CANADA'S EMERGING DIVERSIFIED FINANCIAL SERVICE PLATFORM

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About Us

FORWARD-LOOKING INFORMATION

  • ANNOUNCEMENTS ON THIS SITE contain forward-looking information and forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding the proposed Transaction, completion of definitive agreements, the concurrent financing, future business plans, anticipated ownership interests, banking initiatives, regulatory approvals, public listing objectives, growth opportunities, financing activities and closing timelines. Forward-looking statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the control of Kalma and WSI. There can be no assurance that the Transaction will be completed as proposed, or at all. Readers are cautioned not to place undue reliance on forward-looking statements. Neither Kalma nor WSI undertakes any obligation to update forward-looking statements except as required by applicable law.
  • The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this announcement.

Our Approach

  WSI’s platforms provides a full range of functionality to support payment transactions - both the traditional transactions financial service suppliers manage today (branch transactions, debit and credit at the ATM and point of sale, or telephone banking) as well as the transactions using new technology (mobile commerce and Internet banking).  WSI’s payment manager service provides protection of customer-sensitive transaction data to ensure PCI (Payment Card Industry) compliance and captures and authorizes customer payments at the point of purchase, providing a fast, convenient and cost-effective method for processing a wide variety of electronic payment options particularly debit in Canada. 

Why Us?

Westsphere Systems Inc. (“WSI”) with its proprietary and associated 3rd party Information Technology (“IT”) partners is both a domestic and international provider of solutions for banking, retail and cross-industry financial industry systems. WSI’s solutions include electronic payments processing, managing risk, automating back-office systems and providing application infrastructure services supplying access to such features as extensive balance and transaction status reporting, and Automated Clearing House (ACH) originations. 

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