Dillistone Regulatory News (DSG)

14 December 2011

Dillistone Group Plc

("Dillistone" or the "Company")

Technology development update

Dillistone, the AIM quoted supplier of software for the international recruitment industry, is pleased to announce technology updates in both of its subsidiaries.

Dillistone Systems, the executive search software subsidiary of the Company, has launched FileFinder10 in both German and Spanish language versions and launched an innovative FFWebPort module to act as a social media interface. The launch of FileFinder10 in local language versions opens up significant markets in both Europe and Latin America.

Voyager, the broader market subsidiary, has developed and added additional functionality to its software to assist in managing the new Agency Worker Regulations (AWR) which came into force on 1 October 2011.

Further technology update details

Social media has become increasingly important to recruiters, improving reach and market penetration. However it can result in increased workload in managing the volume of candidates.

FFWebPort has been designed to facilitate the seamless integration of web based and social media sourced candidates with FileFinder10.

FFWebPort translates in both directions, agency to social media, and social media to agency, allowing vacancies to be posted to multiple locations and candidates to be imported without significant manual intervention.

Voyager's new AWR functionality supports the compliance function required under the new regulations. The additional burden upon the employers of temporary staff, as a result of these regulations, has led to a concern over compliance cost and employer liability. A Voyager client commented:

"AWR compliance was a great concern to us. We have found the new AWR features in the latest version extremely helpful - especially as it was all included as part of Voyager's support agreement." Sean McKenna - Write Authors

Commenting on the technology advances, Alex James, Director of Product Development at Dillistone, said: "The way in which the recruitment industry communicates with candidates and clients is evolving very fast. Dillistone is constantly investing to keep ahead of those developments and to ensure that its clients are benefitting from the evolving trends as well as opening up our products to further markets, notably the significant German and Spanish markets through the launch of FileFinder in their local languages.

"Dillistone is constantly looking at ways to stay at the forefront of the industry, giving our clients a technological edge is definitely one of those ways."

Contacts:

Mike Love (Chairman) Dillistone Group Plc 020 7749 6100

Jason Starr (CEO) Dillistone Group Plc 020 7749 6100

Tom Cooper/Paul Vann Winningtons Financial PR 020 3176 4722

0797 122 1972

tom.cooper@winningtons.co.uk

Notes to Editors:

Dillistone Group Plc (www.dillistonegroup.com) is a leader in the supply and support of recruitment software. It has two wholly owned subsidiaries: Dillistone Systems, which targets the executive search industry (www.dillistone.com) and Voyager Software which targets other recruitment markets (www.voyage.co.uk). Dillistone was admitted to AIM, a market operated by the London Stock Exchange plc, in June 2006.