SCHENECTADY, NEW YORK, February 18, 2014 Contec Holdings, LTD, ("Contec" or the "Company") the market leader in the services business, today announced that it has completed the acquisition of substantially all the assets and operations of Replico Corporation ("Replico"), a leader in home delivery and fulfillment to the broadband/cable industry.

"I am very pleased to announce the completion of the Replico acquisition and excited by the prospects for the future. Customer reaction to the vision of more streamlined and integrated service solutions has been very positive as the opportunity to take cost out of the supply chain and reduce capital investments by eliminating wasteful hand-offs and delays is readily apparent" said Hari Pillai, President and Chief Executive Officer of Contec.

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