News Release Details

View all Press Releases

ISC Launches New Corporate Registry System

July 11, 2016

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.



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

Interactive Analyst Centre

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

Information Services Corporation (“ISC”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only.

By clicking “Accept” you acknowledge and agree that neither ISC nor third party provider Virtua Research, Inc. (“Virtua") is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against ISC and Virtua and further acknowledge and agree that in no event shall ISC or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to the Legal Notice, this disclaimer or the External Site.

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if ISC and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-IFRS Information

In addition to disclosing results determined in accordance with IFRS, ISC may also disclose certain non-IFRS and pro forma non-IFRS results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-IFRS and pro forma non-IFRS information provides investors with additional information to assess ISC operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Management uses this non-IFRS and pro forma non-IFRS information, along with IFRS information, in evaluating its historical operating performance. ISC and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data.

The non-IFRS information is not prepared in accordance with IFRS and may not be comparable to non-IFRS information used by other companies. The non-IFRS information should not be viewed as a substitute for, or superior to, other data prepared in accordance with IFRS.

DeclineAgree