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Arkadin SA Completes Acquisition of Scherers Conferencing, Inc.

NEW YORK -- Arkadin SA, a global provider of audio and data conferencing services, today announced that effective November 1, 2005 it has acquired the business of Scherers Conferencing, Inc., a privately held company located in Columbus, Ohio, for an undisclosed amount.

Scherers Conferencing is a provider of audio conferencing and web conferencing services. The acquisition is expected to be accretive to Arkadin's earnings in 2006.

"I am excited to welcome Scherers and its diverse base of customers to our growing Company," said Olivier de Puymorin, Chairman and CEO of Arkadin SA. "We believe this acquisition will give us an enhanced presence in the US and the combined company will benefit greatly from the economies of scale."

Glenn Fleischman, President of Arkadin, Inc. said, "The Scherers team has built a great company and the synergies between the two, especially regarding international expansion opportunities for Scherers' customer base, are very attractive to us." About Arkadin

Arkadin is a global provider of audio and data conferencing services with operating centers in Australia, Belgium, France, Germany, Hong Kong, Ireland, Japan, New Zealand, Singapore, Spain, Sweden, the UK and the US. Companies around the world use Arkadin's audio and data conferencing services to conduct high-quality audio and data conferences that virtually connect people anywhere around the world and facilitate easy, cost-effective information sharing and discussion. Arkadin serves a wide range of multinational clients on a global basis.

For more information about Arkadin, please visit: www.arkadin.com.
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Publication:Business Wire
Date:Nov 8, 2005
Words:242
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