Mr. Jonathan Hackshaw reports

ISC REPORTS STRONG EXECUTION ON STRATEGY IN 2023

Information Services Corp. (ISC) has provided an update on the execution against its growth strategy in 2023, the recent achievements of which have solidified its position in the registry market.

"These achievements reflect our relentless pursuit of growth and excellence," said Shawn Peters, president and chief executive officer. Mr. Peters continued, "Our focused execution in 2023 has ensured that we've established a platform to drive our future growth, leveraging the portfolio and capabilities we've built, delivering further value for shareholders."

Securing an extension with the Province of Saskatchewan to operate the Saskatchewan registries until 2053 marked a milestone for ISC, projecting an estimated $1.3-billion in cash flow through the extended period and an impressive 90-per-cent increase in total assets. This achievement (the first to be successfully completed in the Canadian registry market since ISC secured the initial MSA (master service agreement) in 2013), underscores the company's commitment to registries and their opportunities for sustained growth and long-term stability. Meanwhile, ISC's services segment continued to be the driver of organic growth in a market that continues to see strong demand for its solutions.

The company's expansion continued with the acquisition of the operational rights for two registries -- the Bank of Canada Bank Act Security Registry and the International Registry of Interests in Rolling Stock. These acquisitions reflect ISC's strategic move toward diversification in its expansion of service offerings, enhancing the company's presence in key registry sectors.

Furthermore, ISC attained notable success on the national and international front, securing multiple contracts for its technology solutions segment. Contracts such as the Bank of Canada, the State of Michigan, States of Guernsey, and the Department of Registrar of Companies and Intellectual Property in Cyprus demonstrate the company's global reach and reputation for delivering high-quality solutions.

In line with the focus on high-quality solutions and overall excellence, ISC also achieved ISC 27001 certification enterprisewide, underscoring its dedication to maintaining the highest standards of security and reliability in its operations.

The investments the company made in 2023 while still delivering an anticipated record revenue and adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) consistent with guidance and maintaining robust quarterly cash dividend payments in 2023 will position ISC for the next stage of the company's growth, beginning in 2024, and underscores the company's strong financial performance and dedication to delivering shareholder value.

About Information Services Corp.

Headquartered in Canada, ISC is a leading provider of registry and information management services for public data and records. Throughout its history, the company has delivered value to its clients by providing solutions to manage, secure and administer information through its registry operations, services and technology solutions segments. ISC is focused on sustaining its core business while pursuing new growth opportunities. The Class A shares of ISC trade on the Toronto Stock Exchange under the symbol ISV.

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