PRESS RELEASE Taylor-Wharton Announces New Liquefied ...

PRESS RELEASEDate: October 17, 2012Contact:David Barr, LNG Vice President and General ManagerTaylor-Wharton LLCdbarr@taylorwharton.com763-458-8840Taylor-Wharton Announces New Liquefied Natural Gas Business Unit andManagement TeamMECHANICSBURG, PA – Taylor-Wharton International, LLC (“TWI” or the “Company”), a worldleadingtechnology, service and manufacturing network for gas applications involving pressurevessels and precision valves, announces the creation of a new Liquefied Natural Gas (LNG)business unit and world-class management team.In response to the global demand for Liquefied Natural Gas (LNG), the Company’s Taylor-Wharton Cryogenics, LLC (“TW Cryogenics”) subsidiary has established a new LNG business unitfocused on the manufacture and supply of specialized cryogenic equipment for LNG bulkstorage, transport and end-user applications. TW Cryogenics now has three global businessunits: LNG, Industrial and CryoScience.David Barr, recently hired as the new LNG vice president and general manager, will lead thecompany’s efforts to grow the LNG business.“Taylor-Wharton Cryogenics is perfectly positioned to be a world-leading LNG equipmentsupplier. We have global manufacturing capability, brilliant engineers and a huge demand fromthe LNG industry for another global supplier,” said Barr. “We are currently focused on buildingthe finest LNG management team possible to lead the development of a wide range of LNGproducts designed around the needs of the customer. This effort, along with regional strategicpartnerships, will bring the complete LNG solution package of supply, installation, training andservice to the end user and accelerate our growth.”Barr brings more than 25 years of senior management experience in new technology launchesand business creation. From 1998 to 2003 he worked with Minnesota Valley Engineering(“MVE”) /Chart Industries as the founder and president of NexGen Fueling. Most recently, Barrdeveloped the first LNG distribution business in Minnesota for Lubrication Technologies, Inc.,which supplied customized LNG equipment and LNG to asphalt plants.“TW Cryogenic’s entrepreneurial spirit and LNG business strategy has caught the eye of the LNGindustry, and many of the best and brightest people in the industry are interested in joining theteam,” said Eric Rottier, CEO of TWI.

Other members of the LNG business unit:Claus Emmer has joined LNG as the director of Applications Development. Emmer started incryogenics in 1972 and joined MVE in 1981. At MVE, Emmer started the field-service team thatinnovated the repair of super-insulated cryogenic vessels on site, which had not been donebefore. Then, he handled technical service for government prime contracts for the US Navy andAir Force. In 1994, Mr. Emmer focused on product development at MVE and participated in thedevelopment and commercialization of very successful product lines such as ORCA andPermaCyl, low cost Python vacuum insulated pipe, Siphon-100 pumping systems, as wellas other products such as the Tango microliquefier. He created and shared in the creation of16 patents related to cryogenics and LNG. Emmer graduated with a bachelor of science inmetallurgy from Massachusetts Institute of Technology, and holds a master of science intechnology from the University of Minnesota.TW Cryogenics is also pleased to announce that Bobby Cushman is the director of Global LNGSales. Cushman has been developing LNG infrastructure projects in North America since2010. He has an extensive commercial background with more than 10 years of experienceselling capital equipment and fluids to the cryogenic industry particularly in North America,Europe and the Middle East. He has a chemistry degree from Gonzaga University in Spokane,Washington.Barr, Emmer and Cushman are supported by additional LNG team members James Turvey andEvan Lancaster, located at TW Cyrogenic’s Theodore, Alabama, manufacturing facility.James Turvey, product manager, has more than a decade of experience in the alternative fuelindustry working with Carter Cryogenics and Chart Industries. Turvey has served on a variety ofsociety boards including SAE boards to help develop industry standards in the alternative fuelsIndustry. He holds a degree from the EITB College of Engineering and Mining inNottinghamshire, England.Evan Lancaster, LNG design engineer, is a licensed professional engineer with 10 years ofexperience in mechanical design primarily with pressure vessels, machinery, andhydraulic/pneumatic systems. He earned his bachelor of science in mechanical engineeringfrom Auburn University.About Taylor-Wharton International, LLCTaylor-Wharton International, LLC is a world-leading technology, service and manufacturingnetwork for gas applications involving pressure vessels and precision valves. Taylor-WhartonInternational operates three complementary businesses from 16 manufacturing, sales,warehouse and service facilities in six countries on four continents, and markets its products inmore than 80 countries worldwide. Additional information about Taylor-Wharton Internationalcan be found at www.twiglobaltech.com; www.taylorwharton.com; www.awtank.com; andwww.sherwoodvalve.com.