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RDSP Advisory Committee

SIT Agrees to be Part of RDSP Advisory Committee

Toronto, ON, Canada – November 22, 2011: Strategic Information Technology Ltd. ("SIT") is pleased to announce that it has agreed to be part of the RDSP Advisory Committee in conjunction with other financial insitutions and service providers.

"We were one of the earliest software developers to create a solution to manage Registered Disability Savings Plans so we were delighted when we were asked to be apart of the Advisory Committee", said G. Robert Leeming, President of SIT. "We were ardent supporters of Canada's visionary RDSP legislation because it enables a brighter financial future for the tens of thousands of disabled children in Canada."

About the Registered Disability Savings Plan Advisory Committee (RDSPAC)

The Registered Disability Savings Plan Advisory Committee was created by Human Resource Skills Development Canada (HRSDC) and the Canada Revenue Agency (CRA). The Advisory Committee will act as an ongoing resource to the HRDSC and CRA on matters relating to the administration of Registered Disablity Savings Plans (RDSPs), the Canada Disability Savings Grant and the Canada Disability Savings Bond.

About Strategic Information Technology Limited

SIT, formed in 1988, develops and markets Portfolio Plus, an extensible banking system that allows customers to plug-in new functionality as required. This is accomplished via SIT's unique Plug-In BankingTM architecture, an Open Banking InterfaceTM, and a Financial Services BusTM that extends Portfolio Plus functionality to other corporate applications. SIT's banking software empowers credit unions, banks, trust companies and building societies to offer web banking, loans, loan securitization, investments, term deposits, wealth management, retail, ATM/POS switch interfaces for debit cards, and credit bureau interfaces. Portfolio Plus can also be tailored, on request, to meet specific customer requirements.

SIT can be reached at (www.stratinfotech.com) or by phone at 905-640-0808.

Portfolio Plus, Plug-In Banking, Open Banking Interface, and Financial Services Bus are trademarks or registered trademarks of SIT in the U.S., Canada and other countries. Any other trademarks or service marks contained herein are the property of their respective owners.

Forward-Looking Statements

Forward-looking statements in this document are based on current expectations that are subject to risks and uncertainties. Actual results might differ materially due to various factors such as the competitive nature of the software industry, the ability of SIT to continue to execute its growth and development strategy, and the reliance of SIT on key personnel. SIT assumes no obligation to update forward-looking statements, or to update the reasons why actual results could differ from those that are projected.

SIT can be reached at (www.stratinfotech.com) or by phone at 905-640-0808.

For more information:
Adam Long
Strategic Information Technology
Telephone: 905-640-0808 x452
Email: adaml@stratinfotech.com


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This page was created or refreshed on October 15, 2018 @ 12:07:20
by Strategic Information Technology (SIT) Ltd., Stouffville, Ontario, Canada
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