RS2 Software plc - Contract with Transworks LLC

RS2 Software plc reported today that it was awarded a €600,000 software development contract with Transworks LLC of New York.

Transworks is an independent sales organisation which facilitates the card transaction process and acts as an intermediary between banks and retailers, processing 400 million transactions a year.

Commenting on this new contract, Chief Executive Office Mr Mario Schembri stated: “This step falls in line with current RS2 plans to further penetrate the US market and expand its business there. This is yet another vote of confidence in BankWORKS