To enjoy the best possible viewing experience, please update your browser
_
2013Show

December 17, 2013

Multiple Content Partners Set to Propel SMART amp Software as Preferred Education Platform

  • SMART software for mobile devices receives strong response from developers
  • Digital content covers full spectrum of subjects and grades
  • New software platform enables students and teachers to work seamlessly on displays, smartphones, laptops and tablets
MoreLess

December 2, 2013

SMART Appoints Gary Hughes to its Board of Directors

CALGARY, Alberta --- December 2, 2013 --- SMART Technologies Inc. ("SMART") (Nasdaq: SMT) (TSX: SMA) is pleased to announce that Mr. Gary Hughes has been appointed a director of SMART. Mr. Hughes replaces Salim Nathoo as the Apax Partners’ nominee to the company’s board of directors.
MoreLess

November 22, 2013

SMART Aligns with Google to Create Software Solution for Education

Calgary, Alberta --- November 22, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), has aligned with Google Inc. to create a comprehensive software solution for education that brings people, student devices and learning environments together. SMART amp collaborative learning software is a revolutionary, cloud-based solution hosted on the Google cloud that takes advantage of Google’s newest cloud services. It is the ‘glue’ that connects interactive displays, PCs, laptops, tablets and smartphones while enabling teachers and students to collaborate in real time, do in-class assessment, connect to shared digital workspaces and interact with Web-based learning materials regardless of location or device. The integration with Google cloud services ensures simple, cost-effective deployment and eliminates costs associated with supporting numerous proprietary operating systems and applications.
MoreLess

November 7, 2013

SMART Reports Second Quarter 2014 Financial Results

  • Revenue of $151.1 million
  • Gross margin of 42%
  • Adjusted EBITDA of $24.5 million
  • Adjusted Net Income of $7.6 million

CALGARY, Alberta, Nov. 7, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced financial results for its second quarter ended September 30, 2013.

MoreLess

October 24, 2013

SMART to Announce Second Quarter Results

Calgary, Alberta --- October 24, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, today announced that it will report financial results for its second quarter ended September 30, 2013 after the financial markets close in the United States and Canada on Thursday, November 7, 2013.
MoreLess

October 17, 2013

SMART Co-Founder, David Martin, named Officer of the Order of the British Empire

Calgary, Alberta --- OCTOBER 17, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA) announces that company co-founder, David Martin, has been named an Officer of the Order of the British Empire (OBE) in recognition for his contribution to education as the creator of the SMART Board® interactive whiteboard. Prince William, the Duke of Cambridge, presented the award to David in an Investiture Ceremony held today at Buckingham Palace in London. Created by King George V in 1917, the Order of the British Empire recognizes the achievements and service of extraordinary people who have made an impact on the United Kingdom.
MoreLess

October 8, 2013

SMART Room System™ For Microsoft® Lync® Now Shipping Worldwide

Calgary, Alberta --- October 8, 2013 --- The much-anticipated SMART Room System for Microsoft Lync has been qualified by Microsoft as fully interoperable with Microsoft Lync Server 2013 and is now shipping worldwide. SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, is one of the first companies to globally ship an integrated hardware and software solution that supports Microsoft Lync in the meeting room. Lync is the popular software application that thousands of companies around the world already use on a daily basis for their communication requirements. The SMART Room System is fully integrated with innovative features, all developed with the goal of extending customers’ Microsoft Lync investment into any collaboration space.
MoreLess

October 1, 2013

Leading Design Industry Titles – Autodesk® Revit®, Tekla® BIMsight® and Adobe® Illustrator® Now Integrated with SMART solutions

Calgary, Alberta --- October 1, 2013 --- Architects, engineers, building trades and those involved in design review now have the ability to synthesize and capture key information, improve design efficiency and reduce costly misunderstandings. SMART Technologies Inc. (NASDAQ:SMT) (TSX: SMA), a leading provider of collaboration solutions, announces the release of three new integrations with leading design applications for the architecture, engineering and construction (AEC) industry. The design applications include Autodesk Revit, Tekla BIMsight and Adobe Illustrator. With these integrations, users have the ability to control and edit files directly on SMART Board® interactive displays to enhance collaboration and problem solving during coordination reviews. The integrations offer innovative features that facilitate immersive collaboration by enabling real-time interaction with content and designs.

