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Vendor Name : EMC
Exam Code : EVP-100
Exam Name : VSE Consolidate Product & Technology Test
Questions and Answers : 133 Q & A
Updated On : December 18, 2018
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EMC EVP-100 Exam (VSE Consolidate Product & Technology Test) Detailed Information

RESOURCES
Additional Training, Tools and Resources available anytime, anyplace
CERTIFICATION FRAMEWORK
An overview of the EMC Proven Professional Program and VCE Certified Professional frameworks, with Tracks, Audience Type, and Levels.
EMC Proven Professional certification framework >
VCE Certified Professional certification framework >
EXCLUSIVE BENEFITS
EMC Proven Professional certification brings powerful benefits to individuals and the companies for which they work.
EMC Proven Professional exclusive benefits >
EXAMS AND TRAINING
Detailed listing of certification exams with corresponding training and practice tests.
EMC Proven Professional exams & training >
VCE Certified Professional exams & training >
MANAGE YOUR CREDENTIALS
CertTracker will assist you to manage your exam records and certification information.
EMC Proven Professional CertTracker >
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SCHEDULE AN EXAM
Contact a Pearson VUE testing facility near you.
EMC Proven Professional exam >
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NEWS AND UPDATES
The latest information on program updates, new exams and exam updates.
EMC Proven Professional news and updates >
POLICIES AND OTHER RESOURCES
Access helpful information about certification program policies and managing your certification.
EMC Proven Professional policies & resources >
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Education
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Training and Certification
Invest in the best available education for information storage and management:
Learn to leverage your information infrastructure.
Be ready to manage your information growth.
Join the growing community of EMC Proven Professionals:
Validate your knowledge and maintain your credentials.
Share your knowledge with other members of the community.
EMC Education Services
Our approach to training is simple—provide training that is relevant, timely, convenient, and cost-effective. Our goal is to ensure that you maximize the return on your EMC investment.
Learn more on the EMC Education Services site view software training
Other EMC education sites:
Content Management (EMC Documentum, EMC Captiva)
Information Security (RSA)
Virtualization (VMware)
EMC Proven Professional Certification
EMC Proven Professional is the premier learning and certification program in the information storage and management industry. Sign up to invest in yourself, validate your expertise, and get proven.
Learn more on the EMC Education Services site view software training
Other EMC certification sites:
Content Management (EMC Documentum, EMC Captiva)
RSA Certified Security Professional
VMware Certified Professional
EMC Certification Guide: Overview And Career Paths
By Ed TittelAPRIL 14, 2016 11:00 AM

