NEWS RELEASE
Solid business results for ITSS in 2010
Geneva, Wednesday, January 5, 2011 – Information Technologies Solutions & Services (ITSS) has had another strong year in 2010 which means that the company has been able to realize constant growth both in income and in number of references during the last 10 years – announced the company in Geneva on Wednesday.
“I’m very pleased about the business results what our company could achieve in 2010 when the global economy was still under the effect of the world economic crisis” – emphasized Patrick Jaccoud, Executive Director of the company.
ITSS, which provides IT solutions and services to banks and financial institutions on four continents, has been able to increase its turnover in 2010 by 20 percent year-over-year. In terms of the number of references ITSS could also increase its reference base by more than 5 percent compared to 2009.
“Although we have reached good results last year, 2010 has not been easy and I expect the same for 2011” – outlined Patrick Jaccoud. “We can see some positive signs and upward trend in the banking industry but we have to work hard to make this year similarly successful. However, there is a very strong development team in place, we work with a big number of experienced and highly qualified consultants, our new branch office in Mexico City has just started its operation, we have strengthened our sales department and we have recently developed many new products so I’m absolutely sure we will be able to meet this challenge.” +++
About ITSS
ITSS has been established in 2001 to offer different test tools, data extraction, data security solutions and consultant services especially to those banks which run GLOBUS/T24 core banking systems. So far the Geneva based company has worked with close to 100 customers in more than 30 different countries, and has got branch offices in Luxembourg, Chennai (India), Singapore, Casablanca (Morocco) and Mexico City. Among its clients Deutsche Bank Geneva and Bank of Mauritius can also be found.
For more information please contact:
György Madarász, Sales Manager - Tel: +41 22 706 20 83 or visit our website at www.itssglobal.com