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Matrix Systems Adds New Board Member
[September 10, 2014]

Matrix Systems Adds New Board Member


MIAMISBURG, Ohio --(Business Wire)--

Matrix Systems Holdings LLC, the parent company of Xentry Systems Integration and Frontier Security, has announced that John Kennedy has joined the Matrix Systems Holdings Board of Directors.

Kennedy brings more than 35 years of experience in senior financial positions, including Chief Financial Officer, Senior Vice President of Operations, Crisis Manager and Co-founder of such companies as Marshall Financial Group, National MicroSystems Corp., D'Ecalog and RSA Security (News - Alert) Inc., to name a few.

"John brings extensive experience in financial and business strategy," said Holly Tsourides, CEO, Matrix Systems Holdings LLC. "His unique blend of investment, financial, leadership and geneal management experience will help the Matrix companies execute successfully on their aggressive growth goals, especially as it relates to Matrix's acquisition strategy. Kennedy's direct experience in successfully rolling up acquisitions into a larger platform mirrors the Matrix playbook."



Kennedy most recently served as President and Chief Financial Officer for The Nova Companies, during which time he helped grow the company from startup mode to approximately $180 million in revenue with more than 900 employees. In this role, he executed a roll-up in the analytical instrumentation market, acquiring 13 businesses across North America and Europe. Kennedy also serves as a board member with Harvard Bioscience, Inc. (HBIO Nasdaq), Harvard Apparatus Regenerative Technology (HART Nasdaq) and Datacom Systems (News - Alert). Kennedy earned his Bachelor's of Science degree from Lowell Technological Institute (now the University of Massachusetts at Lowell) and his Master of Science degree from the University of Massachusetts, Amherst. He is an active alumnus of both universities and was recently honored with the Alumni of the Year award and the James T. Smith award for athletics by the University of Massachusetts Lowell, and the Distinguished Achievement Award from the University of Massachusetts Amherst.

About Matrix Systems Holdings LLC


Matrix Systems Holdings LLC, based in Miamisburg, Ohio, for 35 years, operates two distinct but complementary security businesses: Xentry Systems Integration and Frontier Security. Xentry Systems Integration sells security systems including best-in-class access control, video surveillance and intrusion systems to end-user clients in the Great Lakes region and southern Florida. Frontier develops and resells the Frontier Integrated Platform to resellers in the security, IT and electrical contractor markets.


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