CCI Thermal Technologies Inc.

CCI Thermal Technologies Inc. Acquires the Assets of Fastrax® Industries Inc.

Edmonton – December 17, 2012 - CCI Thermal Technologies Inc., a leader in advanced heating and filtration solutions, is pleased to announce the acquisition of the assets of Fastrax® Industries Inc., located in Denver, Colorado. Fastrax® is the leading supplier of efficient, engineered electric rail heating systems.

Fastrax® was established in 1995 and revolutionized the railroad track and switch heating industry with the introduction of environmentally friendly, flat electric heating technology.  Fastrax® products provide the most efficient heat transfer for rail track and switch equipment and are designed for low maintenance and long life even in the harshest conditions. The company is renowned for its patented Switchblade® heater and patented spring tension clamp.  Fastrax® also custom designs and manufactures energy saving automated control systems.

“This acquisition strengthens our position in the rail and transit industry,” says Harold A. Roozen, Chairman and CEO of CCI Thermal, “We are excited to welcome Fastrax® to the CCI Thermal family and pleased that Dave Reichle will remain in an advisory capacity to ensure a seamless transition.”

“Being part of CCI Thermal is a natural progression for our company,” says Dave Reichle, Chairman and CEO of Fastrax®. ”This ensures that Fastrax® will remain at the forefront of innovation and technical support in rail heating.”

As a leader in heating and filtration solutions, CCI Thermal Technologies Inc. is committed to ongoing research, product development and, above all, excellence in customer service.  With facilities across North America, CCI Thermal manufactures six of the top brands in industrial heating in addition to a comprehensive line of engineered industrial filtration products including:

Cata-Dyne™ Explosion-Proof Gas Catalytic Heaters
Ruffneck™ Heaters for the Harshest Environments
Caloritech™ Engineered Electric Heat
Fastrax® Track and Switch Heaters
3L Filters™ Engineered Filtration Systems
Norseman™ Electric Explosion-Proof Heaters
DriQuik™ Infrared Oven Components

For more information on CCI Thermal Technologies Inc., please visit ccithermal.com or contact:

Bernard C. Moore, P. Eng., President & COO
CCI Thermal Technologies Inc.
Phone: (780) 466-3178
Fax: (780) 468-5904
Email: berniemoore@ccithermal.com

Dave Reichle, Chairman & CEO
Fastrax® Industries Inc.
Phone: (303) 979-7339
Fax: (303) 979-7350
Email: dreichle@fastraxind.com