Asco Press Release

W&O Supply selected as a Master Stocking Distributor for ASCO's line of Navy Solenoid Valve Products.

Jacksonville, FL - August 2004, W&O Supply, the nation's largest supplier of marine valves, pipes, fittings and valve automation services, has been chosen as a master stocking distributor for ASCO Valve's line of Navy solenoid valves. A worldwide leader in the design and manufacturing of solenoid valves, ASCO Valve Inc. also selected W&O Supply as a full-line factory authorized distributor of valve products and valve monitoring systems focusing on Navy, commercial marine and cruise line industries.

As a master stocking distributor for ASCO's Navy solenoid valves, which are electronically operated control devices, W&O Supply will offer a comprehensive inventory, highly competitive prices, factory trained personnel and on-site service support from its extensive 13-office network. For customers of ASCO's valve and valve monitoring systems, W&O Supply will provide full valve automation capabilities and product specification assistance.

"By linking the highest quality valve manufacturer in the world with the maritime industry's leading supplier of pipes, valves and fittings, we will provide exceptional products as well as one point of contact, world-class expertise and an unparalleled support network," said Jonathan Haigh, ASCO's manager of channel development.

About W&O Supply

Founded in 1975, W&O Supply is the largest supplier of marine valves and piping related products in the United States. With 13 offices around the country, the company is committed to serving as the premier provider of total piping solutions for the marine industry. W&O Supply's customer base represents all aspects of the maritime industry including the US Navy, commercial shipping companies, barge owners, cruise companies, and shipyards all across North America and Europe. For more information, visit www.wosupply.com.

About ASCO Valve Inc.

ASCO is the leader in the design and manufacturing of solenoid valves. The company combines more than 100 years of experience with innovative technology, engineering expertise and commitment to serve its customers. In 1910, ASCO became the first company to develop and manufacture an electrically operated control device known as the solenoid valve. ASCO has served the Navy for over 65 years. ASCO continued its development activity in these product areas and today manufactures products designed to control and monitor the flow of air, gas, water, oil and steam. For more information, visit www.ascovalve.com.