ISC is pleased to announce that its Technology Solutions segment has signed a five-year agreement with the Principality of Liechtenstein to deliver a new digital commercial registry system. The total value of the contract is CHF$6.2 million (approximately CA$10.0 million).
Delivered through ISC’s RegSys platform, the solution will power Liechtenstein’s eHandelsregister with integrated features for registry submissions, searches and document access. The system is designed to simplify workflows for government personnel and provide secure, user-friendly services to businesses and individuals.
ISC has deployed RegSys across multiple jurisdictions, including Ireland, Guernsey, Jersey, Cyprus, the Dutch Caribbean and Canada.
Cautionary Note Regarding Forward-Looking Information
This 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.