Dear Valued Business Partner,

Schenck Process, Stock and Applied Plasma Physics AS join forces

We are pleased to announce that after many years of successful collaboration with the ModuPower™ High Frequency Switch Mode Power Supply technology, Applied Plasma Physics AS and Schenck Process, with its daughter company Stock Equipment, have now combined their expertise effective 23rd December 2013. APP continues its business in Norway under the Schenck Process Norge AS and is a wholly owned subsidiary of Schenck Process Holding GmbH.

The integration of APP into the Schenck Process Group will not only bring the company a new name, but also considerable competitive advantages by consolidating their position as a supplier of ModuPower™, and other environmental solutions based on non-thermal plasma and UV, into a global network of facilities and expert associates across many industries. We have also strengthened our presence in the market by expanding our international footprint, and we will have more opportunities to support our customers and business partners in the ongoing development of their processes. Our new organization is able to provide a wider and more diverse range of services than ever before.

Our customers and business partners are the single most important focus for us, and we write to inform you of these recent changes due to your existing relationship with Schenck Process, Stock or APP. As one of our valuable partners, you will clearly benefit from this development, and we will continue to serve you in the best possible way.