CAMBRIDGE, England, January 29 /PRNewswire-FirstCall/ -- Autonomy Corporation plc (LSE: AU. or AU.L), a global leader in infrastructure software, today reported financial results for the fourth quarter and twelve months ended December 31, 2007 ahead of analyst consensus estimates.
Financial Highlights Three Months Twelve months Ended Ended (unaudited) (unaudited) Dec. Dec. Dec. Dec. 31, 31, 31, 31, 2007 2006 2007 2006 Results in US$ ($'000s except per share) $'000 $'000 $'000 $'000 Revenues..................................115,110 73,352 343,409 250,682 Gross profit (adjusted)*..................100,829 66,465 304,302 227,054 Gross profit margin (adjusted)*.............. .88% 91% 89% 91% Profit from operations (adjusted)*........ 41,099 24,531 108,774 68,111 Profit before tax (adjusted)*............ 41,332 25,279 113,245 69,148 Net profit (adjusted)*.....................28,483 18,392 77,237 47,919 Gross profit (IFRS)........................95,298 64,547 291,347 219,093 Gross profit margin (IFRS)................. 83% 88% 85% 87% Profit from operations (IFRS)..............33,128 21,301 88,649 55,540 Profit before tax (IFRS).................. 32,906 21,791 91,447 56,319 Net profit (IFRS)..........................22,743 15,854 62,465 39,085 EPS - basic (adjusted)*....................... 0.13 0.10 0.38 0.26 - diluted (adjusted)*........................0.13 0.10 0.38 0.26 - basic (IFRS)...............................0.11 0.08 0.31 0.21 - diluted (IFRS)............................ 0.11 0.08 0.30 0.21-----------
* Adjusted results exclude the share of loss of associates, post-acquisition restructuring costs and non-cash charges, namely the amortization of purchased intangibles, share-based compensation, impairment of investments and non-cash translational foreign exchange gains and losses and associated tax effects. See reconciliations on page 6.
Twelve Month 2007 Highlights
- Record revenues, up 37% from 2006 including strong organic growth and contribution from acquisitions
- Record profit from operations (adjusted) at
- Gross margins (adjusted) at 89%, rising during second half of year following ZANTAZ acquisition as expected
- R&D investment up 21% year-on-year
- Cemented Autonomy's position as the industry leader
- De facto standard in OEM market
- Acquired ZANTAZ, the leader in the archiving, eDiscovery and Proactive Information Risk Management (IRM) markets and completed integration
- Positive cash flow generated by operations of
- Cash balance of
- Presented award by EU commissioner for being Europe's best performing software company
Fourth quarter 2007 Highlights
- Record quarterly revenue, up 57% from Q4 2006, ahead of analyst consensus estimates
- Strong organic IDOL growth of 20% from Q4 2006 - Licence revenue up 34% from Q4 2006 - Record profit before tax (IFRS), up 51% from Q4 2006 - 19th consecutive quarter of year-on-year growth - Gross margins (adjusted) at 88%, up from 85% (adjusted) in Q3'07- Blue chip fourth quarter wins include PNC Bank, Costco, KPMG, Sullivan & Cromwell, China Mobile, Lloyds TSB, Ernst & Young, Energy Solutions, AT&T, Morgan Stanley, Telecom Italia, BHP Billiton, Gruppo Santander, Union Pacific, Bayer, Countrywide, Cox Communications, Nordea, Wachovia, T Mobile, Dupont and Mayer Brown, new and repeat licenses with multiple government, defence and intelligence agencies around the globe such as the U.S. Air Force, NASA and the U.S. House of Representatives, and in Italy , the UK, Spain , Colombia , Singapore , Mexico and Canada , as well as the International Atomic Energy Agency, the World Trade Organization, the Red Cross and NATO.
- 13 OEM deals signed including new deals and extensions with Vignette, Adobe, Oracle, EMC Tablus, Xerox, Sybase and Symantec
- Positive cash flow generated by operations of
- Average selling price for meaning-based technologies at
- Operating margin (adjusted) at record levels of 36%
Commenting on the results, Dr. Mike Lynch , Group CEO of Autonomy said today: "2007 was another amazing year for Autonomy by every measure, driven by our strong organic growth and the ZANTAZ acquisition. Top line revenues, operating profits, bottom line profit before tax and EPS are all up significantly, ahead of analyst consensus expectations, with strong organic growth and the ZANTAZ acquisition performing well. Throughout 2007 we consolidated our industry leadership position, and finished 2007 as the undisputed leader in pan-enterprise search and meaning based computing."
