WEBINAR | Converting RoboHelp Content to DITA XML

Wed, July 29, 2020 @ 11:00 AM EST

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Our Presenter:

Helen St. Denis | Conversion Services Manager

RoboHelp projects are typically quite large. Too large for manual conversion to be feasible. But there’s also generally a lot more to your RoboHelp content than just the text. What about build tags, for example, for multi-channel publishing? Can your folder structure be maintained? What about snippets, can we retain the reuse there? These are the sorts of questions we are frequently asked. We’ll show you how we answer these and more.

Don’t worry if you can’t make the scheduled time, we’ll be sharing the recording with everyone who registers following the live broadcast.


WEBINAR | Converting FrameMaker Documents To Good, Usable DITA

Wed, June 17, 2020 @ 11:00 AM EST

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Our Presenter:

Helen St. Denis | Conversion Services Manager

Whether your legacy content is in structured or unstructured FrameMaker, there’s a lot more to this content than just the words on the page. You may have conditional text, variables, or text insets, that allow you to reuse content. You may have index terms, cross references and footnotes. You want to be able to retain the usefulness of these features, and even to enrich the content in other ways, as part of your conversion process, rather than after the fact. We’ll show you how you can do just that with Stilo Migrate.

Don’t worry if you can’t make the scheduled time, we’ll be sharing the recording with everyone who registers following the live broadcast.


WEBINAR | DITA Authoring Made Easy

Wed, June 3, 2020 @ 11:00 AM EST

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Our Presenter:

Patrick Baker | VP, Development & Professional Services

Webinar Description:

You are using DITA for your technical documentation and would like to streamline the involvement of your subject matter experts with regards to content creation and verification. Unfortunately, DITA makes this a challenge in many ways. It is topic-based and requires maps to pull topics into documents. It has ways of conditionalizing content to support document variants, and it pulls content from shared libraries to minimize duplication. These are all great features, but can be confusing for the SME. In this webinar, we’ll show you how AuthorBridge helps SMEs cope with this complexity, and makes the authoring experience more straightforward. We’ll also demonstrate features such as review comments and change tracking, which support collaborating with SMEs.

Don’t worry if you can’t make the scheduled time, we’ll be sharing the recording with everyone who registers following the live broadcast.


WEBINAR | Converting Word to DITA XML

Wed, April 8, 2020 @ 11:00 AM EST

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Our Presenter:

Helen St. Denis | Conversion Services Manager, Stilo

Webinar Description:

One of the things authors love about Microsoft Word is that it’s easy to make your content look just the way you want it. This does not always lend itself to a straightforward conversion to XML. We’ll show you how we leverage the visual cues in the document to discern the implicit structure of the content, so that you can derive good, useful DITA.

Don’t worry if you can’t make the scheduled time, we’ll be sharing the recording with everyone who registers following the live broadcast.


WEBINAR | Converting Complex Table Structures to DITA XML

Wed, Feb 19, 2020 @ 11:00 AM EST

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Our Presenters:

Helen St. Denis | Conversion Services Manager, Stilo

Webinar Description:

Converting tables to XML can be a challenge. We use tables to represent tabular information, sometimes in a complex way. But we also sometimes use them to lay out content on a page in a way that makes it easier for the reader to understand the purpose of the content. So while we often need to convert complex tables with merged cells, we also often need to convert the tables to something completely different, while still preserving the context that conveys part of the meaning of the words. Fortunately we can do these types of conversions automatically, using Stilo’s Migrate.

Don’t worry if you can’t make the scheduled time, we’ll be sharing the recording with everyone who registers following the live broadcast.


Unaudited interim results for six months ended 30 June 2019

23 August 2019

STILO INTERNATIONAL PLC

Stilo International plc (“Stilo”, the “Group” or the “Company”) today announces its unaudited Interim Results for the six months ended 30 June 2019. The Company provides 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.

FINANCIAL HIGHLIGHTS

  • Reduction in sales revenues to £638,000 (2018: £707,000)
  • Operating costs remain level £656,000 (2018: £657,000), excluding capitalised development costs for AuthorBridge of £110,000 (2018: £99,000)
  • Loss before tax for the period of £29,000 (2018: £42,000 profit)
  • Total comprehensive income for the period remained positive at £14,000 (2018: £5,000) subsequent to favourable foreign currency translation differences
  • Cash of £1,096,000 as at 30 June 2019 (2018: £1,442,000)
  • No interim dividend declared

BUSINESS HIGHLIGHTS

  • Migrate customers for the period include Mastercard, ARRIS/CommScope, Applied Materials, Visa, GE Healthcare and Deltek.
  • AuthorBridge customers in the US include IBM, Kaplan Professional Education and the Nuclear Regulatory Commission. A major release of AuthorBridge shipped in June 2019 and it is not expected to further capitalise AuthorBridge development costs beyond this date.
  • OmniMark sales include European Parliament, Qantas and Embraer.

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

In our Trading Update of 23 May 2019 we indicated that sales were slower than planned and that a loss was expected for the half-year period.

We are currently expecting trading to continue slowly for the remainder of 2019 and need to take measures to reduce our operating costs wherever possible. Of primary importance is the proposal to de-list from AIM and re-register as a private limited company, subject to shareholders’ approval. This is the subject of an associated announcement issued immediately following the release of these interim results and is expected to generate potential annualised cost savings of over £120,000. Additional cost-reduction activities include organisational and management changes that are currently underway.

