TIDMDSG

RNS Number : 1204N

Dillistone Group PLC

28 January 2021

Dillistone Group Plc

('Dillistone' or the 'Group')

Launch of new Executive Search software product -

& product launch webinar

"Mapping the executive Internet"

Dillistone Group Plc, the AIM quoted supplier of software for recruiters, today announces the launch of the Talentis TalentGraph, an innovative and proprietary platform, and Talentis (https://www.talentis.global/recruitment-software/introducing-talentis/), its next generation executive search solution, which runs on the Talentis TalentGraph platform.

The Talentis TalentGraph takes advantage of big data and artificial intelligence technology to track publicly available world-wide information on executives and the organisations they work for. At launch, the Talentis TalentGraph contains detailed profiles of millions of individuals - including profiles associated with senior executives who may not be found on everyday social media platforms - and has the ability to recognise and interpret executive information across more than 1 billion distinct webpages.

The initial launch application for the Talentis TalentGraph will be the executive search sector, a niche in which the Group has extensive experience. The Talentis executive search software product uses the Talentis TalentGraph to reduce the administrative overhead associated with sourcing potential candidates for senior level positions.

The Board does not anticipate requiring additional funding for the ongoing development of Talentis and the Talentis TalentGraph.

Dillistone Group Chief Executive, Jason Starr, commented:

"In 2019, we took the decision to focus our R&D investment on long term growth, rather than shorter term feature chasing. Talentis and the Talentis TalentGraph are the first examples of this.

"The ethos of Talentis is 'the internet is your database'. Our utilisation of big data and artificial intelligence techniques allows our users to review context relevant information about potential candidates while surfing the web, all in a highly efficient and unique manner.

"These developments will provide immediate benefits to many of our existing Group clients and will provide the Group the opportunity to be far more competitive.

"We believe that our approach will be transformational in the executive search space, and - in the fullness of time - will offer real opportunities in broader markets."

Webinar to introduce Talentis and the Talentis TalentGraph: Wednesday 3 February at 12.30pm

A webinar for investors will be held at 12.30pm on Wednesday 3 February 2021. To request a place, please

register at   https://attendee.gotowebinar.com/register/5546126178909630475

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries:

 
 Dillistone Group Plc                                      Via Walbrook PR 
 Jason Starr               Chief Executive 
 Julie Pomeroy             Finance Director 
 
 WH Ireland Limited (Nominated adviser) 
                           Managing Director, 
 Chris Fielding             Corporate Finance                020 7220 1650 
 
 Walbrook PR 
 Tom Cooper / Nick Rome                                      020 7933 8780 
                                                 dillistone@walbrookpr.com

Notes to Editors:

Dillistone Group Plc is a leader in the supply and support of software and services to the recruitment industry. Dillistone operates through the Ikiru People brand.

The Group develops, markets and supports the Talentis, FileFinder, Infinity, Midoffice, ISV and GatedTalent products.

Dillistone was admitted to AIM, a market operated by the London Stock Exchange plc, in June 2006. The Group employs around 90 people globally with offices in Basingstoke, Southampton, New Jersey and Sydney.

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END

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(END) Dow Jones Newswires

January 28, 2021 02:02 ET (07:02 GMT)

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