DITA Europe 2019 | November 7-9, Brussels

We're exhibiting at DITA Europe 2019 in Brussels, Belgium - November 7-9, 2019

Join colleagues from around the world for two days of career-empowering knowledge, practices, networking, and practical solutions. With insights from nearly 50 presenters, 17 Sessions in the Technology Test Kitchen, an exhibit hall packed with the best technical content solutions, and the very best in industry networking, DITA Europe is designed with your specific needs in mind—providing strategies you can use immediately as you create and manage technical content, and expanding your professional network with information development experts from around the world.

Those new to content management and/or DITA will find guidance for starting their journey, while for experts, our program offers ways to continue pushing the boundaries. Join us for a chance to share what you already know and find out about things you don’t!

Visit the conference website for further information and to register.


WEBINAR | Fast-track your DITA content conversion project using Stilo Migrate

Tuesday, July 9, 2019 | 8am PT, 11am ET, 4pm UK

claim your spot

For many organizations, converting existing unstructured content to DITA is typically beset with challenges and plagued by frustrating delays and escalating costs. All too often, we hear stories of months spent documenting lengthy conversion specs before even a single page of content can be converted. We learn of problems when conversion scripts need to be modified for different document types, or when hundreds or thousands of images and tables need to be processed.

But it doesn’t have to be that way with Stilo’s Migrate cloud conversion service.

Migrate enables technical authoring teams to convert content to DITA on-demand, and with immediate results, from source formats including Word, FrameMaker, RoboHelp and XML/SGML/HTML. It can be used to convert a single document, with Stilo operating the service, or by global documentation teams that need to convert tens of thousands of pages of content.

Join Stilo CEO, Les Burnham and Conversion Services Manager, Helen St. Denis to learn more about how you can fast-track your DITA content conversion project using Migrate.

During the webinar we’ll show you how you can…
• Get your conversion project up and running really quickly
• Save a lot of time and effort by avoiding the need to document lengthy conversion specs
• Reduce the requirement for any manual pre-conversion prep or post-conversion cleanup
• Automatically generate SVGs from FrameMaker drawings and images with callouts
• Ensure high quality standards
• Benefit from a dedicated, pay-as-you use conversion portal, available 24//7

Can’t make that date? Don’t worry – register and we will send you a link to the recording following the live broadcast!


Result of AGM 23 May 2019

23 May 2019

STILO INTERNATIONAL PLC

The Annual General Meeting of Stilo International plc was held at the offices of RSM UK Audit LLP, 25 Farringdon Street, London EC4A 4AB earlier today.

All 6 resolutions put to members were passed. Resolutions 1 to 4 were passed as ordinary resolutions and resolutions 5 and 6 were passed as special resolutions.

The number of votes lodged by proxy for and against each of the resolutions proposed, and the number of votes withheld was as follows:

 Resolution

Votes for

%

Votes against

%

Votes withheld

Resolution 1 (Ordinary)

To receive and adopt the Directors’ Report and Accounts for the year ended 31 December 2018

42,397,973

100

0

0

0

Resolution 2 (Ordinary)

To approve the final dividend for the year ended 31 December 2018

42,397,973

100

0

0

0

Resolution 3 (Ordinary)

To reappoint RSM UK Audit LLP as Auditors to the Company and to authorise the Directors to fix their remuneration

42,397,973

100

0

0

0

Resolution 4 (Ordinary)

To authorise the Directors to allot relevant securities

42,397,973

100

0

0

0

Resolution 5 (Special)

To authorise the Directors to allot equity securities and to disapply statutory pre-emption rights in relation to the issue of certain equity securities

42,177,973

99.48

220,000

0.52

0

Resolution 6 (Special)

To authorise the Directors to purchase ordinary shares

42,397,973

100

0

0

0

As at 23 May, 2019, there were 113,930,470 ordinary shares in issue. Shareholders are entitled to one vote per share. Votes withheld are not votes in law and so have not been included in the calculation of the proportion of votes for and against a resolution.

ENQUIRIES

Stilo International plc
Les Burnham, Chief Executive
T +44 1793 441 444

SPARK Advisory Partners Limited (Nominated Adviser)
Neil Baldwin T +44 203 368 3554
Mark Brady  T +44 203 368 3551

SI Capital (Broker)
Nick Emerson
T +44 1483 413500


Trading Update

23 May 2019

STILO INTERNATIONAL PLC

Stilo International plc (“Stilo” or the “Company”) today provides a trading update. The Company develops software tools and cloud services that help organisations create and process structured content in XML format so that it can be more easily stored, managed, re-used, translated and published to multiple print and digital channels.

