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Kaba Workforce Solutions Appoints Richard V. Souders as General Manager.

-- Escalated Momentum for Workforce Management Technology Company to be Directed by Veteran Technology Executive --

MIRAMAR, Fla. -- Kaba Workforce Solutions (Kaba), the North American operating subsidiary of Kaba Holding AG, Switzerland (SWISS: KABN), today announced that Richard V. Souders has been appointed to serve as President & CEO for the workforce management technology company.

Successful consolidations and infrastructure changes at Kaba have led to significant gains over the past year, increasing momentum for the global company throughout the Kaba Group. North American Kaba Workforce Solutions, the global provider of enterprise workforce management technologies, realized increased net sales and revenue during the past year and has aligned its infrastructure to accommodate additional growth.

Mr. Souders brings to Kaba Workforce Solutions over twenty years of executive leadership experience with high-growth publicly held corporations and privately funded companies. Mr. Souders' background includes domestic and international, multiple industry expertise, as well as a history of achieving sustainable sales and profit-growth, infrastructure building and development, and establishment of exceptional client and partnership relationships.

"Rich brings tremendous value to our team of specialists based on his deep management experience. We anticipate great success in further growing Kaba Workforce Solutions to the benefit of our customers, employees and share holders," stated Mike Segmuller, Head of Competence Center for Kaba.

Mr. Souders has demonstrated competence with multi-billion dollar, multi-location domestic and international operations, venture capital backed early stage companies, high growth profitable operations, company turnarounds, initial public offerings, acquisitions and consolidations. Most recently, Mr. Souders served as President and CEO for Premier Data Services, the Denver based software and services company serving the geographic information systems market. During his tenure, the company grew from a private company to a publicly held corporation. Prior to Premier Data Services, Mr. Souder held executive positions with technology, finance, healthcare and engineering companies.

About Kaba Workforce Solutions

Kaba Benzing America, Inc. DBA Kaba Workforce Solutions is a wholly-owned operating subsidiary of publicly listed Kaba Holding AG, Switzerland (SWISS: KABN), a global provider of enterprise workforce management and access control solutions with a focus on time and attendance, workforce scheduling, data visualization and analytics, regulatory compliance, employee self-service and fixed / mobile data collection solutions for SAP, Microsoft Dynamics, Oracle / PeopleSoft, Cincom Manufacturing Business Solutions and other leading enterprise-class business systems. Clients include such industry leaders as Kraft Foods North America, Schneider Electric, BMW, General Electric and Goodrich Corporation, among others. Kaba may be contacted in North America at (954) 416-1720 or at www.kaba-benzing-usa.com.

About Kaba Group

The Kaba Group is one of the world's leading players in the security industry. An internationally active, listed company, it employs around 9,000 staff in more than 60 countries. Kaba provides innovative, comprehensive access control solutions for buildings, facilities and sites as well as solutions for staff and enterprise data collection which meet client's needs for security, organization and convenience. The company is a key expert and technology leader for a range of security solutions. Kaba can look back on more than 145 years of tradition. Further information may be obtained at www.kaba.com.
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Publication:Business Wire
Date:May 5, 2008
Words:509
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