ERS to Deliver New Registry Technology for Nova Scotia Registry of Joint Stock Companies

REGINA, Saskatchewan, March 01, 2018 -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today announced that its wholly owned subsidiary, Enterprise Registry Solutions Ltd. (“ERS”), has signed an agreement with the Province of Nova Scotia (the “Province”) to replace the current technology supporting the Nova Scotia Registry of Joint Stock Companies with the RegSys platform.   The total value of the contract is approximately $7.1 million and is for a period of 10 years. 

Jeff Stusek, President & CEO of ISC commented, “We are extremely pleased to partner with the Province of Nova Scotia.  We acquired ERS in January 2017 to better position ourselves to offer exceptional registry technology solutions to our current and future clients.  I expect this to be the first of many new business opportunities as we continue to expand our portfolio of services and solutions to help governments and private sector organizations improve the delivery of their registry services.”

The Nova Scotia Registry of Joint Stock Companies maintains significant public information about the Province's business community.  Once the implementation of RegSys is complete in 2019, customers will benefit from an enhanced experience while employees will realize improved workflows and processes as a result of the advanced back office capabilities of RegSys. 

RegSys is a multi-registry 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 registries including intellectual property, securities, licenses, charities, UCC and pension schemes.

For sales inquiries or to a request a product demonstration of the RegSys platform, please visit www.ersl.ie or contact one of the following:

Dennis White
Vice President, Marketing & Business Development
ISC
[email protected]
+1-306-787-0969

John Murray
Director, Business Development & Delivery
ERS
[email protected]
+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 Registries 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
[email protected]

Pamela Keck
Manager, Investor Relations
Toll Free:  1-855-341-8363 in North America or 1-306-798-1137
[email protected]