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Carey Chen Joins Hypertherm Management Team as VP/CFO

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Hypertherm, Inc.
Etna Rd., P.O. Box 5010
Hanover, NH, 03755 0010
USA



Press release date: November 1, 2006

Hanover, NH, USA -Hypertherm, Inc., has introduced Carey Chen as its new Vice President and Chief Financial Officer (CFO). Mr. Chen joined the Management Team in early September, replacing Mike Golden who recently retired.

With a solid background in corporate finance and strong educational credentials, Carey Chen is well prepared for his challenging new role. He will be responsible for all financial and accounting activities at Hypertherm, including financial planning and analysis, budgeting and cash management. His position also gives him leadership responsibility for Financial, Treasury and Information Services.

Before joining Hypertherm, Mr. Chen was VP Finance at Wiremold/Legrand - a leader in wire and cable management solutions headquartered in West Hartford, CT. Previously, he served as VP & CFO for Bayliner Marine Corporation, a division of the Brunswick Corporation. Mr. Chen also has extensive consulting experience with a focus on corporate strategy and development.

Carey Chen earned his undergraduate degree from the University of California at Los Angeles (UCLA). He received his Master's degree in Business Administration (MBA) at the University of Illinois at Champaign-Urbana.

Since 1968, Hypertherm has been the industry leader in plasma arc cutting equipment and service. Now, with its entry into the plate-laser cutting market, Hypertherm expands its technology leadership commitment. By continually delivering breakthrough advances in metal-cutting productivity and precision - first in plasma, now also in laser - Hypertherm reaffirms and extends its position as the world's leading supplier of advanced high temperature metal cutting technology. Hypertherm serves a wide range of industrial metal cutting needs from its headquarters in Hanover, New Hampshire, with subsidiaries, sales offices and partner representation worldwide.

Hypertherm is a registered trademark of Hypertherm, Inc. and may be registered in the United States and/or other countries. All other trademarks are property of their respective companies.
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