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2010-05-26 - Cold Jet Expands With New President - Dry Ice Manufacturing Systems

Experienced strategic business professional to lead growth in Cold Jet's dry ice production business

CINCINNATI - May 26, 2010 - Cold Jet, the world leader in environmentally responsible dry ice blast cleaning and production technology, today announced the appointment of Rick Stepien to the newly created position of President - Dry Ice Manufacturing Systems. Stepien will be responsible for developing the dry ice production market worldwide as well as serving as a member of the Senior Leadership Team. Stepien joins Cold Jet from CONTECH Construction Products where he served various roles, including most recently as Chief Marketing Officer.

"The partnership brings together the global leader in dry ice blasting with Switzerland's industrial cleaning technology expert," said Dietmar Juchmes, General Manager Cold Jet Deutschland. "Our systems complement Cleanso-Tec's tailor-made cleaning solutions, and provide Swiss companies with an alternative, environmentally responsible cleaning technology that has proven effective in a variety of environments and applications for nearly 30 years."

Prior to his role leading the CONTECH marketing organization, Stepien held roles as President - Stormwater Solutions Division and Senior Vice President - Marketing within CONTECH. He also spent 17 years in a variety of general management, marketing and sales positions with General Electric. While at both CONTECH and General Electric, Stepien successfully lead multi-million dollar growth initiatives.

"Rick brings to Cold Jet a wealth of corporate growth strategy experience, as well as proven leadership capabilities," said Gene Cooke, President and CEO of Cold Jet. "We are extremely excited for Rick to apply his expertise and knowledge to expand our global dry ice production reach. This business segment has very high growth potential, and I am confident that Rick can help us meet our goals."

Stepien holds a BS in Mechanical Engineering from the University of Notre Dame and an MBA in Business Administration from the University of Michigan. He is certified in Six Sigma. Stepien is also closely affiliated with several professional groups, including the Young Presidents Organization (YPO) and the Manufacturers Alliance Marketing Council and participates on a number of company and non-profit boards.

"Cold Jet has already achieved global leadership in dry ice blasting and manufacturing technology," stated Stepien. "Now, it is our goal to leverage our high-quality equipment to expand our worldwide dry ice production reach. The dry ice manufacturing segment has great growth potential and this is a fantastic opportunity to leverage my experience to share this innovative technology. I am very eager to to be a part of the Cold Jet team and to share in their successes."

About Cold Jet

Since 1986, Cold Jet has developed innovative, environmentally responsible cleaning solutions that help companies reduce maintenance costs, enhance product quality, prolong equipment life, and improve productivity and worker safety. Cold Jet's extensive line of dry ice blasting systems are used around the world in a variety of industries, making productive use of recycled carbon dioxide while eliminating the need for chemicals and water in the cleaning process. In addition to its dry ice-based cleaning systems, the company's dry ice production equipment is used by every major gas company worldwide to produce the highest density dry ice available. Cold Jet is a private company with global headquarters in Loveland, Ohio and international operations in Europe, Asia, Middle East, Canada and Mexico. For more information, visit www.coldjet.com or call 1-800-337-9423.

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