Xerox 2013 Annual Report Download - page 29

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• Xerox® iGen4® Diamond Edition: The newest product in the iGen® family, the Xerox® iGen4 Diamond Edition
digital press, incorporates the latest image quality, automation and productivity innovations from the flagship
Xerox® iGen 150 into the iGen4 platform, providing unmatched flexibility, productivity and profitability.
Automation from beginning to end speeds up turnaround times and delivers improved profitability for print
providers.
• Xerox® Color 8250 Production Printer: In June, we launched the Color 8250 Production Printer. Based on
Xerox® iGen technology, the 8250 is a cost-effective, high-speed cut-sheet system that is designed to deliver
high volume business-quality color on uncoated papers. When coupled with the FreeFlow suite, the 8250 is
ideal for producing high volumes of personalized direct mail and transactional documents.
• Xerox® Wide Format IJP 2000: The Wide Format IJP 2000, an inkjet based press, was launched in
September. The IJP 2000 helps customers produce a variety of high-quality, high-value jobs on a wide range of
media, including papers, vinyl and banner fabric.
• Xerox® CiPress Single Engine Duplex: The Single Engine Duplex configurations of the CiPress 500 and 325
Production Inkjet Systems were launched in September, enabling two-sided printing in a single print engine.
This configuration helps customers reduce costs while delivering exceptional reliability and performance in a
compact, economical footprint.
Other Segment
The Other segment includes paper sales in our developing market countries, wide-format systems, licensing
revenue, Global Imaging Systems network integration solutions and electronic presentation systems and non-
allocated corporate items, including Other expenses, net. Paper comprised approximately one-third of the revenues
in the Other segment in 2013, which is lower than the 59 percent in 2012 due to the sale of our North American and
Western European paper businesses during 2013.
Geographic Information
Our global presence is one of our core strengths. Overall, 32 percent of our revenue is generated by customers
outside the U.S. We have a significant opportunity to take advantage of our global presence and customer
relationships to expand our Services business in Europe and developing markets.
In 2013, our revenues by geography were as follows: U.S.: $14,534 million (68 percent of total revenue), Europe:
$4,574 million (21 percent of total revenue), and Other areas: $2,327 million (11 percent of total revenue).
Revenues by geography are based on the location of the unit reporting the revenue and include export sales.
Patents, Trademarks and Licenses
Xerox and its subsidiaries were awarded 1,168 U.S. utility patents in 2013. On that basis, we would rank 23rd on
the list of companies that were awarded the most U.S. patents during the year. Including our research partner Fuji
Xerox, we were awarded about 1,950 U.S. utility patents in 2013. Our patent portfolio evolves as new patents are
awarded to us and as older patents expire. As of December 31, 2013, we held about 12,100 U.S. design and utility
patents. These patents expire at various dates up to 20 years or more from their original filing dates. While we
believe that our portfolio of patents and applications has value, in general no single patent is essential to our
business or any individual segment. In addition, any of our proprietary rights could be challenged, invalidated or
circumvented, or may not provide significant competitive advantages.
In the U.S., we are party to numerous patent-licensing agreements and, in a majority of them, we license or assign
our patents to others in return for revenue and/or access to their patents. Most patent licenses expire concurrently
with the expiration of the last patent identified in the license. In 2013, we added 11 new agreements to our portfolio
of patent-licensing and sale agreements, and Xerox and its subsidiaries were licensor or seller in seven of the
agreements. We are also a party to a number of cross-licensing agreements with companies that hold substantial
patent portfolios, including Canon, Microsoft, IBM, Hewlett-Packard, Oce, Sharp, Samsung, Seiko Epson and
Toshiba TEC. These agreements vary in subject matter, scope, compensation, significance and time.
Xerox 2013 Annual Report 12