iCartTX

DALLAS, TX, June 28, 2012—AVTEQ, Inc., a leading manufacturer of videoconferencing and telemedicine carts, finalized its acquisition of San Antonio-based furniture maker KLN Steel Products Co. and its two sister companies, Dehler Manufacturing Inc. and Furniture by Thurston Inc.

“We’re excited about the acquisition,” said John O’Donnell, AVTEQ Vice President. “We’re in similar business, so it makes sense for our growth.” With this acquisition, AVTEQ will significantly expand its U.S. manufacturing capacity and increase revenue to a projected 60 million.

KLN Steel Products was established over 40 years ago in San Antonio and manufactures furniture for the institutional metal dormitory market. Furniture by Thurston was founded in 1980 in Grass Valley, CA, and manufactures furniture for the commercial wood market. They each have a great reputation with customers in their respective markets and AVTEQ is excited to apply its special style of innovation and flexibility to both companies.

MEDIA CONTACT:

Karen Cook, Marketing Director
AVTEQ, Inc.
1-800-285-8315
avteq.net

About AVTEQ, Inc.
AVTEQ, Inc., located in Dallas, Texas, is the largest manufacturer of videoconferencing carts in the A/V furniture industry. The company is regarded for cost-efficient, all?inclusive products that do not require accessories and upgrades to be practical and efficient. AVTEQ has become the preferred choice of hundreds of Global 1000 and Fortune 500 clients because of unmatched quality, service and product innovation. It stocks a full line of A/V and digital signage support products, as well as custom develops and designs solutions for unique videoconferencing, business, and retail applications. AVTEQ is a HUBZone certified firm and holds several GSA contracts, which allows the manufacturer’s videoconferencing cart and mount products, as well as furniture, to be sold to federal buyers.