Press Release August 1, 1997

FOR IMMEDIATE RELEASE

New Milford, CT (August 1, 1997) --The Hook Appropriate Technology is pleased to introduce its first spinoff company, Pintite Corporation [http://www.pintite.com]. Pintite Corporation today announced the long awaited initial production of its PINTITE SS™ Can’t Loosen Clamp, a high performance all stainless steel worm gear hose clamp.

The Pintite SS™ clamp is a significant departure from previous fasteners. ITS MAIN FEATURE IS A PATENTED POSITIVE LOCKING ASSEMBLY WHICH PREVENTS LOOSENING UNDER VIBRATION. It combines the best features of traditional worm gear hose clamps (ease of use and adjustability) with the important benefit of crimp-on, spring and constant tension clamps (resistance to loosening). The Pintite SS™ clamp offers the best of both of these previously separate types, plus all-stainless steel construction and a strong embossed band with smooth rounded edges.

The Pintite SS™ screw is locked using a cotter pin during installation, preventing the screw from ever ‘backing out.’ "It plain can’t move after installation, even under vibration. But, you can pull out the cotter pin to change hoses or applications --that’s the beauty of it, it’s semi-permanent with permanent quality!" said Jerry Glazman, Executive Vice President.

Market interest has been much greater than expected: "…we are flooded with response; we have had potential customer inquiries from all over the world, over fifty FORTUNE 500 companies, every branch of the US Armed Services, every major aerospace company in the US and Canada, and companies in 25 foreign countries," said Laura Ritter, VP of Business Development.

Pintite SS™ production couldn’t come too soon. "We are just thrilled. We announced the clamp in 1995. We received our first patent in 1996. And now, in 1997, we are in production. It’s been a long road, but very gratifying. Our customers said they really needed the inherent safety and reliability of our product, and we are committed to producing a product of extremely high quality. Our production facility is aerospace certified," said Harold A. Meyer III, President.

GENERAL AND PUBLIC RELATIONS CONTACT: Laura Ritter, VP Business Development 1-888-PIN-CLAMP

AEROSPACE CONTACT: Bill Paskowski, VP Aerospace Division 1-888-PIN-CLAMP

PURCHASE ORDER FAX NUMBER: 1-888-FAX-4-PIN

WEB: http://www.pintite.com

EMAIL: clamps@pintite.com

LAR/ MAMv4.0/81974

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