CHICAGO, Aug. 7, 2014 (GLOBE NEWSWIRE) -- In a move to accelerate growth and broaden its reach in the Environment, Health and Safety (EHS) market, MSDSonline – the leading provider of cloud-based compliance solutions – today announced it has acquired Oakville, Canada-based Knowledge Management Innovations (KMI), one of the most respected global EHS Management Information Systems (EMIS) providers. Under the agreement, KMI will be a wholly-owned subsidiary of MSDSonline. Terms of the agreement were not disclosed.
With a significant global user base, KMI is uniquely focused on end user adoption. The KMI software suite is designed to be easy to implement, intuitive to use and supports user self-training and rapid onboarding. The system allows companies to gain visibility throughout dispersed operations, control enterprise risk and improve performance through a comprehensive set of tools including incident management, audit, inspection, behavioral safety observation, compliance management, management of change, training tracking, risk analysis, performance metrics and corrective action management.
"We are excited to bring KMI's deep domain expertise and broad suite of EHS products into our mix as they are the perfect complement to our core MSDS/chemical management solutions," said Glenn Trout, President and CEO of MSDSonline. "This acquisition positions us well to extend our reach into the broader global EHS markets with robust offerings to help businesses of any size and in any industry manage the full spectrum of complex EHS regulatory issues."
"We are thrilled to join forces with a powerhouse like MSDSonline," said Matt Airhart, President and CEO of KMI. "With almost 10,000 customers, they have become one of the largest, most successful companies in the compliance software industry. We share the same customer-centric philosophy of bringing value, not just software features, to the marketplace. The software, service offerings and cultural fit of the two companies makes this a compelling merger. Together, we are going to set a new standard in EHS software and customer service excellence."
About MSDSonlineFounded in 1996 and based in Chicago, MSDSonline is a leading provider of cloud-based EH&S compliance solutions, offering products and services for managing safety data sheets, reporting workplace incidents, training employees and administering other critical EH&S information. The company's mission is to provide sustainable solutions that help customers improve employee safety, streamline compliance recordkeeping and reduce potential exposures to workplace hazards and risks. MSDSonline has been recognized for six years on Inc. magazine's list of America's 5,000 fastest-growing private companies. More information is available online at www.MSDSonline.com and on the official company blog at www.MSDSonline.com/blog. MSDSonline is an ICG (Nasdaq:ICGE) company.
The KMI EHS Software Suite helps companies operate more sustainably, safely, and efficiently. By focusing on a rich and intuitive end user experience, KMI has developed an unparalleled record of user engagement and implementation success. KMI enables companies to reduce injuries, increase the effectiveness of regulatory compliance initiatives, perform audits and inspections, manage greenhouse gas reporting, and initiate or improve corporate sustainability programs. KMI is a trusted supplier of EHS Management Information Systems (EMIS) to global manufacturing, energy, mining, biotech, chemical, and transportation companies ranging in size from a few hundred to over half a million employees.