Information Services hails C$5.6mln tech contract with Yukon government

"We are proud to partner with the government of Yukon...", said chief executive Stusek

A Yukon landscape
A Yukon landscape

Public data tech group Information Services Corp (TSE:ISV) has won another multi-million dollar contract - this time with the government of Yukon, Canada.

The deal is worth around C$5.6mln and will see the firm move Yukon's paper-based land title registration processes to an electronic registry system.

"We are proud to partner with the government of Yukon to improve the delivery of land title services and access to land titles information for its citizens," said Jeff Stusek, president and chief executive at ISC.

"This is a welcome opportunity for ISC to bring our land registry systems and operations experience to another Canadian jurisdiction."

At the beginning of March, the firm inked a contract worth around C$7.1mln with the province of Nova Scotia to replace the current technology on a business registry.

Around a week later, ISV's Irish subsidiary, Enterprise Registry Solutions Ltd, has inked an agreement with the Companies Registry Office to replace and support all of its registry systems with the firm's RegSys platform.

The service delivery agreement with Yukon includes implementation of the electronic land titles registry system, as well as ongoing services for registry support and maintenance from ISC.

Shares in Toronto shed 0.88% to stand at C$16.99 each.

Quick facts: ISC

Price: 14.15 CAD

Market: TSX
Market Cap: $247.63 m

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