MoreLess

September 25, 2013

SMART Notebook™ Collaborative Learning Software Now Available with Epson BrightLink® Interactive Projectors

CALGARY, AB and LONG BEACH, CA – Sept. 25, 2013 – Educators now have more options for delivering lessons with interactive capabilities for effective learning. SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, and Epson, the number-one selling projector brand worldwide1, today announced an agreement where SMART Notebook software, the world’s leading collaborative learning software, can now be licensed for use with Epson BrightLink interactive projectors. The addition of SMART software to Epson interactive projectors provides a potent combination for collaborative learning.

MoreLess

September 24, 2013

SMART Announces Easier Access to World’s Leading Education Software

CALGARY, Alberta --- September 24, 2013 --- SMART Technologies Inc. ("SMART") (Nasdaq: SMT) (TSX: SMA), a leading provider of collaboration solutions, announces a number of developments allowing for greater access to SMART Notebook™ collaborative learning software, The changes include new licensing options allowing educators greater access to the world's leading collaborative learning software - regardless of the brand of interactive hardware they use, and the introduction of Notebook Advantage, an annual maintenance and upgrade program. These new options offer expanded opportunities for teachers and administrators to use existing products and infrastructure in ways that provide exceptional collaborative learning experiences for students.

MoreLess

September 23, 2013

Announcing SMART amp - a New Platform for Learning Anytime, Anywhere…Any Device

Calgary, Alberta --- September 23, 2013 --- From the world leader in collaborative education software comes a powerful new platform designed to enhance teaching and learning experiences by simplifying how teachers, students, displays and devices come together. SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), announces SMART amp™ collaborative learning software, a revolutionary cloud-based solution designed specifically for education. As the 'glue' that connects disparate devices, it allows for a seamless transition between learning environments, supports teachers with access to collaboration-rich resources and offers students greater opportunities to get the most from their academic journey. As web-based software, it is accessible from virtually any internet-enabled device and eliminates deployment costs associated with operating, upgrading or supporting numerous proprietary operating systems.

MoreLess

August 26, 2013

SMART Appoints Ian McKinnon to its Board of Directors

CALGARY, Alberta --- August26, 2013 --- SMARTTechnologies Inc.("SMART") (Nasdaq: SMT) (TSX: SMA), is pleased to announce that Mr.Ian McKinnon has been appointed a Director of SMART. Mr. McKinnon is an experienced technology director andcurrently serves on the Board of TSX-listed Constellation Software Inc.  He is also a Director of two privately heldcompanies. His 30 plus years in the technology sector includes CEO roles atCerticom Corporation, Novator Systems Ltd, and Promis Systems Corporation. SMART believes the addition of Mr. McKinnon, asan independent Director, will contribute technical expertise at the Board leveland reflects SMART's continued commitment to strong corporate governance.
MoreLess

August 9, 2013

SMART Technologies Announces Results of 2013 Annual Special Meeting of Shareholders

CALGARY, Alberta --- August 9, 2013 --- SMART Technologies Inc. (the"Corporation") (NASDAQ: SMT) (TSX: SMA), a leading provider ofcollaboration solutions, is pleased to announce that all of the nominees listedin the Corporation's information circular dated June 25, 2013 were elected asdirectors of the Corporation at its annual and special meeting of shareholdersheld on August 8, 2013 (the "Meeting"). In addition, each of the other items of businessconsidered at the Meeting, namely:  (i)fixing the number of directors to be elected at six; (ii) the approval ofamendments to the Corporation's equity incentive plan and approval of allunallocated awards under the Corporation's equity incentive plan; (iii) theapproval of amendments to the by-laws of the Corporation; and (iv) there-appointment of KPMG LLP, Chartered Accountants as the Corporation'sindependent auditors, were all approved at the Meeting.
MoreLess

August 7, 2013

SMART Reports First Quarter 2014 Financial Results

  • Revenue of $155.9 million
  • Gross margin of 43.4%
  • Adjusted EBITDA of $27.5 million
  • Adjusted Net Income of $16.8 million

CALGARY, Alberta, Aug. 7, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced financial results for its first quarter ended June 30, 2013.

