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From: Bucky Katt8/15/2005 10:02:22 AM
   of 48461
 
Former $2 something to $15 something superdog COHT has news>
Cohesant Acquires CuraFlo Technologies

(as George Costanza once said, "it's all pipes!")

Cohesant Technologies Inc. (NASDAQ:COHT) today announced that it has completed the purchase of the operations and assets of CuraFlo Technologies Inc. The transaction represents a significant step in the execution of Cohesant's long-term strategic plan to be a global leader providing technologies for infrastructure renewal and protection.

CuraFlo, currently based in Vancouver, Canada, is North America's leading licensor of technology for the renewal and rehabilitation of small diameter water pipes. The process is used to rehabilitate aging water pipes in apartment buildings, private homes and other commercial, industrial and residential buildings. This unique process is a modern alternative to the expensive and time consuming previous process of tearing out and replacing the old pipes. CuraFlo also provides equipment, epoxy and other supplies to its licensees. CuraFlo's contracting unit performs restoration, protection and replacement of plumbing lines in Western Canada and the United States.

The integration of CuraFlo into Cohesant's brand portfolio enables the Company to extend its infrastructure protection and renewal offerings beyond its current municipal focus by adding CuraFlo's industry leadership position in the commercial and light industrial sectors and its operations in the residential sectors. The acquisition furthers Cohesant's strategy for growth through steady organic expansion supported by select acquisitions.

"We are extremely excited about the technology and market growth potential that the acquisition provides," stated Mr. Morris Wheeler, Chief Executive Officer of Cohesant Technologies Inc. "CuraFlo complements our Raven Lining Systems operations by extending our experience in the rehabilitation of water infrastructure systems into the commercial and residential water distribution markets. Over the past several years, CuraFlo has used Raven epoxy to establish North American leadership in the licensing of rehabilitation technology for use in the commercial markets."
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