OPWFTG NEWS | January 12, 2009

OPW Engineered Systems Acquires Hiltap Fittings

Acquisition broadens OPW product line in high/low temperature and pressure applications

Lebanon, OH – OPW Engineered Systems, a division of OPW Fluid Transfer Group, announced today that it has acquired privately held Hiltap Fittings, a leading supplier of high/low pressure and temperature fittings. The terms of the transaction were not disclosed.

Hiltap Fittings Ltd., based in Calgary, Alberta, is a strategic addition to the full line of quick and dry disconnect couplings offered by OPW Engineered Systems and broadens its full line of fluid transfer products. OPW will build upon Hiltap's reputation as a global leader in high/low temperature and pressure sealing technologies to meet the ever-increasing demands for safe, economical, reliable and both environmentally and operator friendly connections and product recovery systems.

"The completion of this acquisition represents a significant strategic step for OPW Engineered Systems to accelerate growth in our core quick and dry disconnect business," said Tim Warning, President of OPW Fluid Transfer Group. "Today, we significantly increased the depth and breadth of solutions that we have to solve the many needs of the markets we serve. With our sales channels around the globe, we look to significantly grow this business."

Warning continued, "We are now squarely focused on quickly seizing the attractive opportunities this transaction has created for us to increase top-line growth as well as achieving significant cost synergies in a number of areas. With the Hiltap acquisition now complete, OPW Engineered Systems is a stronger, more broadly based company than ever before, with increased capacity to reach new customers and the ability to provide current customers with enhanced products."

For more information on OPW Engineered Systems' products, please visit www.opw-es.com. For more information on Hiltap Fittings' products, please visit www.hiltap.com.

OPW Engineered Systems is a leading manufacturer of systems for the safe and efficient loading and unloading of hazardous materials. OPW Engineered Systems is part of OPW Fluid Transfer Group. Organized in 1998 and part of Dover Corporation, OPW Fluid Transfer Group is comprised of six market-leading operating companies – each dedicated to designing, manufacturing and distributing world class solutions that assist in the safe handling and transporting of hazardous bulk products. The Group is comprised of three market units: Chemical and Industrial, Rail and Cargo Tank, and six market-leading operating companies: OPW Engineered Systems, Midland Manufacturing, Civacon, Knappco, Sure Seal and OPW Fluid Transfer Group – Europe. The company has manufacturing plants in North America, Europe, Brazil and India; it has sales offices in the United Kingdom, Singapore, and Shanghai. For more information, please visit www.opw-es.com or www.opwftg.com.