MoreLess

July 31, 2013

SMART Completes Credit Facility Refinancing

CALGARY, Alberta --- July 31, 2013 --- SMART Technologies Inc. (“SMART”) (NASDAQ:SMT) (TSX:SMA), a leading provider of collaboration solutions, announced today that its wholly-owned subsidiary, SMART Technologies ULC (the “Company”), has completed its previously announced credit facility refinancing.
MoreLess

July 24, 2013

SMART to Announce First Quarter Results

Calgary, Alberta --- July 24, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, today announced that it will report financial results for its first quarter ended June 30, 2013 after the financial markets close in the United States and Canada on Wednesday, August 7, 2013.
MoreLess

July 22, 2013

SMART Announces Credit Facility Refinancing

CALGARY, Alberta --- July 22, 2013 --- SMART Technologies Inc. (“SMART”) (NASDAQ:SMT) (TSX:SMA), a leading provider of collaboration solutions, announced today that its wholly-owned subsidiary, SMART Technologies ULC (the “Company”), has priced a new four-and-a-half-year senior secured term loan in an aggregate principal amount of $125 million (the “Term Loan”) and has received a significant portion of the commitments for a new four-year asset-based loan facility (“ABL”) in an aggregate principal amount of $50 million.  The proceeds from the financings are intended to be used to refinance certain existing indebtedness, fund transaction costs and for other corporate purposes. The transaction is expected to close the week of July 29, 2013.
MoreLess

June 27, 2013

Stanford University Study Finds Strong Economic Advantages in Using SMART Collaboration Solutions

Calgary, Alberta --- June 27, 2013 --- A research study conducted by the Center for Integrated Facility Engineering (CIFE) at Stanford University shows that using SMART collaboration solutions in construction and design companies can be easily justified as a good investment. The study provides examples of estimated net income increases of up to 20 percent and estimated paybacks on investment ranging from one week to two months of implementation. The economic impact study focused on construction and design companies and was conducted by CIFE on behalf of SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions. The study involved 54 participants, which included companies from the construction and design industry and students in the building information modeling (BIM) course at Stanford University. The Stanford study notes that the participating organizations experienced several benefits from using SMART solutions, including an estimated $3 million cost reduction for one of the general contractor companies and an estimated $300,000 savings for a design company.
MoreLess

June 24, 2013

SMART Enhances Collaborative Learning with New Interactive Displays

Calgary, Alberta --- June 24, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, announces the release of new display products designed to provide exceptional collaborative learning experiences for students. The new products include the SMART BoardÒ E70 interactive flat panel, the SMART Board M600 series of interactive whiteboards and the SMART UX80 ultra-short-throw projector. All SMART Board interactive displays include the latest version of award-winning SMART Notebook™ collaborative learning software, and give educators access to the SMART Exchange™ online education community where over one million educators connect, share and download high-quality digital resources. The introduction of these new products provides teachers and administrators with increased flexibility in display and projector options, and furthers the opportunities for classrooms to leverage existing products and infrastructure.
MoreLess

June 18, 2013

SMART Transforms Collaboration With New Solutions For Enterprise

CALGARY, Alberta --- June 18, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of visual collaboration solutions, announces new SMART Board interactive flat panels and collaboration software that allow teams to experience a way of working together like never before.
MoreLess

