FIN 0.00% $1.13 finzsoft solutions limited

Ann: ASSET: FIN: Finzsoft settles Sush Global Solutions...

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    • Release Date: 01/09/14 10:08
    • Summary: ASSET: FIN: Finzsoft settles Sush Global Solutions acquisition
    • Price Sensitive: No
    • Download Document  2.15KB
    					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
    				
 
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