COHT Cohesant Tech (MM)

Cohesant Technologies Inc. (Nasdaq: COHT) today announced the addition of Mr. Michael A. Ruby as Vice President, Global Sales and Marketing of its GlasCraft Inc. subsidiary. Mr. Ruby will head up the GlasCraft Sales and Marketing team that includes Michael Keegan, Director of Sales and Steve DeReu, Marketing Coordinator. He will direct, coordinate and accelerate the core business growth of GlasCraft around the world. Morris Wheeler, Acting President of GlasCraft and CEO and President of Cohesant comments, "Michael's expertise in strategic marketing and value added selling will stimulate and expand our global market share as well as complement the GlasCraft name as the industry leader and developer of innovative dispensing equipment technologies. We are glad to finally fill one of the key roles that has been vacant since the death of Richard Mordarski." Mr. Ruby has an extensive business development background and has previously held a variety of global sales, marketing, and management positions in the industrial manufacturing and specialty chemicals industries. He holds a B.S. in Mechanical Engineering from UCLA and an MBA from Kellogg School of Management at Northwestern University. Michael will conduct business from GlasCraft's corporate headquarters located in Indianapolis, Indiana. Cohesant Technologies Inc., based in Indianapolis, Indiana, designs, develops, and manufactures specialized dispensing equipment and specialty coating products, performs renewal and rehabilitation of plumbing lines and licenses proprietary technology in the renewal and rehabilitation markets, under the Cohesant Materials, CuraFlo, GlasCraft, and Raven trade names. These systems and products offer innovative lining technology providing corrosion protection and renewal of infrastructure in commercial, institutional, municipal and residential sectors of the water, wastewater and industrial markets. Certain statements contained in this report that are not historical facts are forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statement. These risks and uncertainties include, but are not limited to, a slow-down in domestic and international markets for plural components dispensing systems, a reduction in growth of markets for the Company's epoxy coating systems, customer resistance to Company price increases, the successful integration of the CuraFlo acquisition and CuraFlo's ability to expand its licensing and rehabilitation business.