FIN
01/09/2014 10:08
ASSET
REL: 1008 HRS Finzsoft Solutions Limited
ASSET: FIN: Finzsoft settles Sush Global Solutions acquisition
Monday 1 September 2014
Banking & Finance Technology News
Finzsoft settles Sush Global Solutions acquisition
AUCKLAND, NZ 1 September 2014 - Further to the announcement on 13 August,
Finzsoft Solutions Limited (NZX:FIN) is pleased to announce that the
acquisition of 100% of the shares in Sush Global Solutions Limited (trading
as 'Sush Mobile') has now been declared unconditional, and settled on Friday
29 August.
Finzsoft Solutions Limited has strengthened its next generation solution
offering with the acquisition, which will provide a diversified income stream
for Finzsoft along with access to comprehensive in-house enterprise mobility
solutions, says Finzsoft Managing Director Andrew Holliday.
"Finzsoft is very pleased to reach settlement on this strategic acquisition,
that will give us a competitive, innovative edge, resulting in a positive
material impact both on revenue and bottom-line," says Mr Holliday.
Sush Mobile is a mobile innovation powerhouse that specialises in emerging
and disruptive technologies with a diverse portfolio of clients across the
finance, agriculture, central and local government and retail sectors.
-ends-
About Sush Mobile:
An innovative mobile solutions provider based in Auckland and Wellington,
Sush Mobile specialises in providing comprehensive enterprise mobile
solutions that generate demonstrable return for its customers. Clever tools
aligned with business objectives offer businesses sustainability within a
dynamic, ever-changing global marketplace. www.sushmobile.co.nz
About Finzsoft:
Finzsoft has offices in Singapore, Malaysia, Australia and Auckland and
employs in excess of 40 staff. Since its launch 25 years ago, the company has
become one of the leading financial software and solutions providers for
banks and financial institutions in Australasia. www.finzsoft.com
For more information please contact:
Andrew Holliday
Managing Director
Finzsoft Solutions Ltd
Mobile: 021 355 492
Email: [email protected]
End CA:00254656 For:FIN Type:ASSET Time:2014-09-01 10:08:31