Express Group Holdings Appoints New Leadership

Strategic Leadership to Position for Growth

TULSA, Okla., Nov. 14, 2013 /CNW/ - Express Group Holdings, LLC ("Express") today announced the following leadership appointments for the Holding Company and EIT-Canada Ltd.

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Todd Holmstrom will join Express as the President, EIT-Canada Ltd, Calgary, Alberta to oversee all of the Company's Canadian operations. With over 27 years in international experience in oil/gas operations, industrial construction and other operational experience, Mr. Holmstrom most recently served as President of Lockerbie & Hole, a Division of AECON, and prior to that served in executive positions with Intelliwave Technologies and Flint Energy Services, Ltd. Mr. Holmstrom holds a Bachelor of Science in Mechanical Engineering from the University of Calgary and is a Professional Engineer.

Glenn Selby joined Express this past September as Vice President, Engineering and Business Process. Prior to joining Express, Glenn was with ALSTOM Power in Windsor CT, formerly ABB and Combustion Engineering, for over 20 years. Most recently he served as Director, HRSG Research & Development with global responsibility for the HRSG product line and information systems where he led development of HRSG technologies, products, and processes for the global business. Glenn previously worked with United Technologies – Pratt & Whitney and The Hartford Steam Boiler Inspection and Insurance Company. Glenn holds a Bachelor of Science majoring in Mechanical Engineering and Material Science, Magna Cum Laude, and a Master of Science majoring in Mechanical Engineering from the University of Connecticut. He also completed his Master of Business Administration from Rensselaer Polytechnic Institute. He is a licensed professional engineer in the state of Connecticut.

Stephen Kapsalis, Express CEO, commented, "With the continued expansion of our strategic markets and the addition of such highly skilled and seasoned leadership professionals in Todd and Glenn, the Company is uniquely positioned to take advantage of the extraordinary growth opportunities available in both the international and domestic energy and power markets."

Mr. Kapsalis joined Express in April 2013. Prior to joining Express, he served as President and CEO of Vogt Power International, a division of Babcock Power, Inc., founded Capstone Engineering, LLC, and served as President & CEO of American Air Filter, Inc. (AAF International) from 2003 – 2007. Mr. Kapsalis holds a Bachelor of Science majoring in Civil Engineering Technology form the University of Pittsburgh at Johnstown, PA and a Master of Science majoring in Civil Engineering from the University of Louisville. He is a licensed professional engineer in Pennsylvania, Kentucky, Ohio, Indiana, and Illinois.

About Express Group Holdings, LLC
Express Group Holdings, through its operating divisions Express Integrated Technologies, EIT-Canada, Express Metal Fabricators, and St. George Steel Fabricators, engineers, designs and fabricates heat transfer and environmental compliance technologies, principally for the energy exploration, power generation, refining, chemical and mining industries. The company's primary products include once through steam generators for the Canadian oil sands SAGD projects, heat recovery steam generators, simple cycle catalyst systems, fired heaters, and waste heat recovery units. The company's corporate and engineering offices are located in Tulsa, Oklahoma, USA, with additional operations located in Calgary, Alberta, Canada; St. George and Murray, Utah; and Locust Grove and Big Cabin, Oklahoma. Additional information about Express Group Holdings may be found at www.expressgroupholdings.com.

Express Group Holdings is a portfolio company of The Sterling Group, L.P.

The Sterling Group, L.P.

Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution and industrial services companies. Typical enterprise values of these companies range from $100 million to $500 million. Sterling has sponsored the buyout of 41 platform companies and numerous add-on acquisitions for a total transaction value of approximately $9.5 billion. Currently, Sterling has $1.1 billion of committed capital under management through three funds. Current portfolio companies include CST Industries, Universal Fiber Systems, Express, B&G Crane, Saxco International, Stackpole International and Liqui-Box.

SOURCE: Express Group Holdings, LLC

Laurie Petersen, [phone], [email protected]

http://www.expressgroupholdings.com

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