Dr. Lynch continued: "2007 was a transformational year for our markets driven by the fundamental change of the IT world to the usage of unstructured information and the secondary drivers of regulatory changes such as the U.S. Federal Rules of Civil Procedure resulting in a convergence of legal and operational information systems, this factor is key to most commercial sales. The elevation of unstructured information issues to prime-time status also drives growth in our OEM business, where we remain the de facto standard."
Dr. Lynch concluded: "We are seeing continuing strength as the momentum
of the revolution towards unstructured information gathers pace. Even the
effect of the sub-prime crisis appears now to be a positive for our business,
as our recent
Fourth Quarter and Twelve Month Financial Highlights
Revenues for the fourth quarter of 2007 totalled
Gross profits (adjusted) for the fourth quarter of 2007 were
Net profit (adjusted) for the fourth quarter of 2007 was
Net profit (adjusted) for the twelve months ended December 31, 2007 was
Cash balances were
Receivables at December 31, 2007 were
Although IFRS disclosure provides investors and management with an overall view of Autonomy's financial performance, Autonomy believes that it is important for investors to also understand the performance of Autonomy's fundamental business without giving effect to certain specific, non-recurring and non-cash charges. Consequently, the non-IFRS (adjusted) results exclude post-acquisition restructuring costs, share of loss of associates and non-cash charges for the amortization of purchased intangibles, share-based compensation, impairment of investments, foreign exchange gains and losses and associated tax effects. Management uses the adjusted results to assess the financial performance of Autonomy's operational business activities.
Q4 Product Sales
Autonomy's infrastructure technology has been adopted by enterprises to process information across all internal and external data formats and sources. During the fourth quarter of 2007, major customer wins included: PNC Bank, Costco, KPMG, Sullivan & Cromwell, China Mobile, Lloyds TSB, Ernst & Young, Energy Solutions, AT&T, Morgan Stanley, Telecom Italia, BHP Billiton, Gruppo Santander, Union Pacific, Bayer, Countrywide, Cox Communications, Nordea, Wachovia, T Mobile, Dupont and Mayer Brown. Q4 2007 business also included new and repeat licenses with multiple government, defence and intelligence agencies around the globe such as the U.S. Air Force, NASA and the U.S. House of Representatives, and in Italy , the UK, Spain , Colombia , Singapore , Mexico and Canada , as well as the International Atomic Energy Agency, the World Trade Organization, the Red Cross and NATO. Repeat business from existing customers accounted for approximately 45% of revenue for the quarter.
Strategic Partnerships and OEMs
Autonomy's OEM Program continued to grow during Q4 2007. Agreements were signed with 13 customers during the quarter, including new and extended agreements with Vignette, Adobe, Oracle, EMC Tablus, Xerox, Sybase and Symantec.
Corporate Developments
During the fourth quarter of 2007 Autonomy continued to extend its market leadership with the introduction of key new and upgraded technologies. In October, Autonomy ZANTAZ introduced the newest releases of its industry-leading Enterprise Archive Solution version 6 (EAS 6) and its eDiscovery application Introspect 6, each giving companies the first and only consolidated archive for all information sources in more than 1,000 different data formats, including voice and videos, and across 100 languages stored in more than 400 different content repositories, including business applications such as SAP and Oracle. Autonomy also launched Desktop Legal Hold, the industry's first comprehensive solution that enables corporate legal and IT departments to remotely enforce legal hold across desktops and laptops. During the quarter Autonomy also announced the availability of the Autonomy Business Console, an intuitive and easy-to-use business user application built on the company's award-winning Intelligent Data Operating Layer (IDOL) platform.
