ISC’s Technology Solutions Segment Wins Liechtenstein Contract to Deliver a Digital Commercial Registry System
November 28 2024 - 6:00AM
Information Services Corporation (TSX:ISV) (“ISC” or the “Company”)
is pleased to announce a new contract win. Through its wholly owned
subsidiary, Enterprise Registry Solutions Limited, the Company has
signed an agreement with the Principality of Liechtenstein (the
“Principality”) to deliver a digital commercial registry system.
The total value of the contract is CHF$6.2 million (approximately
CA$10.0 million) and is for a period of 5 years.
The contract—which includes the deployment of an end-to-end
digital solution for the Principality’s eHandelsregister—will be
powered by ISC’s flexible and scalable RegSys platform. This system
will enable government personnel to streamline workflows, provide
efficient and accessible services to businesses, and individuals,
and support the Principality’s commitment to digital
transformation. RegSys will provide a suite of integrated features
that support filing submissions, registry searches, and document
retrieval, all delivered through a secure and intuitive customer
portal designed for accessibility across all devices.
“With over two decades of experience delivering innovative and
secure registry solutions internationally, we are well-positioned
to support the Principality’s digital transformation as a trusted
partner,” says Shawn Peters, President and CEO of ISC. “This
project reflects our dedication to providing tailored registry
solutions that enhance efficiency, improve the user experience and
deliver lasting value to our customers and clients around the
world.”
Utilizing the RegSys platform, ISC’s Technology Solutions
segment has successfully implemented and supported corporate
registries across three continents, including implementations in
Ireland, Guernsey, Jersey, Cyprus, the Dutch Caribbean, and at
various levels of government in Canada, among others. For sales
inquiries or to request a product demonstration of the RegSys
platform, please email us at contact@isc.ca.
See how ISC’s three lines of business are growing the registry
operations, technology solutions and information services
landscape: https://company.isc.ca/what-we-do.
About ISCHeadquartered in
Canada, ISC is a 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 Operations, Services and Technology Solutions 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 InformationThis news release contains
forward-looking information within the meaning of applicable
Canadian securities laws including, without limitation, statements
related to the term of the Agreement between ISC and the
Principality of Liechtenstein and anticipated benefits and the
economic resiliency of contract terms. 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 changes in economic, market and business conditions,
implementation within the time specified and at the expected cost,
changes in technology and customers’ demands and expectations,
termination risks and other risks detailed from time to time in the
filings made by the Company including those detailed in ISC’s
Annual Information Form for the year ended December 31, 2023 and
ISC’s unaudited Condensed Consolidated Interim Financial Statements
and Notes and Management’s Discussion and Analysis for the third
quarter and nine months ended September 30, 2024, copies of which
are filed on SEDAR+ at www.sedarplus.ca.
The forward-looking information in this release
is made as of the date hereof and, except as required under
applicable securities laws, ISC assumes no obligation to update or
revise such information to reflect new events or circumstances.
Investor Contact
Jonathan HackshawSenior Director, Investor Relations &
Capital MarketsToll Free: 1-855-341-8363 in North America or
1-306-798-1137investor.relations@isc.ca
Media Contact
Jodi BosnjakExternal Communications SpecialistToll Free:
1-855-341-8363 in North America or
1-306-798-1137corp.communications@isc.ca
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