IntroductionEMCSA: EMC Storage AdministratorEMCDSA: EMC Data Scientist AssociateEMCCA: EMC Cloud ArchitectEMCCAD: EMC Cloud Administrator
Your Storage Career With EMC Certs
EMC offers certifications in enterprise storage, including tracks for data scientists, cloud (data center) architects, cloud administrators, as well as vendor-neutral options. Learn more about EMC's certifications and career paths for IT professionals.
EMC has been a market leader in the storage space for more than two decades. With such tenure comes a responsibility to train and certify storage engineers, developers, administrators and architects on the company's hardware and software. EMC accomplishes that goal through its Proven Professional certification program, and uses this program to maintain stringent training and certification requirements, as well as to provide a conduit for gathering valuable feedback from customers and IT professionals. Becoming a certified EMC Proven Professional allows direct input into EMC's product teams, so certification holders can affect the timing and feature-sets for EMC products and services.
EMC is so popular and successful that it comes as no surprise that the company has garnered the attention of various IT industry powerhouses. Currently, Dell plans to acquire EMC for $67 billion. There are bound to be changes at EMC once that acquisition is final, so credential seekers should check the EMC site frequently for potential updates to the EMC certification program.
EMC Certification Program Overview
Various specialization tracks exist within the Proven Professional program, allowing certificate holders to attain a depth of knowledge—which most EMC users cannot acquire—in specific areas of EMC products and storage technologies in general. Proven Professional tracks include data scientist, cloud architect, cloud and storage administrator, technology architect, engineer (cloud, platform and implementation), application developer and system administration. EMC also offers product-specific certifications for customers who utilize EMC ScaleIO, ViPR, Data Protection Advisor and XtremeIO storage solutions.
Most, but not all, Proven Professional tracks come in three levels: Associate, Specialist and Expert. The EMC certification process allows Proven Professionals to acquire experience and knowledge that can greatly assist in acquiring and flourishing in a storage-related job.
Each certification track in the Proven Professional program identifies a specific target audience. Current tracks that are open to any and all interested parties include the following:
Data Scientist (EMCDS)
Cloud Architect (EMCCA)
Cloud Administrator (EMCCAD)
Tracks geared towards EMC partners and customers include:
Storage Administrator (EMCSA)
Product/technology specific (ScaleIO Server-based SAN, ViPR Controller and Data Services, ViPR SRM Storage Resource Management, and Data Protection Advisor)
Tracks designed for partners only include the following:
Product/technology specific (XtremIO flash storage solutions)
Technology Architect (EMCTA)
Cloud Engineer (EMCCE)
Platform Engineer (EMCPE)
Implementation Engineer (EMCIE)
Prerequisites, pertinent technologies covered and additional specifics for each certification track and knowledge level are available on the Proven Professional website. Note that EMC provides free practice tests so that you can evaluate your readiness for each certification exam in advance. Of course, scoring a passing grade on the practice exam doesn't guarantee that you will pass the real exam, but relevant practice exams can indicate knowledge areas where you need more work prior to taking the real thing.
The following sections walk you through EMC certifications that are available to all interested parties and that don't focus on a particular technology. You'll also learn more about the job roles associated with each certification.
MORE: IT Career Paths & Certification Guides
MORE: Best IT Certifications
MORE: Best IT Training
MORE: All IT Careers Content
EMCSA: EMC Storage Administrator
If you are an EMC customer or partner and interested in storage, an excellent place to start the certification process is via the EMC Storage Administrator (EMCSA) certification. The EMCSA certification offers all three certification levels and completing the Associate Level certification requires you to pass just one exam, covering either information storage and management or backup recovery systems and architecture.
Although EMC recommends various instructor-led training (ILT), book-based training and online e-learning courses to prepare for passing each of these exams, there are no training or experiential prerequisites you must complete before taking the exams. Note that there are product-specific sub-tracks within the EMCSA certification, both at the Specialist and Expert levels.
Think about it: by passing a single storage exam, you can kick off your Proven Professional certification efforts and be well on your way to a better, more challenging job in the exciting world of storage technology!
Your First Job In Storage
With the lines continuing to blur between network, server and storage administrators, your first exposure to storage technology could well be in your current job. Software-defined networks and storage, cloud-based storage and virtual network overlays are all part of the movement towards virtualized storage systems. While storage area network (SAN) administrators have traditionally held jobs with a laser focus on physical storage strategies, the storage administrator of the future will have to know and understand physical and virtual storage, network and server technologies.
Now that infrastructure virtualization is settling into proven, production-ready technologies and techniques, storage administration must also move into storage/network/server administration rather than distinct disciplines for each area of expertise. As you proceed through the EMC storage certification process, be sure to pay close attention anytime the topic of virtualization appears. Virtualization of all types is profoundly impacting IT infrastructure, and storage virtualization is a huge part of that change.
EMCDSA: EMC Data Scientist Associate
The EMC Data Scientist Associate (EMCDSA) is a foundational certification that exposes you to the basics of big data and data analytics. Topics for this certification include an introduction to data analytics, characteristics of big data and the role of data scientists. Also covered are a variety of big data theories and methods, including linear regression, time-series analysis and decision trees. Various cutting-edge big data tools, such as Hadoop, "R" and PostgreSQL, are covered as aids to data analytics efforts.
EMC occasionally offers bundles of video ILT courses and an exam voucher at a significant discount, so be sure to check the EMC Proven Professional website before embarking on a new certification track.
Data Scientist, Business And Data Analyst Job Roles
The job role and description for data scientists is a fairly new development in the world of storage technology. Previously, storage analysts might have also been called "business analysts" or "data analysts," with distinct differences between the focus for each such role. IT business analysts are responsible for maintaining a business perspective on IT functions and operations, combining IT priorities with the business priorities of a company. Data analysts have traditionally focused on the technical aspects of storage and data management.
The data scientist role is a conglomeration of these two analyst roles: combining a strong technical background and understanding of data analytics with the acumen to recognize the impact of IT decisions on business operations. As you can see, a data scientist builds a bridge between the IT world and the business world, so that each side can appreciate concerns and input from the other. Think of data scientists as big-picture business leaders with a strong technical background in data analytics and management; in other words, they represent (and create) the best of both storage worlds.
EMCCA: EMC Cloud Architect
The EMC Cloud Architect (EMCCA) certification is your stepping stone from a storage administration or engineer role to becoming a full-fledged member of the storage elite. The EMCCA certification prepares storage specialists for migrating storage technology and applications to virtualized data centers or to the cloud. Data centers based purely on physical servers and infrastructure are quickly going the way of the dodo as virtualization technology transforms data centers into beehives of virtualization activity. EMCCAs help design virtual storage services and migration strategies as companies move from physical storage to virtual storage, or some mixture of the two.
EMCCAs learn generalized design consideration for virtualization of storage capabilities. The EMCCA certification is offered at all three knowledge levels and each level has its own specialization topic:
Associate: Cloud Infrastructure and Services
Specialist: Cloud Infrastructure Planning and Design
Expert: Cloud Services Planning and Design
The Cloud Architect Job Role
Cloud architects belong to the vanguard of storage architects that are leveraging their talents to virtualize storage infrastructure, as well as the underlying networks that support it. With cloud becoming the hottest of hot topics over the last few years, storage architects with an EMCCA certification will likely have a multitude of employment options available. From companies looking to migrate to a cloud storage design in their data centers, to cloud-based innovators such as Amazon Web Services, the cloud is doing more to automate IT infrastructure management and reduce costs than any single technology development over the last 20 years.
Many pundits worry that the software automation intrinsic in cloud environments will put various types of infrastructure administrators and engineers out of work. We believe there to be clear skies ahead for those who take the initiative to enhance their training and expertise with cloud technologies: those who successfully make the transition from storage administrator or engineer to cloud architect will remain in high demand for the foreseeable future. The reason that cloud has become such a popular buzzword is that cloud computing promises more resiliency at lower cost, with enhanced online data protection and disaster recovery capabilities thrown in for good measure. A strong business case for cloud technology makes the cloud architect a critical role for companies looking to move to a virtualized infrastructure.
EMCCAD: EMC Cloud Administrator
The EMC Cloud Administrator (EMCCAD) certification aims at professionals whose everyday work tasks involve the care and feeding of data center technologies. At the Associate level, an EMCCAD certification recognizes a solid foundation in data center infrastructure, storage systems and networking technologies, backup and replication, the cloud reference model, physical and virtual layers of a cloud environment, controls, services and management, and business continuity. At the Specialist level, a professional is expected to add capacity planning and management, process automation, multi-tenant management and chargebacks to his or her skillset.
EMCCAD certifications at the Associate level are fairly evergreen, applying to different vendor environments; the Specialist cert focuses on EMC and VMware technologies:
Associate: Cloud Infrastructure and Services (EMCCIS) and Information Storage and Management (EMCISA)
Specialist: Enterprise Hybrid Cloud Solutions - Federation
The Cloud Administrator Job Role
The duties of a cloud administrator are typically to install, operate and maintain the cloud infrastructure, often in a complex data center environment. At a more granular level, this often means developing and running workloads in a pooled compute environment that must be able to respond quickly to changes. This job role is often at the core of activity in a data center, interacting with software engineers, cloud architects and developers, and cloud product managers, and an administrator often needs good vendor relationship and negotiating skills to acquire necessary products.
Your Storage Career With EMC Certs
There are many moving parts to a company's storage strategy, and EMC's Proven Professional certifications are an excellent way to work your way into a great job in the storage arena. EMC's certifications are continuously updated and revised with the state-of-the-art storage management content, future-proofing your job skills and knowledge so that regardless of what new storage technologies become popular in the future, you'll always be on the cutting edge and in-demand.
From completing your first storage certification to achieving a data scientist or architect certification, each step in the Proven Professional program increases your knowledge, value and employment options in a competitive job market. The need for storage expertise will never recede and the sooner you start your certifications, the sooner you will begin to accrue the experience and expertise that can put you on a fast-track for success in storage management.

