REGINA, March 16, 2015 /CNW/
- Information Services Corporation (TSX:ISV) ("ISC" or the
"Company"), announced that, by mutual agreement between the Company
and OneMove Technologies Inc., OneMove Online Systems Inc. and
related parties, (collectively "OneMove"), the sale by OneMove and
purchase by ISC of the econveyance™ business, as previously
announced, is not proceeding. Consistent with this, OneMove and the
Company have signed a mutual release and termination
agreement.
About ISC
ISC is an experienced provider of registry and information
services for government, individuals and private sector
business. As the exclusive provider of the land titles,
surveys, personal property and corporate registries for
Saskatchewan, the Company
maintains and operates these registries, which are key supporters
of economic activity in the province.
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking information within
the meaning of applicable Canadian securities legislation. All
statements other than statements of historical fact are
forward-looking statements. 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. Although
ISC believes the forward-looking information contained in this
release is based upon reasonable assumptions, readers are cautioned
not to place undue reliance on forward-looking information as it is
inherently uncertain and no assurance can be given that the
expectations reflected in such information will prove to be
correct. Many factors and risks could cause our actual results to
differ materially from those expressed or implied by
forward-looking information including those detailed in ISC's
Annual Information Form, dated March 19,
2014, ISC's unaudited condensed Consolidated Financial
Statements and Notes and Management's Discussion and Analysis for
the quarter ended September 30, 2014
as well as other documents filed by ISC with Canadian securities
regulators through SEDAR (www.sedar.com) from time to time.
Investors and others should carefully consider the above-noted
factors and risks and other uncertainties and potential events. 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.
SOURCE Information Services Corporation