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Wednesday August 9
For Immediate Release
SOURCE: KENDA Systems Incorporated
SEGULA Technologies Acquires KENDA Systems, Inc.
SEGULA Technologies opens its platform in the US to pursue its international expansion
Salem, NH August 9, 2006 — SEGULA Technologies, a major European engineering, consulting, and
IT services provider, today announced it has acquired KENDA Systems Inc., a national provider of
IT services throughout the US.
KENDA has offices in fifteen metropolitan markets in the US and is providing a wide range of
information technology consulting and software development services, primarily to the Technology,
Finance and Banking, Government, and Healthcare industries. With a total staff of 400, KENDA's
services include data management, development, infrastructure network, project implementation,
logistics, training, documentation, and general support services.
Stephen K. Kenda, CEO for KENDA, commented, "Joining SEGULA and its worldwide presence will give
us access to the European market and considerable offshore resources. SEGULA's experience in global
solutions and project management will enable us to extend our range of services to our clients.
We are excited about our future and alliance with SEGULA."
"The KENDA business will be our platform to grow in the US Market, not only in the IT industry,
but also to develop other activities such as engineering solutions in the Automotive, Trucks,
and Aeronautics area. SEGULA are planning for fast growth in the US market and particularly in
New York, Detroit, and Seattle, and is already in discussions with other US companies," said
Albert Nacinovic, President for SEGULA International Operations.
About SEGULA Technologies Group
The SEGULA Technologies Group is one of the major European engineering companies, an innovation
consultancy and IT services provider. It assists the captains of industry with the design,
reliability and optimization of their products, software, and means of production. With 5.000
staff in 70 locations in over 12 countries including Brazil, Argentina,India, Portugal, Spain,
Sweden, and China, the SEGULA Technologies Group will reach an (estimated) turnover of 300 million
euros in 2006.
More information about SEGULA Technologies is available at
www.segula.fr
Media Contact
Richard Chipman, COO/CFO
KENDA Systems, Inc.
800.771.2338
rickc@segulagroup.com
www.segulagroup.com
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