 06/22/01 DMIND Corporation Announces Licensing Agreement with Doosan Corporation
NEW YORK — (June 22, 2001) — DMIND Corporation, a leading provider of eBusiness software and solutions today announced an enterprise-wide licensing agreement with Doosan Corporation, Korea's oldest and first-registered company. The agreement covers multiple licenses of DMIND's content management and application-integration software platform, nGia, allowing Doosan to provision eBusiness solutions for its affiliated companies in Korea. Founded in 1896, Doosan is currently Korea's eleventh-largest conglomerate, conducting business in such sectors as heavy industry, construction, electronics, publishing, trading, brewing and hard liquors (Soju).
"This agreement with DMIND is in line with Doosan's continued focus on profitability and productivity. Doosan's restructuring efforts during the past five years drastically improved our financial structure and we believe implementing DMIND's solution will bring yet another enhancement to our operational performance and efficiency related to Internet businesses," said Doosan's CIO, Dr. Chang Keun Chung.
nGia features easy-to-use content management capabilities for Web enabling and managing external data in any language. It allows rapid creation, provisioning and management of application and content services through the Web and is the first fully componentized, XML-native application of its kind.
"Doosan's investment in DMIND's software is further endorsement of our strength as an eBusiness solutions provider-not just our next-generation application, nGia, but our entire eBusiness strategy. Coming on the heels of our other successes, we could not be more pleased," said DMIND CEO, Thomas Kwon.
About Doosan Corporation
Along with its affiliated companies, Doosan Corporation's year 2000 revenue exceeded US
$5 billion. Among its portfolio businesses, Doosan electronics is the #1 provider of circuit boards in Korea, with 95 percent of the market. Doosan trading's main focus is in industrial processing machines, food processors, Burger King and Polo/Ralph Lauren.
A significant portion of Doosan's success can be attributed to its ability to attract and leverage globally recognized alliance partners. Currently, Doosan has alliance relationships with several prominent multinational companies, including Interbrew, Conde Nast, Burger King and Nestle. The company is listed on the Korean Stock Exchange under the stock ticker 00150.Visit http://www.doosancorp.co.kr for more information.
About DMIND Corporation
Founded in early 1996 by Tom Kwon, CEO and Chairman, and Ron B. Cagenello, Ph.D., DMIND is one of New York City's early "Silicon Alley" settlers. The company, which now employs in excess of 80 people, works with a number of clients across a broad range of industries including Akamai, Amerada Hess, American International Group, The American Advertising Federation, The American Marketing Association, BondConnect, BroadSoft, Fidelity Investments, Mitsui & Company, NTT, Intira Corporation, Lucent Technologies, and the White House, among others.
The company's offerings include a unique blend of strategic insight, proprietary technology, creative implementation and products to provide complete Web solutions, empowering technical and non-technical individuals to dynamically create, deploy and manage Web applications and related assets.
DMIND is an active member of a number of associations and organizations across many of its key target industries, including the American Advertising Federation, American Business Media, Business Marketing Association, International Advertising Association, American Marketing Association, Association of Asian American Advertising Agencies, New York New Media Association and New York Software Industry Association.
For more information, visit www.dmind.com.
Contact:
Michael Ambrosio
DMIND Corporation
212-487-7400 x 237
mambrosi@dmind.com
Bong Keun Seo
Doosan Corporation
82-2-3398-1084
bongkeun@doosan.com
[ BACK TO News ]
|
 |
|
Copyright © 2002 DMIND Corporation
