RS2 Software plc - Quote

RS2 Software plc - Profile

RS2 International (Malta) Limited was originally incorporated as an offshore company on 5 April 1993 under the Malta International Business Activities Act and continued to operate under the Companies Act with effect from 7 February 2000. The Company changed its name to RS2 Software Limited on 6 June 2006 and was converted into a public limited company on 24 April 2008.

The Company is a global provider of card payment solutions, IT consultancy and related services to international and domestic banks, service providers, retailers and other financial organisations. RS2 has focused on development and implementation of client/server based card payment solutions under the trade name BankWORKS® which is certified by major international card organizations such as VISA International, MasterCard, Diners and American Express and is used by over 30 banks and service providers servicing circa 300 clients in 23 countries.

The Company grants non-exclusive licenses to use BankWORKS® to financial institutions and service providers and also provides maintenance, support and enhanced services to its clients. BankWORKS® is an end-to-end solution supporting all aspects of card issuing and acquiring services needed by financial organisations to operate as professional players in the market. The Company’s success has been based on the development and marketing of BankWORKS® from the Company’s premises in Malta and strategic marketing alliances with companies based in other jurisdictions such as RS Consult GmbH (“RS Consult”) in Germany and NEPS I/S (“NEPS”) in Scandinavia. RS Consult today assists the Company in its marketing efforts to further penetrate the European market. In addition, the employees of RS Consult also provide consultancy, project management, documentation, testing, system configuration, client support, system analysis testing and project co-ordination to clients of the Company at its request. RS Consult enjoys a defined subcontractor relationship with the Company.

NEPS I/S is a joint venture company entered into by Reinhold Schäffter (RS2’s Chairman) in his personal capacity and a client of the Company (XponCard). NEPS and RS2 entered into an agreement in October 2004 authorising NEPS to promote, market and sell BankWORKS® in Scandinavian markets as well as Latvia, Lithuania, Poland, the Faroe Islands, Iceland and Greenland.

The strategic alliances with RS2 Consult and NEPS have enabled the Company to penetrate markets in which it had limited presence by making the most of the marketing activity and market knowledge acquired by these strategic partners throughout the years.

RS2 is also a key Oracle Partner. As a result of this partnership opportunities for the Company are increasing in new markets such as Turkey since Oracle is also working concurrently to penetrate these new markets.

Share Capital

In June 2008, 37,500,000 shares of RS2 Software plc with a nominal value of €0.20 each were admitted to the Official List of the Malta Stock Exchange following an IPO in which Information Technology Management Holding Limited offered 7,500,000 shares to the public and the Company issue 5,000,000 new shares for a total combined offering of 12,500,000 shares.

RS2 Software plc - Financials

RS2 Software plc Interim Accounts

RS2 Software plc Final Accounts

News for RS2 Software plc

RS2 Software plc - Downloads

• RS2 Software plc - 2009 Annual Report (1.6 MiB, 88 hits)
• RS2 Software plc - Initial Public Offering Document May 2009 (2.5 MiB, 289 hits)
• RS2 Software plc - Presentation to Stockbrokers March 2009 (3.0 MiB, 212 hits)