Business Headlines

SRB Education Solutions Inc. Is Pleased To Announce the Acquisition of Kelowna Software Ltd. of Kelowna, British Columbia

Markham, Ontario -- SRB Education Solutions has served the education community for over 25 years and is the leader in supplying Student and Financial Information Systems in Canada with over 125 school boards and thousands of schools using their products across the country. SRB Education Solutions is a member of the StarDyne Technologies Group. The addition of Kelowna Software Ltd. and the Library 4 Universal (L4U) Product Suite allows SRB to move forward in its growth strategy aimed at offering a broad range of complementary and integrated solutions to education customers across North America.

With over 20 years experience in the industry, Kelowna Software Ltd. is the largest provider of library automation software in Canada. Kelowna Software’s L4U is recognized as a world leader in library management software. This state of the art product has continually led the industry operating both on the Macintosh and Windows platforms. Purchased primarily by Kindergarten to Grade 12 (K-12) schools, L4U can be found in over 2,300 schools, school districts, media/resource management centers and specialty libraries throughout Canada, the United States and overseas.

“Adding Kelowna Software and the L4U Product Suite to our portfolio will allow us to offer a more complete range of solutions to the customers and markets that we serve” said Steve Thompson, President and CEO of SRB. “Kelowna Software has done a great job of building market share in its chosen markets; staff will continue, as SRB employees, to enhance the products that have brought that success. As the L4U division of SRB they can leverage SRB’s market presence and technical strength to expand that success even further”.

“We are all very excited by the opportunity this partnership of staff and products represents” agreed Braden Messenger, former CEO of Kelowna Software, and now Vice President of the L4U division of SRB. “Our access to technical, marketing and financial resources has increased significantly, which will translate into even better products and service for our customers. Being part of SRB also gives us preferred access to their substantial customer base.”

“SRB Education Solutions represents the cornerstone in StarDyne Technologies’ strategy to build a strong presence in the North American K-12 education sector” added David Burke, CEO of StarDyne Technologies Inc. “The acquisition of Kelowna Software continues to build our strength in the education sector. We’re getting a great product in L4U, and we’re adding some terrific staff with many years experience in the K-12 market. We are very pleased that Kelowna Software is joining the StarDyne family”.

About SRB Education Solutions Inc.
SRB Education Solutions Inc. has served the education community for over 25 years and is the leader in supplying Student and Financial Information Systems in Canada with over 125 school boards and thousands of schools using their products across the country. SRB Education Solutions is a member of the StarDyne Technologies Group.

SRB Quick Facts:
Office locations: Markham ON, Edmonton AB, and Mission BC

Staff: 95

K-12 customers: 128 K-12 customers in Ontario, British Columbia, Alberta, Saskatchewan, Manitoba, Prince Edward Island and Newfoundland, with over 4,000 schools and almost 2 million students
www.srbeducationsolutions.com

About Kelowna Software Ltd.
Kelowna Software Ltd. develops, publishes, markets and supports the Library 4 Universal™ (L4U) library software.

Kelowna Software Quick Facts:
Office location: Kelowna BC

Staff: 17
K-12 customers: Over 2,300 schools in 43 states, 10 Canadian provinces and territories, and seven international markets
www.l4u.com

About StarDyne Technologies Inc.
StarDyne Technologies Inc. is a technology company which focuses on the local government and education areas of the public sector, and offers, through its group companies, alternative or complimentary software solutions to satisfy customer requirements. Based in Kelowna BC, StarDyne has invested in excess of $25Million over the past seven years in its companies through acquisitions, R&D, product development and market expansion.
www.stardynetech.com

Contact: SRB Education Solutions, Michael Thompson, Vice President, Sales & Marketing, (905) 943 7706 ext. 354
or
Kelowna Software Ltd, Braden Messenger, CEO, (250) 712-4644