(North Vancouver, BC) – October 16, 2007, 11:00am PST – RSI International Systems Inc. (“RSI”) (TSX Venture Exchange: RSY) today announces a company record 3RD quarter in combined revenues of news sales and recurring revenue streams.
RSI has recorded booked sales and recurring revenues of more than $430,000 for the fiscal 3rd quarter. This represents an increase in total revenues of over 150% above the 3rd quarter results of 2006. Further, Year-to-date revenues for 2007 show a 50% increase over the same period last year with new sales having a 26% increase, and recurring sales revenue being responsible for a 94% increase.
Mr. Charles Ku, President & CEO states” Based on the first 3 quarters revenue performance of 2007 plus the current sales pipeline, we are confident we will meet or exceed our revenue goals for the year. With marketing campaigns such as online marketing, search engine optimization, and telemarketing programs we foresee the pace of growth will continue to accelerate.”
About RSI International Inc.
RSI International Inc. is the developer of RoomKeyTM – the only web-based Property Management System (PMS) that incorporates a fully integrated Online Reservation Booking engine and seamless real-time connectivity to the major Global Distribution and Internet Distribution Systems. RSI markets RoomKeyTM PMS and a number of other proprietary “hosted” software solutions to a wide variety of Hospitality Industry clients around the world.
On behalf of the board,
Charles Ku, President, CEO
For further information call:
Mr. Ron Baldwin, Director/Officer
RSI International Systems Inc. 800-234-5695
This Media Release may contain forward-looking statements, which reflect the Corporation’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual events could differ from those projected herein and depend on a number of factors including the success of the Corporation’s sales strategies.