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Petrotech Announces the Acquisition of AMOT Systems

2013

FOR IMMEDIATE RELEASE:

Petrotech Announces the Acquisition of AMOT Systems.

New Orleans, Louisiana, May 20, 2013 – Petrotech, Inc. announces the acquisition of Amot Systems, a division of Amot.

As we welcome Amot Systems into Petrotech, Inc., we believe that their expertise in process control systems will be an asset in expanding our offerings through-out the world. The addition of a manufacturing and sales/service facility in the United Kingdom will expand our footprint to be closer to our customers located in Europe, Middle East and Africa. Additionally, the UK facility and engineering staff will enhance the ability of Petrotech to meet the specific needs of those regions that may have unique certification requirements.

About Amot Systems

Amot Systems, with over 40 years of experience, enjoys a worldwide reputation for supplying quality electrical, electronic, PLC, and pneumatic controls systems. Amot Systems designs control and monitoring systems for process packages, engines, compressors and pumps. They have specialized hazardous area expertise in electrical and mechanical engineering to address their customer requirements and global industry standards.

Petrotech (UK) Limited (formerly Amot Systems) will be located in Bury St. Edmunds, Suffolk,IP33 3SZ United Kingdom.

About Petrotech

Petrotech provides controls and instrumentation for thousands of rotating machinery assets such as Turbo-Compressors, Gas Turbines, Steam Turbines, Generators, Reciprocating Compressors and associated auxiliary systems. With over 35 years of process control experience, Petrotech has become trusted as the experts in rotating machinery controls. Petrotech solutions include full turnkey controls and mechanical retrofits, standalone control products, and new equipment solutions for turbomachinery industry OEMs.

Petrotech, Inc is headquartered in New Orleans, Louisiana, USA.

Petrotech, Inc. / 151 Brookhollow Esplanade, New Orleans, Louisiana 70123 / USA / +1 (504) 620-6600

Petrotech (UK) Limited / Western Way, Bury St Edmunds, Suffolk IP333SZ / UK / +44 (0)1284 715714

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Petrotech, Inc. provides a range of products and services for turbomachinery and other rotating and plant control systems. Our products include control systems for gas, hydro and steam turbines, generators, reciprocating/diesel engines, centrifugal and axial compressors, pumps and all ancillary systems. Our turnkey services include engineering design (software and hardware), project management, instrumentation, control panel fabrication, site I&E, commissioning and startup, training and all aftermarket services.

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FORMERLY PETROTECH

A New Name for the Company We've Become.

SAME PEOPLE.
SAME ENGINEERING EXPERTISE.
BROADENED HORIZONS.

A MESSAGE FROM JOHN KAZOUR, CEO

Welcome to Innova Technologies

To our customers and partners,

For more than 50 years, our team has helped customers keep critical operations running. We built our reputation as Petrotech by taking responsibility for control systems on important rotating machinery.

As more industries came to us with similar challenges across power generation, compression, and hydro applications, our engineering team kept finding ways to solve them. Eventually, the business outgrew the Petrotech name.

We are entering our next chapter as Innova Technologies. The new name reflects the full scope of our work as a rotating machinery control systems specialist. We engineer controls around the machine, deliver complete projects from design through commissioning, and provide support that stays with the problem until it is solved.

Our name is changing, but the people, engineering experience, and commitment behind the work continue. Our responsibility to active projects and installed systems carries forward under the Innova Technologies name. Your current contacts remain the right place to start, and we will communicate directly if an administrative record requires an update.

We appreciate the trust you have placed in us over the decades, and we look forward to continuing that work as Innova Technologies.

John Kazour

CEO, Innova Technologies