United States

Profile: Daily Journal Corp (DJCO.O)

DJCO.O on Consolidated Issue listed on NASDAQ Capital Market

2 Dec 2016
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Daily Journal Corporation, incorporated on January 26, 1987, publishes newspapers and Websites covering California and Arizona, as well as the California Lawyer magazine, and produces information services. The Company also serves as a newspaper representative in public notice advertising. The Company operates its business through two segments: the Traditional Business, which is engaged in the business of newspaper and magazine publishing and related services and Journal Technologies, which include the combined operations of Sustain Technologies, Inc. (Sustain), New Dawn Technologies, Inc. (New Dawn), and ISD Technologies, Inc. (ISD).

The Traditional Business

The Traditional Business segment publishes 10 newspapers of general circulation. The Los Angeles Daily Journal and the San Francisco Daily Journal, collectively known as The Daily Journals, contain the Daily Appellate Report, which provides the text and case summaries of all opinions certified for publication by the California Supreme Court, the California Courts of Appeal, the United States Supreme Court, the United States Court of Appeals for the Ninth Circuit, the United States Bankruptcy Appellate Panel for the Ninth Circuit, the State Bar Court and selected opinions of the United States District Courts in California and the Federal Circuit Court of Appeals. The Daily Journals also include a monthly court directory in booklet form. The Company publishes the California Directory of Attorneys (the Directory), which is updated and published semi-annually, in January and July. The Directory includes in a single volume names, addresses, fax and telephone numbers of California lawyers and many informational sections, including listings of corporate counsel, private judges, arbitrators and mediators, and federal and state courts and Governmental offices. The Daily Commerce, based in Los Angeles, covers news of general interest and covers items designed to serve real estate investors and brokers, particularly those interested in Southern California distressed properties. The features of the paper include default listings and probate estate sales. The Daily Commerce carries both public notice and commercial advertising, and is published in the afternoon each business day.

The Daily Recorder, based in Sacramento, is published each business day. In addition to general news items, it focuses on the Sacramento legal and real estate communities and on California state Government and activities ancillary to it. The Daily Recorder is news about Government leaders and lobbyists, as well as the Daily Appellate Report for those who request it. The Inter-City Express (the Express) covers general news of local interest and focuses its coverage on news about the real estate and legal communities in the Oakland/San Francisco area. The Express is published each business day. The San Jose Post-Record (the Post-Record) is published each business day. In addition to general news of local interest, the Post-Record also focuses on legal and real estate news, and carries commercial and public notice advertising.

The Orange County Reporter (Orange Reporter) is published three days a week and is an adjudicated newspaper. In addition to general news of local interest, the Orange Reporter reports local and state legal, business and real estate news, and carries public notice advertising. The San Diego Commerce is a thrice-weekly newspaper, which carries general news of local interest and public notice advertising. The San Diego Commerce also serves legal and real estate professionals in San Diego County. The Business Journal publishes news of general interest and provides coverage of the business and professional communities in Riverside County. It also carries public notice advertising and is published each business day. The Record Reporter covers general news of local interest. It is published three days a week and focuses on legal news and public record information. The Record Reporter carries public notice advertising. The Company also publishes the California Lawyer, a legal affairs magazine, which is either mailed or provided in a digital version free to active members of the State Bar and other paid subscribers. The Company also provides specialized information services in response to a desire for such services primarily from its newspaper subscribers.

The Company’s court rules services include Court Rules, a multi-volume, loose-leaf set. Court Rules reproduces court rules for certain state and federal courts in California. The Court Rules appear in two versions, one of which covers Northern California courts (nine volumes) and one of which covers Southern California courts (eight volumes). The Company updates Court Rules on a monthly basis. The Company publishes a single volume of rules known as Local Rules for counties of California, which include a single bound volume for the rules of Los Angeles County, Orange County, San Diego County, San Bernardino County, Riverside County and Ventura, Santa Barbara and San Luis Obispo counties. The Company also publishes single-volume rules for the Federal District Court in the Central District of California and California Probate Rules. In Northern California, three versions of the Local Rules appear in loose-leaf books for Santa Clara/San Mateo, Alameda/Contra Costa and San Francisco counties. The single volumes are updated or replaced whenever there are substantial rule changes.

The Judicial Profiles services contain information concerning nearly active and retired judges in California. The Judicial Profiles include biographical data and financial disclosure statements on judges and information supplied by each judge regarding the judge's policies and views on various trial and appellate procedures and the manner in which appearances are conducted in his or her courtroom. Subscribers may purchase either the ten-volume set for Southern California or the eight-volume set for Northern California.

The Company also provides online foreclosure information to about 40 customers. This service provides distressed property information. Its publications also carry commercial advertising. Commercial advertising consists of display and classified advertising.

Government agencies use the Company’s Internet-based advertising system to produce and send their notices to the Company. A fictitious business name Web site enables individuals to send their statements to the Company for filing and publication, and another Web site enables attorneys and individuals to send probate, civil, corporate, public sale and other types of public notices to the Company. California Newspaper Service Bureau (CNSB), a division of the Company, is a statewide newspaper representative (commission-earning selling agent) specializing in public notice advertising. CNSB places public notices and other forms of advertising with adjudicated newspapers of general circulation.

Journal Technologies

The Journal Technologies segment supplies case management software systems and related products to courts and other justice agencies. These include administrative law organizations, county Governments and bar associations.

Journal Technologies products include eCourt, which is a Web-based case processing system that can be used by courts and other justice agencies for all case types because its screens, data elements, business rules, work queues, searches and alerts are configurable. Journal Technologies also supports its prior generation Justice Edition software, which is a Windows-based system that also provides for customizable configurability. JustWare is a family of case management software products for use by courts and other justice agencies. JustWare provides a case management system that includes business rules to automate tasks, document and report generation, digital signatures and shortcuts to data input. Journal Technologies also licenses its JusticeWeb public access software, which allows the public to view certain case information, provides a means to create permission-based access for sensitive data, allows pro se litigants and attorneys to e-file documents and includes a way for case participants to make payments online.

ICMS is a court case management system, which is a part of the ISD assets. Journal Technologies also licenses its CASE, which is an automated probation case management system, including juvenile hall detention management features. eFile is a browser-based interface that allows attorneys and the general public to electronically file documents with the court from a personal computer using the Internet at any time. ePayIt is a service for the online payment of traffic citations. The Users can pay traffic citations using the Internet at any time with a credit card, and can obtain traffic school and other information.

Company Address

Daily Journal Corp

915 E 1st St
LOS ANGELES   CA   90012-4050
P: +1213.2295300
F: +1213.2295481

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