Accenture Develops Innovative Mobile App for the “Lux in Arcana – The Vatican Secret Archive Reveals Itself” Exhibition Featuring Never-Before-Seen Vatican Documents

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Accenture Develops Innovative Mobile App for the “Lux in Arcana – The Vatican Secret Archive Reveals Itself” Exhibition Featuring Never-Before-Seen Vatican Documents

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March 28, 2012

Accenture Develops Innovative Mobile App for the “Lux in Arcana – The Vatican Secret Archive Reveals Itself” Exhibition Featuring Never-Before-Seen Vatican Documents

App enables all 100 priceless documents of the exhibition to be accessible

 on smartphones and tablet PCs; also features augmented reality solutions

ROME; March. 28, 2012 — Accenture (NYSE: ACN) announced today that it has developed a free mobile app that delivers rich multimedia content to the fingertips of visitors to an unprecedented exhibition featuring documents held in the Secret Vatican Archive that have never before been seen by the public and now can be admired at the Capitoline Museums in Rome.

The exhibition “Lux in Arcana – The Vatican Secret Archives Reveals Itself” features, among other things, documents such as ciphered letters, manuscripts, codices, and ancient parchments. The materials date from the eighth to the 20^th century and the exhibition marks the first time they have ever been shown away from Vatican City.  The items were unveiled at theCapitoline Museums in Rome on Feb. 29 and will remain on exhibit thru Sept. 9 of this year.

The mobile app developed by Accenture, which is the official technology partner of the exhibition, significantly enhances the experience of users by delivering supplemental details about the historical items to their smartphones and tablets for both Apple and Android. For example, the app displays technical data, photos and images, provides detailed background information, and features rich, multimedia content. The app allows users to see the documents by alphabetical or chronological order, by the typology (letter, agreement, papal document, etc.) and by the location in the Capitoline Museums halls. Visitors can also follow the path of the exhibition listening to the audio guide feature available through the app.

“Accenture has been an outstanding technology partner and we’re very pleased with the unique user experience that their mobile app delivers”, said Luca Carboni, General Secretary of the Secret Vatican Archive. “We believe the people expected to visit the exhibition will benefit tremendously from the rich content they can access through their devices as they tour the various exhibits.”

The app also features an “augmented reality” capability that can be used outside of the museum at some historical sites in Rome.  One example is the statue of Giordano Bruno in the piazza Campo de’ Fiori. Giordano Bruno, a Dominican friar and philosopher, was burned at the stake in 1600’s after being judged a heretic by the Tribunal of the Roman Inquisition. The app allows visitors to focus their smartphone or tablet on the statue and see Bruno’s pyre burst into flames on the device’s display.  It also allows visitors to open special contents related to Giordano Bruno’s trial and to call up videos with more information on his life and his ideas. Augmented reality is available also for the angels of the Castel Sant’Angelo bridge, carved by the Bernini, and for the Basilica of Santa Maria sopra Minerva, close to the place where Galileo Galilei abjured.

“We’re delighted to be the official technology sponsor of this extraordinary and unprecedented exhibition from the Secret Vatican Archive,” said Fabio Benasso, country managing director,Accenture Italy. “Our country possesses a treasure trove of culture and art that reflects many of the world’s most historical events and should be shared by as many people as possible.

As an integral and longstanding member of the Italian business community, Accenture is proud to support this important initiative celebrating this part of Italy’s cultural heritage.”

The app is available in Italian and English, and is compatible with almost all mobile devices.  It can be downloaded from the Apple store or Google Play for free.

The exhibition “Lux in Arcana – The Vatican Secret Archive Reveals Itself” was conceived for the occasion of the fourth centenary of the Secret Vatican Archives foundation, in collaboration with Roma Capitale, Assessorato alle Politiche Culturali e Centro Storico - Sovraintendenza ai Beni Culturali di Roma and Zètema Progetto Cultura.

About Accenture

Accenture is a global management consulting, technology services and outsourcing company, with more than 246,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page is www.accenture.com.

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Nuance to Acquire Transcend

Nuance to Acquire Transcend


Accretive Transaction to Accelerate Adoption of Nuance Healthcare Solutions by Small- to Mid-Sized Hospital Market, Bring Strong Customer Base and Recurring Revenue

With Transcend, Nuance will accelerate access to and expand its customer base within the small- to mid-size hospital market, which comprises approximately 90 percent of hospitals in the U.S. and increasingly demands cost effective, voice-enabled, clinical documentation solutions to achieve Meaningful Use and the transition to ICD-10. With Nuance’s voice-enabled and Clinical Language Understanding technologies and deep electronic health record (EHR) integration, combined with Transcend’s high-quality transcription and editing services, hospitals can make clinical documentation and workflow more productive and cost efficient and extract greater value from clinical information.

