Selas Heat Technology Company LLC Acquires Webster Engineering

Streetsboro, OH – Selas Heat Technology Company LLC (“Selas”) announces today that it has completed the purchase of Webster Engineering Manufacturing Co. LLC (“Webster”) based in Winfield, Kansas. Webster is a leading designer, manufacturer and marketer of custom and semi-custom multi-fuel boiler burners for the commercial, institutional and industrial markets. The Company’s burners combine advanced control technology with proven combustion performance to provide the heat source for the transformation of water to potable hot water, hot water for heating, and steam for heating and process applications. For over three decades, Webster’s proven designs have helped customers reduce emission levels, and provided higher efficiencies for new systems as well as replacement installations. Webster’s most recent innovation, the patented Temp- A-Trim® system, senses combustion air temperature and automatically controls the fan speed to create a constant air flow mass for combustion, thereby maintaining optimum fuel/air ratios to enable maximum burner efficiency.

“Selas continues to expand its technology portfolio thereby further enhancing our World of Combustion Solutions available now to a broader customer base. Complementing Selas’ deep heritage in process heating markets (furnaces, ovens and open-firing systems), Webster’s penetration in the boiler burner market segment positions Selas closer to achieving it its strategic goal as a leading edge single source for all combustion technologies,” said David S. Bovenizer, CEO of Selas and Founder of Lionheart V entures.

ABOUT SELAS. Selas Heat Technology Company LLC has been dedicated to providing quality heat technology solutions since 1896. Selas has served the advanced thermal processing needs of tens of thousands of customers, providing mixers, blowers, balanced zero-ratio regulators, valves, air heaters, flame safeguard devices for single and multi-burner applications, nozzle-mix family burners (dual and single fuel package, velocity, self-recuperative, immersion tube), pre-mix family burners (including radiant flame shape Duradiant® furnace burners for 1450°C, ceramic and surface emitting infra- red, ribbon, and tunnel), ultra-low NOx flat flame burners, oxy-fuel burners, combustion gas mixers, gas blender valves, flame arrestors and blowouts, BTU monitors and controls, flow meters, and much more. Selas burners can fire a wide range of fuels from gases (natural gas, propane, butane, methane, hydrogen) to oil to biofuels to pulverized coal/wood in ranges from <10,000 Btu/Hr to 20,000,000 Btu/Hr. Mixing and blending products include PosiMix® combustion controllers and air-fuel mixing systems as small as the midget mixer, fuel stabilization systems (Trim-Blend®) and BTU Monitoring device Qual-O-Rimeter®. Selas delivers heat technology solutions to the glass, fiberglass, steel, ferrous and non-ferrous metals, wire, chemical, petrochemical, automotive, paper, plastics, ceramics, heat treating , textiles, food processing, baking, powder coating, line painting, curing and coating (metals, paper and a variety of substrate) laminations and boiler industries with the highest quality products, customer service and aftermarket support.

ABOUT LIONHEART VENTURES Lionheart Ventures is a Philadelphia, PA based private equity group with the mission of creating strategic and operational value for manufacturing businesses to unlock growth potential.

For more information, contact Vanessa Mai, Executive Vice President, Selas Heat Technology Company LLC, 11012 Aurora Hudson Road, Streetsboro, OH 44241.

• Tel: 800-523-6500                              • Fax: 215-646-3536

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