During the fourth quarter Autonomy was recognized in multiple ways for its market leadership and unmatched technology. Recognition during the quarter included:
- Receiving award from EU Commissioner as the Best Performing Software Company in Europe within the Truffle 100, a ranking of the top 100 European software leaders, based on the company's outstanding financial growth and profitability from 2005 to 2006
- Autonomy etalk's Qfiniti Enterprise receiving a 2007 Product of the Year Award from Technology Marketing Corporation (TMC) Customer Interaction Solutions magazine
- Ranking as the growth leader among companies in the
- Being named one of the top 100 companies in the digital content industry by EContent Magazine
- Autonomy etalk's Qfiniti Enterprise solution platform receiving a Best of Show award at the 2007 Annual Call Center Exhibition (ACCE) in San Diego , CA
- Autonomy's Virage division being named the winner of LogicaCMG's "2007 Partners in Innovation" award
- Autonomy ZANTAZ being ranked 89 on Deloitte's 2007 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America
- Recognized as 85th of the top 500 "growth champions in Europe " by Entrepreneurs for Growth
- Receiving the "Best Government Solution" and the "Best Government Technology Provider" Awards at the Gartner Government IT Channel Vision: Government Edition
About Autonomy Corporation plc
Autonomy Corporation plc (LSE: AU. or AU.L) is a global leader in infrastructure software for the enterprise and is spearheading the meaning-based computing movement. Autonomy's technology forms a conceptual and contextual understanding of any piece of electronic data including unstructured information, be it text, email, voice or video. Autonomy's software powers the full spectrum of mission-critical enterprise applications including information access technology, BI, CRM, KM, call center solutions, rich media management, information risk management solutions and security applications, and is recognized by industry analysts as the clear leader in enterprise search.
Autonomy's customer base comprises of more than 17,000 global companies and organizations including: 3, ABN AMRO, AOL, BAE Systems, BBC, Bloomberg, Boeing, Citigroup, Coca Cola, Daimler Chrysler, Deutsche Bank, Ericsson, Ford, GlaxoSmithKline, Lloyd TSB, NASA, Nestle, the New York Stock Exchange, Reuters, Shell, T-Mobile, the U.S. Department of Energy, the U.S. Department of Homeland Security and the U.S. Securities and Exchange Commission. Autonomy also has over 300 OEM partners and more than 400 VARs and Integrators, numbering among them leading companies such as BEA, Business Objects, Citrix, EDS, IBM Global Services, Novell, Satyam, Sybase, Symantec, TIBCO, Vignette and Wipro. The company has offices worldwide.
The Autonomy Group includes: ZANTAZ, the leader in the archiving, e-Discovery and Proactive Information Risk Management (IRM) markets; Cardiff , a leading provider of Intelligent Document solutions; etalk, award-winning provider of enterprise-class contact center products, Virage, a visionary in rich media management and security and surveillance technology and Meridio, a leading provider of records management software.
Autonomy and the Autonomy logo are registered trademarks or trademarks of Autonomy Corporation plc. All other trademarks are the property of their respective owners.
AUTONOMY CORPORATION plc CONSOLIDATED INCOME STATEMENT (in thousands, except per share amounts) Three Months Twelve months Ended Ended (unaudited) (unaudited) Dec. 31, Dec. 31, Dec. 31, Dec. 31, 2007 2006 2007 2006 $'000 $'000 $'000 $'000 Revenues............................115,110 73,352 343,409 250,682 Cost of revenues (excl. amortisation).......................(14,281) (6,887) (39,107) (23,628) Amortization of purchased intangibles......................... (5,531) (1,918) (12,955) (7,961) Total cost of revenues (19,812) (8,805) (52,062) (31,589) Gross profit.............................. 95,298 64,547 291,347 219,093 Operating expenses: Research and development........................ (18,447) (13,498) (62,341) (51,680) Sales and marketing......................... (31,459) (23,257)(104,437) (86,417) General and administrative..................... (10,958) (6,030) (32,536) (24,707) Other costs.............................. Post-acquisition restructuring (625) - costs.............................. (1,757) - Impairment of investments........................ (1,026) (300) (1,026) (300) Gain (loss) on foreign exchange.............................. 345 (161) (601) (449) Total operating expenses.......................... (62,170) (43,246)(202,698) (163,553) Profit from operations......................... 33,128 21,301 88,649 55,540 Share of loss of associate........................... (455) (258) (1,673) (258) Interest receivable.......................... 971 1,346 6,914 3,651 Interest payable.............................. (738) (598) (2,443) (2,614) Profit before income taxes............................... 32,906 21,791 91,447 56,319 Income taxes.............................. (10,163) (5,937) (28,982) (17,234) Net profit.............................. 22,743 15,854 62,465 39,085 Basic earnings per share............................... 0.11 0.08 0.31 0.21 Diluted earnings per share 0.11 0.08 0.30 0.21 Weighted average number of ordinary shares outstanding 212,059 186,948 201,252 184,409 Weighted average number of ordinary shares outstanding, assuming dilution................. 