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EVP-100 VSE Consolidate Product & Technology Test

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EVP-100 exam Dumps Source : VSE Consolidate Product & Technology Test

Test Code : EVP-100
Test Name : VSE Consolidate Product & Technology Test
Vendor Name : EMC
Q&A : 133 Real Questions

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Dell EMC faucets into new verticals to extend its India enterprise | killexams.com Real Questions and Pass4sure dumps

Dell EMC taps into new verticals to expand its India businessDell EMC technologies is tapping into new verticals similar to wise manufacturing and power to extend its company in India in 2019, referred to a senior govt at the American company.

other than these two sectors, the company’s govt and wise metropolis initiatives are at present using its boom in India, talked about KC Choi, senior vp, international commercial enterprise methods Engineering, Dell EMC. The company has partnered with equipment integrators and utility providers for this initiative.

The enterprise also spoke of that it is working with the executive on a couple of initiatives such as the goods and functions tax (GST).

“The State bank of India has partnered with us to digitally consolidate 25,000 branches by way of the business’s facts centres (together with NSE and BSE). On the telecom aspect, we work with the greatest telecom enterprise within the 4G house along with network providers,” observed Rajesh Janey, managing director-commercial enterprise, India, Dell EMC.

Choi talked about that youngsters the business is seeing a spike favorite for emerging technologies equivalent to synthetic intelligence (AI) and computer researching the blend of recent and historical technologies is the place enormous increase can be viewed.

internet of issues, deep getting to know and precise-time strategies are the critical areas where the company is asking to increase its revenues, Choi referred to “we will also continue to focal point on mobility, hybrid, and multi-cloud purposes, and present conclusion-to-conclusion options”

In an past dialog with ETtech, Dell EMC had noted it plans to preserve its top place in India’s server market because it appears to introduce newer products which have capabilities in AI, blockchain, and analytics, and are compliant with cloud requirements.

Globally, Dell’s servers and networking business clocked a income of $5.1 billion in the 2d quarter of 2018, a 34% enhance from the outdated year.


Dell EMC midrange storage systems nudge a little nearer | killexams.com Real Questions and Pass4sure dumps

Dell EMC today launched working-equipment enhancements for its two leading midrange storage arrays, and the vendor hinted...

it may eventually converge the systems.

The storage market chief brought facts insurance plan and mobility elements to unity working ambiance (OE) 4.4 and ability and performance advancements to SC collection working gadget (SCOS) 7.3.

Dell's $60 billion-plus acquisition of EMC in 2016 left the mixed vendor's new enterprise IT division with assorted Dell EMC midrange storage platforms. Dell EMC has resisted phasing out both of its two main midrange techniques, the EMC solidarity and Dell SC (Compellent) brands, regardless of calls from trade consultants to consolidate its product lineup.

each Dell EMC midrange storage product lines are bought as all-flash or hybrid arrays. The unity line integrates block and file assist on a single array. It become launched in 2016 to replace VNX and VNXe midrange appliances. SC arrays give a reduce-charge midrange choice. Dell EMC is winding down aid for its midrange P sequence storage arrays, previously known as Dell EqualLogic.

within the close term, SC and harmony will run separate working software, besides the fact that children Dell EMC has hinted at plans to consolidate them on a single management platform. Foreshadowing possible consolidation is an HTML 5 management interface and faraway management added to SCOS, mirroring an identical consumer interface in solidarity OE models.