May 28, 2013

SMART Technologies Announces President, Enterprise

CALGARY, Alberta --- May 28, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, announces the appointment of Scott Brown to the position of President, Enterprise. Brown will lead the Enterprise Business Unit with a focus on delivering innovative and effective collaboration solutions to enterprise customers worldwide. He will be responsible for the strategy, financial objectives and operating plans to grow this key area of the company. Scott will start in this executive position on June 3, 2013 and report to Neil Gaydon, President and CEO of SMART Technologies.
MoreLess

May 23, 2013

SMART Introduces Global Service Program

Calgary, Alberta --- May 23, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, announces that ITEC Intelligent Service Plc. has been selected to become SMART’s Service Only Provider (SOP) in North, Central and Latin America, Europe, Middle East, Africa as well as the Asia Pacific region. The program is effective immediately and provides SMART’s customers with reliable service options through contracted installation and on-site maintenance support. SMART’s customers will benefit from ITEC’s survey, installation and maintenance services through SMART’s channel partners around the world.
MoreLess

May 16, 2013

SMART Reports Full Year and Fourth Quarter 2013 Financial Results

  • Full year revenue of $589.4 million
  • Annual gross margin of 44.4%
  • Full year Adjusted EBITDA of $48.8 million
  • Annual Adjusted Net Income of $11.8 million

CALGARY, Alberta, May 16, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced financial results for its full year and fourth quarter ended March 31, 2013.

MoreLess

May 13, 2013

SMART Closes Transaction to Sell and Lease Back Calgary Headquarters

Calgary, Alberta --- May 13, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, today announced the successful closing of its transaction to sell and lease back the company’s headquarters located in Calgary, Canada.
MoreLess

May 6, 2013

SMART Technologies Announces Resignation of Director

CALGARY, Alberta --- May 6, 2013 --- SMART Technologies Inc. (the "Company") (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, announced today that Mr. Arvind Sodhani, President of Intel Capital and Executive Vice President of Intel Corporation, has resigned from SMART Technologies Inc.'s Board of Directors, effective immediately.

MoreLess

March 26, 2013

SMART Announces Withdrawal of Proposed Offering of Senior Secured Notes

CALGARY, Alberta, March 26, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (the “Company”) (NASDAQ:SMT) (TSX:SMA), a leading provider of collaboration solutions, announced today that it has decided not to proceed with its previously announced senior secured notes offering at this time. The Company opportunistically sought to refinance certain of its indebtedness due in August 2014 with long-term fixed rate capital and was not pursuing the offering to fund short-term requirements. The Company had approximately $146 million of cash and cash equivalents at December 31, 2012.
MoreLess

March 18, 2013

Introducing the SMART Room System™ for Microsoft® Lync®

Orlando, Florida --- March 18, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, announces the SMART Room System for Microsoft Lync unveiled today at Enterprise Connect. SMART worked directly with Microsoft to develop the turnkey solution for meeting rooms that simplifies the collaboration experience for both virtual and face-to-face participants and provides seamless online collaboration through sharing of real-time video, voice and data.
MoreLess

March 14, 2013

SMART Announces Proposed Offering of $250.0 Million Senior Secured Notes

CALGARY, Alberta, March 14, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (the “Company”) (NASDAQ:SMT) (TSX:SMA), a leading provider of collaboration solutions, announced today that it intends to offer, subject to market and other customary conditions, up to $250.0 million in aggregate principal amount of new senior secured notes due 2020 (the “notes”) in a private offering. The notes will be co-issued by SMART Technologies ULC and SMART Technologies Finance Inc., each a wholly owned subsidiary of the Company. Initially, the notes will be unconditionally guaranteed (i) on a senior secured basis by the Company and each of the Company’s wholly-owned direct and indirect subsidiaries organized under the laws of the United States that will guarantee the Company’s new revolving credit facility and (ii) on a senior unsecured basis by each of the Company’s wholly-owned direct and indirect subsidiaries organized under the laws of New Zealand that will guarantee the Company’s new revolving credit facility. The notes and the secured guarantees will be secured by a first-priority lien, pari passu (subject to the terms of an intercreditor agreement) with the liens granted to secure the new revolving credit facility, on substantially all of the co-issuers’ and the secured guarantors’ existing and future assets, subject to certain exceptions and customary permitted liens.
MoreLess

