JOSEPH F. KASSLER, KDA HOLDINGS CHAIRMAN OF THE BOARD
RETIRES AFTER TWENTY YEARS

Announcement Comes as Firm Closes Record Fiscal Year

October 3, 2001 – ATLANTA, GA – KDA Holdings, a professional services firm specializing in growth strategies for the financial and healthcare markets, today announced the retirement of its long-time Chairman, Joseph Kassler. Kassler, who started KDA with partner Dennis Hastings in 1982, retired effective October 1, 2001 to devote more time to his family and their ranching interests. Kassler will continue to serve the company in an advisory capacity as Hastings assumes the role of Chairman.

“Joe and I have been friends and business partners for over twenty years now, and during this time we have seen KDA grow exponentially,” said KDA Chairman, Dennis Hastings. “Joe has provided tremendous leadership for KDA. He was instrumental in our efforts to expand KDA’s professional services portfolio including strategic consulting and the addition of real estate brokerage services. His unwavering commitment to quality and focus on the customer are legendary. Joe will be greatly missed.” Hastings concluded.

“KDA has grown from a very small company with just a few employees into a very successful organization serving over 400 clients throughout the United States. Our clients have helped build our success, and I am extremely proud of what we have accomplished,” said Kassler. “Today, the business continues to grow. In fact, 2001 has been a record year for KDA, and indications are that 2002 will be equally impressive. Kassler added, “We have an incredible management team in place, and I am confident that the transition will be seamless. Our senior management team is perfectly suited to take KDA to the next level, and I am confident in their leadership.

About KDA Holdings

KDA Holdings is a professional services firm specializing in growth strategies for the financial and healthcare markets. Established in 1982, the company provides comprehensive development, design and construction services that optimize marketplace presence and financial performance. A pioneer in the concept of total business solutions, KDA offers an unparalleled portfolio of services that includes strategic market assessment, competitive analysis, real estate acquisition and due diligence, ownership strategies, capital formation and financing, operations consulting, facility design and construction, interior design, retail merchandising and more. Headquartered in Atlanta, KDA has a regional office in Sacramento and sales offices in ten major U.S. cities. For more information, visit KDA’s Web site at www.kdaholdingsinc.com.



For more information, contact:
Julie Bennett
Marketing Director
KDA Holdings
(770) 421-1532
(404) 432-8752 cell
jbennett@kdaholdingsinc.com