CONNEX SVT

PRESS RELEASE- July 2004

CONNEX SVT CHOSEN FOR THIRD USA LNG IMPORT TERMINAL

ConnexSVT announces the receipt of an order from CB&I for the CMS Trunkline Expansion project in Lake Charles, LA. A total of 4-16" Model Atlantic marine loading arms will be manufactured at the SVT plant in Germany. The arms will be equipped with SVT's proprietary Emergency Release System and QuickConnect/DisconnectCouplings. The design temperature that the equipment must withstand is -325º F.

At present, there are only four LNG import terminals located in the USA. Three of them will now be equipped with SVT loading arms. Dominion's terminal at Cove Point, Maryland includes a total of eight SVT arms. SLNG's Elba Island terminal in Savannah, Georgia has a total of five SVT arms operational since the plant was re-commissioned in Oct., 2001. Another four arms are currently being manufactured for this terminal's expansion.

Reliability was a key determining factor in the selection of a vendor. The new dock will see almost constant traffic. SVT's successful history as a leader in refrigerated gas transfer dates back to the 1970's. Their ability to manufacture in-house the Loading Arms, Emergency Release System and the QuickConnect/DisconnectCoupler streamlines the production schedule as well as simplifies the warranty.

ConnexSVT is a wholly owned subsidiary of the GESCO-Group's SVT Division. GESCO- Group is a publicly traded firm on the German Stock Exchange.

PRESS RELEASE- Oct.1,2003

SVT BOOKS ANOTHER LNG ORDER

ConnexSVT Houston announces the successful negotiation of another LNG order through the major EPC firm, Chicago Bridge & Iron. A total of five 16" arms will be built and delivered to Southern LNG's Elba Island Terminal located in the Southeastern USA.

SVT originally supplied five LNG arms to the terminal in 2001. Southern LNG stated that key factors in the decision to again purchase from SVT were the ease of operating and maintaining the arms, the inherent safety of the design, and the factory responsiveness on the previous order.

Sensing the need in the 1970's to improve the safety of cryogenic transfer lead to the development of the Model Atlantic, specifically designed to control the dynamics of thermal movement and stress. Time and again, its streamlined light weight saved money on both the loading arm purchase and the via the reduced load requirements on the dock structure.

ConnexSVT is a wholly owned subsidiary GESCO- Group's SVT division. GESCO-Group is a member the German Stock Exchange.

PRESS RELEASE- May 16, 2003

New Business

ConnexSVT announces the receipt of two new LNG loading arm orders through its Houston offices. Both were placed by the major international engineering firm, Bechtel.

Production is under way for the first order of 3- 16" arms complete with SVT's proprietary Emergency Release System (full bore) and Quick Connect/ Disconnect Couplers. The end-user will be Egyptian LNG at the Port of IDKU.

The second order is for Train 1 of the Darwin, Australia LNG project. Again, three 16" Model Atlantic LNG arms complete with ERC's and QCDC's will be delivered. The Model Atlantic is especially suited for cryogenic applications as the product carrying piping is allowed to automatically rapidly expand/contract with temperature changes.

SVT, with its history of successful projects in Australia, was especially qualified to understand and meet the stringent requirements of the Australian Codes and Standards. The last three years SVT has delivered or has in current production over thirty 16" LNG loading arms.

PRESS RELEASE- August 16, 2002

Tandem Loading Arm Design Proves It’s Merit

In 1991 ConnexSVT delivered twelve Marine Loading Arms to a major Petrochemical Plant located on the Texas Gulf Coast. Due to increased traffic at the terminal a new dock expansion was planned. The customer called ConnexSVT in at the design phase.

The expansion was a major capital expenditure requiring the Port Authority to issue bonds for financing. Initial plans were to install four additional loading arms with space for future expansion. The SVT team reviewed the loading parameters and suggested the use of its Tandem Loading Arm. This model allows for the combination of two separate product lines on one loading arm’s footprint.

In choosing the Tandem model, the customer and Port Authority were able to significantly reduce the cost of the project. The dock length was reduced by approximately one-half. The price of the two tandem arms proved to be 35% less than a four arm installation.