"Product transitions like this do not occur in a single day," observed Sean Kinney, a Dell EMC senior director of product advertising. "There can be a subsequent-technology platform at some point sooner or later, nevertheless it can be a nondisruptive migration route for all of them."

The newest harmony and SC enhancements are nondisruptive to customers, Kinney talked about, meaning the programs will continue to be accessible all through the upgrades.

Dell EMC's two leading midrange techniques focused different units of purchasers, noted Eric Burgener, a research vp for storage at IT analyst enterprise IDC.

"The SC collection is based mostly around the ordinary twin controller, scale-up array design, while harmony is more of a web-scale design. each products are aggressive with other midmarket offerings in terms of efficiency, scalability, functionality and cost, but the internet-scale design is doubtless the longer term," enabling for greater storage functionality to live in utility, Burgener referred to.

"The SC collection is for folks that desire more desirable value for the funds and like the SCOS operating ambiance. this is important as a result of loads of agencies ought to go through an intensive requalification effort to certify a new platform," Burgener talked about.

A single node of the SC collection will also be extra potent than a single node of cohesion, he delivered, "however that you may scale solidarity extra effortlessly through simply including more harmony nodes. unity is extra about data mobility from heterogeneous storage arrays and improved integration with the statistics core ecosystem of platforms."

maintaining both midrange home equipment ensures Dell EMC retains the colossal SC installed base, while gradually merging the two OSes, Burgener said.

"there were greater alterations within the administration GUI with this latest unencumber that do exactly that -- both GUIs appear greater alike," he delivered. "And both structures now support the CloudIQ cloud-based administration dashboard, which wasn't on SC earlier than."

cohesion bolsters statistics migration, replication and protection

Dell EMC claims shipments of unity have exceeded 1 EB of raw flash capacity on the grounds that the product launched in 2016.

"We're seeing continued quarter-on-quarter adoption of flash, as [an increasing] percentage of our total storage ability shipped with cohesion and SC. as the economics of flash come greater based on common spinning disk, more and more clients are announcing, 'whats up, i am going to go together with all-flash,'" Kinney stated.

Product transitions like this don't happen overnight. Sean Kinneysenior director of product advertising at Dell EMC

data insurance policy in unity OE four.4 comprises MetroSync array-based mostly asynchronous and synchronous replication for transactional file applications. The function is besides solidarity's present block-based replication. MetroSync enables catastrophe healing throughout lengthy distances, the use of facts aggregation and distribution to accelerate statistics recovery pursuits.

Dell EMC superior its SAN replica information mobility technology to let shoppers migrate their storage to unity from other providers' block arrays. The addition of two-approach network facts administration Protocol helps to enhance NAS backup by means of doing away with the need to go in the course of the community to reach backup servers.

Kinney said performance enhancements for Microsoft encompass lively listing and lightweight directory access Protocol to enhance searchability and security.

SC sequence: Dell EMC midrange storage for 'cost-sensitive' purchasers

SCOS 7.3 is in keeping with re-engineered code that Dell EMC claims doubles the optimum IOPS of each SC array. The newest software boosts SC array efficiency by means of at least one hundred,000 IOPS on combined workloads, Kinney observed.

The SCOS update extends facts-in-vicinity enhancements to SC4020, which uses TLC NAND SSDs. The function allows for clients emigrate to newer SC array fashions.

support for 25 Gigabit Ethernet and 100 Gigabit Ethernet iSCSI has been made general on SC arrays. distributed sparing on SC arrays can boost I/O effectivity and accelerate RAID rebuilds, Dell EMC mentioned.

in accordance with a report in June with the aid of analyst enterprise IDC, Dell EMC midrange storage multiplied its market share through 4 percent elements over 2nd-region Hewlett Packard business in the first quarter of 2018. IDC estimated Dell EMC's first-quarter basic storage methods earnings at greater than $2 billion.

Dell EMC executives mentioned the quarter that led to March saw its first storage market share beneficial properties in view that the 2016 merger. Midrange storage income were referred to as a sore spot in outdated quarters.


EMC Set To rise Above The Pack On VMAX Success | killexams.com Real Questions and Pass4sure dumps

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EVP-100 VSE Consolidate Product & Technology Test

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EVP-100 exam Dumps Source : VSE Consolidate Product & Technology Test

Test Code : EVP-100
Test Name : VSE Consolidate Product & Technology Test
Vendor Name : EMC
Q&A : 133 Real Questions

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VSE Consolidate Product

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VSE Reports Financial Results for Third Quarter 2018 | killexams.com real questions and Pass4sure dumps

VSE Corporation (Nasdaq: VSEC) reported the following unaudited consolidated financial results for the third quarter of 2018.

CEO Commentary

"Our operating income increase for the third quarter of 2018, as compared to 2017, was driven primarily by our Federal Services Group,” said Maurice “Mo” Gauthier, VSE President and CEO. “We improved our margins on some Federal programs, reduced costs, and sold an IT services prime contract, which we continue to perform as a subcontractor.”

Mr. Gauthier continued, “Our Aviation Group, which has shown growth on both new and existing lines of business, also contributed to our higher operating income. Our Singapore operation, which began in the second quarter, continues to build on early positive results. Despite an increase in inventory due to new commercial initiatives, we have experienced an increase in free cash flow this quarter. We continue to keep our total debt at reasonable levels and remain well positioned to pursue further strategic initiatives.”

