Paul Minter Named TurboTorch's Vice President and General Manager


St. Louis, MO April 23: In a move reflecting the expanding business opportunities in the HVAC and plumbing industries, Thermadyne Industries, Inc., a global leader in cutting and welding products, is launching its TurboTorch line of line of air-fuel and oxy-fuel products as a separate operating unit. The change is a result of TurboTorch's desire to expand its market share by increasing focus on new product development, customer service and support and better service to the plumbing and HVAC market.

Paul Minter will head the new business unit, and has been named Vice President and General Manager of TurboTorch. For the last year, Minter has been the leader of Thermadyne's Specialty Markets group.

"Paul will have full management responsibility for the sales and profitability of TurboTorch and establishing the required business and operating structure," said Thermadyne's Executive Vice President Martin Quinn. "Paul is a seasoned executive and strong leader with a proven track record in senior management positions with prior employers and more recently with Thermadyne in the sales and marketing of TurboTorch."

"Professionals have come to count on TurboTorch's innovative design, engineering and manufacturing," said Minter. "Its contractor training is recognized by North American Technician Excellence (NATE), and it has earned the same loyalty and quality distinction as its affiliated brand, Victor. I am looking forward to taking TurboTorch to its next level of success in the dynamic HVAC and plumbing industries."

TurboTorch , markets the most comprehensive line of air-fuel and oxy-fuel products and accessories of any manufacturer. Its "Swirl-Tip" and "Sof-Flame(TM)" torches and tips are the tools of choice for trade professionals worldwide. The TurboTorch Pro-Line(TM) series torches give operators the added convenience of a self-lighting torch feature. Turbo's premium quality products include tools for Acetylene, LP Gas, MAPP®, and oxy-acetylene applications. Cylinders, hand torch kits, and brazing and soldering alloys complement TurboTorch's equipment offering.

About Thermadyne Industries

Thermadyne Industries, Inc. is owned by Thermadyne Holdings Corporation. Thermadyne Holdings is headquartered in St. Louis, Missouri, is a leading global manufacturer and marketer of cutting and welding products and accessories under a variety of leading premium brand names including Victor®, Tweco®, Arcair®, Thermal Dynamics®, Thermal Arc®, Stoody®, Turbo Torch®, Firepower® and Cigweld®. Its common shares trade under the symbol THMD.OB. For more information about Thermadyne, its products and services, visit the company's web site at www.Thermadyne.com.

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