SHAKER HEIGHTS, Ohio, January 23, 2002 The former Employees of M&M Engineering Petrochemical Group, a division of Structural and Materials Reliability Technology, Inc., announced today that they acquired the assets, including all existing contracts of their former business unit, effective January 2, 2002. Structural and Materials Reliability Technology, Inc., was a subsidiary of The Hartford Steam Boiler Inspection and Insurance Company of Hartford, Conn. at the time the assets were acquired. The former employees of M&M Engineering Petrochemical Group will continue to offer the same services through a new corporation, The Equity Engineering Group (E2G) Inc. The new corporation is headquartered in Shaker Heights with employees located in Houston,Tx and Elkton, Md. We look forward to continued progress as the leading consulting company for technology and advice in the area of aging petrochemical and refinery equipment, said David Osage, president of The Equity Engineering Group. Our team possesses the unique qualities of leading edge technology developers with the ability to provide practical, cost-effective solutions for our customers. The Equity Engineering Group helps clients minimize operational risks and optimize equipment availability. The company provides software products, equipment integrity benchmarking services and courses in association with the American Petroleum Institute. For more information about The Equity Engineering Group visit its website at www.equityeng.com

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