Information Services Corporation Announces Closing of Over-Allotment Option

REGINA, SASKATCHEWAN--(Marketwired - July 17, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Information Services Corporation (TSX:ISV) ("ISC" or the "Company") and Crown Investments Corporation of Saskatchewan ("CIC" or the "Selling Shareholder") announce that the underwriters have purchased an additional 1,575,000 Class A Limited Voting Shares of ISC ("Class A Shares") at a price of C$14.00 per share, pursuant to the full exercise of the over-allotment option granted to the underwriters in connection with the initial public offering of Class A Shares, which closed on July 9, 2013. ISC did not receive proceeds from the sale of these additional Class A Shares. The Class A Shares are listed for trading on the Toronto Stock Exchange under the symbol "ISV".

As a result of the exercise of the over-allotment option, the Selling Shareholder, CIC, now holds 5,425,000 Class A Shares representing approximately 31% of the issued and outstanding Class A Shares (compared to approximately 40% had the over-allotment not been exercised).

The Offering was made through a syndicate of underwriters led by RBC Capital Markets who acted as Sole Bookrunner, CIBC who acted as co-lead and included BMO Capital Markets, Scotiabank, TD Securities Inc., GMP Securities L.P., National Bank Financial Inc., Canaccord Genuity Corp., Dundee Securities Ltd., Mackie Research Capital Corporation, Manulife Securities Incorporated, MGI Securities Inc. and PI Financial Corp.

ISC is a provider of registry and information services to the province of Saskatchewan. The Company is the exclusive provider of the Land Titles Registry, Land Surveys Directory, Personal Property Registry and Corporate Registry in Saskatchewan, which are key supporters of economic activity in the province.

Forward Looking Information: This release contains forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. In addition, the forward-looking information contained in this release is based upon what management believes to be reasonable assumptions. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain and no assurance can be given that the expectations reflected in such information will prove to be correct. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, ISC assumes no obligation to update or revise such information to reflect new events or circumstances.

The securities of ISC have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This release is issued for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.