 

Third Quarter Results (unaudited)

  (in thousands, except per share data)     Three months ended September 30, Nine months ended September 30, 2018   2017   % Change 2018   2017   % Change Revenues $ 168,931 $ 174,164 (3.0 )% $ 516,222 $ 565,318 (8.7 )% Operating income $ 15,697 $ 12,237 28.3 % $ 41,145 $ 41,438 (0.7 )% Net income $ 10,034 $ 6,639 51.1 % $ 25,837 $ 21,739 18.9 % EPS (Diluted) $ 0.92 $ 0.61 50.8 % $ 2.37 $ 2.00 18.5 %  

Financial Information

Revenues were $168.9 million in the third quarter of 2018 compared to $174.2 million in the third quarter of 2017. For the first nine months, revenues were $516.2 million in 2018 compared to $565.3 million in 2017. These decreases were primarily attributable to a reduction in work in our Federal Services Group.

Operating income was $15.7 million for the third quarter of 2018 compared to $12.2 million in the third quarter of 2017. For the first nine months, operating income was $41.1 million in 2018 and $41.4 million in 2017. The operating income increase for the quarter was primarily attributable to a sale of an IT services contract, a loss recorded in 2017 attributable to a completed contract and other increases from our Federal Services and Aviation groups.

Net income was $10.0 million for the third quarter of 2018, or $0.92 per diluted share, compared to $6.6 million, or $0.61 per diluted share for the third quarter of 2017. Net income was $25.8 million for the first nine months of 2018, or $2.37 per diluted share, compared to $21.7 million, or $2.00 per diluted share for the first nine months of 2017. The increase in net income for the quarter was due to an increase in our overall operating income and a reduction to the Federal Income Tax rate due to the enactment of the Tax Cuts and Jobs Act in December 2017.

Bookings in our Federal Services Group were $284 million for the first nine months of 2018 compared to revenue for this group of $252 million. Funded contract backlog at September 30, 2018 was $345 million, compared to $338 million at June 30, 2018 and $403 million at September 30, 2017.

Operational Highlights

  • Our Federal Services Group received several delivery orders to provide services under its Foreign Military Sales (FMS) support contract by the Naval Sea Systems Command (NAVSEA) International Fleet Support Program Office. We will provide maritime program support including logistics, planning, repair and maintenance management, supply support, technical assistance, training and engineering support to four of our allied countries. The combined funded value for all delivery orders is approximately $40.8 million.
  • Our Federal Services Group received task order awards to provide the U.S. Department of Justice (DOJ) with various maritime logistics support services, including operations management of the vessels and their crew, upkeep of maintenance requirements, ship relocations and marketing efforts. The combined funded value for the DOJ International Asset Recovery Support Services (IARSS) Time & Materials (T&M) task orders is approximately $4.3 million for the third quarter and $9.2 million year to date.
  • Our Federal Services Group was selected as a prime contractor for the Department of Army’s Responsive Strategic Sourcing for Services (RS3) multiple award Indefinite Delivery/Indefinite Quantity (IDIQ) contract by the Army Contracting Command, Aberdeen Proving Ground. This contract has a 10-year base ordering period and one five-year optional ordering period and a total combined ceiling for all awardees over 15 years of $37.4 billion.
  • We completed the sale of an IT services contract we had been awarded by the National Institutes of Health (NIH) for $1.7 million to a company with more extensive IT client relationships. We were able to retain the work we are currently performing as a subcontractor and will have access to the contract for future potential work.
  • VSE Aviation was awarded seven Honeywell T53 helicopter engine conversions under our State Department contract with an estimated value of approximately $4.2 million.
  • Non-GAAP Financial Disclosure

    The non-GAAP Financial Information (unaudited) listed below is not calculated in accordance with U.S. generally accepted accounting principles (GAAP) under SEC Regulation G. These non-GAAP financial measures consist of EBITDA and Adjusted EBITDA. We consider these non-GAAP financial measures an important indicator of performance and useful metrics for management and investors to evaluate our business' ongoing operating performance on a consistent basis across reporting periods. These adjusted financial measures are intended to highlight non-operational, unusual or non-recurring items. They should not, however, be considered in isolation or as a substitute for performance measures prepared in accordance with GAAP.

    EBITDA represents net income before interest expense, income taxes, amortization of intangible assets and depreciation and other amortization. Adjusted EBITDA represents EBITDA (as defined above) adjusted for the gain on sale of the IT services contract.

               

    Non-GAAP Financial Information (unaudited)

      (in thousands) Three Month Results Nine Month Results 2018 2017

    %Change

    2018 2017

    %Change

    Net Income $ 10,034 $ 6,639 51 % $ 25,837 $ 21,739 19 % Interest Expense 2,340 2,347 — % 6,697 7,158 (6 )% Income Taxes 3,323 3,251 2 % 8,611 12,541 (31 )% Amortization of Intangible Assets 4,005 4,005 — % 12,013 12,013 — % Depreciation and Other Amortization   2,256     2,375 (5 )%   6,971     7,571 (8 )% EBITDA $ 21,958 $ 18,617 18 % $ 60,129 $ 61,022 (1 )% Gain on Sale of IT Contract   (1,700 )   —     (1,700 )   —   Adjusted EBITDA $ 20,258   $ 18,617 9 % $ 58,429   $ 61,022 (4 )%  

    Capital Expenditures

    Purchases of property and equipment were $2.5 million for the first nine months of 2018 compared to $2.4 million for the first nine months of 2017.

