2013-03-08 22:09:04 -
("RSI")TSX-V: RSY announces that the acquisition of Innformation Systems Inc., first reported in a October 10, 2012 news release, has been terminated pending the reaching of an agreement between both parties as to the termination terms as written in the original agreement.
Innformation Systems Inc. will remain as a reseller of RSI's Property Management System in the Midwestern United States.
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
On behalf of the board, For further information call:
Charles Ku, President, CEO Mr. Ron Baldwin, Director/Officer
RSI International Systems Inc.
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 this press release as a PDF, please click on the following link:
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