Aquila Software Acquires Halcom

Miami, FL – October 5, 2016 – Aquila Software (“Aquila”) announced today that it has completed the acquisition of Halcom. Halcom is a leading provider of banking solutions in the Adriatic region.

“We are excited to bring in such a strong team to the Aquila family. In working with the leadership at Halcom we can see how their values fit well with ours and their commitment to their client base is very deep,” said Mike Byrne, Aquila Software CEO. “With the best practices Aquila brings to the table and the products and vision within the existing Halcom team, I am excited about the positive impact we can have on the clients.”

“When looking for the right company to partner with and help chart the next 20 years of Halcom, I could not find an organization that met more of my objectives than Aquila,” said Matjaz Cadez, Founder and Chairman of the Board of Halcom. “I know that we are putting the clients and employees of Halcom into great hands.

Marko Valjavec, Halcom CEO, added, “The team at Halcom is excited about the coming effort to build on the work we have done, refocus on our core B2B products, innovate new ones and become a stronger partner for our clients long into the future. The acquisition provides Halcom with solid financial backing and organizational support to enhance our products and services, further grow our customer base and expand regionally.”

About Aquila Software:
Aquila has focused on providing great solutions to Housing & Real Estate, Finance & Banking, and Travel throughout North America and Europe. Aquila’s businesses focus on long-term relationships where our solutions evolve with our client’s business needs. Further information concerning Aquila Software may be obtained through their website at www.aquilasw.com

About Halcom:
Halcom is the leading provider of Banking Software solutions within the greater Adriatic region.  They have been one of the most innovative companies in secure payments and providing great Commercial Banking offerings on behalf of their clients.  For more information on Halcom, visit www.halcom.com


Contact:

Steve Richards
Chief Financial Officer
Aquila Software
srichards@aquilasw.com

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