News 2008

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News 2008

July 2008 - First RS2 BankWORKS Web contract signed in Middle East

Following the successful implementation of the bankWORKS WEB release in various countries in Europe, RS2 Software p.l.c. has recently signed the first bankWORKS WEB contract with one of its existing clients in the Middle East. This contract underlines RS2's commitment to continuously upgrade its systems with new cutting edge technology, and clients' confidence in RS2's new technology developments.


June 2008 - IPO fully subscribed

RS2 Software p.l.c. is pleased to announce that it has decided to close the subscription lists immediately upon reaching the 12,500,000 shares threshold established under the Combined Offering.


June 2008 - RS2 announces oversubscription of pre-placement exercise

RS2 Software p.l.c. announces that it has successfully attracted subscriptions in excess of the threshold of 50% of the Combined Offering during the pre-placement stage.


June 2008 - RS2 signs Eur600,000 contract with New York firm

RS2 Software p.l.c. has signed a Eur600,000 contract with Transworks LLC of New York. Transworks LLC is an independent sales organisation which facilitates the card transaction process and acts as an intermediary between banks and retailers, and will be processing more than 400 million transactions per year. This falls in line with RS2's current expansion plans to further penetrate the US market and to enhance its potential for growth.


June 2008 - New bankWORKS modules and brochures released

The new Dispute Management System is now fully released and ready for installations. A brochure can be found here. The Chip Card issuing and acquiring brochures have also been updated.


May 2008 - RS2 shares admissible for listing

Following an application submitted on 4 April 2008, the Listing Authority has authorised the Listing of RS2 Shares on the Malta Stock Exchange. A Combined Offering of a total of 12,500,000 Ordinary Shares, representing 33.3% of the issued share capital, is being made to the general public.


May 2008 - RS2 invited to the Oracle Partner Network day in Turkey

RS2 senior management recently attended the EE&CIS Oracle Partner Network Day in Turkey to further develop their close working partnership with Oracle and to deliver a presentation on the integration of Oracle security products within BankWORKS, RS2's software solution.


February 2008 - RS2 visits President of Malta

Shortly after the close of the User Forum, RS2 management headed by its Chairman and founder, Reinhold Schaeffter paid a courtesy visit to His Excellency Dr. E.Fenech Adami, President of the Republic of Malta. The delegation discussed matters of mutual interest particularly in the ICT arena. Mr. Schaeffter presented the President with a gift for the Malta Community Chest Fund.


February 2008 - RS2 User Forum

The much anticipated RS2 User Forum was held on the 19th and 20th February. Clients and sponsors expressed their appreciation for the hospitality shown by RS2 and commented on the professional organisation of the event and depth of content directly relevant to the clients present in the forum.


January 2008 - RS2 User Forum - MALTA 2008

RS2 has announced that its user forum will be held at The Westin Dragonara Resort between the 19th and 20th of February 2008. The one and a half day forum is packed with presentations from various experienced speakers covering recent developments in the payment industry, demonstrations of new BankWORKS modules and updates on the latest technologies adopted by RS2. The User Forum should not be missed!


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