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(Published: 03/28/2007)
SYCOR AMERICAS Inc. Commits to Long Term Expansion in Pennsylvania

PITTSBURGH, PA, March 28, 2007 - James Marczak, President & CEO of SYCOR AMERICAS Inc., a leading international consulting firm specializing in business process improvement and information technology, announced today that the company has selected Pittsburgh as the permanent home of its headquarters in the Americas.

PITTSBURGH, PA, March 28, 2007 - James Marczak, President & CEO of SYCOR AMERICAS Inc., a leading international consulting firm specializing in business process
improvement and information technology, announced today that the company has selected Pittsburgh as the permanent home of its headquarters in the Americas.

SYCOR AMERICAS Inc. accepted a three-year incentive offer totaling $440,000 from the Commonwealth of Pennsylvania and Allegheny County to focus its expansion in Pittsburgh,
Marczak said. The funds will be used to enhance the company`s training and recruiting programs, and will complement a $3 million planned investment by SYCOR AMERICAS Inc.
to expand its offices in Pittsburgh.

The company plans to increase its North American skilled workforce to more than 100 by 2009, Marczak reported. SYCOR AMERICAS Inc. employed one person in Pittsburgh as
recently as 2005, but has embarked on a plan for growth that included the possibility of relocating its Americas headquarters to Montreal, Canada. Marczak expressed his appreciation for the support and assistance offered by Governor Ed Rendell and Allegheny County Chief Executive Dan Onorato, as well as officials at the Allegheny Conference on Community Development.

"The tremendous support that we received was very instrumental in our decision to make Pennsylvania our home for this aggressive growth," Marczak said. "The state was in a
competitive situation and really enhanced the total package making Pennsylvania the perfect fit for our expansion in the Americas region".

SYCOR AMERICAS Inc. is a single-source solution provider offering a wide variety of Business Process Improvement and Information Technology services focusing on our core
markets. The focused services allow the sycor team of experts to concentrate on specific markets and become experts on the technology solutions and business processes that are
important to those targeted markets.

SYCOR AMERICAS Inc. focuses on small to large companies in the Chemicals, Plastics, Glass, Medical Devices, Oil/Gas, and Cement industries. Because of the sycor global
structure, sycor is very comfortable and adept at dealing with organizations that are also global in nature.

SYCOR AMERICAS Inc. places a strong emphasis on international experience in its workforce due to the global nature of major customers in its target markets. The company`s
current employee population in the Americas region includes natives of eight different countries, and more than 80 percent of its staff has work experience in two or more countries.
SYCOR AMERICAS Inc.`s multi-lingual, culturally diverse workforce hails from Europe, Latin America, Middle East, Asia and North America.

The sycor solution offerings consist of the following:

  • Industry Specific Solutions
  • SAP Consulting and Training Delivery
  • Deployment Services
  • Business and IT Strategy Services
  • RFID Enabled Business Solutions and Implementation
  • Executive Support Solutions
  • Business Process Improvement
  • Structure IT Management Services

SYCOR AMERICAS Inc. is a subsidiary of sycor GmbH of Göttingen, Germany. sycor also has a German office in Wiesbaden as well as offices in Singapore and China.

Dr. Marko Weinrich, Global CEO of the sycor group of companies, said the Pittsburgh expansion fits in well with the companys plans to grow its business in the Americas.

"A significant amount of sycor`s strategic growth is focused on North America and South America, and we view Pittsburgh as the ideal location from which to guide that growth,"
Weinrich said. "We are centrally located to reach current and prospective clients, and we feel that Pittsburgh will be a valuable asset in our efforts to build our highly qualified and capable staff. We are thrilled by the support we have received from Governor Rendell, Chief Executive Onorato, and the capable staff at the Allegheny Conference."

The sycor group of companies is part of the Otto Bock group of companies, a privately held organization based in Duderstadt, Germany. Included in the group are Otto Bock
Polyurethane Technologies, which also has its Americas headquarters in Pittsburgh and Otto Bock Healthcare, which has its Americas headquarters in Minneapolis.

SYCOR AMERICAS Inc. will relocate its offices to One Penn Center West, Suite 209, Pittsburgh, PA, 15276 in early May 2007.