RS2 Software plc – Information to maintain a fair market

February 21, 2014
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

RS2 sofware p.l.c announced that it has signed a license agreement with OKQ8 in Sweden. 

The agreement is for an indefinite period and RS2 will be receiving a monthly fixed fee for granting the use of the bankWORKS system. 

 

This is one of the agreements with the new clients referred to in the Company Announcement RS265 dated 14 November 2013. 

 

OKQ8 has selected the RS2 system “BankWORKS” to power their continued expansion into specialist petroleum cards for companies and consumers across the Scandinavian region. 

 

OKQ8, having been an indirect user of the BankWORKS system for many years through one of Norway’s largest IT Service companies which uses the BankWORKS system as the core for their Card issuing and acquiring Services, 

have chosen to work directly with RS2 in order to meet their business growth plans. 

 

To view the official company announcement, click here.