216,575 189,935 205,225 186,976 Reconciliation of Adjusted Financial Measures Three Months Twelve months Ended Ended (unaudited) (unaudited) Dec. 31, Dec. Dec. 31, Dec. 31, 2007 31, 2007 2006 2006 $'000 $'000 $'000 $'000 Gross profit 95,298 64,547 291,347 219,093 Amortization of purchased intangibles........................... 5,531 1,918 12,955 7,961 Gross profit (adjusted) 100,829 66,465 304,302 227,054 Profit before income taxes.................................32,906 21,791 91,447 56,319 (Gain) loss on foreign exchange............................... (345) 161 601 449 Amortization of purchased intangibles.......................... 5,531 1,918 12,955 7,961 Impairment of investments............................1,026 300 1,026 300 Share of loss of associate.............................. 455 258 1,673 258 Share-based compensation (see note 4).....................................1,134 851 3,786 3,861 Post-acquisition restructuring costs................................... 625 - 1,757 - Profit before tax (adjusted)............................41,332 25,279 113,245 69,148 Provision for income taxes at effective rate................................ (12,849) (6,887)(36,008) (21,229) Net profit (adjusted)............................28,483 18,392 77,237 47,919 Profit from operations............................33,128 21,301 88,649 55,540 Amortization of purchased intangibles........................... 5,531 1,918 12,955 7,961 Share-based compensation (see note 4).....................................1,134 851 3,786 3,861 Post-acquisition restructuring costs.................................. 625 - 1,757 - Impairment of investments........................... 1,026 300 1,026 300 (Gain) loss on foreign exchange................................(345) 161 601 449 Profit from operations (adjusted)............................41,099 24,53 108,774 68,111 AUTONOMY CORPORATION plc CONSOLIDATED BALANCE SHEET (in thousands, except share data) As at (unaudited) Dec. 31, Dec. 31, 2007 2006 $'000 $'000 ASSETS Non-current assets: Goodwill........................................820,147 415,758 Other intangible assets..........................................113,956 44,832 Property and equipment, net..............................................28,788 6,226 Equity and other investments......................................20,010 3,810 Deferred tax asset............................................ 8,862 7,155 Total non-current assets..........................................991,763 477,781 Current assets: Trade receivables, net.............................................110,468 77,252 Other receivables......................................21,019 8,454 Total trade and other receivables.....................................131,487 85,706 Inventory........................................ 583 605 Cash and cash equivalents......................................92,571 121,059 Total current assets......................................... 224,641 207,370 TOTAL ASSETS........................................1,216,404 685,151 CURRENT LIABILITIES Trade payable..................................... (11,595) (7,008) Other payables....................................... (29,374) (14,596) Total trade and other payables....................................... (40,969) (21,604) Bank loan........................................... (10,638) (16,283) Tax liabilities.................................... (20,118) (2,400) Deferred revenue.........................................(77,491) (52,452) Provisions..................................... (1,099) (2,953) Total current liabilities................................... (150,315) (95,692) Net current assets.......................................... 74,326 111,678 NON-CURRENT LIABILITIES Bank loan............................................(37,231) (16,283) Deferred revenue.........................................(20,389) - Other payables........................................ (9,899) (311) Provisions....................................... (257) (1,243) Total non-current liabilities.....................................(67,776) (17,837) Total liabilities....................................(218,091) (113,529) NET ASSETS..........................................998,313 571,622 Shareholders' equity: Ordinary shares (1)............................................. 1,196 1,027 Share premium account.........................................780,888 474,645 Capital redemption reserve.......................................... 135 135 Own shares........................................... (981) (1,017) Merger reserve..........................................27,589 - Stock compensation reserve.......................................... 9,438 5,688 Revaluation reserve......................................... 10,163 - Translation reserve..........................................23,801 19,956 Retained earnings........................................146,084 71,188 TOTAL EQUITY......................................... 998,313 571,622------------
(1) At December 31, 2007 , 600,000,000 ordinary shares of nominal value 1/3 pence each authorized, 213,066,320 issued and outstanding; as of December 31, 2006 , 600,000,000 ordinary shares of nominal value 1/3 pence each authorized, 187,836,204 issued and outstanding.
