Joe R. Fowler, P.E., Ph.D. Consulting Engineering Practice February 1, 2005

Stress Engineering Services, Inc. The Company Founded in 1972 Engineering Disciplines: Mechanical Civil Materials Staff Total 190 Engineers 124 (avg. tenure 9 yrs, 2/3 advanced degree) Average Experience of Over 15 Years - avg. Turnover of Engineers is approx. 2% /yr. Annual Sales $40 Million Subsea Testing Pipeline Electrical Marine Chemical Stress Engineering Services, Inc.

Stress Engineering Services, Inc. OFFICE LOCATIONS Office Locations Stress Engineering Services, Inc.

Stress Engineering Services, Inc. Clients 700+ in 2003 All major oil companies, refineries, chemical plants, consumer products, manufacturing, pipelines Stress Engineering Services, Inc.

Stress Engineering Services, Inc. Industries Served Stress Engineering Services, Inc.

Services Organized in Practice Areas All Projects Interdisciplinary Stress Engineering Services, Inc.

Stress Engineering Services, Inc. Major Practices Floating Systems Fitness for Service Test Labs Measurements and Controls Consumer & Medical Products Litigation Support Stress Engineering Services, Inc.

CHARACTERISTICS OF SUCCESSFUL PRACTICES WE LIKE IT “PASSION” WE CAN DO IT PROFITABLY SWEET SPOT WE CAN BE THE BEST AT IT!!!! From “Good to Great” Stress Engineering Services, Inc.

Stress Engineering Services, Inc. TEST FRAMES 4000 kip Frame Sample in bending with tension Stress Engineering Services, Inc.

Stress Engineering Services, Inc.

Stress Engineering Services, Inc.

Stress Engineering Services, Inc. Finite Element Analysis (FEA) Computer-Based Simulation Tool Which Can Model and Predict Static, Dynamic, and Thermal Stresses on Structures and Equipment Stress Engineering Services, Inc.

Stress Engineering Services, Inc.

REMOTE DATA ACQUISITION SYSTEMS Intrinsically Safe with Barriers and Purging Cellular Phone Data Logger Battery Long Term Stress Engineering Services, Inc.

Stress Engineering Services, Inc. Failure Analysis Stress Engineering Services, Inc.

32oz. All Sport Results Validation of simulation with test Top load test Stress Engineering Services, Inc.

Success Factors For Company Technical excellence Client Service “Right stuff on time” Stress Engineering Services, Inc.

Success Factors For New Engineers Technical competence Spirit of service Personal relationship Communication ability Stress Engineering Services, Inc.

Stress Engineering Services, Inc. Consider Graduate School! Experience Years 10 20 30 BS 64.4 83. 92. MS 75.7 106. 109.2 PhD 77. 11.7 141.6 Stress Engineering Services, Inc.

Stress Engineering Services, Inc.

Stress Engineering Services, Inc.

Stress Engineering Services, Inc.