Voyager development partnership agreement

RNS Number : 1221Y

Dillistone Group PLC

13 May 2016

 

 13 May 2016

Dillistone Group Plc

Product Development partnership with leading UK Recruiter

Dillistone Group Plc ("Dillistone"), the AIM listed supplier of executive recruitment software, is pleased to announce that its Voyager Software division has signed a development partnership with one of the UK's ten largest recruitment companies (the Partner).

Through the collaboration, the Division will work closely with the Partner to further optimise a new product which will be launched this year.  The Division will retain all intellectual property relating to the new solution.  As part of the contract, the Partner will pay a significant five figure fee to the Division, and will receive discounted rates on post launch licensing.

Commenting on the partnership, Paul Mather, Operations Director at Voyager, said:

"This is a significant commitment from one of the best known recruiters in the UK.  It demonstrates the ground breaking nature of our new product pipeline and we look forward to releasing updates to our wider client base later in the year."

Enquiries:

Dillistone Group Plc
Mike Love	Chairman	020 7749 6100
Jason Starr	Chief Executive	020 7749 6100
Julie Pomeroy	Finance Director	020 7749 6100
WH Ireland Limited (Nominated adviser)
Chris Fielding	Head of Corporate Finance	020 7220 1650
Walbrook PR
Tom Cooper / Paul Vann		020 7933 8780
		0797 122 1972
		[e-mail]

 

Notes to Editors:

Dillistone Group Plc (www.dillistonegroup.com) is a leader in the supply and support of software and services to the recruitment industry. It has four trading businesses operating through two divisions: Dillistone Systems, which targets the executive search industry (www.dillistone.com); and Voyager Software, which targets other recruitment markets (www.voyagersoftware.com).

Dillistone has made three acquisitions: Voyager Software in September 2011, FCP Internet in July 2013 and ISV Software in September 2014.  The Group operates under the FileFinder, Infinity, Evolve and ISV brands.

Dillistone was admitted to AIM, a market operated by the London Stock Exchange plc, in June 2006.  The Group employs over 100 people globally with offices in London (head office) Basingstoke and Southampton, Frankfurt, New Jersey and Sydney.

 

END

 

 

NRAUUUVRNUAVAAR