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DLG Direct Line Insurance Group Plc

282.20
-1.40 (-0.49%)
20 Mar 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Direct Line Insurance Group Plc LSE:DLG London Ordinary Share GB00BY9D0Y18 ORD 10 10/11P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.40 -0.49% 282.20 282.20 282.40 287.00 281.00 284.80 6,100,821 16:35:16
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fire, Marine, Casualty Ins 3.69B 162.6M 0.1240 22.77 3.72B

Dialog Corporation - Agreement Signed

09/06/1999 8:33am

UK Regulatory


RNS No 5202m
DIALOG CORPORATION PLC
9 June 1999
                                 
 
    FUJITSU AND DIALOG IN GLOBAL INTERNET TECHNOLOGY ALLIANCE

     Fujitsu to integrate Dialog information services and web
          technologies into computer solutions world-wide


London, England and Cary, N.C.: 9th June 1999: The Dialog
Corporation plc (LSE: DLG, NASDAQ: DIAL), a leading provider of
Internet-based information, technology and eCommerce solutions to
the corporate market, has signed a multi-million pound technology
licensing and distribution agreement with Fujitsu Limited (TSE:
6702), the global information technology and network solutions
leader.

This alliance between Dialog and Fujitsu represents an
unprecedented endorsement of Dialog's InfoSort software,
significantly advancing the Group's strategy of establishing this
technology as a global standard for information categorisation.

Additionally, Fujitsu will incorporate Dialog's broad range of
online services within its Information Technology solutions
provided to customers world-wide.

Under the terms of the agreement, Fujitsu will deploy Dialog's
InfoSort software in existing and future products and services.
Fujitsu will also, through its extensive world-wide reseller
network, become a marketing and distribution channel for Dialog's
online professional and business information solutions.
Specifically:-

*   Fujitsu will commence installing Dialog software as a standard
    in its hardware and network solutions.

*   Fujitsu will become, on a non-exclusive basis, a re-seller and
    distributor of Dialog's range of information products and
    technologies world-wide.

*   Fujitsu will develop Japanese versions of both Dialog's
    proprietary indexing and categorisation technology, InfoSort,
    and its InfoSort-driven knowledge management solution,
    LiveIntranet.

*   InfoSort will be deployed as the standard internal
    categorisation software within Fujitsu, to be used by its
    employees world-wide.

This partnership between a major western company and a global
Japanese technology company is believed to represent one of the
UK's largest-ever export orders for leading-edge software.

Fujitsu Limited is a leading provider of comprehensive information
technology and network solutions for the global marketplace.
Comprising over 500 group companies and affiliates world-wide -
including ICL, Amdahl and DMR Consulting Group -- the Fujitsu
Group had consolidated revenues of 5.24 trillion yen ($43.3
billion) in the fiscal year ended March 31, 1999. Fujitsu employs
over 188,000 people world-wide (55,000 of which are systems and
service experts), has operations in more than 100 countries and
last year sold 3.82 million personal computers world-wide. In the
Japanese market, Fujitsu is one of the largest Internet service
providers, personal computer manufacturers and online service
providers.

Dialog will receive multi-million pound fees for licenses,
services and technology support in addition to royalties for sales
of online services and InfoSort sales (both English and Japanese
language). Additional royalties associated with new products and
services under development are also catered for by today's
agreement.

Dan Wagner, Dialog's Chief Executive, commented:

"Fujitsu's interest in such a wide ranging alliance was ignited by
our acquisition of Knight Ridder Information, which gave us a true
global presence and expanded our breadth of information services a
hundred fold. For the past eighteen months, we have been in
negotiation with Fujitsu to conclude this landmark Agreement which
endorses the support received from those investors who have shared
our vision since that time.

"Fujitsu's global presence is immense, and the importance of their
recognition of our information and knowledge management leadership
cannot be overstated. The fact that they will be offering our
online services and technologies as preferred solutions to their
vast global customer base accelerates InfoSort's potential to
become an industry standard world-wide.

