NIS Holdings Corp. Announces Agreement to Acquire Alpha Card Technology, Inc.
NIS HOLDINGS CORP., (OTC QB: NISC), announced today that it has signed a definitive binding letter of intent with Alpha Card Technology, Inc. (ACT), a Gift Card solution firm, to acquire 100% ownership of ACT. In exchange for the 100% ownership interest in ACT, NIS Holdings will issue NIS Holdings shares to the shareholders of ACT.