    About VSE

    Established in 1959, VSE is a diversified products and services company providing logistics solutions with integrity, agility, and value. VSE is dedicated to making our federal and commercial clients successful by delivering innovative solutions for vehicle, ship, and aircraft sustainment, supply chain management, platform modernization, mission enhancement, and program management, and providing energy, IT, and consulting services. For additional information regarding VSE services and products, please see the Company's web site at www.vsecorp.com or contact Christine Kaineg, VSE Investor Relations, at (703) 329-3263.

    Please refer to the Form 10-Q that will be filed with the Securities and Exchange Commission (SEC) on or about October 31, 2018 for more details on our 2018 third quarter results. Also, refer to VSE’s Annual Report on Form 10-K for the year ended December 31, 2017 for further information and analysis of VSE’s financial condition and results of operations. VSE encourages investors and others to review the detailed reporting and disclosures contained in VSE’s public filings for additional discussion about the status of customer programs and contract awards, risks, revenue sources and funding, dependence on material customers, and management’s discussion of short and long term business challenges and opportunities.

    Safe Harbor

    This news release contains statements that to the extent they are not recitations of historical fact, constitute “forward looking statements” under federal securities laws. All such statements are intended to be subject to the safe harbor protection provided by applicable securities laws. For discussions identifying some important factors that could cause actual VSE results to differ materially from those anticipated in the forward looking statements in this news release, see VSE’s public filings with the SEC.

        VSE Corporation and Subsidiaries   Unaudited Consolidated Balance Sheets

    (in thousands except share and per share amounts)

      September 30, December 31, 2018 2017 Assets Current assets: Cash and cash equivalents $ 889 $ 624 Receivables, net 55,512 55,760 Unbilled receivables, net 35,771 42,577 Inventories, net 166,486 132,591 Other current assets 13,933   16,988 Total current assets 272,591 248,540   Property and equipment, net 51,192 55,146 Intangible assets, net 98,896 110,909 Goodwill 198,622 198,622 Other assets 15,766   15,796 Total assets $ 637,067   $ 629,013   Liabilities and Stockholders' equity Current liabilities: Current portion of long-term debt $ 9,466 $ 6,960 Accounts payable 48,219 66,015 Accrued expenses and other current liabilities 36,282 40,243 Dividends payable 870   759 Total current liabilities 94,837 113,977   Long-term debt, less current portion 165,393 165,614 Deferred compensation 18,649 16,323 Long-term lease obligations, less current portion 19,344 20,581 Deferred tax liabilities 18,337   19,423 Total liabilities 316,560   335,918   Commitments and contingencies   Stockholders' equity: Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 10,881,106 and 10,838,747, respectively 544 542 Additional paid-in capital 26,490 24,470 Retained earnings 292,930 267,902 Accumulated other comprehensive income 543   181 Total stockholders' equity 320,507   293,095 Total liabilities and stockholders' equity $ 637,067   $ 629,013       VSE Corporation and Subsidiaries   Unaudited Consolidated Statements of Income

    (in thousands except share and per share amounts)

     

    For the three months endedSeptember 30,

    For the nine months endedSeptember 30,

    2018   2017 2018   2017 Revenues: Products $ 85,886 $ 82,314 $ 264,678 $ 260,585 Services 83,045 91,850 251,544 304,733 Total revenues 168,931 174,164 516,222 565,318   Costs and operating expenses: Products 72,256 68,678 222,816 217,606 Services 77,810 88,989 239,536 293,083 Selling, general and administrative expenses 863 255 2,412 1,178 Amortization of intangible assets 4,005 4,005 12,013 12,013 Total costs and operating expenses 154,934 161,927 476,777 523,880   Gain on sale of contract 1,700 — 1,700 —   Operating income 15,697 12,237 41,145 41,438   Interest expense, net 2,340 2,347 6,697 7,158   Income before income taxes 13,357 9,890 34,448 34,280   Provision for income taxes 3,323 3,251 8,611 12,541   Net income $ 10,034 $ 6,639 $ 25,837 $ 21,739   Basic earnings per share $ 0.92 $ 0.61 $ 2.38 $ 2.01   Basic weighted average shares outstanding 10,881,106 10,838,435 10,874,331 10,833,237   Diluted earnings per share $ 0.92 $ 0.61 $ 2.37 $ 2.00   Diluted weighted average shares outstanding 10,935,112 10,856,675 10,916,989 10,855,983   Dividends declared per share $ 0.08 $ — $ 0.23 $ 0.13     VSE Corporation and Subsidiaries   Unaudited Consolidated Statements of Cash Flows

    (in thousands)

     

