Radcliffe Acquires KEF Technologies

March 1, 2003
Markham, Canada: Radcliffe, a leading developer of supply chain management systems and successful SAP technical integrator, announced today the acquisition

Markham, Canada: Radcliffe, a leading developer of supply chain management systems and successful SAP technical integrator, announced today the acquisition of KEF Technologies, a full service project management solution provider, based in Toronto, Ontario, that focuses on providing consulting, integration, change manage- ment, education and mentoring services.

“This acquisition was strategic as it will quickly add a great deal of knowledge and experience in project management to Radcliffe’s professional service offering,” explains Fred Radcliffe, President of Radcliffe. “We plan to utilize the project management expertise of KEF’s consultants to improve the overall project management of our own supply chain and SAP implementation projects, while at the same time aggressively targeting KEF’s current verticals to expand our market share in project management.”

KEF Technologies, a Microsoft Project Partner and Microsoft Certified Partner, currently serves the financial services, insurance, manufacturing, pharmaceutical, technology, government and health care sectors. These industries are a compelling complement to Radcliffe’s already strong presence in the food, beverage, consumer and industrial products markets.

The entire KEF team will be merged into the Radcliffe organization with growth already anticipated for the project management team of our professional services division. Client projects that are currently in progress at KEF will not be affected by the acquisition. It is expected that all clients will continue to receive the same high quality project management, maintenance and support. The only impact on clients will be the additional resources that can be offered by a larger company.

“For KEF Technologies this acquisition is a positive event,” says Steve Seider, Vice President of KEF Technologies. “By merging with Radcliffe we can take advantage of the resources of a larger organization. Both our employees and our customers will benefit from working with a stable and profitable company.”