In the Company’s 2018 Preliminary Results, announced on 14 March 2019, we indicated that the outlook for 2019 was uncertain. Albeit the Company is involved in several new contract bids that could materialise later in 2019, the Company expects to report a material drop in revenue and a loss for the six-month period ending 30 June 2019, as sales have been slower than planned.

Given the ongoing trading uncertainty, it is important that we reduce our operating costs and we will be taking appropriate measures to do so in the coming weeks.

ENQUIRIES

Stilo International plc
Les Burnham, Chief Executive
T +44 1793 441 444

SPARK Advisory Partners Limited (Nominated Adviser)
Neil Baldwin T +44 203 368 3554
Mark Brady  T +44 203 368 3551

SI Capital (Broker)
Nick Emerson
T +44 1483 413500


WEBINAR Converting content to DITA and optimizing for consistency and reuse

Watch on demand

First broadcast: April 9, 2019

Converting legacy content to DITA and optimizing reuse potential to ensure content quality and consistency across the enterprise is high on most organizations’ to-do list when implementing DITA.

So what tools are available to help ID professionals and where do you start?

Join Stilo’s Conversion Services Manager, Helen St. Denis, for this DITA Knowledge Series webinar to learn more about Stilo’s Migrate cloud DITA content conversion service and OptimizeR, a DITA content optimization tool. Discover just how easy it is to automate the conversion of content to DITA and, following analysis, optimize DITA content for consistency and reuse.

Note: playback on the recording starts at 00:01:20

View recording (registration required)

Migrate is a cloud service that enables technical authoring teams to automate the conversion of content to DITA and custom XML from source formats including Word, FrameMaker, Robohelp, InDesign and XML/SGML/HTML.Migrate provides greater control over conversion quality, immediate turnaround times and operates on a pay-as-you-use basis.

Try for free

OptimizeR is a content optimization tool that enables you to automatically identify reuse potential across your DITA content and publish more consistent content, faster. Whether you’re embarking on the conversion of content to DITA for the first time, or have existing DITA content that you would like to evaluate for additional reuse opportunities, OptimizeR can help.

Try for free

WEBINAR Converting content to DITA and optimizing for consistency and reuse

Broadcast: April 9, 2019

Converting legacy content to DITA and optimizing reuse potential to ensure content quality and consistency across the enterprise is high on most organizations’ to-do list when implementing DITA.

So what tools are available to help ID professionals and where do you start?

Join Stilo’s Conversion Services Manager, Helen St. Denis, for this DITA Knowledge Series webinar to learn more about Stilo’s Migrate cloud DITA content conversion service and OptimizeR, a DITA content optimization tool. Discover just how easy it is to automate the conversion of content to DITA and, following analysis, optimize DITA content for consistency and reuse.

Note: playback on the recording starts at 00:01:20

View recording (registration required)

Migrate is a cloud service that enables technical authoring teams to automate the conversion of content to DITA and custom XML from source formats including Word, FrameMaker, Robohelp, InDesign and XML/SGML/HTML.Migrate provides greater control over conversion quality, immediate turnaround times and operates on a pay-as-you-use basis.

OptimizeR is a content optimization tool that enables you to automatically identify reuse potential across your DITA content and publish more consistent content, faster. Whether you’re embarking on the conversion of content to DITA for the first time, or have existing DITA content that you would like to evaluate for additional reuse opportunities, OptimizeR can help.


Preliminary announcement of results for year ended 31 December 2018

14 March 2019

STILO INTERNATIONAL PLC

Stilo International plc (“Stilo”, the “Group” or the “Company”) today announces its results for the year ended 31 December 2018. The Company develops software tools and cloud services that help organisations create and process structured content in XML format so that it can be more easily stored, managed, reused, translated and published to multiple print and digital channels.

FINANCIAL HIGHLIGHTS

  • Sales revenues of £1,487,000 (2017: £1,894,000).
  • Profit after tax of £177,000 (2017: £313,000).
  • Reduction in operating costs, net of capitalised development costs, to £1,358,000 (2017: £1,591,000), primarily due to favourable currency exchange rates.
  • Investment in total product development of £583,000 (2017: £656,000) of which £213,000 capitalised (2017: £213,000).
  • Cash of £1,271,000 as at 31 December 2018 (2017: £1,621,000), with reduction largely due to continued investment in development projects and dividend payments to shareholders.
  • Final dividend proposed of 0.06 pence per Ordinary Share, providing a total dividend of 0.12 pence for the year (2017: total 0.10 pence).

