Dana Corporation Honored
29 June 1998
Dana Corporation Honored as One of Nation's 10 Most Technologically Innovative CompaniesTOLEDO, Ohio, June 29 -- Dana Corporation has been named one of America's 10 most technologically innovative companies, according to a listing published in the June 17, 1998, edition of PC Week, a national information-technology news weekly. Dana placed ninth on a list of 500 companies noted for technological innovation. According to PC Week Editor in Chief Eric Lundquist, the companies were ranked on the basis of how successfully they are using the Internet, intranets, and extranets in their businesses. "We are honored by this recognition," said Gary Corrigan, Dana's director of Corporate Communications. "Frequent and thorough communication is at the heart of Dana's corporate culture. And as technology advances, we must continue to embrace it to more effectively communicate with our global audiences." To identify the "Fast Track 500" companies, PC Week collaborated with ZD Market Intelligence, a computer and communication industry resource. Together, they developed a methodology that uses specific Internet technologies as indicators to rank the most innovative companies. Indicators included items such as intranet penetration, intranet access to data warehouse or operational systems, and deployment of electronic commerce applications. "The 'Fast Track 500' pinpoints those leading-edge companies that are using the Internet both strategically and tactically," said Stan Schatt, Ph.D., vice president of research for ZD Market Intelligence. "These companies are a technologically elite group that is using Internet technology to solve real business problems." Dana Corporation is a global leader in the engineering, manufacture, and distribution of products and services for the automotive, engine, heavy truck, off-highway, industrial, and leasing markets. Founded in 1904 and based in Toledo, Ohio, Dana operates facilities in 30 countries and employs more than 50,000 people. The company reported record sales of $8.3 billion in 1997. The Internet address for Dana's home page is http://www.dana.com.