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NATCO Group Inc. Names Sr. V.P. European Operations

Thu. July 31, 2008; Posted: 05:43 PM
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HOUSTON, Jul 31, 2008 (BUSINESS WIRE) -- NTG | Quote | Chart | News | PowerRating -- NATCO Group Inc. (NYSE:NTG) announced today that Richard "Rich" Leong has joined the Company as Senior Vice President, European Operations.

"We are pleased that Rich has decided to make NATCO the next step in his impressive career," said John U Clarke, Chairman and Chief Executive Officer of NATCO. "Rich comes to NATCO with more than 30 years of business management experience. He will be responsible for all of NATCO's operating entities in Europe. He brings to us a wealth of experience including business development and general management skills and broad knowledge of energy equipment technology and services. He has a notable track record of leading growth initiatives in global markets. We are looking forward to having Rich on our management team as we continue to advance NATCO into new regional markets."

Recently, Rich served as a member of the senior management team at Exterran Holdings, Inc. in Houston, and prior to this, he served as President, Asia Pacific Division of Universal Compression in Singapore, focused on regional strategies and global business development.

Mr. Leong holds a Bachelors of Science degree in Mechanical Engineering from the Indiana Institute of Technology.

NATCO Group Inc. is a leading provider of process equipment, systems and services used in the production of oil and gas. NATCO has designed, manufactured and marketed production equipment and services for over 80 years. NATCO production equipment is used onshore and offshore in most major oil and gas producing regions of the world.

Statements made in this press release that are forward-looking in nature are intended to be "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and may involve risks and uncertainties. Forward looking statements in this press release relate to contract performance, future capacity expansion and fabrication facility plans. These statements may differ materially from actual future events or results. You should refer to documents filed by NATCO with the Securities and Exchange Commission, including its annual and quarterly reports, which identify significant risk factors that could cause actual results to differ from those contained in our forward-looking statements.

SOURCE: NATCO Group Inc.

NATCO Group Inc., Houston VP, Marketing & Communications Cheryl Chartier, 713-849-6275 cchartier@natco-us.com or VP, Finance Andy Smith, 713-849-7796 asmith2@natco-us.com

For full details on Natco Group Incorporated (NTG) click here. Natco Group Incorporated (NTG) has Short Term PowerRatings of 7. Details on Natco Group Incorporated (NTG) Short Term PowerRatings is available at This Link.

    


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