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DLG Direct Line Insurance Group Plc

267.20
2.40 (0.91%)
13 Feb 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
  2.40 0.91% 267.20 267.00 267.40 267.80 265.80 266.20 6,077,731 16:35:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fire, Marine, Casualty Ins 2.86B 222.9M 0.1700 15.71 3.47B

Dialog Corporation - Re Data Convergence

03/07/1998 11:14am

UK Regulatory


RNS No 8559m
DIALOG CORPORATION PLC
3rd July 1998

                      Data convergence ahead of schedule
                 Resources reallocated to DataStar development

London 3 July 1998:  The Dialog Corporation plc announced today that as a
result of  its  data  convergence  progressing well, significant human and
financial  resources are to be released and will be used to further enhance
DataStar  and  DataStarWeb  in  Bern,  Switzerland.  It will also allow the
introduction of innovative new products from The Dialog Corporation sooner
than anticipated.

Ciaran Morton, Senior Vice President, Europe, Middle East and Africa, The
Dialog Corporation said:

"We have successfully implemented our new telecommunications backbone,
providing us with real-time links between customers and data centres.  These
developments now enable us to provide customers with all the benefits of
convergence without having to physically relocate all of the resources.  We
are able to merge the data into one location, saving on time and costs, while
interface management and maintenance will remain separate. Therefore, access
to the DIALOG, DataStar and Profound services will remain unaffected by the
technological convergence continuing in the background, and indeed be enhanced
by new interfaces."

The Dialog Corporation will enhance DataStar with key scientific and medical
databases and release new versions of DataStar for Windows  (formerly known as
KR ProBase) and DataStarWeb. The range and quality of content available
through these services will continue and European language data will be
expanded. The Dialog Corporation convergence already in place will allow for
centralised administration, simplified pricing and single billing, for all
customers of DataStar, DIALOG and Profound.

Dan Wagner, Chief Executive of The Dialog Corporation added:

"We are now able to commit considerably greater resources to developing the
DataStar product range without affecting the level of cost savings envisaged
in our integration plan.  We are also ahead of schedule on the application of
InfoSort to all of our databases, allowing us to build new and improved
products at a faster rate."

These new products will be capable of simultaneously searching across all the
files of The Dialog Corporation, utilising new technology platforms with a
range of web-based interfaces focusing on specific vertical markets.
                                       

For further information, please contact:

Sara Parker                   (+44) 171 930 6900
Tracey Johnson             
Jackie Sylvester              (+44) 171 940 6900
The Dialog Corporation plc


END

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