The Company continues to develop high-quality software tools used by leading organisations around the world. With a reduced cost base and increased sales to be driven by the recruitment to the newly created role of VP Sales & Marketing, it is our intention to generate steady ongoing profits and resume the payment of dividends to shareholders as soon as possible.

Download a PDF of the 2019 Interim Results, including the Group Income Statement.

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


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


Stilo partners with Transperfect to deliver EnCompass Rapid Prototyping Program for MDR & IVDR Content Compliance

TransPerfect Announces EnCompass Rapid Prototyping Program for MDR & IVDR Content Compliance

Partners with XML Content Conversion Specialist Stilo and Leading Information Consultant Mekon to Deliver 50% Labeling Cost Reduction and 100% Content Compliance

TransPerfect Medical Device Solutions, the world’s largest provider of language services and process automation technology to the medical device industry, today announced the introduction of its new EnCompass Rapid Prototyping Program. Specifically designed to demonstrate the benefits of XML content management and process automation (including AI-Assist™), the EnCompass Prototype Program provides manufacturers with a working model of MDR and IVDR content compliance and cost savings.

Great Partners Make Great Solutions
The Rapid Prototyping Program combines validated content management technology from Astoria Software, process automation technology from TransPerfect,  critical conversion technology from Stilo and information development services from leading consultant Mekon.

Said Mekon CEO Julian Murfitt, “Our 25 years of expertise with information architecture and automated publishing provides an important benefit for device makers looking to address increased content requirements of MDR and IVDR.”

Added Stilo CEO  Les Burnham, “Automated content conversion services are especially important as manufacturers migrate to XML-based systems to support the increased volumes and throughput associated with MDR and IVDR.”

A Cure for the MDR & IVDR Headache
With only 18 months left before full implementation, the EU’s new MDR and IVDR are a source of stress and concern for global device makers. The new regulations span a number of operational areas and, according to industry consultant, Qserve, will increase both the volume and velocity of content that device makers must manage.

The EnCompass Rapid Prototyping Program provides a low-cost, low-risk approach for device makers to test the benefits of XML content management, automated publication, and translation process automation, (including AI processes) for critical device content: IFUs, software UI, websites, e-learning, clinical data, etc.

According to Marc Miller, Division President of TransPerfect Medical Device Solutions, “Faced with substantially increased content volumes due to MDR and IVDR, structured content and automation technologies are emerging as the key components for an effective compliance strategy.”

About TransPerfect Medical Device Solutions & Astoria Software
TransPerfect Medical Device Solutions is the specialized medical device division of TransPerfect, the world's largest provider of language services and process automation technology. From offices in more than 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages to clients worldwide. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified across all offices. The Medical Device Solutions group is further certified to ISO 13485 and ISO 14971.

Astoria Software is an award-winning solution for enterprise content management and a division of TransPerfect. Astoria delivers the most comprehensive on-demand solution for building, managing, and assembling DITA/XML content to satisfy documentation requirements in the software, hardware, medical device, and other discreet manufacturing sectors.


Trading Update

26 July 2018                            

Stilo International plc (“Stilo” or the “Company”) today provides a trading update following its half year end on 30 June 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, re-used, translated and published to multiple print and digital channels. 

In the Company’s AGM statement of 23 May 2018 we indicated that results for year ended 31 December 2018 would likely be impacted because of the non-repeatability of two significant contracts that were received in 2017. Unfortunately, during the first six months of 2018 the Company has not made the sales breakthroughs required to compensate for the orders shortfall and the Board can now confirm that the Company expects to report a near break-even position for the six month period ended 30 June. 

Current indications are that this position is likely to continue for the second half of 2018, as the Company looks to build the sales pipeline. In the meantime, given our strong balance sheet, the Board intends to continue to make significant investments in R&D and expects to announce the payment of an interim dividend when the interim results are published in late August.

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


Stilo introduces new content optimization service—DITA OptimizeR

Stilo International is pleased to announce the availability of a new content optimization service—DITA OptimizeR—that can automatically identify reuse potential across your DITA content, deduplicate topics and update your maps and conref files.

Whether you are embarking on the conversion of your content to DITA for the first time, or have existing DITA content that you would like to evaluate for additional reuse opportunities, then Stilo's DITA OptimizeR can help!

Maximizing content reuse
Content reuse is a fundamental benefit of DITA adoption, providing huge efficiency gains to authoring teams and helping to ensure the consistency of published information across an enterprise.

However, identifying potential reuse opportunities and implementing reuse strategies can be a painstaking and laborious process. As an increasing volume of content is authored in DITA across authoring teams, then invariably more content is replicated over a period of time. Keeping your content optimized for potential reuse should form part of any successful DITA implementation strategy.

With DITA OptimizeR you can

  • Significantly reduce the amount of content that needs to be maintained on an ongoing basis
  • Generate more focussed and rapid search engine results for customer queries
  • Publish more accurate and normalized content, especially important in potentially hazardous and highly regulated environments

Try DITA OptimizeR for free!
We offer a free trial analysis with OptimizeR - simply send us a small sample set of your DITA content, and we will review the results with you. And if you don't yet have your content in DITA, no problem - you can take advantage of our free conversion offer with Migrate.

Find out more and upload sample for free analysis