(North Vancouver, BC) – October 26, 2007, 11:00am PST – RSI International Systems Inc. (“RSI”) (TSX Venture Exchange: RSY) today announced a company record 3RD quarter in combined news sale 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 our revenue performance for the first three quarters of 2007 plus the current sales pipeline, we are confident we will meet or exceed our revenue goals for the year. With marketing programs such as online advertising, search engine optimization, and B2B telemarketing we foresee the pace of growth continuing to accelerate.”