Information Services Corporation

ISC Announces Filing of 2024 Management Information Circular

Retrieved on: 
Thursday, April 18, 2024

REGINA, Saskatchewan, April 18, 2024 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) announced today that it has filed its notice of meeting and management information circular for ISC’s May 14, 2024 annual meeting (the “Meeting”) of shareholders.

Key Points: 
  • REGINA, Saskatchewan, April 18, 2024 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) announced today that it has filed its notice of meeting and management information circular for ISC’s May 14, 2024 annual meeting (the “Meeting”) of shareholders.
  • The management information circular contains information for shareholders regarding the Meeting, including exercising voting rights on the election of ISC’s Board of Directors and the appointment of ISC’s auditor for the ensuing year.
  • ISC encourages shareholders to access the information and vote by no later than 11:00 a.m. MDT on Friday, May 10, 2024.
  • At the date of the filing of this management information circular, it is the intention of the Company to hold the Meeting in person at the location stated above.

ISC to Release 2024 First Quarter Financial Results on May 7, 2024

Retrieved on: 
Tuesday, April 16, 2024

REGINA, Saskatchewan, April 16, 2024 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) advises that it will release its financial results for the first quarter ended March 31, 2024 on Tuesday, May 7, 2024 after market close.

Key Points: 
  • REGINA, Saskatchewan, April 16, 2024 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) advises that it will release its financial results for the first quarter ended March 31, 2024 on Tuesday, May 7, 2024 after market close.
  • ISC’s Unaudited Condensed Consolidated Interim Financial Statements and Notes and Management’s Discussion and Analysis for the first quarter ended March 31, 2024 will be available on SEDAR+ at www.sedarplus.ca and our website at www.isc.ca .
  • An investor conference call will be held on Wednesday, May 8, 2024 at 11:00 a.m.
  • A replay of the webcast will be available approximately 24 hours after the event on ISC’s website www.isc.ca .

For Fifth Consecutive Year, ISC Earns the Globe and Mail’s 2024 Women Lead Here Benchmark for Executive Gender Diversity

Retrieved on: 
Thursday, March 28, 2024

The Women Lead Here benchmark uses proprietary research methodology to determine which Canadian corporations make tangible, systemic, organizational progress related to executive gender parity in Canada.

Key Points: 
  • The Women Lead Here benchmark uses proprietary research methodology to determine which Canadian corporations make tangible, systemic, organizational progress related to executive gender parity in Canada.
  • Throughout 2023, 55 per cent of ISC executive leaders identified as women, including those in ISC’s wholly owned subsidiaries.
  • In total, 96 companies earned the 2024 Women Lead Here seal, with a combined average of 45 per cent of executive roles held by women-identifying individuals.
  • The 2024 Women Lead Here list can be found in the April 2024 issue of Report on Business magazine, distributed with The Globe and Mail on Saturday March 29, 2024, and online at tgam.ca/WomenLeadHere .

ISC Recognized as a Saskatchewan Top Employer for 16th Consecutive Year

Retrieved on: 
Monday, March 18, 2024

ISC received this recognition as an employer in 2024 for leading our industry and offering an exceptional place to work in Saskatchewan.

Key Points: 
  • ISC received this recognition as an employer in 2024 for leading our industry and offering an exceptional place to work in Saskatchewan.
  • “We recognize that the driving force behind our success is our people,” said ISC President and CEO, Shawn Peters.
  • “Investing in our people has been one of our core values and has made us the company we are today.
  • I am fortunate to be part of such an exceptional organization, headquartered here in Saskatchewan, but with team members across Canada, as well as internationally.

ISC Declares Quarterly Dividend

Retrieved on: 
Wednesday, March 13, 2024

REGINA, Saskatchewan, March 12, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share").

Key Points: 
  • REGINA, Saskatchewan, March 12, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today declared a quarterly cash dividend of $0.23 per Class A Limited Voting Share ("Class A Share").
  • The dividend will be paid on or before April 15, 2024 to shareholders of record as of March 31, 2024.
  • The dividend has been designated as an eligible dividend pursuant to the Income Tax Act.
  • An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit.

ISC Reports Record Revenue and Adjusted EBITDA in its Financial Results for 2023

Retrieved on: 
Wednesday, March 13, 2024

Commenting on ISC’s results, Shawn Peters, President and CEO stated, “2023 was a year of many achievements for ISC.

