REGINA, Saskatchewan, Oct. 09, 2018 (GLOBE NEWSWIRE) -- Information Services Corporation (“ISC®” or the “Company”) (TSX:ISV) today announced that Chris Valentine, President of its wholly-owned subsidiary ESC Corporate Services Ltd. (“ESC”), will be stepping down from his role, effective November 1, to focus on other opportunities.  He will continue with ISC in an advisory role.

Jeff Stusek, President and CEO said, “I would like to thank Chris for the strong strategic leadership he has provided following ISC’s acquisition of ESC in 2015.  I am very pleased that he has agreed to stay on with ISC and continue to play a part in our ongoing journey.” 

Concurrently, the Company is pleased to announce that Clare Colledge, ESC’s Chief Operations Officer, will succeed Chris as President of ESC. Clare joined ESC in 2016 as Vice President, Business Development and has been instrumental in driving the growth of ESC.

Stusek commented, “Clare’s extensive experience and proven track record make her the right person to take over the leadership of our Services segment.  I look forward to her joining our Senior Leadership Team and have every confidence that she will deliver results and value to shareholders.”    

Clare brings more than 20 years’ experience working with Canadian financial institutions consulting and delivering innovative lending technology solutions that comply with diverse registry and regulated requirements and credit/risk policy requirements such as customer on-boarding (anti-money laundering/know-your-customer), collateral management, default management and legal due diligence. Prior to joining ESC, Clare held responsibility for strategic direction and business growth within diverse businesses including D+H, Equifax, FCT and GE. 

About ISC

Headquartered in Canada, ISC® is the leading provider of registry and information management services for public data and records. Throughout our history, we have delivered value to our clients by providing solutions to manage, secure and administer information through our Registry Operations, Services and Technology Solutions segments. ISC® is focused on sustaining its core business while pursuing new growth opportunities. The Class A Shares of ISC® trade on the Toronto Stock Exchange under the symbol ISV.

Cautionary Note Regarding Forward-Looking Information

This news release contains forward-looking information within the meaning of applicable Canadian securities legislation including, without limitation, statements related to timing of the changes described herein. 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. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to changes in economic, market and business conditions, and other risks detailed from time to time in the filings made by the Company including those detailed in ISC’s Annual Information Form dated March 13, 2018 and ISC’s unaudited Condensed Consolidated Interim Financial Statements and Notes and Management’s Discussion and Analysis for the second quarter ended June 30, 2018, copies of which are filed on SEDAR at www.sedar.com.

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.

Investor Contact
Jonathan Hackshaw
Director, Investor Relations & Capital Markets
Information Services Corporation
Toll Free:  1-855-341-8363 in North America or 1-306-798-1137
investor.relations@isc.ca

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