Medium and long-term Strategy

Following Admission of it's shares to trading on AIM the Company intends to continue its strategy of widening the range of the Company’s activities, as well as enhancing the profit margin by introducing better working practices. Examples which the Board intends to act upon include:

• The Directors have identified various opportunities to enhance margins by bringing in-house certain activities that are currently outsourced or bought in, for example the manufacture of fittings and the leak testing of ultra large cylinder assemblies.
• The Directors believe that there are opportunities to deliver ancillary services to the Company’s existing customers including in situ testing and recertification, particularly in respect of cylinders on deep-sea drilling rigs.
• The Company is exploring diversifying into different areas of operation, but confining this to activities in which the Company’s core skills and expertise can be applicable, thereby mitigating some of the risk. The Directors have identified criteria which any acquisitions or capital investment would be required to meet.

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Pressure Technologies was incorporated in England and Wales on 2 March 2007 with number 6135104.

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