ANNOUNCEMENT

Bronswerk Group Expands with New European Location

Bronswerk Group opens office in Hamburg, Germany to meet increased global demand and satisfy growing HVAC & Refrigeration needs of European Shipbuilders and Ship Owners.

Montreal, Que, August 31, 2010 -- Business is expanding so quickly for Bronswerk Group’s global onboard climate engineering that they have decided to take a significant step to ensure continued growth. The HVAC&R Engineering firm is opening a European location, providing better reach for their continued focus on commercial marine, military and offshore onboard climate business.

“This decision constitutes a big step for us,” said Geoff Maitland, president of the 25 year old Bronswerk Group. “Opening the Hamburg office allows us to better serve and actively pursue clients in Europe in an area with a high concentration of shipbuilders and ship owners.” At the same time, the increased demand the company is receiving from the governments from the European continent and other market opportunities are seen to warrant opening a European entity. This move follows closely on the heels of the Turkish office which the company opened earlier this year. “These offices enable us to continue providing a premium level of service from a team dedicated to the European market.”

New entity capitalizes on European supply and demand

The new office in Europe will not only allow Bronswerk Group to be closer to its clients and better understand and meet their needs it will also enable the establishment of stronger partnerships with local European suppliers.

Mr. Maitland explained that where other providers just offer their standard systems and their set of standard components, Bronswerk Group provides the engineering know-how to custom design the Heating and Cooling Ventilation System that meet the very specific needs of each client within their budget. He emphasizes that Bronswerk Group also has the savvy and experience in designing some very sophisticated and specialized components that make up their systems.

“We believe this unique approach will maintain Bronswerk Group’s leadership position. It's a stronger service offering than what is currently available."

About Bronswerk Group:

Bronswerk Group is a full-service HVAC & R Engineering firm offering complete turn-key projects from system and component design, material supply and installation to commissioning and testing and after sales service.

Clients include:

• Fincantieri (Italy), Aker Finnyards (Finland), Alabama Shipyard Inc., Chengxi Shipyard Co. (China), Direcktor Shipyard, Kvaerner Philadelphia Shipbuilding Inc., Nichols Bros Boat (USA), Senesco Marine, Todd Shipyard (USA), Victoria Shipyard (Canada), VT Halter Shipyard (USA), Astimar, Atlantic Marine Inc. (USA), Austal Shipyard (USA), DRS Technologies (Canada), Hudong Zhonghua Shipyard (China), Imtech Marine, Stork BV (Netherlands), Thales Nederland BV (Netherlands)

Contact Information:

Markus Möller

Director Engineering

Cell + 49-151 40442795

markus.moeller@bronswerkgroup.com

www.bronswerkgroup.com

Stephan Erikson

Sales Director

Cell + 49-151 41814890

stephan.erikson@bronswerkgroup.com

www.bronswerkgroup.com

Ron Foti

General Manager – Germany

Cell +49- 176 616 89267

ron.foti@bronswerkgroup.com

www.bronswerkgroup.com

Come meet the members of our German team at SMM, hall/stand B7/83