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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 |
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 MSCAFLFFRLITIAA
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