    For the nine months endedSeptember 30,

    2018   2017 Cash flows from operating activities: Net income $ 25,837 $ 21,739 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 18,984 19,584 Deferred taxes (1,733 ) (1,947 ) Stock-based compensation 2,146 1,935 Gain on sale of contract (1,700 ) — Changes in operating assets and liabilities: Receivables, net 248 16,154 Unbilled receivables, net 11,788 12,190 Inventories, net (36,448 ) 815 Other current assets and noncurrent assets 3,518 (3,392 ) Accounts payable and deferred compensation (14,972 ) (42,441 ) Accrued expenses and other current liabilities (3,010 ) 15,916 Long-term lease obligations (1,237 ) (1,042 )   Net cash (used in) provided by operating activities 3,421   39,511     Cash flows from investing activities: Purchases of property and equipment (2,522 ) (2,387 ) Proceeds from the sale of property and equipment 51 689 Proceeds from the sale of contract 1,700   —     Net cash used in investing activities (771 ) (1,698 )   Cash flows from financing activities: Borrowings on loan agreement 468,949 258,657 Repayments on loan agreement (465,521 ) (292,913 ) Payment of debt financing costs (1,702 ) — Payments on capital lease obligations (1,077 ) (954 ) Payments of taxes for equity transactions (641 ) (500 ) Dividends paid (2,393 ) (2,059 )   Net cash provided by (used in) financing activities (2,385 ) (37,769 )   Net (decrease) increase in cash and cash equivalents 265 44 Cash and cash equivalents at beginning of period 624   428   Cash and cash equivalents at end of period $ 889   $ 472    

    VSE Financial News Contact:Christine Kaineg, 703-329-3263


    VSE Corporation Acquires Integrated Concepts and Research Corporation | killexams.com real questions and Pass4sure dumps

    Acquisition Builds on Growth Strategy

    ALEXANDRIA, Va., June 4 / -- VSE Corporation (NASDAQ:VSEC) announced today that it has acquired Integrated Concepts and Research Corporation (ICRC) of Alexandria, Virginia. The purchase price was approximately $11.6 million in cash, with the potential for additional payments of up to approximately $5.8 million if certain financial targets are met during the next six years. For the year ended March 31, 2007, ICRC recorded revenues of approximately $59 million and net income of approximately $1.5 million (unaudited).

    ICRC is a diversified technical and management services company principally serving the U.S. Government market. The company's core expertise lies in information technology, advanced vehicle technology, aerospace, engineering and transportation infrastructure. ICRC combines industry expertise with a strong track record in project management, research, testing, analysis, purchasing, and implementation.

    ICRC is an established information technology provider to the U.S. Army Corps of Engineers and the Social Security Administration. ICRC was on the government team that recently won the Army Corps of Engineers A-76 competition that outsourced all the Corps' Information management and technology work. ICRC has developed sophisticated integrated vehicle systems for the Army such as the SmarTruck(TM) and all terrain vehicles for Special Operations Command. ICRC has also been in the forefront of the federal R&D on alternative fuels, in particular, clean diesel fuel made using the Fischer-Tropsch process.

    The ICRC corporate office is in Alexandria, Virginia, with offices in Chantilly, Virginia; Detroit, Michigan; Huntsville, Alabama; Vicksburg, Mississippi; and Anchorage, Alaska. For more information on ICRC, please see the ICRC web site at www.icrcsolutions.com/ .

    VSE Chairman, President and CEO/COO Don Ervine said, "The acquisition of ICRC is consistent with our growth strategy to expand our presence in the markets we serve. ICRC is a well managed, diversified and profitable company. This combination provides VSE with an opportunity to expand and diversify its business base across a number of project areas including smart vehicles, alternate fuels, large-scale port engineering development and security, and information technology services. The acquisition brings 200 employees to our staff, and it adds momentum to our strategic plan for growth and increasing profitability. ICRC has several long-term contracts, and we are working together on new bidding opportunities where we can combine and leverage our strengths. We expect the acquisition to create new opportunities between ICRC and our other VSE divisions and subsidiaries."

    ICRC President and CEO Jim Lexo said, "We are excited about the opportunity to continue our growth with VSE. We share common goals with VSE, and in some instances, we support different programs for the same or similar customers. We see this acquisition as very positive for ICRC, our employees, and customers."

    Established in 1959, VSE is a diversified professional services company providing engineering, systems integration, scientific, and management solutions to customers in the defense, homeland security, law enforcement, energy, and environmental industries at locations and facilities across the United States and around the world. For the year December 31, 2006, VSE reported consolidated revenues of $363.7 million and earnings of $7.8 million ($3.21 per diluted share).

    For more information on VSE services and products, please see the Company's web site at www.vsecorp.com/ or contact Len Goldstein, Director of Business and New Product Development at (703) 317-5202.

    Source: VSE Corporation

    CONTACT:C. S. Weber, CAO for VSE Corporation, +1-703-329-4770

    Web site: www.vsecorp.com/http://www.icrcsolutions.com/

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    Database Consolidation Provides Testbed for New Technology | killexams.com real questions and Pass4sure dumps

    Database Consolidation Provides Testbed for New Technology

    Industry thinks fewer data centers will fuel client/server computing

    P> The White House directive to close and consolidate small and mid-sized computer data centers by mid-1996 might reduce overhead and improve efficiency. But industry executives hope it will have a far more dramatic effect on the client/server industry. In fact, they predict that client/server computing will evolve more quickly and rely more on tools to manage applications remotely. But for government employees, that means a tougher time accessing data.

    The Office of Management and Budget directive requires that data centers have a base processing capability of 325 MIPS, or be folded into operations of another center. Obviously, most data centers -- which literally contain the data that keeps government running -- don't have that kind of processing power, and will lose their autonomy. What's more, most centers have been constructed around the DB2 and IMS, and use Sybase, Oracle, Informix, Lotus Notes and Ingres as interfaces to their databases.

