Pur­chase of Softech Sys­tems Limited

Pur­chase of Softech Sys­tems Limited

22 July 2010

On 22 July 2010, Kalypton Inter­na­tional Lim­ited final­ized its pur­chase of Softech Sys­tems Lim­ited. Softech Sys­tems is now a fully owned sub­si­diary and will con­tinue to develop its advanced nfc and Point of Sale tech­no­lo­gies and solu­tions, which Kalypton Inter­na­tional will incor­porate into its exist­ing infrastructure.

At the time of the pur­chase, Softech Sys­tems Lim­ited was spon­soring a PhD stu­dent through the Prince of Wales Innov­a­tion Schol­ar­ships scheme. Kalypton Inter­na­tional Lim­ited has announced that the new man­age­ment of Softech Sys­tems will con­tinue to sup­port the powis pro­ject, and that this will be aug­mented by the involve­ment and interest that its sub­si­di­aries, Kalypton Lim­ited and Kalypton Tech­no­lo­gies Lim­ited, also have in that project.