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K4P Systems LTD Acquires Morse France

March 15, 2005


LOS ANGELES – March 15, 2005 – K4P Systems Ltd, a UK based technology and IT Services company, has acquired Morse France from OpenGate Capital LLC, the companies announced today. Financial terms were not disclosed. Morse France is a leading provider of IT sales and services throughout France, Switzerland and the Benelux region. OpenGate Capital is a privately held principal investment firm based in Beverly Hills, California.

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