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RSI Continues Accelerated Growth During 2013


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2013-12-09 19:13:08 -

North Vancouver, British Columbia CANADA, December 09, 2013 /FSC/ - RSI International Systems Inc. (RSY - TSX Venture), ("RSI"), is pleased to announce that the corporate growth of the company is continuing at a fast pace and has set new records in sales and revenues during the year.

Some highlights for this year are;

* Year to date, as of September 30, RSI added a total of 91 new properties as compared to 79 in all of 2012 which represents approximately $2 million in long term contract revenue (based on 36 month contract).

* The new sales pipeline is currently at record levels and has actually increased from the beginning of the year.

* RSI's investment in sales & marketing

such as trade shows and online marketing continue to generate positive returns.

* The Magnuson partnership announced last May is gaining traction and there is a marketing campaign planned for the first quarter of 2014

* RSI has truly gone international with clients now in Australia, South-East Asia, Caribbean, Central America, Japan, Greece, etc.

* RSI is receiving more inquiries globally from multi-property companies than ever before.

* New interface/ partnerships were completed with Trip Connect and Siteminder

Q3 highlights ending September 2013 with comparisons to Q3 2012;

* Gross revenues of over $827, 000 as compared to $583,000 for Q3 2012.

* Expenses increased by 22%

* Resulting net profit of over $66,000 compared to a loss of over $29,000 Q3 2012.

* EBITDA was over $119,000 compared to just over $15,000 for Q3 2012.

* Q3 2013 produced the best quarter in RSI's history for new sales

For a more in-depth review of RSI's Q3 financials and Management Discussion & Analysis please visit www.sedar.com

About RSI International Inc.

RSI International Inc. is the developer of RoomKey(tm) - the only web-based Property Management System (PMS) that incorporates a fully integrated Online Reservation Booking engine and seamless real-time connectivity to the major Global Distribution and Internet Distribution Systems. RSI markets RoomKey(tm) PMS and a number of other proprietary "hosted" software solutions to a wide variety of Hospitality Industry clients around the world.


On behalf of the board,
Charles Ku, President, CEO

RSI International Systems Inc.
1-800-234-5695

For further information call:
Mr. Ron Baldwin, Director/Officer
1-604-914-3721

This Media Release may contain forward-looking statements, which reflect the Corporation's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual events could differ from those projected herein and depend on a number of factors including the success of the Corporation's sales strategies.

To view the press release as a PDF file, please click on the following link:
www.usetdas.com/pr/rsi12092013.pdf



Source: RSI International Systems Inc. (TSX-V - RSY) www.welcometorsi.com
Maximum News Dissemination by FSCwire. www.fscwire.com


Author:
Fred Gautreau
e-mail
Web: www.fscwire.com
Phone: 14037173898

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