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KMC HOLDING COMPANY ANNOUNCES AGREEMENT TO ACQUIRE TUANIS TECHNOLOGY

December 21, 2007

KMC HOLDING COMPANY ANNOUNCES AGREEMENT TO ACQUIRE TUANIS TECHNOLOGY




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 21, 2007 -- Austin, Tx and Atlanta, GA, June 10, 2003: KMC Holding Company and Tuanis Technology jointly announced today they have entered into an asset purchase agreement whereby KMC Holding Company will acquire substantially all of the assets of Tuanis Technology.

The acquisition is intended to strengthen KMC Holding Company’s presence in the North American marketplace and open various new lines of business. “This is a great opportunity for Tuanis Technology and our customers” said Randall Baker, President of Tuanis Technology. “KMC’s financial capabilities and deep management team will allow Tuanis to become a formable player in the wireless services industry.”

Terms of the agreement were not disclosed.

KMC plans to integrate the Tuanis Technology offerings into its services portfolio. Mr. Baker will remain with the new organization through the transition.

About Tuanis Technology

Tuanis Technology, headquartered in Austin, Texas, is a professional services firm focused on bridging the gap between business and technology. Our area of specialty is creating un-licensed Broadband Wireless Networks (BWN) or more appropriately - Digital Canopies. We understand wireless technology, WAN’s, and LAN’s. We concentrate this knowledge into license exempt radio frequencies, including the 900Mhz, 2.4Ghz, 5.8Ghz, 60Ghz and Free Space Optics (FSO) arena’s. Through our internally developed SURE STEPSM process we successfully combine the disciplines of system engineering with the bottom line requirements of business. SURE STEPSM is a repeatable, milestone based methodology with clear metrics, easily identifiable progress points and project gateways.

About KMC Holding Company

KMC Holdings is a privately held corporation. The company is focused upon acquiring companies within the infrastructure services market who offer strong customer relationships and successful track records of profitable growth.



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Contact Information

  • Name: K.Johnson

    Email: ***@tuanistechnology.com





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