March 13, 2013

SMART Announces Conditional Settlement of Class Action Lawsuits

CALGARY, Alberta --- March 13, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, announces that it and the other defendants have entered into an agreement in principle with the plaintiffs in the shareholder class action lawsuits. These include SMART Technologies Inc. Shareholder Litigation pending in the United States District Court for the Southern District of New York, and Tucci v. SMART Technologies Inc. et. al., pending in the Ontario Superior Court of Justice (the “Actions”).
MoreLess

March 6, 2013

SMART Announces Greg Estell as President, Education

CALGARY, Alberta --- March 6, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, announces the appointment of Greg Estell to the position of President, Education. Estell will lead the newly formed Education Business Unit and will be responsible for its strategy, financial objectives and operating plans to grow this key area of the company. He will start in this executive position on March 18, 2013 and report to Neil Gaydon, President and CEO of SMART Technologies.
MoreLess

February 18, 2013

SMART Wins Significant Education Tenders in the Middle East

CALGARY, Alberta --- February 18, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, announces that the Ministry of Education for the Kingdom of Saudi Arabia has awarded two tenders to SMART for a combined installation of 9,000 SMART Board™ interactive whiteboards and equivalent licenses for SMART Notebook collaborative learning software. Obeikan Education, the authorized SMART distributor in Saudi Arabia, will lead the implementation of SMART education solutions into 6,500 public school classrooms and 2,500 computer labs as part of the Ministry of Education’s vision to transform classrooms into collaborative learning environments that enhance student understanding and boost student achievement.

MoreLess

February 6, 2013

SMART Reports Third Quarter 2013 Financial Results

  • Revenue of $138.9 million
  • Gross margin of 42.3%
  • Adjusted EBITDA of $5.8 million
  • Adjusted Net Loss of $2.3 million

CALGARY, Alberta, Feb. 6, 2013 (GLOBE NEWSWIRE) -- SMART Technologies Inc. (Nasdaq:SMT) (TSX:SMA), a leading provider of collaboration solutions, today announced financial results for its third quarter ended December 31, 2012.

MoreLess

February 6, 2013

SMART Appoints Neil Gaydon to its Board of Directors

CALGARY, Alberta --- February 6, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, announces the appointment of Neil Gaydon to its Board of Directors, effective immediately. Mr. Gaydon has served as President and Chief Executive Officer of SMART Technologies since October 2012. Prior to joining SMART, Mr. Gaydon served as both CEO and director of Pace plc, the world’s largest set top box producer, headquartered and publicly listed in the United Kingdom.
MoreLess

January 30, 2013

New SMART Table® 442i inspires collaborative learning

LONDON, UK --- January 30, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions and the company that pioneered interactive learning tables, introduces their newest innovation – the SMART Table® 442i collaborative learning center. Publicly unveiled at the British Education Technology Conference in London today, the SMART Table features an engaging 360 degree, multitouch surface with a brilliant 106.68 cm (42”) high-definition 1080p LCD display. The SMART Table enables up to eight students to interact simultaneously and actively collaborate to achieve shared learning goals.

MoreLess

January 28, 2013

SMART Enables Transformational Learning with New Education Solutions

CALGARY, Alberta --- January 28, 2013 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA), a leading provider of collaboration solutions, announces the release of several new products designed to help students and educators transform learning with collaboration. The solutions include a new model of the SMART Document Camera™, SMART Notebook™ Web*, XC add-on for SMART Notebook™ collaborative learning software along with interactive widgets and premium content from the SMART Exchange™ website, and a new version of Bridgit® conferencing software. These education solutions help teachers engage students with active participation while maintaining a dynamic balance between whole-class, small group and individual learning.

MoreLess