Neopost Acquires…

MILFORD, CT, February 10, 2016 – Neopost USA, a leading provider of hardware and software to mailers and shippers of all sizes, has acquired KT Services, Inc., a division of Krengel Technology, Inc.

KT Services, based in Mankato, MN, focuses primarily on professional services integration for document management software. The company is renowned for its expertise in streamlining customers’ core business processes by developing custom software solutions and Internet applications.

“This is an important acquisition for us,” says Christopher M. O’Brien, Neopost USA’s Executive Vice President, Communication and Shipping Solutions. “We have worked very well with the KT Services team in recent years, implementing document output management software for our customers. Our customers will be the direct beneficiaries of this deal. We will provide easier access to solutions that help maximize mailing and shipping productivity, and save money. Examples would be the ability to apply intelligent inserter control marks to customers’ printed documents, or the implementation of in-house postal automation processes.”

Terms of the deal were not disclosed.