HIRE Technologies & RSI International Systems Mutually Terminate Transaction to Combine

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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:

HIRE Technologies Inc.
Simon Dealy, Chief Executive Officer
Phone: (647) 868-9611
Email: sdealy@hire.company
Web: hire.company

RSI International Systems Inc.
Adam Ho, CEO & Director
Phone: (604) 329 1009
Email: adamho@shaw.ca

Neither the TSXV nor it’s Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/58307