Key Points: 
  • Commenting on ISC’s results, Shawn Peters, President and CEO stated, “2023 was a year of many achievements for ISC.
  • Strong adjusted EBITDA growth in all operating segments drove the increase in net income during the quarter.
  • Revenue was a record $214.5 million for the year ended December 31, 2023, an increase of 13 per cent compared to $189.9 million in 2022.
  • Adjusted EBITDA was a record $72.9 million for the year compared to $64.4 million last year.

ISC to Release 2023 Fourth Quarter and Year End Financial Results on March 12, 2024

Retrieved on: 
Tuesday, February 20, 2024

REGINA, Saskatchewan, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) advises that it will release its financial results for the fourth quarter and year ended December 31, 2023 on Tuesday, March 12, 2024 after market close.

Key Points: 
  • REGINA, Saskatchewan, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) advises that it will release its financial results for the fourth quarter and year ended December 31, 2023 on Tuesday, March 12, 2024 after market close.
  • ISC’s Consolidated Financial Statements and Notes and Management’s Discussion and Analysis for the fourth quarter and year-ended December 31, 2023 will be available on SEDAR+ at www.sedarplus.ca and our website at www.isc.ca .
  • An investor conference call will be held on Wednesday, March 13, 2024 at 11:00 a.m.
  • A replay of the webcast will be available approximately 24 hours after the event on ISC’s website www.isc.ca .

ISC Reports Strong Execution on Strategy in 2023

Retrieved on: 
Monday, January 29, 2024

Peters continued, "Our focused execution in 2023 has ensured that we’ve established a platform to drive our future growth, leveraging the portfolio and capabilities we’ve built, delivering further value for shareholders."

Key Points: 
  • Peters continued, "Our focused execution in 2023 has ensured that we’ve established a platform to drive our future growth, leveraging the portfolio and capabilities we’ve built, delivering further value for shareholders."
  • Meanwhile, ISC’s Services segment continued to be the driver of organic growth in a market that continues to see strong demand for its solutions.
  • Furthermore, ISC attained notable success on the national and international front, securing multiple contracts for its Technology Solutions segment.
  • In line with the focus on high-quality solutions and overall excellence, ISC also achieved ISC 27001 certification enterprise-wide, underscoring its dedication to maintaining the highest standards of security and reliability in its operations.

ESC Appoints New President

Retrieved on: 
Monday, December 11, 2023

REGINA, Saskatchewan, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today announced that Clare Colledge will be stepping down from her role as President of its wholly-owned subsidiary, ESC Corporate Services Ltd. (“ESC”), effective December 31, 2023.

Key Points: 
  • REGINA, Saskatchewan, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today announced that Clare Colledge will be stepping down from her role as President of its wholly-owned subsidiary, ESC Corporate Services Ltd. (“ESC”), effective December 31, 2023.
  • Concurrent with this departure, the Company is pleased to announce that Jeff Fallowfield has been appointed President of ESC, effective January 1, 2024.
  • His focus at ESC will be on leveraging our best-in-class products and solutions and customer service to facilitate ongoing organic growth, maintain operational stability, and support process improvement to ensure continued success for ESC.
  • Today’s announcement reflects that plan.” Peters continued, “Clare has led ESC through a period of strong growth and I want to thank her for her contributions during that time.

ISC Selected by Bank of Canada to Operate New Bank Act Security Registry Under Five-Year Contract

Retrieved on: 
Monday, December 4, 2023

REGINA, Saskatchewan, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) is pleased to announce that the Bank of Canada has selected the Company as operator and technology solutions provider for the Bank Act Security Registry (the “Registry”), which enables security interests to be registered under section 427 of the Bank Act across Canada.

Key Points: 
  • REGINA, Saskatchewan, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) is pleased to announce that the Bank of Canada has selected the Company as operator and technology solutions provider for the Bank Act Security Registry (the “Registry”), which enables security interests to be registered under section 427 of the Bank Act across Canada.
  • Once implementation is complete, the Bank Act Security Registry will be capable of 24/7/365 service provision and a range of online submission and search capabilities for customers.
  • “ISC is proud to provide services to the Bank of Canada on this important project,” says ISC President and CEO Shawn Peters.
  • “This five-year contract is a testament to ISC’s expertise in modernizing, streamlining and operating complex registry systems.