Acquisition of TEST Automation & Controls

June 10, 2013

VersaTech Automation Services, LLC is pleased to announce that it has entered into an agreement with Cameron Inc. to purchase certain assets and ongoing business operations formerly known as TEST Automation & Controls. Specifically, these are the US based operations in Harvey, LA and New Iberia, LA as well as its interest in the Angolan company, TEST Angola LDA. The operations and personnel in TEST’s Houston Shop will not be affected by this transaction and will remain with Cameron. Closing is anticipated to occur on or about June 17, 2013.

With this acquisition, VersaTech will be one of the largest providers of integrated I&E services in our business. We will have more than 600 employees with facilities in New Orleans (Harvey), Houston, New Iberia, LA; Dilley, TX (Eagle Ford – South Texas); Angola (West Africa), and Dubai (Middle East). Over the last five years, VersaTech has experienced rapid growth in the Gulf of Mexico region, onshore shale markets, and selected international markets. VersaTech looks forward to
leveraging TEST’s strength in the offshore Gulf of Mexico and Angolan markets to expand our service to our customers.

VersaTech’s core capabilities include:
• Instrumentation & Electrical Field Services
• Startup & Commissioning Services
• Control System Design & Fabrication
• Software Development (PLC, DCS, GUI, etc.)
• Skid Packaged Automation (Chemical Injection Systems, HPU’s, etc.) VersaTech will serve the following markets from six strategic locations:
• Control System Fabrication & Field Services – Office in New Orleans (Destrehan Avenue)
• Control System Fabrication & Field Services – Office in Houston, TX
• Field Services – Office in New Iberia, LA
• Field Services – Office in Dilley, TX (Eagle Ford Shale)
• Control System Fabrication & Field Services – Office in Dubai (Jebel Ali Free Zone)
• Field Services – Office in Angola, Africa

VersaTech looks forward to offering the domestic and international oil and gas market continued support from a reunited management team that has worked in the industry over the last 40 years. VersaTech is a service based company that was founded on the goals of being responsive, flexible, and customer focused. The combined entity of VersaTech and TEST is committed to providing a safety driven and customer focused organization with unrivaled technical resources.