Building Codes along the Gulf Coast of the USA had become more stringent over the last decade. The original loading arms were designed to withstand winds of 90 mph. The new Code requirements raised this wind speed to 135 mph. Normally, this would have resulted in an increased cost to not only the loading arms, but also to the supporting jetty as well. However, with SVT’s new streamlined design and reduced overturning moment, the code change did not affect these prices.

It should be noted that the Tandem Arm design is not suitable for all applications. Only one of the product lines can be connected at a time. Multiple connections can be made with two separate Tandem arms. Clashing analysis will be performed by the manufacturer to ensure the safety of the design for the application.

SVT was recently acquired by GESCO AG, listed on the German Stock Exchange. GESCO was attracted to SVT’s strong historical growth and earnings. The order was negotiated by and placed on its Houston based subsidiary, ConnexSVT, Inc. This USA based office was opened in 1985 to better serve the needs of the Americas as well as show SVT’s commitment to the Western Hemisphere.

PRESS RELEASE- June 24, 2002

CONNEX SVT Inc. announces the successful completion of an order in only five months manufacturing time for 10- 16” Marine Loading Arms destined for Aruba. Products to be handled are crude oil, diesel and VGO. The necessity for the quick delivery was due to grave customer concerns regarding the safety of older, worn out equipment.

SVT showed its flexibility in mounting the new arms onto the existing footprints of the original loading arms of other manufacturers, adding increased arm length to accommodate larger vessels, all the while keeping the dock loads below the original design parameters.

The Marine Arms were built at SVT’s plant in Schwelm, Germany. With an annual capacity of approximately 80 Marine Arms a year, the plant specializes in producing a sophisticated streamlined design.

SVT was recently acquired by GESCO AG, listed on the German Stock Exchange. GESCO was attracted to SVT’s strong historical growth and earnings. The order was negotiated by and placed on its Houston based subsidiary, CONNEX SVT, Inc. This USA based office was opened in 1985 to better serve the needs of the Americas as well as show SVT’s commitment to the Western Hemisphere.

PRESS RELEASE- December 13, 2001

SVT marine loading arms of Germany announces the following terminals will be equipped with 16-inch model Atlantic LNG loading arms. All feature their own design of Emergency Release Coupler (DBV/ERC) and Quick Connect/Disconnect Coupler (QC/DC).

EGE GAZ, Aliaga, Turkey. A quantity of four loading arms for an import terminal in Turkey marked SVTs’ entry into the 16-inch cryogenic market. CB & I handled the plant engineering on the project. It will serve the region as well as the national grid.

Southern LNG, Elba Island, Georgia USA. A palm oil barge ran into El Paso’s LNG receiving dock at their Elba Island terminal that was scheduled for renewed import. Time was of the essence as the owner was obligated by federal order to start the new service in the first quarter of 2002.

SVT was able to build five 16-inch LNG arms complete with their own ERCs, QC/DCs and Constant Position Monitoring System in only five months and at significant cost savings. Jacobs Engineering acted as the Engineering Consultant on the project.

Williams Gas Pipeline, Cove Point, Maryland USA. Williams Gas Pipeline has placed an order for eight new 16-inch SVT unloading arms complete with the latest safety and technological advancements for installation at their Cove Point LNG facility in Maryland (USA). The order was placed in July for delivery in December, 2001.

Sines LNG Terminal, Portugal. The most recent order in house is for four 16-inch LNG arms destined for Portugal. The Consortium of Tractebel, Entrepose and Somague, being the EPC contractor chose SVT against heavy international competition due to the state of the art design of the loading arm. Its streamlined Atlantic design proved to be substantially lighter than alternative designs. SVT saves customers money not only with a competitively priced loading arm package, but also with a lighter loading arm design that allows for less expensive jetty design.

SVTs references for cryogenic loading arms date back to 1979. It has been on the leading edge of technological developments. Its Emergency Release Coupler set the standard for upgrading safety at terminals throughout Europe. Its ability to produce complete LNG loading arm systems under one roof sets it apart.

For further information on SVT equipment, contact:
SVT GmbH Loher Strasse. 1 D-58332 Schwelm Germany Tel. (+49) 2336/443-0 Fax (+49) 2336/443-100 Email: info@svt-gmbh.com	Connex SVT, Inc. 3402 Torchlite Terrace Lane, Suite D Katy, TX 77494 Phone 281-391-1244 Fax 281-391-1246 br> E-mail: info@connexsvt.com