AUTONOMY CORPORATION plc CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) Three Months Twelve Months Ended Ended (unaudited) (unaudited) Dec. 31, Dec. 31, Dec. 31, Dec. 31, 2007 2006 2007 2006 $'000 $'000 $'000 $'000 Cash flows from operating activities: Profit from operations.............................33,128 21,301 88,649 55,540 Adjustments for: Depreciation and amortization............................9,745 2,847 24,011 12,838 Loss on disposal of fixed assets................................... 185 - 202 - Impairment of investments.............................1,026 300 1,026 300 Share based compensation............................1,134 851 3,786 3,861 Foreign currency movements................................(345) 161 601 449 Operating cash flows before movements in working capital...........44,873 25,460 118,275 72,988 Changes in operating assets and liabilities (net of impact of acquisitions): Receivables...........................(18,460) (17,496) (23,247)(20,152) Inventories............................ 300 (426) 368 (408) Payables...............................(2,767) 3,187 (12,288) (5,480) Cash generated by operations..............................23,946 10,725 83,108 46,948 Income taxes paid..................................... (106) (4,032) (649) (7,473) Net cash provided by operating activities..............................23,840 6,693 82,459 39,475 Cash flows from investment activities: Interest received................................ 971 1,346 6,914 3,651 Proceeds on disposal of property, plant and equipment... - - 366 - Purchase of property, plant and equipment...............................(4,313) (100) (11,329) (1,534) Purchase of investments............................... - (1,786) (6,820) (2,474) Purchase of intangible assets................................... - (148) - (170) Expenditure on product development.............................(2,686) (519) (6,942) (3,172) Acquisition of subsidiaries, net of cash acquired...............................(12,239) (1,140)(380,760)(22,709) Net cash used in investing activities.............................(18,267) (2,347)(398,571)(26,408) Cash flows from financing activities: Proceeds from issuance of shares, net of issuance costs................. 5,377 11,713 307,133 50,222 Interest on bank loan......................................(738) (599) (2,442) (2,614) Drawdown of bank loan...................................... - - 28,762 - Repayment of bank loan....................................(2,675) (4,071) (48,683)(16,284) Net cash provided by financing activities...............................1,964 7,043 284,770 31,324 Net increase (decrease) in cash and cash equivalents.......... 7,537 11,389 (31,342) 44,391 Beginning cash and cash equivalents.............................87,572 107,043 121,059 68,565 Effect of foreign exchange on cash and cash equivalents................... (2,538) 2,627 2,854 8,103 Ending cash and cash equivalents.............................92,571 121,059 92,571 121,059 AUTONOMY CORPORATION plc CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (in thousands) Capital Ordinary Share redemption shares premium reserve (unaudited) $'000 $'000 $'000 At January 1, 2007................... 1,027 474,645 135 Retained profit.......................... - - - Stock compensation............... - - - Share options exercised........ 29 22,618 - Share placing........................... 140 283,625 - EBT options exercised........... - - - Deferred tax on share options - - - Translation of overseas operations................................. - - - Revaluation of equity investment................................ - - - At December 31, 2007............ 1,196 780,888 135 (continued) Own Merger shares reserve Sub-total $'000 $'000 $'000 At January 1, 2007.................... (1,017) - 474,790 Retained profit.......................... - - - Stock compensation................ - - - Share options exercised........... - - 22,647 Share placing............................. - 27,589 311,354 EBT options exercised.............. 36 - 36 Deferred tax on share options - - - Translation of overseas operations.................................. - - - Revaluation of equity investment................................. - - - At December 31, 2007............ (981) 27,589 808,827 Stock Sub-total compensation Revaluation forwarded reserve reserve (unaudited) $'000 $'000 $'000 At January 1, 2007..................474,790 5,688 - Retained profit.......................... - - - Stock compensation................. - 3,786 - Share options exercised.......... 22,647 - - Share placing.......................311,354 - - EBT options exercised............. 36 (36) - Deferred tax on share options - - - Translation of overseas operations............................... - - - Revaluation of equity investment............................... - - 10,163 At December 31, 2007.............. 