TEAGUE Completes Acquisition to Capture New Market Opportunities

SEATTLE, WA--(Marketwire - Jul 5, 2011) - Seattle-based design consultancy Teague today announced that it has completed the acquisition of Signce, a Munich-based design firm specializing in product development and brand strategy for the consumer industry. This acquisition extends Teague's leadership into the European market.

"We're excited to welcome Signce's partners, clients and employees into the Teague family," said John Barratt, Teague president and CEO. "The acquisition of Signce is the first step in fulfilling Teague's mission to build a global practice relevant to today's demands. Teague has a long history of business evolution, the addition of Signce supports Teague's commitment to both growth and progression."

Signce's services will be integrated with Teague's to provide a more comprehensive design offer. The acquisition also grows Teague's well-established offer with Signce's expertise in research and strategy, interaction design and product development.

With the extension to Europe, Teague is now positioned to work more closely with globally based clients. "We're committed to truly collaborative relationships," said Barratt. "Proximity is key; at the heart of Europe, Munich is the ideal location."

The combined company has a long list of esteemed clients including The Boeing Company, Hewlett-Packard, Leica, Panasonic, Proctor & Gamble, Vodafone, Microsoft, LG, Whirlpool and Nike.

About Teague
Founded in 1926 by industrial design pioneer, Walter Dorwin Teague, Seattle-based Teague is an award-winning design consultancy internationally recognized for over eight decades as a discerning team with a talent for creating evocative designs. Teague innovates with clients such as Microsoft, HP, T-Mobile, The Boeing Company, LG, Rockwell Collins, Panasonic, Samsung, Xbox and Nike. More information can be found online at www.teague.com.

About Signce
Since 2003, Signce has used design as a strategic tool to help companies find success in the marketplace, consolidate their bottom line and maintain their competitive edge. Signce creates ideas for products, services, interfaces and environments delivered in the right format, to the right customers, at the right time. Clients include: Carl Zeiss, Huawei, Novartis, Procter & Gamble, Samsung, Siemens, Villeroy & Boch, Vodafone Global, WACOM, Whirlpool, and Leica. Find out more at www.signce.eu.