    That makes accessing data in a distributed environment a major problem. "The main point of the system is to store data. Applications are your way to the data," said Jon Coss, business development manager for Air Force and Navy Projects at BMC Software, McLean, Va., the nation's 12th largest software maker. "So if your system is up, but you have no way to the data, then the system is kind of worthless."

    BMC, PLATINUM Technologies and others provide access to data with new data application management tools for federal clients.

    "I honestly believe that with all of the customers I talk to we are definitely in the right place, at the right time, with the right product," said Coss. "Everyone jumped on client/server and thought it would be simple. It allows you to be heterogeneous and distributed. But people still need centralized management capability."

    The $474 million contract to Loral Federal Systems Co. for the U.S. Army's Sustaining Base Information Services program proves the point. Loral uses BMC's PATROL software, a commercial, off-the-shelf software suite that enables systems administrators to automate management of databases and applications across many open systems environments.

    The PATROL software features intelligent, autonomous agents, a management console and knowledge modules. These knowledge modules contain expertise about managing specific objects in the environment. Once a user provides the agent with product-specific information, the knowledge modules allow a single agent to manage all the components and objects connected to a specific server. This enables the system manager to monitor and manage common components.

    It also can be customized to manage in-house applications. Information can be accessed anywhere, regardless of location, operating system, host processor, database management platform, network infrastructure or application software.

    SBIS, which is subject to the OMB's new rule, provides information to an array of operating units in the Army, such as logistics, finance, personnel and training. Many hardware and software components will continually be added to the program, and the PATROL software, according to Loral, is a key to tying it all together.

    The software's scalability also means it can be used on many platforms, from PCs to mainframes. But BMC is not alone in this offering, though it has snagged a major contract.

    Going PLATINUM

    Federal software supplier PLATINUM Technology, which experienced 78 percent growth in its systems management business last year, also is forging a name for itself. The Oakbrook Terrace, Ill.-based company's newest software product, introduced Feb. 20, is called PLATINUM AutoAction.

    It is an operations automation solution that allows users to manage heterogeneous systems across a distributed network. The University of Pennsylvania uses it to process across multiple operating environments, executing tasks that keep the enterprise running smoothly.

    "AutoAction allows us to centrally manage our distributed MVS and UNIX platforms," said Frank Heilig, technical project leader. "We have dramatically improved our operational efficiency with a 90 percent reduction in errors and a 30 percent improvement in schedule completion."

    The university also uses AutoAction to manage distributed operations and automate the process of responding to crises on the system. "We have reduced system down time, eliminated staff intervention and increased productivity," said Heilig. "We're confident the software is a safe investment."

    Available for UNIX, Windows NT, OS/2, OS/400, MVS and VSE platforms, PLATINUM AutoAction reportedly handles 99 percent of system and application messages and events without human intervention. The software recognizes, prioritizes and acts based on preset criteria. Systems can talk directly to one another but still operate independently.

    Pricing for the package begins at $4,000, quite similar to BMC's product. PLATINUM, during the last 18 months, installed the software and related products in more than 250 customer sites. Close to 80 percent of the company's revenue growth in systems management comes from software such as this.

    "We've exceeded our expectations," said Andrew Filipowski, president and CEO of PLATINUM. The company, which is pursuing the government market aggressively, also announced several other new products that support distributed computing.

    Enterprise Performance Management monitors and manages relational databases and servers. Enterprise Automation automates operations in a distributed heterogeneous network, and Enterprise Chargeback is an integrated charge back and accounting system.

    "We've replaced our existing job scheduling and tape management solutions with PLATINUM's systems management products," said Jerry Moore, support service manager, Blue Cross/Blue Shield, which works extensively with federal agencies.

    PLATINUM also recently formed alliances with Cabletron, Hewlett-Packard, NCR, PeopleSoft, Siemens Nixdorf, Pyramid Technologies and others to support these management solutions.

    A spokesman for PLATINUM said the deals should bolster its position in the federal marketplace. As part of the OMB directive, managers in federal data centers must re-examine existing systems and processing models. This will increase productivity, and administer and integrate new resources that might be consolidated into their bailiwick.

    Data and application management is, as part of the new program, supposed to achieve greater performance from systems that have been installed. Commercial, off-the-shelf technologies, such as those provided by BMC and PLATINUM, drastically expand the reach of federal database administrators.

    This is crucial when organizations must accomplish more with fewer resources. "By making application expertise available off the shelf, application management tools allow organizations to truly manage the full heterogeneity of all installed resources, resulting in significant cost savings," said Coss of BMC.

    Preserving Bandwidth

    Interestingly, although the federal data consolidation effort focuses on linking components, it invariably will foster geographic dispersion of managed data and application resources. What's more, organizations must configure these resources to deliver optimal performance to preserve communications bandwidth. Bandwidth issues will take on importance as the centers become more dispersed, and users will be far removed from the data and the data administrator.

    To handle this, the White House OMB suggests that federal agencies explore the outsourcing of data centers to the private sector. This might lead to a fee-for-service model for the remaining data centers under the federal purview. Whatever the case, there will be a more competitive operating model for federal data centers.

    The time line for these changes -- from consolidation to outsourcing -- is rather compressed. Federal agencies were to have completed their inventory of agency data centers by earlier this year. By June 3, they must have a consolidation strategy. By Sept. 2, federal agencies must submit a summary of the implementation plan to the OMB. By Jan. 30, 1997, the first semi-annual status report is due to the White House. And by June 1998, the consolidation of data centers is supposed to be complete.



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