N I S Holdings Corp (NISC: OTC Link) | NIS Holdings Announces Initiation of Factory and Site Acceptance Tests for the Earn IQ Website and Loyalty System


NIS Holdings Announces Initiation of Factory and Site Acceptance Tests for the Earn IQ Website and Loyalty System

Oct 24, 2012

OTC Disclosure News Service

Brooklyn, NY –

NIS Holdings Corp. and Alpha Dynamic Group Inc. are pleased to announce initiation of the Factory Acceptance Tests (FAT) for the integrated Earn IQ web site and loyalty system. Starting today, the technical development team will perform test scenarios provided by the Earn IQ business development team.

Upon successful completion of the Factory Acceptance Tests (FAT) the software will be installed in the Site Acceptance Environment (SAT) in order to be tested by the Earn IQ business development team. The results derived during the execution of the test scenarios will be logged onto results forms which will include descriptions, responses, assessment and approval.

The Site Acceptance Tests (SAT) will be followed by the Provisional Acceptance of the deliverable Software.

“Practicing thorough and meticulous Factory Acceptance Testing (FAT) and Site Acceptance Testing provides an opportunity for both the technical and business development teams to ensure the system is complete, matches the specifications, and can be installed and put into operation with decreased odds for complications resulting in operation start-up delays,” said President Nikolaos Mangas.

More comprehensive information will soon follow regarding to the results of the FAT/SAT tests progress.


About NIS Holdings Corp.

NIS Holdings Corp. is a public holding company with its common stock currently traded on the over-the-counter (OTC) markets, under the ticker symbol NISC. It is registered in Carson City, Nevada and headquartered in the New York City. The Company specializes in the acquisition of firms in profitable markets with high-potential and capable of achieving sustainable growth. NIS Holdings provides professional support for its consolidated subsidiaries through operational business management, financing, and controlling activities. The Company targets three key business sectors: the customer loyalty management market, the gift card industry and the marketing consulting industry.



About Alpha Dynamic Group, Inc.

Alpha Dynamic Group, a subsidiary of NIS Holdings, is a provider of loyalty marketing solutions focused on the retail industry which helps businesses better understand the needs of their target groups by mapping the entire chain of customer loyalty activities from account management and management of redemption processes, to the implementing of advertising campaigns.


Issued by NIS Holdings Corp.

For further information in this release please contact Mrs. Vasiliki Anagnostou at NIS Holdings, Corp. on tel.: 212-6881007, e-mail: investors@nisholdings.com

This document was produced by and the opinions expressed are those of NIS Holdings Corp. as of the date of writing and are subject to change without obligation to update. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of NIS Holdings Corp. to any person to buy or sell any security. Any reference to past performance is not a guide to future performance. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable, but NIS Holdings Corp. does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.

This release may contain forward-looking statements, including, without limitation, statements containing the words “believes”, “anticipates”,”expects”, “intends”, “plans”, “seeks”, “estimates”, “may”, “will”, “could”, “stands to” and “continues”, as well as similar expressions. Such forward-looking statements may involve known and unknown risks, uncertainties and other factors which might cause the actual results, financial condition, performance or achievements of NIS Holdings Corp., or industry results, to be materially different from any historic or future results, financial conditions, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements.These forward-looking statements speak only as of the date of publication of this document. NIS Holdings Corp. expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based,unless required by law or regulation.

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

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