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CLST Clrstar (DI/S)

48.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Clrstar (DI/S) LSE:CLST London Ordinary Share KYG2294M1050 ORD USD0.0001 (DI / REG S)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 48.50 45.00 52.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

ClearStar,Inc. ClearStar agreement with MultiLatin (1227E)

04/05/2017 7:00am

UK Regulatory


Clrstar (DI/S) (LSE:CLST)
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TIDMCLST TIDMCLSU

RNS Number : 1227E

ClearStar,Inc.

04 May 2017

4 May 2017

ClearStar to provide MultiLatin with Sphere global platform

Implementation of ClearStar's SphereÔ Technology Platform to Enable MultiLatin to Deliver Multilingual Global Screening Services

ClearStar (AIM: CLSU and CLST), the technology and service provider to the background check industry, is pleased to announced that it has entered into an agreement to provide MultiLatin, a leading provider of international background screening services in Latin America, with the ClearStar SphereÔ technology platform for the delivery of compliant, multilingual and multinational background screening services. With the implementation of this secure, highly-scalable platform, MultiLatin is enhancing its offer to existing clients as well as able to target new markets.

The ClearStar Sphere background screening platform provides MultiLatin with significant technological capability and flexibility. With a strong focus on client experience, it can be customized and extended to suit the needs of the end user, making it highly scalable. Designed to satisfy interface, compliance and architectural demands globally, the Sphere platform is configurable for all major languages. It is designed to allow for compatibility with existing data protection laws in nearly all major countries with flexibility to adapt to changes in laws, and adheres to the highest standards of security and compliance.

MultiLatin offers screening services, on a wholesale and retail basis, in 30 countries across Latin America and the Caribbean. With the implementation of the Sphere technology platform, MutliLatin is able to offer clients an enhanced service with seamless language translation and access to global records while continuing to insure the integrity of clients' data and maintaining high levels of quality control and management.

"MultiLatin's goal is to be the leading Latin American provider of both wholesale and retail screening solutions, " says David Robillard, CEO of MultiLatin. "By implementing the ClearStar Sphere technology platform, we have taken an important step towards this target. We are receiving increasing cross-border demand that the scalability and multijurisdictional capabilities of the Sphere platform will enable us to satisfy. It was also vital to us that our technology platform was sufficiently flexible and configurable to be able to meet the varied demands of our broad range of clients as well as handling the complexities of screening across borders while ensuring security. The ClearStar Sphere platform was the only solution that met all our needs."

Robert Vale, CEO of ClearStar, added that "We are excited to be working with MultiLatin to further expand the geographical reach of our proprietary global platform. With the adoption of ClearStar's Sphere, MultiLatin's customers will enjoy an enhanced offering with faster, more accurate service delivery and seamless integration with their existing systems. Thanks to our global architecture, both those who are distributing as well as those who are consuming records from Latin America will benefit from our platform. We look forward to establishing a long relationship with MultiLatin and supporting their growth and development."

Enquiries

 
 ClearStar, Inc. 
 Robert J. Vale, Chief Executive 
  Officer 
  David Pattillo, Chief Financial 
  Officer                            +1 770 416 1900 
 
 finnCap Ltd. 
 Jonny Franklin-Adams, Simon 
  Hicks - Corporate Finance 
  Christian Hobart, Abigail 
  Wayne - Corporate Broking          +44 20 7220 0500 
 
 Luther Pendragon Ltd. 
 Harry Chathli, Claire Norbury       +44 20 7618 9100 
 

Notes to Editors

About MultiLatin

MultiLatin is an international provider of pre-employment and third-party background screening services based in Mexico City with regional operations in Panama and Brazil. MultiLatin offers services in 30 countries across Latin America and the Caribbean. They provide both wholesale and retail screening services.

About ClearStar

ClearStar, Inc. is a leading and trusted background check technology, strategic services, and decision-making information provider to employers and background screening companies.

A seven-time Inc. 5000 honouree and founding member of the National Association of Professional Background Screeners, ClearStar has provided innovative technology solutions to businesses in the human capital management industry from its corporate offices in Alpharetta, Georgia since 1995. For more information about ClearStar, please visit: www.clearstar.net.

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

AGREAESDEDFXEAF

(END) Dow Jones Newswires

May 04, 2017 02:00 ET (06:00 GMT)

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