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IFNC Infonic

1.125
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Infonic LSE:IFNC London Ordinary Share GB0033423343 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.125 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Contract for DHL's NHS supply chain solution

18/11/2008 7:01am

RNS Non-Regulatory


    
  Infonic PLC
  18 November 2008
   

    


    INFONIC PLC ('Infonic' or the 'Company')

    Infonic helps drive NHS efficiency with DHL Supply Chain deal

    Infonic plc, (IFNC) the AIM-listed provider of innovative information management software, announces the successful deployment of its
Document Manager software within DHL's NHS supply chain solution. 

    Infonic's unique software has been deployed at seven DHL sites across the UK to handle incoming invoices and documentation related to
non-pharmaceutical based product supply for English Primary Care Trusts.

    The deployment of Infonic's software will significantly increase the capacity of the NHS supply chain to handle incoming hard copy
invoices without a corresponding increase in NHS staff. The software will enable digital capture and secure, centralised storage of over 1.6
million supplier invoices per annum, allowing for more invoices to be processed daily within the NHS and enabling the NHS to benefit from
supplier discounts which rely on short payment terms.

    Infonic's CEO Mark Thompson commented, "I'm delighted at the successful implementation of Infonic's Document Management software at
DHL's NHS Supply Chain. The potential of Infonic's document capture and workflow automation technologies to add efficiencies to the
operations of many parts of the NHS is significant and we see this as a good beach head from which to build a broader relationship with the
supply chain team at DHL".

    Infonic software is installed on servers at 35 DHL sites in the UK and used by DHL employees and customers across a further 100 sites.


    For further information please visit www.infonic.com or contact:


 Infonic plc 
 Mark Thompson, Chief Executive     Tel: +44 (0) 1483 443000  

 Parkgreen Communications Limited
 Paul McManus                      Tel: +44 (0) 20 7933 8787
                                   Mob: +44 (0) 7980 541 893
                                   paul.mcmanus@parkgreenmedia.com
 FinnCap 
 Geoff Nash/Rose Herbert           Tel: +44 (0) 20 7600 1658

      About Infonic plc
    Infonic is a global leader in providing unique software focusing on document and text capture, distribution and analysis. Infonic's
software is used every day to improve efficiency for some of the world's leading companies, military and maritime organisations and
government departments.

    Infonic was founded in 2000 and listed on AIM in 2003 (previously named Corpora plc).

    Infonic makes three core software technologies: 

    Geo-Replicator software uses powerful, patented data compression and synchronisation technology to replicate data rapidly between
servers and laptops and server-to-server. This is vital where servers are separated geographically and data transmission would ordinarily be
slow and where personnel work remotely but need access to replicated data in the field. 

    Document Management software makes possible the digital capture, storage, search and retrieval of any type of document, including
scanned images, word documents, e-mails and pdfs. Our software enables businesses to dispense with hard copy filing and stores documents in
secure folder systems which permitted users can access simultaneously.

    Text Analytics software automatically understands, analyses and reports on the underlying events and sentiment behind thousands of news
stories, reading unstructured news in milliseconds and presenting the end user with an instant understanding of content. Sentiment has a
number of applications such as giving financial traders a time advantage in understanding whether the news sentiment behind a stock is
positive, negative or neutral.

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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