Additech Announces Next Chapter in Company Leadership

Additech (www.additech.com), North America’s leading outsourced operator of at-the-pump interactive merchandising systems today announced some changes in its leadership team. As part of a development plan that began three years ago when Andrew Austin was appointed President, he has today been named President and Chief Executive Officer of Additech succeeding Ralph Koehrer, who had been Additech’s Chief Executive Officer for the last 6 years. Ralph will remain with the company as a director and as Chairman of the Board. The Board of Directors has also appointed Kirt Scott, Additech’s senior technology executive, as Executive Vice President, and Jim Timmer, Additech’s senior operating executive, as Chief Operating Officer.

“The time has come for me to hand over the day to day responsibility to my colleague and good friend of over ten years, Andrew Austin. We appointed Andy as President in February 2006 with the expectation that, one day, he would take on the CEO role. And I can tell you that, as President of Additech, Andy's support has proved invaluable,” said Ralph Koehrer, Chairman of Additech. “There will be a gradual transition over the next three months or so while Andy settles in to his new responsibilities. My commitment to the success of Additech has not changed in any way; I will just be playing a different role.”

Andrew Austin commented “We are fortunate that we have built a strong leadership team whose skills and abilities complement each other very well. And with our new inFAD technology and our commercial agreement with Dresser Wayne, Additech is entering a new chapter. I want to thank Ralph for his leadership the past 6 years and I look forward to continuing to work with him and to ensure that Additech extends its leading position in the at-the-pump interactive merchandising market.”

Andy joined Additech in October, 2004. In February, 2006 he was appointed as President. Before joining Additech, Andy spent over fifteen years creating successful marketing and business growth strategies for leading Fortune 1000 corporations and early stage ventures. As a management consultant at The MAC Group/Gemini Consulting and Chicago Strategy Associates, Andrew advised senior executives at over 30 Fortune 1000 corporations. He has deep experience creating and implementing market-driven growth strategies across a range of technology, service, and manufacturing industries. Andrew has performed interim marketing and business development line roles on behalf of early stage ventures. Andrew holds an M.B.A. from Kellogg School of Management, Northwestern University and a B.S. from LeMoyne College.

About Additech

Additech, Inc., headquartered in Houston, Texas, is the leading outsourced operator of at-the-pump interactive merchandising systems in North America. Additech’s patented systems, installed on over 4,000 fueling positions, enable fuel retailers to merchandise a variety of products and services to consumers right at the gas pump. The company’s technology seamlessly integrates with fuel dispensers and point-of-sale systems to offer retailers a complete merchandising solution. Additech offers its solutions to fuel retailers on a turnkey services basis, meaning that Additech manufactures, installs, operates, and maintains its equipment on behalf of fuel retailers. Retailers receive a share of Additech’s revenues, without having to make a capital investment while Additech is responsible for operating and maintaining the systems. For more information about Additech and its retailer programs please visit http://www.additech.com.