Toronto, Ontario–(Newsfile Corp. – June 22, 2020) – HIRE Technologies Inc. (TSXV: HIRE) (“HIRE”) and RSI International Systems Inc. (NEX: RSY.H) (“RSI”) have mutually agreed to terminate their agreement to combine or amalgamate, as announced in a press release dated February 21, 2020.
Neither party must pay the other a termination fee because of the mutual decision to terminate the agreement.
About RSI International Systems
RSI International Systems Inc. sold its only business asset, RoomKeyPMS, in early 2019. The Company is now seeking to use the net sale proceeds to invest in a new business.
About HIRE Technologies
HIRE is focused on the acquisition of information technology, staffing, and HR consulting firms. We provide our partners with meaningful cross-selling opportunities, access to leading technology, and a centralized back-office system to support growth.
For further information, please contact:
RSI International Systems Inc.
Adam Ho, CEO & Director
Phone: (604) 329 1009