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View More Press Releases by Newkirk

Press release:

Newkirk and Communi(k) join forces

Issued by: Newkirk

Date: Apr. 29, 2002

FOR IMMEDIATE RELEASE
Newkirk and Communi(k) Join Forces


(April 24, 2002, Albany, New York and Portland, Oregon) Newkirk and Communi(k) have announced their merger.

The merged organization will be the most advanced employee benefit communications company serving the retirement industry.

Located in Albany, New York, Newkirk is the largest and most experienced publisher of print-on-demand (POD) communications for the defined contribution marketplace.

Communi(k), located in Portland, Oregon, is a pioneer in developing participant-focused communications and provider-friendly systems.

“This combination is a real winner for everyone in the markets we serve,” said Peter Newkirk, President of Newkirk. “Newkirk has concentrated on building effective delivery systems, while Communi(k) is known for their creative excellence in participant education. Both companies have recently unveiled next-generation technologies that build on their strengths.”

The combined companies will be premiering their enhanced products and services in the next few weeks.

“With Newkirk, we’ve gained both scale and depth,” said Deborah Stewart, President and CEO of Communi(k). “This merger gives us production facilities on both coasts-a big advantage in today’s publishing-on-demand environment. The merger also gives us room to grow in exciting new directions. We’ve got 40 full-time programmers devoted to defined contribution, and our 4E service model will keep our customers smiling."

The companies also announced that Justin V. McCormick, one of the creators of the best-selling Sims line of consumer software, has been named as head of research and development. For the past three years, Mr. McCormick has focused on developing Communi(k)’s one2one communications platform. Mr. McCormick stated, “This is the first completely data-driven system that allows financial institutions to track return on
investment.”

For more information: http://www.newkirk.com

View More Press Releases by Newkirk


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