ATI participates in Foundation Ceremony of Honghua Group Investment & New Products Launch in Sichuan, China…AUGUST 2010

During August 25th to 28th, a delegation from ATI consisting of Robert Andrews – President & CEO, Eric Kruseman – VP of Finance & CFO, Li Chaoyan – Vice President of Business Development, Moyses Lachter – Brazil Country Manager and Sun Jianguo – Project Manager, participated in Honghua’s New Product Launch Exhibition held in Chengdu, Sichuan, China (Honghua’s Corporate Headquarters) and Guanghan, Sichuan (location of their main plant).

Among the new products unveiled there were Coiled Tubing Drilling Unit, “Super single” Drilling Rig and Direct Drive Quintuplex Mud Pump.

In addition to attending the above event, ATI participated in several meetings held between Honghua and ATI’s customer Queiroz Galvão Óleo e Gás S.A. (QGOG) on the progress of the construction of three Heli-transportable rigs being manufactured for QGOG to operate in Brazil’s Amazonian Basin.

To Jorge Rosario Hernandez

Technical Supervisor

To Estefania Morales Guzman

Executive Assistant

To Martha Mendoza

Accountant

To Edgar Capaceta Hernández

Chief Engineer and Project Manager

To Dalia Guzman

Villahermosa GM

To William Maidla

SVP & COO

To Ruth Gisela Cantarero

Executive Assistant

To Jose Leon Ascencio

Logistics

To Leticia Badillo

Accounting Manager - Mexico

To Moyses Lachter

Country Manger in Brazil

To Robert P. Andrews

President and Chief Executive Officer