“The acquisition of Transcend will expand the delivery of our innovative voice and Clinical Language Understanding solutions especially to small- and mid-size hospitals,” said Janet Dillione, executive vice president and general manager of Nuance’s Healthcare business. “With Transcend, we will drive change and improvement to the way these hospitals capture and leverage clinical information. The acquisition is a natural extension of Nuance’s existing healthcare business, and will strengthen our solution and services portfolio, as well as enhance our profitability.”

Nuance has agreed to acquire Transcend through a cash tender offer of $29.50 per Transcend share, representing an approximately 30 percent premium over Transcend’s 90-day volume weighted average share price. The transaction has been unanimously approved by the board of directors of each company. Based on Transcend’s 11.1 million diluted weighted average shares outstanding as of December 31, 2011, the acquisition is valued at approximately $300 million, net of Transcend’s estimated cash at closing. The transaction is expected to close in the second half of Nuance’s fiscal 2012, subject to regulatory approval and other conditions.

Nuance expects the acquisition in fiscal 2013 to add between $140 million and $150 million in revenue; non-GAAP earnings between $0.08 and $0.09 per share; and, GAAP earnings between $0.02 and $0.03 per share. See “Discussion of Non-GAAP Financial Measures” below for further information.

The addition of Transcend brings many advantages and synergies to:

• Accelerate Growth within the Small- to Mid-Size Hospital Market – Transcend brings operational excellence and customer satisfaction, as well as a leading position with national Group Purchasing Organizations (GPOs) particularly within the small- to mid-size hospital market. Greater access to these organizations will expand the delivery of Nuance’s voice-driven and Clinical Language Understanding solutions in this segment and in turn will contribute growing revenue streams for Nuance’s healthcare business.
• Strengthen Services for Healthcare Organizations – With Transcend, Nuance will gain additional medical transcription and editing capacity for its healthcare offerings. Together, the combined organization will help a broader set of healthcare organizations achieve cost effective, efficient clinical documentation workflow.
• Drive Recurring Revenue and Enhance Profitability – The acquisition of Transcend is a natural extension of Nuance’s existing healthcare business that affords a stable, recurring revenue stream from its strong customer base and will enhance profitability within the division.

“Nuance recognized Transcend’s services experience and excellence and saw real benefit in adding Transcend’s employees and management team to its healthcare business,” said Larry G. Gerdes, CEO of Transcend. “Both Nuance and Transcend share a vision to reduce healthcare costs through technology and increased efficiencies. The strength of the combined organization will truly benefit the industry and we look forward to providing Transcend customers access to Nuance’s leading HIT technology.”

Key members of the Transcend management team will play integral roles in strengthening Nuance’s position in the healthcare industry, including Susan McGrogan, Transcend’s president and chief operating officer, and Lance Cornell, Transcend’s chief financial officer.

The tender offer is expected to commence on or before March 20, 2012. The offer will be open for a period of not less than 20 business days from its commencement and will be conditioned upon valid acceptances of the offer in respect of shares representing at least a majority of the outstanding Transcend shares on a fully diluted basis as well as other closing conditions, including receipt of required regulatory approval. The tender offer will be followed by a merger in which each Transcend share not acquired in the tender offer will be converted into the right to receive $29.50 per share in cash, without interest. The transaction will be financed through cash on hand at Nuance.

Transcend Services, Inc.
Transcend Services, Inc. (NASDAQ: TRCR) provides premium quality transcription and clinical documentation services to the healthcare industry. Its services encompass a wide range of solutions - people, products and processes - designed to turn medical dictation into meaningful electronic documents. Transcend provides its clients with exceptional quality, turnaround time and service so that they can focus on what matters most – their patients.  For more information, visitwww.Transcendservices.com .

Nuance Healthcare 
Nuance Healthcare, a division of Nuance Communications, is the market leader in providing clinical understanding solutions that accurately capture and transform the patient story into meaningful, actionable information.  Thousands of hospitals, providers and payers worldwide trust Nuance voice-enabled clinical documentation and analytics solutions to facilitate smarter, more efficient decisions across the healthcare enterprise.  These solutions are proven to increase clinician satisfaction and HIT adoption, supporting organizations to achieve Meaningful Use of EHR systems and transform to the accountable care model.  Recognized as “Best-in-KLAS” 2004-2011 for Speech Recognition we invite you to learn more, http://www.nuance.com/for-healthcare/index.htm.

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