"InfoSort has always been utilised to provide companies with the
ability to track external published data of value and relevance.
Through today's agreement and the complementary capabilities of
Dialog and Fujitsu, companies will now be able to do the same with
their important internal information thus enabling them to fully
leverage their knowledge capital."

Mr. Tatsuzumi Furukawa, Fujitsu Member of the Board, Group
President, Network & Content Business Group commented:-

"We are very pleased to be in partnership with such an innovative,
leading company as Dialog.  Since we first formed a relationship
with them in 1997, we have increasingly recognised the value and
quality of their knowledge management tools and technologies and
the vast depth and range of their information solutions.

"In the area of knowledge management and Intranet solutions, we
are satisfied that Dialog's InfoSort is the best software of its
kind available today and with this global alliance we look forward
to working with Dialog to position it firmly as an industry
standard.

"We are also aware of the increasing importance of providing
information solutions integrated tightly into our technology
solutions. Dialog is a global partner able to offer the range of
information solutions necessary to satisfy our broad and growing
customer base.

"There is no doubt that as this new phase in our relationship
develops, we will be exploring other potential applications of
Dialog's technologies and new areas in which we can work
together."

The agreement has important implications for the UK's role in the
global information age, an issue on which the Government has
placed considerable emphasis.  On this note, Dan Wagner concluded:-

"This is a major success story in the UK's export of high
technology.  In the fast-moving software world there is yet to be
a clear leader in knowledge management and automated data
categorisation solutions.  Fujitsu's decision to adopt Dialog's
software means that a global standard in software could well
originate from the UK for the first time.

"In establishing and building upon our relationship with Fujitsu
in recent years, we have received outstanding assistance from the
DTI (Department of Trade and Industry) and from the highest levels
of Government, who have shown real commitment to supporting the
cause of the UK's technology industry on the world stage."

Please note that Dialog and Fujitsu will be hosting a press
conference at 10.30am today, at One Great George Street, London
SW1.

For further information, please contact:

Tracey Johnston, Corporate PR Manager      0171 930 6900
The Dialog Corporation plc                 tracey_johnston@dialog.com
                                           
Julia Morton, Investor Relations Manager   0171 930 6900
The Dialog Corporation plc                 julia_morton@dialog.com

Fujitsu Limited, Public Relations          +81-3-3216-7952 (Tokyo)
Bob Pomeroy                                pr_mailbox@hq.fujitsu.co.jp

John Olsen/James Longfield                 0171 357 9477
Hogarth Partnership Ltd, for Dialog        jolsen@hogarthpr.co.uk


NOTES TO EDITORS:

Fujitsu Limited

Fujitsu Limited (TSE: 6702) is a leading provider of comprehensive
information technology and network solutions for the global
marketplace. Comprising over 500 group companies and affiliates
world-wide -- including ICL, Amdahl and DMR Consulting Group --
the Fujitsu Group had consolidated revenues of 5.24 trillion yen
($43.3 billion) in the fiscal year ended March 31, 1999.  With
world-class hardware and software technology in computers,
telecommunications and microelectronics, and a corps of 55,000
systems and services experts around the world, Fujitsu is uniquely
positioned to harness the power of the network to help its
customers succeed.  Altogether, the Fujitsu Group has 188,000
employees and operations in over 100 countries.

The Dialog Corporation plc

The Dialog Corporation plc (http://www.dialog.com) is a leading
provider of Internet-based information, technology and eCommerce
solutions to the corporate market, created by the merger of
M.A.I.D plc and Knight-Ridder Information Inc.

Dialog provides a range of technologies and services for Internet
and intranet-based knowledge management and eCommerce
applications.  The company's InfoSort indexing technology is
widely perceived to offer an industry standard for information
categorisation, while the DIALOG, DataStar and Profound range of
products and services provide comprehensive, authoritative sources
of information to professionals worldwide.

The Dialog Corporation has world headquarters in London and US
headquarters in Cary, NC.  Its American Depositary Shares (ADS)
are traded on NASDAQ under the symbol "DIAL" with four Ordinary
Shares comprising one ADS; its Ordinary Shares trade on the London
Stock Exchange under the symbol "DLG."


END

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