ISC Secures Saskatchewan Registries Extension Until 2053

Provided By GlobeNewswire

Last update: Jul 5, 2023

All figures are in Canadian dollars (“C$”) unless noted otherwise.

REGINA, Saskatchewan, July 05, 2023 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today announced the execution of an extension agreement (the “Extension Agreement”) with the Province of Saskatchewan (the “Province”) to extend the term of its exclusive Master Service Agreement (the “MSA” and, together with the Extension Agreement and certain ancillary agreements collectively the “Agreements”) until 2053 (the “Extension”). This means that the MSA between ISC and the Province will continue for the next 30 years to 2053, for a total of 40 years, which is in keeping with a concession of this nature.