Houston, Texas | April 1, 2004

Dan-Loc Bolt & Gasket, a leading manufacturer of stud bolts and ring-type joint gaskets for the energy industry, announced the appointment of Tom Connolly as President and CEO. Mr. Connolly’s focus throughout his career has been manufacturing. He spent 16 years with Halliburton Energy Services in senior management positions in the manufacturing divisions of the company. Most recently, Mr. Connolly was President and CEO of Precision Tube Technology, Inc., a leading manufacturer of coiled tubing used in oil and gas drilling and production. At Precision, Mr. Connolly led a successful turnaround and sale of the company, then remained to lead the company through substantial growth under its new ownership. Connolly remarked, “Dan-Loc has a long-standing reputation for quality in the marketplace. I am delighted to be part of the company and look forward to helping Dan-Loc realize its full potential.”