Oracle Rollout
02 Outubro 2003 - 10:30AM
UK Regulatory
RNS Number:4637Q
Danka Business Systems PLC
02 October 2003
For Immediate Release 2 October 2003
DANKA BUSINESS SYSTEMS PLC
("DANKA" OR "THE COMPANY")
Danka Provides Update on Oracle 11i Rollout
Danka Business Systems PLC, a leading independent global supplier of office
imaging systems and services, today announced that it has begun the final stage
of Phase I of its Oracle 11i ERP system rollout in the U.S. As at the end of the
Company's first fiscal quarter to 30 June 2003, about 50% of its U.S. business
had been converted to the new system and by the end of the second quarter to 30
September 2003, approximately 73% of its U.S. business had been converted. This
final stage will convert the remainder of the U.S. business to the new system.
"The Company began the final stage of its rollout on 27 September," said Gene
Hatcher, Danka's Chief Information Officer. "This project has been very
expensive, time consuming and challenging; nevertheless, as we announced
earlier, we expect to complete Phase I of our initial rollout across our U.S.
business this fall."
Danka's U.S. President and Chief Operating Officer, Todd Mavis added, "With the
end of our Phase I Oracle implementation in sight, we will now be focused on
realising the operational and customer service benefits of the system,
leveraging our investment, and reducing our costs. The savings will come from
reduced spending related to implementation of the system and reductions in
expenditures related to maintaining multiple, disparate, outdated legacy
IT systems and processes, which have been very resource and labor intensive.
We are now looking at our entire U.S. organisation in the context of our
new operating systems and processes, and expect headcount reductions over
the next two quarters."
The Oracle ERP implementation represents the most significant part of the
Company's reengineering project, called Vision 21, which was launched in Fiscal
Year 2002 as part of the company's objective to deliver a world class customer
experience.
-ends-
Enquiries:
Danka Business Systems PLC
Don Thurman, Chief Marketing & Strategy Officer 001 770 280 3990
Paul Dumond, Company Secretary 020 7605 0150
Weber Shandwick Square Mile
Katie Hunt 020 7067 0700
About Danka
Danka delivers value to clients worldwide by using its expert technical and
professional services to implement effective document information solutions. As
one of the largest independent providers of office imaging equipment, document
solutions and related services and supplies, Danka enables choice, convenience
and continuity. Danka's vision is to empower customers to benefit fully from the
convergence of image and document technologies in a connected environment. This
approach should strengthen the company's client relationships and expand its
strategic value.
Forward-Looking Statements: Certain statements contained in this press release,
or otherwise made by our officers, including statements related to our future
performance and our outlook for our businesses and respective markets,
projections, statements of our plans or objectives, forecasts of market trends
and other matters, are forward-looking statements, and contain information
relating to us that is based on our beliefs as well as assumptions, made by, and
information currently available to, our management. The words "goal",
"anticipate", "expect", "believe" and similar expressions as they relate to us
are intended to identify forward-looking statements, although not all forward
looking statements contain such identifying words. No assurance can be given
that the results in any forward-looking statement will be achieved. For the
forward-looking statements, we claim the protection of the safe harbor for
forward-looking statements provided for in the Private Securities Litigation
Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Such statements reflect our current views
with respect to future events and are subject to certain risks, uncertainties
and assumptions that could cause actual results to differ materially from those
reflected in the forward-looking statements.
This information is provided by RNS
The company news service from the London Stock Exchange
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