| 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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