Paxys and Simpro will each have a 50% interest in the joint venture, which will engage in business process outsourcing activities through a new Philippine company - Simpro Solutions Philippines, Inc.
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Simpro Solutions Philippines, Inc.
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On 11 July 2012, Paxys, Inc. ("Paxys"), signed a Joint Venture Agreement (the "Agreement") with Simpro Solutions, Inc. ("Simpro"). Simpro is a business process outsourcing company based in Toronto, Canada which focuses on contact center and back office services. It has operations in Canada, India and Mexico.
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