BUSINESS HIGHLIGHTS

  • Total sales revenues for the period decreased significantly, principally due to an expected reduction in OmniMark-related revenues from one major customer.
  • Migrate revenues held up well given the expiry of a significant contract from earlier years. Customers during the period included Edwards Lifesciences, Visa, Viewpoint, ARRIS, Synopsys, Deltek, Varian and TIBCO.
  • AuthorBridge beginning to get traction with new customers including Kaplan Professional, Intel and Coriolis.
  • Initiated the development of OptimizeR – a new tool to help customers deduplicate their DITA content, improve content consistency and maximise the opportunity for content reuse.

David Ashman, Chairman, commenting on the Company’s performance, stated:

“Total sales revenues for the period decreased significantly, principally due to an expected reduction in OmniMark-related revenues from one major customer. However, it was encouraging that our Migrate revenues held up well, as new customer wins compensated for the expiry of a major contract. We were also successful in making some initial breakthroughs with sales of AuthorBridge to new customers.

Given our size, we continue to incur significant financial overheads associated with being a public listed company, but notwithstanding this we were able to generate a post-tax profit for the period of £177,000.

The Company continues to invest in the development of leading technologies for the structured content market and in so doing build long-term value for shareholders. As we look forward to growing future sales, supported by healthy cash reserves and a strong balance sheet, I am pleased to announce the payment of an increased final dividend of 0.06 pence per share, providing a total dividend for the year of 0.12 pence”.

Download a PDF of the full 2018 preliminary results announcement.

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


BUSINESS OVERVIEW

Stilo develops software tools and cloud services that help organisations create and process structured content in XML format, so that it can be more easily stored, managed, reused, translated and published to multiple print and digital channels.

Over recent years, many organisations have adopted industry specific XML standards e.g. Publishing (DocBook), Aerospace & Defence (S1000D), Finance (XBRL), Life Sciences (SPL), Scientific and Scholarly Publishing (JATS), Software and High Tech (DITA). Stilo made the decision some years ago to focus new product development and marketing efforts on the emerging DITA standard. This standard originated within IBM to support the publishing of its technical documentation and has been increasingly adopted by other software and high tech companies. DITA is now beginning to make inroads into additional market sectors including Manufacturing, Life Sciences and Publishing.

In early 2018 we undertook some exploratory development and marketing efforts for the JATS market but these were put on hold mid-year in order to focus resources on the major release of AuthorBridge v3 for the DITA market.

In the medium term, given limited resources, we will look to diversify beyond the DITA market through potential partnering opportunities and the incremental development of AuthorBridge, Migrate and OptimizeR.

We continue to build upon our strong reputation for excellent products and supporting technical expertise, resulting from many years of experience in the structured content marketplace. With offices in the UK and Canada, we support clients throughout North America, Europe and Japan.

PRODUCTS AND CUSTOMERS

OmniMark

Stilo’s core technology is OmniMark, a long-established development platform used to build high-performance content processing applications integral to enterprise publishing solutions.

Users include Pratt and Whitney, Airbus Defence & Space, Clarivate Analytics and Wolters Kluwer.

Sales for the year included orders from the European Parliament, Japan Patent Office, Qantas and Gulfstream.

Migrate

Migrate is the world’s first cloud XML content conversion service and utilises OmniMark technology. Through advanced levels of automation, it enables organisations to improve turnaround times, reduce operating costs and take direct control of their work schedules, providing an attractive alternative to traditional outsourced conversion services.

Migrate sales for the period include orders from Edwards Lifesciences, Visa, Viewpoint, ARRIS, Synopsys, Deltek, Varian and TIBCO.

Using Migrate, we have helped our customers convert over one million pages of content to the DITA standard.

OptimizeR

Complementing Migrate, OptimizeR is a tool that we are developing to help automate the deduplication of DITA content, improve content consistency and help maximise the opportunity for content reuse. This can be particularly important in highly regulated or hazardous environments.

In 2018 the tool was in the research and early development phase with all expenses recognised in the profit or loss. Initial customer testing is due to start in the coming months and we expect to make OptimizeR generally available to customers mid-year 2019.

AuthorBridge

AuthorBridge is a web-based XML authoring tool, designed for content contributors who have no knowledge of XML or its complexities. It is currently targeted at large enterprises, which are looking to extend the use of DITA across different business units and potentially support hundreds of users.

