Ryko Solutions Enters into Purchase Agreement to Acquire MacNeil ...

For additional information:Russell Bell for Ryko Solutions, Inc. – 515/986-7492RYKO SOLUTIONS ENTERS INTO PURCHASE AGREEMENT TO ACQUIRE MACNEIL WASH SYSTEMSCombined Company Will Form Second Largest Car Wash Equipment Provider in WorldGRIMES, IA (March 11, 2013) – Ryko Solutions, Inc., the largest provider of managed car washsystems in North America, has entered into a purchase agreement whereby Ryko will acquire MacNeilWash Systems, Ltd. of Barrie, Ontario, Canada, a leading supplier to the tunnel car wash segment ofthe industry. Details of the transaction, which will close April 1 and establish Ryko as the secondlargest car wash equipment manufacturer in the world, were not disclosed.The MacNeil brand name will remain intact as will the company’s manufacturing facilities inCanada. MacNeil will operate as a subsidiary of Ryko Solutions, retaining the staff expertise andoperating flexibility that has made MacNeil a market leader for the past thirty years. Vince MacNeil,former CEO of MacNeil Wash Systems, will join the Board of Directors at Ryko, a move heralded bySteve L’Heureux, CEO of Ryko Solutions, as instrumental to the joint company continuing to build on itssuccess in the conveyor segment of the car wash industry.The union of these two well-respected companies, combining over 70 years of industryexperience, innovations and resources, ushers in an exciting new era for the car wash industry. ForRyko, it presents an opportunity to more than double the company’s addressable market through theaddition of complementary product lines. It also provides Ryko an entry into the tunnel marketRyko Solutions, Inc. 1500 SE 37th Street, PO Box 38, Grimes, IA 50111 T 515.986.3700 W www.ryko.com

Ryko-MacNeil Merger2-2-2segment for its technical service programs, cleaning products and marketing support systems that haveproven to increase car wash counts and ticket prices for Ryko car wash operators.“This is an important event in our industry. While there have been previously announcedconsolidations among industry suppliers, this is the first that involves two independently strongindustry players who are enjoying healthy growth,” explained Steven L’Heureux, CEO of Ryko.“MacNeil has a well established reputation within the industry for delivering the best performing andmost highly engineered conveyor systems and innovative profit enhancing accessories. By leveragingRyko’s larger R&D and marketing organizations, we see a tremendous opportunity to dramaticallyexpand MacNeil’s market share.”Ryko’s customers will enjoy new equipment options through direct access to MacNeil products– the best engineered tunnel systems in the world. Traditional MacNeil customers will have expandedchoices through their MacNeil distributors supported by Ryko’s end-to-end solutions, including the carwash industry’s largest technical service network, and local parts warehoused throughout the UnitedStates. Customers will also benefit from a larger choice of industry accessories and support systemsincluding water recovery programs and state-of-the-art activation and payment devices along with anew line of tunnel-specific cleaning products.“This alignment of our business with Ryko allows us to continue our vision of delivering wellengineeredcar wash solutions that will bring sustainable profit to our customers,” stated VinceMacNeil. “What is important to me in this relationship are the many synergies and commonalities inhow we approach the car wash business. These will be advantageous to our distributors andcustomers, including a dedicated engineering team and significant investments in R&D, a joint desire toRyko Solutions, Inc. 1500 SE 37th Street, PO Box 38, Grimes, IA 50111 T 515.986.3700 W www.ryko.com

Ryko-MacNeil Merger3-3-3build on our heritage – a legacy of accelerated innovation – and a single shared culture centeredaround building one team focused on customer success.”ABOUT RYKO SOLUTIONSRyko Solutions, Inc. is the largest provider of managed car wash systems in North America,offering an integrated, end-to-end clean vehicle solution consisting of equipment, chemicals, a nationaltechnical services organization and consumer marketing programs. The company’s primary focus iscreating maximum profitability in car wash operations for gas/convenience stores, private investors,land developers and auto dealers. Headquartered in Grimes, Iowa, the company has been in operationsince 1973 and employs approximately 400 people throughout North America.ABOUT MACNEIL WASH SYSTEMSFor 30 years, MacNeil Wash Systems has provided superior car wash equipment to the tunnelcar wash industry, automotive dealers, fleet and rental markets. The company’s turnkey systems, profitboosting add-ons, and cost-effective retrofits have been the envy of the industry, delivering aconsistently superior clean with lower maintenance, higher throughput and greater revenueopportunity.For additional information, please visit www.rykomacneilmerger.com or call 515/986-3700.Ryko Solutions, Inc. 1500 SE 37th Street, PO Box 38, Grimes, IA 50111 T 515.986.3700 W www.ryko.com