RS2 Software Group, a Malta-based global provider of card management technology, will be investing a total of 5 million Euros to build new state-of-the-art premises in Mosta, earmarked to be completed by 2011. This was announced by RS2 Chairman, Reinhold Schaeffter and CEO, Mario Schembri in the presence of Hon. Prime Minister, Lawrence Gonzi during RS2’s 20th anniversary reception held on Friday, 23rd January at Villa Arrigo, Naxxar. During the reception, to which employees and stakeholders were invited the proposed plans of the new premises were displayed

Since its establishment in 1988, the company has grown from strength to strength. With offices in Germany and Hungary, RS2 currently stands as one of the top ten international players in the field of card payments solutions.

RS2’s high-quality card payments solution, BANKWORKS, over the years has witnessed an upward trend in market acceptance. In fact, to date provides card solutions to over 80 banks worldwide.

RS2 Software plc chief executive officer Mario Schembri stated: “Without the trust and loyalty of our numerous clients and shareholders, RS2 would not be where it is today. It is thanks to them that RS2 continues to grow at a steady rate and to fulfil its growth strategy.”

Mr Schembri stressed that the success achieved thus far is also in large part due to the company’s employees. “We consider ourselves very lucky to have a team of Maltese IT specialists who are very dedicated and display high levels of motivation. Our success is also due to the cutting edge technology and competitive edge provided by our product – BANKWORKS.”