The development of AuthorBridge has been a major effort over several years, culminating in the release of AuthorBridge v3 in early 2019. This release helps position AuthorBridge at the forefront of web-based DITA editing tools, albeit there are some additional developments that we need to undertake to round it off. Its initial deployment in production at IBM, following extensive co-operation and testing by the central IBM Information Developer Tools team, serves as a good foundation upon which we can build future sales. Other early stage customers include the Nuclear Regulatory Commission, Intel, Kaplan Professional and Coriolis.

Sales analysis by geographic region

Our customers typically comprise large organisations, and are spread globally. Geographic sales revenues were derived as follows:

Region 2018 2017
UK 5% 2%
Rest of Europe 12% 12%
North America 62% 51%
South America 4% 3%
Asia 17% 32%

North America continues to represent a significant proportion of sales revenues as adoption of the DITA standard has been primarily led by corporations with their headquarters based in the USA. It is anticipated that adoption of the DITA standard will spread internationally over the coming years.

Technical expertise

Our technical team includes leading experts in the development of XML content processing technologies and along with our support services, are very highly regarded by customers.

There is a high level of synergy between our products which results in very efficient integrated development and support activities.

Operations

Stilo operates from offices located in Swindon, UK and Ottawa, Canada. The technical team is based in our Ottawa office.

As at 31 December 2018, there were 18 permanent employees in the Group, complemented by the use of contractors. It is not anticipated that we will be growing headcount significantly, as we look to contain our costs and scale the business through technology sales.

FINANCIAL RESULTS

The results for the year ended 31 December 2018 have been prepared in accordance with the recognition and measurement principles of International Financial Reporting Standards as adopted by the European Union.

In 2018, the results for Stilo show a decrease in EBITDA to £148,000 (2017: £315,000). Post tax profits were £177,000 (2017: £313,000).

Total sales revenues for the year decreased to £1,487,000 (2017: £1,894,000), principally due to an expected reduction in OmniMark-related revenues from one major customer.

The Group continued to benefit from recurring revenue from software maintenance contracts of £816,000 (2017: £930,000) which represents 55% (2017: 49%) of annual sales revenue.

The Group continues to maintain careful control over operating costs. Operating expenses, excluding capitalised development costs, were reduced to £1,358,000 (2017: £1,591,000). This decrease has been driven by a fall in staff costs and favourable currency exchange rates in the current year.

Investment in research and development continued in 2018, with total expenditure for the year of £583,000 (2017: £656,000). As a result of this investment, Stilo continues to benefit from research and development tax credits. Of this expenditure, £213,000 (2017: £213,000) relating to the development of AuthorBridge has been capitalised, and the total accumulated capitalised costs will be depreciated over a 10 year period, commencing in 2019.

There was a cash balance of £1,271,000 as at 31 December 2018 (31 December 2017: £1,621,000), with the reduction being largely due to continued investment in development projects and dividend payments to shareholders. Stilo remains entirely un-geared. This Statement of Financial Position stability provides a sound financial base for the Group and will support continued investment in product development, sales and marketing. Costs will continue to be carefully managed in order to maintain cash reserves at a satisfactory level.

Total trade receivables were £224,000 (2017: £126,000), equating to 55 days (2017: 24 days). Overdue amounts are closely monitored.

The directors monitor the performance of the Group based on the above key performance indicators.

DIVIDENDS

The Board recommends the payment of a final dividend for the year of 0.06 pence per Ordinary Share which, if approved by the shareholders at the AGM on 23 May 2019, will be paid on 30 May 2019 to shareholders on the register on the Record Date of 23 April 2019. The shares will be marked ex-dividend on 18 April 2019. If approved, payment of the final dividend will bring the total dividends paid to shareholders for the year to 0.12 pence per Ordinary Share.

The Board’s policy is to maintain payment of a steady and progressive dividend, well covered and paid subject to maintaining sufficient funds within the business with regard to prudent forecasts of future capital requirements, without the need for debt funding.

OUTLOOK

The long-awaited release of AuthorBridge v3 in 2019 provides for a best-in-class, web authoring tool for the DITA market. However, the DITA market has well-established competitors and it will likely take some time to build significant new revenue streams with customers and technology partners.
In the short term, growth will be primarily driven by sales of Migrate and OptimizeR solutions to new customers and we will be stepping up our sales, marketing and development efforts accordingly. 2019 is going to be a challenging year for the Company, with potential demand, as always, difficult to predict at the current time.

