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Making the News: December 18, 2007
KUBRA Acquires Statement Rendering Solutions LLC
Mississauga, Ontario - December 18, 2007 - KUBRA today announced that it has acquired Statement Rendering Solutions LLC (“SRS”). Based in Nashville, TN, SRS is a leading provider of outsourced statement and bill production and fulfillment services. SRS provides a complete range of outsourced transactional mail, direct mail and mail pre-sorting services to over 200 clients.

“SRS has an advanced 45,000 square foot production facility equipped with state of the art production equipment, a proven electronic audit quality control process currently producing over 70 million critical transaction records a year, said Rick Watkin, President & CEO of KUBRA. “ The outstanding growth that SRS has delivered over the last 10 years made it an attractive company. We are pleased to welcome SRS’ management and employees into KUBRA. Together, we will continue to provide our clients with flexible outsourcing solutions for all of their customer communications needs.”

“The shareholders of SRS had very specific goals in mind for any potential suitor. We found the right partner in KUBRA”, said Gary Semanchik, President & CEO of Statement Rendering Solutions. “KUBRA’s focus on client-centric solutions, with its strong e-commerce products, will allow SRS to significantly expand the services offered to our clients. We share similar cultural values, and this transaction will provide new opportunities to our SRS employees.”

About KUBRA

KUBRA develops and markets Customer Communication Management (CCM) solutions via a portfolio of business process outsourcing, information software, and professional services. KUBRA’s integrated solutions enable companies to compose, deliver, manage and process complex, high-volume, personalized information assets for maximizing the customer relationship management potential of each and every customer contact. KUBRA has over 400 clients including some of the largest Communication, Utility, Insurance, Financial Services, Media and Manufacturing/Distribution organizations. KUBRA maintains facilities in Atlanta, GA, Gardena CA, and Secaucus, and Mississauga, ON.

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