| 02 Feburary 2007 |
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From an analytics perspective, in January we signed a definitive joint venture agreement in Chennai, India, which will allow us to create a new "D&B PSAPL". We expect to close this deal this month.
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The joint venture is with our Indian partner company DBSAME (D&B South Asia Middle East), which has conducted analytics work for us and our customers in a number of markets over the past two years.
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We believe this latest joint venture will provide a number of important benefits:
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| First, it expands our ability to provide analytic solutions to our customers, around the world. Today, we are too constrained by resources mostly resident in the US.
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| Second, DBSAME is an experienced partner who knows us, knows our data, and has developed a successful working relationship with us in recent years.
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| And third, DBSAME brings sophisticated software, tools and advanced modeling rigor, offering a strong complement to the analytics expertise that our US team brings to the table. |
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Extracted from speech (Mr.Steve W Alesio, Chairman & CEO of D&B Corporation).
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D&B Fourth Quarter 2006 Teleconference Prepared Remarks |
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