808,827 9,438 10,163 (continued) Translation Retained reserve earnings Total $'000 $'000 $'000 At January 1, 2007.........................19,956 71,188 571,622 Retained profit................................. - 62,465 62,465 Stock compensation....................... - - 3,786 Share options exercised.................. - - 22,647 Share - - 311,354 placing.................................... EBT options exercised..................... - - - Deferred tax on share options....... - 12,431 12,431 Translation of overseas operations 3,845 - 3,845 Revaluation of equity investment. - - 10,163 At December 31, 2007................... 23,801 146,084 998,313 AUTONOMY CORPORATION plc NOTES TO QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS - UNAUDITED 1. Basis of presentationThe accompanying quarterly and twelve month consolidated financial statements of Autonomy Corporation plc have been prepared in conformity with International Financial Reporting Standards ("IFRS") as adopted by the EU. The quarterly and twelve month consolidated financial statements have been prepared using accounting policies consistent in all material respects with those applied in the Company's Annual Report for the year ended December 31, 2006 (except as noted in note 2 below). Whilst the financial information included in this interim announcement has been computed in accordance with International Financial Reporting Standards (IFRSs), this announcement does not itself contain sufficient information to comply with IFRSs.
Quarterly and twelve month information is unaudited, but reflects all normal adjustments which are, in the opinion of management, necessary to provide a fair statement of results and the company's financial position for and as at the periods presented. The results of operations for the three months and twelve months ended December 31, 2007 , are not necessarily indicative of the operating results for future operating periods. The information for the year ended 31 December 2006 does not constitute statutory accounts as defined in section 240 of the Companies Act 1985. The quarterly and twelve month financial statements should be read in connection with the company's audited Consolidated Financial Statements and the notes thereto for the year ended December 31, 2006 . These have been delivered to the Registrar of Companies, contained an unqualified audit report and did not contain statements under s237(2) or (3) Companies Act 1985.
These financial statements for the three and twelve months ended December 31, 2007 , are unaudited and do not constitute statutory financial statements within the meaning of section 240 of the Companies Act 1985. This announcement was approved by the Board of Directors on January 28, 2008 . The financial information for the year ended 31 December 2006 is derived from the statutory accounts for that year which have been delivered to the Registrar of Companies. The auditors reported on those accounts; their report was unqualified and did not contain a statement under s237(2) or (3) Companies Act 1985. The statutory accounts for the year ended 31 December 2007 will be finalised on the basis of the financial information presented by the directors in this preliminary announcement and will be delivered to the Registrar of Companies following the company's annual general meeting.
2. Geographical information
The following table provides an analysis of the group's sales by geographical market based upon the location of the Group's customers for all periods. Previously, the information has been provided based upon the location of the Group's assets. The directors consider that the revised presentation is more appropriate under IAS 14.
Three Months Twelve months Ended Ended (unaudited) (unaudited) Dec. Dec. 31, Dec. Dec. 31, 31, 2006 31, 2006 2007 2007 Revenue by region: $'000 $'000 $'000 $'000 (restated) (restated) Americas......................70,542 41,768 211,119 150,748 Rest of World.........................44,568 31,584 132,290 99,934 Total........................115,110 73,352 343,409 250,682 The financial impact of this restatement has been to reallocate
approximately
Share based compensation charges have been charged in the consolidated income statement within the following functional areas:
Three Months Twelve Ended months Ended (unaudited) (unaudited) Dec. Dec. Dec. Dec. 31, 31, 31, 31, 2007 2006 2007 2006 $'000 $'000 $'000 $'000 Research and development...................... 374 274 1,248 1,266 Sales and marketing..........................612 458 2,044 1,914 General and administrative 148 119 494 681 Total share based compensation charge.. 1,134 851 3,786 3,861 Financial Media Contacts: Edward Bridges / Haya Chelhot Financial Dynamics +44(0)20-7831-3113 Analyst and Investor Contacts: Sushovan Hussain Chief Financial Officer Autonomy Corporation plc +44(0)1223-448-000SOURCE Autonomy Corporation plc
