R Systems International Ltd.

R Systems International, one of the leading providers of outsourced product development, technical and customer support services, has completed the acquisition of 100% shares of IBIZCS Group (IBIZ), a Singapore based company engaged in Microsoft Dynamics ERP Practice, effective April 30, 2015 through its wholly owned subsidiary namely R Systems (Singapore). The company will pay a maximum consideration of SGD 7.50 million including the earn-outs over the next three years on fulfillment of certain conditions.

IBIZCS Group is having operations mainly in South East Asia as a reseller of Microsoft Dynamics Navision ERP along with BI and mobility solutions competencies.

R Systems International is a software product development and BPO services company. It helps companies bring products and services to market quicker by using its proprietary suite execution framework.