LAS VEGAS, May 17 /PRNewswire-FirstCall/ -- Kendall Square
Research, Inc. (Pink Sheets: KSQR) announces the acquisition of
Luxury Kitchen Hoods LLC (formally Independent Inc.), the second
largest privately held kitchen ventilation company in the
USA. The Company was started
over 40 years ago specializing in both commercial and residential
Kitchen Hoods. Using the latest fabrication techniques, leading
industrial design capabilities, state of the art production
equipment and expert metal fabrication craftsman, the Independent
Inc. brand has established itself as one of the best in the
manufacturer of ventilation hoods for the residential market. All
of the company's design and production is done at the Reno, Nevada facility; with marketing,
purchasing and customer service administered in their Miami FL office.
Management stated, "We are pleased with the acquisition of
Luxury Kitchen Hoods which had revenues of $4,800,000 during 2009 and is on the path to
achieve a projected 40% increase during 2010."
About Kendall Square Research
Kendall Square Research, Inc. (KSQR) is a Holding Company with
targeted acquisitions in specialty equipment for residential home
customers and green energy products. Luxury Kitchens Hoods
LLC is the first acquisition. A second acquisition is in
process for a high energy city street light program with the
capability of reducing the city lighting energy by 50%. Other
acquisitions are in the planning stage.
For Additional Information, go to the Website:
www.kitchenhood.com
This press release contains certain "forward-looking statements"
within the meaning of federal securities laws intended to qualify
for the safe harbor from liability established by the Private
Securities Litigation Reform Act of 1995, including the use of the
words "expect," "anticipate," "estimate," "project," "forecast,"
"target," "objective," "goal," "plan" and similar expressions.
There are certain business risks and uncertainties that could cause
actual results to differ materially from those indicated by such
forward-looking statements.
SOURCE Kendall Square Research, Inc.