RIS Continues to Chart Growth Path
Company Plans to Meet $30 Million Annual Target and Hire More Than 100 New Staff Across Canada
(EMAILWIRE.COM, July 05, 2001 ) CALGARY, Alberta –– RIS - Resource Information Systems, a leading information services consulting company, today announced it is on target to meet its aggressive growth target of $30 million for the 2001 fiscal year. The company also announced plans to hire more than 100 new staff for its office locations in Calgary, Regina and Toronto. This new hiring campaign will complement RIS’ existing staff contingent of 306 employees across Canada.
Last year, RIS recorded revenues of over $24 million, providing an average annual growth rate of 40 per cent over the last five years. As selective outsourcing becomes the preferred option for large corporations across many industry sectors, RIS continues to take advantage of this growing trend.
“Despite the current market volatility in the high technology sector, RIS remains a strong technology player specializing in Application Management Services and information systems consulting,” said Dr. Peter Thompson, President, RIS. “We are currently one of the largest IT services firms in Canada and we plan to continue this growth. Our targets will allow us to continue our expansion plans in each region we currently serve and will help us to fortify ourselves as a leader in our industry.”
###
About RIS
Headquartered in Calgary Canada, with branch offices in Toronto and Regina, award winning Resource Information Systems (RIS) is a leading information technology services and solutions company. Founded in 1979, RIS is a privately held company with more than $24 million in annual revenue. RIS is the only IT consulting company in North America that has focused exclusively on the support and maintenance computer software. RIS’ team of highly skilled professionals currently maintains mission critical software applications at a number of North America's largest organizations. Current clients include Bank of Montreal, Canada Life, IBM Labs, Canadian Pacific Railway, Shell Canada, Talisman Energy, SaskEd PSEST and Toyota Canada.
Last year, RIS recorded revenues of over $24 million, providing an average annual growth rate of 40 per cent over the last five years. As selective outsourcing becomes the preferred option for large corporations across many industry sectors, RIS continues to take advantage of this growing trend.
“Despite the current market volatility in the high technology sector, RIS remains a strong technology player specializing in Application Management Services and information systems consulting,” said Dr. Peter Thompson, President, RIS. “We are currently one of the largest IT services firms in Canada and we plan to continue this growth. Our targets will allow us to continue our expansion plans in each region we currently serve and will help us to fortify ourselves as a leader in our industry.”
###
About RIS
Headquartered in Calgary Canada, with branch offices in Toronto and Regina, award winning Resource Information Systems (RIS) is a leading information technology services and solutions company. Founded in 1979, RIS is a privately held company with more than $24 million in annual revenue. RIS is the only IT consulting company in North America that has focused exclusively on the support and maintenance computer software. RIS’ team of highly skilled professionals currently maintains mission critical software applications at a number of North America's largest organizations. Current clients include Bank of Montreal, Canada Life, IBM Labs, Canadian Pacific Railway, Shell Canada, Talisman Energy, SaskEd PSEST and Toyota Canada.
Contact Information:
RIS Resource Information Systems, Inc.
Shauna MacDonald
Tel:
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
RIS Resource Information Systems, Inc.
Shauna MacDonald
Tel:
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
|
Private Equity, Angel Investing
Equity Alliance / Private Equity, Angel Investing, / IPO, Venture Capital & IR services / Equity Alliance International Equityallianceir.com Penny Stocks to Watch Sign up for hot penny stock picks Gains of 500%+ possible! Premiumstockpicks.com/landing/ Your text Ads & PR Text Ads plus unlimited press releases, One release featured/Day for only $575 per month. Read more on Text Ads & PR Your text Ads Here! Text Ads are only $289 per month. Ads are placed same day. More on Text Ads Advertising |