SEP Signs Lease in Carmel City Center

August 20, 2009

Carmel, IN – A news conference was held today to announce that a nationally recognized local company, Software Engineering Professionals (SEP), has decided to locate its offices in Carmel City Center. SEP will move its offices to Office Building I in City Center.

SEP chose City Center as its future location because it fit well with its corporate culture. The amenities offered at City Center, such as the Monon Trail, the Performing Arts Center and the many shops and restaurants, will allow SEP employees to work in the heart of Carmel surrounded by the vibrancy created by bringing all these entertainment and recreation options together in one place.

“We want to give our employees a place where they enjoy working,” said Jeff Gilbert, President of SEP. “Our culture is at the heart of everything we do and giving them a new building with specific amenities was important to us.”

SEP was recently named an Indianapolis Star “2009 Top Workplace” due to its employee-relations and also received the “Best-in-Category” for Work/Life Flexibility. SEP is a privately held software engineering company located in Carmel. It was founded by Rose-Hulman graduates in 1988 and has grown to include 75 employees. SEP collaborates with many Fortune 500 companies to develop new software systems and products for business, data and safety critical applications. It offers full lifecycle software solutions to clients in the medical, aerospace, healthcare and national defense markets.

The lease with SEP was signed by the Carmel City Center Community Development Corporation (4CDC). The 4CDC is a newly formed public corporation under the provisions of the Indiana Nonprofit Corporation Act of 1991. The purpose of the 4CDC is to finance and lease the office building separate from the CRC, much as the City of Indianapolis used Community Development Corporations to finance and lease the Murat Theatre, the Circle Block Parking Garage, and other downtown projects. The Board of Directors of the 4CDC includes Carmel Clay residents Richard F. Taylor III, President; Michelle Krcmery, Vice President; and Bruce Kimball, Secretary.