
ISACSOFT INC announced today that it has successfully signed three years contract as a preferred supplier with Yellow Pages Group. Isacsoft and Yellow Pages Group signed an agreement in which Isacsoft shall supply consulting services in connection with the business of Yellow Pages Group. This contract represents a value of $2M.
"This contract is the third one for ISACSOFT consulting and system integration division in 2007. We are very proud to be chosen by Yellow Pages Group supplier for three years. This new contract is bringing the total value of new major contracts signed to $6 millions in 2007" said Ronald Brisebois, Chairman, President and CEO of ISACSOFT INC.
ABOUT ISACSOFT
ISACSOFT is a provider of software business solutions, information technology-training and systems integration consulting to its national and international customers. The revenue model is based on software licences, recurring revenues and strategic projects targeting key customers. ISACSOFT is headquartered in Montréal, Canada with offices in Québec City, Paris, London, Cologne and The Hague.
Forward looking statements
Certain statements made in this news release are forward-looking and are subject to important risks, uncertainties and assumptions. The results or events predicted in these forward-looking statements may differ materially from actual results or events. These statements do not reflect the potential impact of any non-recurring items or of any dispositions, monetization, mergers, acquisitions, other business combinations or other transactions that may be announced or that may occur after the date hereof. Other factors that could cause results or events to differ materially from current expectations include, among other things: general economic factors, adoption rate of our solutions by clients, signing contracts, response to industry's rapid rate of change, competition, pricing, operating results, acquisitions, material change in our strategic relationships, exposure under contract indemnities, defects in software, security and privacy breaches, loss of key personnel, our ability to protect intellectual property, infringement claims on our intellectual property, and industry and government regulation.
For additional information with respect to certain of these and other factors, refer to ISACSOFT Inc.'s Annual Report (Management Discussion and Analysis) filed with the Canadian securities commissions. The forward-looking statements contained in this news release represent the expectations of Isacsoft and it's subsidiaries as at January 18, 2007, and accordingly, are subject to change after such date. However, Isacsoft and its subsidiaries disclaim any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. -- www.cnxmarketlink.com
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