Dec. 17, 2007

Mustang Gas Compression Ltd.

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Houston, has announced that it has been acquired by Hoak Fund Inc. and a group of investors and industry executives, and is now organized as Mustang Gas Compression LLC. The new owners announced that Mark Story has joined Mustang as president and CEO. Story, a 25-year veteran of the natural gas industry, previously was vice-president of US sales for Hanover Compression.

Mustang Gas Compression LLC provides natural gas compression services to producers and gas gathering and processing operators, with operations currently in the states of Texas, Louisiana, Oklahoma, and Wyoming.

EPD Inc.

Houston, has opened a new manufacturing facility in Yangzhou, China to serve the Pacific Rim shipbuilding market.

EPD Inc. and EPD Asia are global providers of electrical systems integration, and custom designers of power systems for vessels, offshore drilling, alternative energy systems, and industrial facilities.

Varel International

Dallas, has announced completion of its sale to Arcapita Inc., a private equity firm based in Atlanta. Varel’s current executive management team and employees will remain in place.

Varel International is an independent manufacturer of roller cone and fixed cutter drill bits for the oil and gas, mining, and industrial markets.

EMS Group

Houston, has announced that Tony Rizk has joined the company as vice-president of corrosion & integrity services for North America. Rizk holds a master’s degree in civil and structural engineering from California State University, and brings 20 years of corrosion engineering experience to EMS.

EMS Group provides a full range of operations and maintenance services to major pipeline operators, local distribution companies, and independent power, oil, and gas producers.

Industrial Defender Inc.

Mansfield, Mass., has announced a global expansion plan to address growing worldwide demand for cyber security technology and services with the appointment of Donald Simoneau as senior vice-president of worldwide operations. In addition, Jonathan Pollet has been appointed vice-president of North American field operations, and Dan Davis has been named vice-president of international field operations. The company has also established a Singapore sales office to serve the Asia-Pacific region, and appointed Peter Lee as business development manager.

Industrial Defender Inc., formerly known as Verano Inc., is the first company to offer a completely integrated cyber security solution designed to protect the real-time process control and SCADA environment in a flexible, cost-effective platform.