Fenner Precision Celebrates Long-Standing Relationship with 2009 Queen's Award for Enterprise

Crux Products Limited Receives the Innovation Award for Its Grout Seal Design

Manheim, PA, July 30, 2009 - Fenner Precision, manufacturer of the Crux Products Limited Grout Seals, congratulates their partner on their recent design accomplishment. With a relationship that formed over 20 years ago, Crux Products and Fenner Precision have developed large diameter seals and diaphragms with the largest seal being 5.3m (or 17.3 ft.) in diameter and the largest diaphragm being 2.6m (or 8.5 ft.) in diameter.

Earlier this year, Crux Products became one of 49 United Kingdom companies to win the prestigious Queen's Award for Enterprise in the Innovation Sector. Their grout seal design received acknowledgement for demonstrating continuous innovation and development, sustained over not less than five years. This design has resulted in improvements in business performance and commercial success, to levels that are 'outstanding for the size of the applicant's operations.' A total of 135 UK companies received a Queen's Award for Enterprise this year. Recipients were notified of their accomplishment in April 2009 and a formal recognition dinner was held earlier this month in London.

Crux Products approached Fenner Precision with their initial grout seal design in the late '80s. Since then, their relationship has expanded to include licensed manufacturing of a variety of products exclusively for them. Time has also seen a collaborative effort to modify processes and materials, offering a superior and/or cost-effective product. "Originally, Crux came to us with a seal design and an idea of what material to use," explained Kevin Walker, Technical Manager for Fenner Precision. "Over time our team has been able to work with them by product testing and suggesting alternative materials or new technologies that continue the evolution of today's grout seals."

Fenner Precision supplies licensed items for Crux Products Limited for use in the Offshore Oil & Gas and Offshore Wind Energy sectors. These products, such as grout seals and buoyancy diaphragms, are used in offshore construction/installation of substructures supporting facilities and turbines in these fields. Crux product offerings, which solely served the oil and gas sector, expanded into the offshore wind energy business about two years ago. Currently, Crux is providing seals for two of the largest offshore wind farms in Europe: Thanet and Greater Gabbard.

According to Mike Bland, founder and managing director of Crux Products, their relationship with Fenner Precision works, in large part, because of Fenner Precision's ability to listen, collaborate, produce, and deliver. "Our resources, expertise, and established supply chains allow us to work with and maintain long-term relationships with companies such as Crux Products Limited," Walker said. "At Fenner Precision, we believe flexibility, attention to detail, and continual awareness to emerging technologies allow us to deliver products our clients desire and service they expect."

About Fenner Precision

Fenner Precision is a global leader in the design and development of belts, pulleys and rollers for multimedia, paper propulsion, motion control and power transmission applications. Fenner Precision products can be found in consumer printers, office machines, mail handling machines and money handling equipment. The company also offers custom-molded, liquid cast polyurethane products for shock dampening and abrasion resistance, as well as squeegee applications. Additionally, Fenner Precision manufactures silicone-molded parts as well as seals and diaphragms for offshore applications. Specialty technical-coated fabrics are produced for low friction and high temperature applications. Fenner Precision is a wholly-owned subsidiary of Fenner PLC. For more information, visit www.fennerprecision.com.

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