A former employee of In-Touch agreed to acquire 51% stake in IMS division from In-Touch Survey Systems Ltd. (TSXV:INX) on December 23, 2014. In-Touch Survey Systems will retain 49% stake in the division. The division is formed into a new company IPSG Technology Inc. with a two-person Board of Directors with one of the seats held by an In-Touch designate. For the year ended December 31, 2013, IMS division reported revenues of CAD 0.69 million. The deal is subject to certain terms and conditions and approval by the TSX Venture Exchange and is expected to close on or about January 1, 2015.

A former employee of In-Touch completed the acquisition of 51% stake in IMS division from In-Touch Survey Systems Ltd. (TSXV:INX) on January 1, 2015.