ENQUIRIES

Stilo International plc
Les Burnham, Chief Executive
T +44 1793 441 444

SPARK Advisory Partners Limited (Nominated Adviser)
Neil Baldwin T +44 203 368 3554
Mark Brady  T +44 203 368 3551

SI Capital (Broker)
Nick Emerson
T +44 1483 413500


LavaCon 2019 | October 27-30, Portland, OR

Join us in Portland, Oregon for this year's LavaCon conference!

LavaCon started in Hawaii (hence the name) to give senior content professionals an opportunity to stay ahead of rapidly changing publishing technology and customer demographics. However, LavaCon is more than just a conference. It’s a place where content rockstars gather to share tribal knowledge, network with peers, and build professional relationships that will last for years to come.

This year's conference theme is 'Creating Unified Content Experiences'
We are entering a new era of content consumption where customers expect personalized content. See how leading companies are seamlessly delivering technical, marketing, and AR/VR content to improve the customer experience (and generate revenue in the process).

Visit the conference website for further information and to register.


Helen St. Denis, Conversion Services Manager at Stilo to present at LavaCon 2019

Tuesday, October 29, 2019 | 11:00 - 12:00

Can I Reuse This?

There are a number of things to consider when examining your content for reusable elements. It may seem logical to deduplicate any and all identical elements, but there are times when that might not make sense. Then there are those very close matches. Does that punctuation mark matter? How about the bold text in that warning? Then there’s content that isn’t quite a match, but could it, or should it, be rewritten for reuse?

In this session we’ll look at real-life examples of content being reviewed for possible deduplication and future reuse, and find some unexpected benefits as well as the expected ones. We will also consider some of the other things you can discover when examining your content for reusable elements that can help you improve your content for consistency and reuse purposes.


Stilo announces version 3 of AuthorBridge

Web-based DITA editing for subject matter experts - raising the bar ... again

Stilo announces version 3 of AuthorBridge with a live demo broadcast Jan 29, 2019.

Since its inception, AuthorBridge has provided SMEs with a truly unique guided and fluid authoring experience. Specifically designed for users with no knowledge of DITA or XML, it has helped organizations rapidly roll out DITA authoring to non-ID professionals in marketing, engineering, training and support.

To do this well requires sophisticated DITA content processing 'under the hood' and this is where AuthorBridge excels.

AuthorBridge v3 provides

  • a guidance panel to help SMEs understand what sort of content they are expected to write, and where to put it
  • change tracking for text and structural changes
  • review comments
  • DITA maps presented in a "document" mode with all topic content resolved and editable, and with an outline pane showing the topic hierarchy
  • topics resolved and editable, can be inserted, removed, moved around
  • advanced copy & paste support ensuring appropriate mark-up is applied and valid
  • superior table handling
  • intuitive support for conditions
  • optimized performance for large documents
  • may be customized to support DITA specializations

Watch the webinar recording (registration required) and see first hand why AuthorBridge v3 is the most full-feature, user-friendly DITA authoring tool on the market.

Like what you see?

Sign up for a free 30-day trial.


WEBINAR AuthorBridge v3: web-based DITA editing for SMEs - raising the bar ... again

Broadcast: Tuesday, January 29

View recording (registration required) >>

Web-based authoring tools are improving all the time, but with the upcoming release of AuthorBridge v3, Stilo is setting new standards for ease-of-use and performance for SMEs in DITA authoring environments.

Since its inception, AuthorBridge has provide SMEs with a truly unique guided and fluid authoring experience. Specifically designed for users with no knowledge of DITA or XML, it has helped organizations rapidly roll out DITA authoring to non-ID professionals in marketing, engineering, training and support.

To do this well requires sophisticated DITA content processing ‘under the hood’ and this is where AuthorBridge excels.

AuthorBridge v3 provides

  • a guidance panel to help SMEs understand where they are in the structure
  • change tracking; text and structural, authors can accept or reject
  • DITA map support; topics resolved and editable, can be inserted, removed, moved around
  • advanced copy & paste support; ensuring appropriate mark-up is applied and valid
  • superior table handling; support for <CALS table> for complex table formats
  • optimized performance for large documents

Want to see all this in action?

Join Stilo’s VP of Development, Patrick Baker, for this demonstration of AuthorBridge and see first hand why AuthorBridge v3 is the most full-feature, user-friendly DITA authoring tool on the market.

View recording (registration required) >>