Information Services Corporation

Information Services Corporation

July 11, 2016 11:00 ET

ISC Launches New Corporate Registry System

REGINA, SASKATCHEWAN--(Marketwired - July 11, 2016) - Information Services Corporation ("ISC") announced today the launch of its new online application for the Corporate Registry system, providing a more convenient service to search, register and maintain corporate entities in Saskatchewan.

ISC's new Corporate Registry system will have many new benefits for users with the online features, including:

  • Submit virtually all filings online with many submissions registering immediately.
  • Complete filings more quickly, with the system automatically checking for required and valid information.
  • Fast completion of corporate searches and delivery of profile reports or other documents.
  • Immediate access to digitally verified documents and certificates.
  • Ability to register new businesses with Saskatchewan's Workers' Compensation Board and Ministry of Finance for Provincial Sales Tax, register new businesses extra-provincially in Alberta or British Columbia, and check business name availability before submitting name reservation.
  • Enhanced account management features, including a single ISC account for users, across all Registries managed by ISC.

"ISC is committed to offering a streamlined customer experience for users of our Corporate Registry," said Ken Budzak, Vice President, Operations & Customer Experience. "The new system will make it faster, easier and more convenient for users to complete and submit filings, and access information they need. We tested the new system with customer groups and have already received positive feedback."

In addition to implementing the new system, ISC worked together with the Saskatchewan Ministry of Justice to secure the following policy and regulatory changes:

  • Simplifying fees to make them more consistent across entity types while recognizing the separation between for-profit and not-for-profit.
  • Enabling notices from the Registry to be delivered by email electronically, rather than by mail, with a few specific exceptions.
  • Making the process and requirements more consistent between entity types, where supported by legislation.
  • Ensuring that all requirements for submissions are met prior to final online filing.

In 2015, ISC processed over 450,000 Corporate Registry transactions. For further information on the new Corporate Registry system visit www.isc.ca/corporateregistry.

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, including management's expectations and certain assumptions with respect to the registry services and products, its competitive landscape, transaction volumes, customer growth and diversification, dividend expectations, creation of shareholder value, growth opportunities, capital and operating expectations, steady growth of active business entities, and our level of customer service, as well as goodwill and intangibles are material factors in preparing forward-looking statements. In addition, the words "may", "will", "would", "should", "could", "expect", "plan", "intend", "trend", "indicate", "anticipate", "believe", "estimate", "predict", "project", "targets", "strive", "strategy", "continue", "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases are intended to identify 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 15, 2016, ISC's Consolidated Financial Statements and Notes and Management's Discussion and Analysis for the year ended March 31, 2016 as well as other documents filed by ISC with Canadian securities regulators through SEDAR at 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.

Contact Information

  • Information Services Corporation
    Shea Haverstock
    Manager, Corporate Communications
    306-787-1343
    shea.haverstock@isc.ca