed Offering of Senior Secured Notes
Mar 26, 2013
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CALGARY, Alberta, March 26, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (the "Company") (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, announced today that it has decided not to proceed with its previously announced senior secured notes offering at this time. The Company opportunistically sought to refinance certain of ...
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Photo Release -- Introducing the SMART Room System(TM) for Microsoft(R) Lync(R)
Mar 18, 2013
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ORLANDO, Fla., March 18, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, announces the SMART Room System for Microsoft Lync unveiled today at Enterprise Connect. SMART worked directly with Microsoft to develop the turnkey solution for meeting rooms that simplifies the collabora...
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SMART Announces Proposed Offering of $250.0 Million Senior Secured Notes
Mar 14, 2013
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CALGARY, Alberta, March 14, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (the "Company") (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, announced today that it intends to offer, subject to market and other customary conditions, up to $250.0 million in aggregate principal amount of new senior secured notes due 2020 (the "...
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SMART Announces Conditional Settlement of Class Action Lawsuits
Mar 13, 2013
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CALGARY, Alberta, March 13, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, announces that it and the other defendants have entered into an agreement in principle with the plaintiffs in the shareholder class action lawsuits. These include SMART Technologies Inc. Shareholder Lit...
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SMART Announces Greg Estell as President, Education
Mar 6, 2013
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CALGARY, Alberta, March 6, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, announces the appointment of Greg Estell to the position of President, Education. Estell will lead the newly formed Education Business Unit and will be responsible for its strategy, financial objectives ...
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SMART Wins Significant Education Tenders in the Middle East
Feb 17, 2013
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CALGARY, Alberta, Feb. 17, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, announces that the Ministry of Education for the Kingdom of Saudi Arabia has awarded two tenders to SMART for a combined installation of 9,000 SMART Board™ interactive whiteboards and equivalent li...
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SMART Reports Third Quarter 2013 Financial Results
Feb 6, 2013
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Revenue of $138.9 million
Gross margin of 42.3%
Adjusted EBITDA of $5.8 million
Adjusted Net Loss of $2.3 million
CALGARY, Alberta, Feb. 6, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced financial results for its third quarter ended December ...
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SMART Appoints Neil Gaydon to Its Board of Directors
Feb 6, 2013
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CALGARY, Alberta, Feb. 6, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, announces the appointment of Neil Gaydon to its Board of Directors, effective immediately. Mr. Gaydon has served as President and Chief Executive Officer of SMART Technologies since October 2012. Prior to...
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Photo Release -- New SMART Table® 442i Inspires Collaborative Learning
Jan 30, 2013
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LONDON, Jan. 30, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions and the company that pioneered interactive learning tables, introduces their newest innovation — the SMART Table® 442i collaborative learning center. Publicly unveiled at the British Education Technology...
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SMART to Announce Third Quarter Results
Jan 23, 2013
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CALGARY, Alberta, Jan. 23, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced that it will report financial results for its fiscal third quarter ended December 31, 2012, after the financial markets close in the United States and Canada on Wednesday, February 6, 201...
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SMART Announces Corporate Restructuring
Dec 11, 2012
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Realignment of the Company into two business units to improve customer focus
Increased efficiencies expected to reduce annual costs by approximately $40 million
CALGARY, Alberta, Dec. 11, 2012 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced a corporate restr...
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SMART Announces Kelly Schmitt as CFO
Nov 15, 2012
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CALGARY, Alberta, Nov. 15, 2012 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, announced today that Kelly Schmitt has been appointed the Company's Vice President, Finance and Chief Financial Officer effective November 30, 2012.
Ms. Schmitt has been with SMART for five years, an...
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SMART Unveils World's First Fully-Integrated Touch-Enabled Interactive Projector
Nov 14, 2012
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CALGARY, Alberta, Nov. 14, 2012 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, announces the upcoming release of the world's first fully-integrated touch-enabled interactive projector. The SMART LightRaise™ 60wi interactive projector is a touch and pen-enabled projector that ...
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SMART Reports Second Quarter 2013 Financial Results
Nov 7, 2012
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Revenue of $170.8 million
Gross margin of 45%
Adjusted EBITDA of $26.7 million
Adjusted Net Income of $13.0 million
CALGARY, Alberta, Nov. 7, 2012 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced financial results for its second quarter ended Septem...
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SMART Announces Warren Barkley as New Chief Technology Officer
Nov 5, 2012
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CALGARY, Alberta, Nov. 5, 2012 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announces the appointment of Warren Barkley as SMART's Chief Technology Officer, effective November 13, 2012. Mr. Barkley brings over 17 years of technology experience and leadership, most recently ...
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SMART to Announce Second Quarter Results
Oct 24, 2012
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CALGARY, Alberta, Oct. 24, 2012 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced that it will report financial results for its fiscal second quarter ended September 30, 2012, after the financial markets close in the United States and Canada on Wednesday, November 7, 2...
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