REGINA, Saskatchewan , March 07, 2018 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) is pleased to announce that its wholly owned Irish subsidiary, Enterprise Registry Solutions Ltd. (“ERS”), has signed an agreement with the Companies Registry Office (“CRO”) in Ireland to replace and support all of its registry systems with the RegSys platform.
Jeff Stusek, President & CEO of ISC commented, “When we acquired ERS in January 2017, we did so because we anticipate that the market for registry opportunities will continue to expand. This, along with last week’s announcement regarding our agreement with the Province of Nova Scotia demonstrates not only that the market is developing but also the strength of the RegSys platform. The Companies Registry Office in Ireland has elected to continue its long-standing relationship with us and we value their confidence in the ERS team and the RegSys solution.”
The CRO is the central repository of public statutory information on Irish companies and business names and has been a client of ERS since 2002. Once the implementation of RegSys is completed towards the end of 2019, CRO customers will benefit from an enhanced customer experience while CRO employees will realize improved workflows and processes as a result of RegSys’ advanced back office capabilities.
RegSys is a multi-register platform that delivers the flexibility, scalability and features that enable public sector organizations to deliver enhanced services to businesses and citizens. With a full suite of integrated modules which provide core functionality for submission, enforcement and enquiry processing, RegSys delivers solutions enabling the provision of core services to citizens in a user friendly, efficient manner across multiple access points. The RegSys solution has also been used to manage other legal registers such as intellectual property, securities, licenses, charities, UCC and pension schemes.
For sales inquiries or to a request product demonstration of the RegSys platform, please visit www.ersl.ie or contact:
Dennis White
Vice President, Marketing & Business Development
ISC
Dennis.white@isc.ca
+1-306-787-0969
John Murray
Director, Business Development & Delivery
ERS
jmm@ersl.ie
+353-1-7917830
About ISC
Headquartered in Canada, ISC is the leading provider of registry and information management services for public data and records. Throughout our history we have delivered value to our clients by providing solutions to manage, secure and administer information through our Registry and Services segments. ISC is focused on sustaining its core business while pursuing new growth opportunities. The Class A Shares of ISC trade on the Toronto Stock Exchange under the symbol ISV.
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information within the meaning of applicable Canadian securities legislation, including statements related to business opportunities, growth, implementation and anticipated benefits. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to identification of viable business opportunities, changes in economic, market and business conditions, competition, implementation within the time specified and at the expected cost, changes in technology and customer demands and expectations, termination and other risks detailed from time to time in the filings made by the Company including those detailed in ISC’s Annual Information Form dated March 14, 2017 and ISC’s Unaudited Consolidated Interim Financial Statements and Notes and Management’s Discussion and Analysis for the third quarter ended September 30, 2017, copies of which are filed on SEDAR at www.sedar.com.
The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, ISC assumes no obligation to update or revise such information to reflect new events or circumstances.
Investor Contacts
Jonathan Hackshaw
Director, Investor Relations & Corporate Communications
306-798-2136
investor.relations@isc.ca
Pamela Keck
Manager, Investor Relations
Toll Free: 1-855-341-8363 in North America or 1-306-798-1137
investor.relations@isc.ca