Babcock Power Inc. Names Stephen Kapsalis as Chief Operating Officer

July 21, 2009

Danvers, MA – Babcock Power Inc., based in Danvers, MA, announced today that Stephen Kapsalis will be joining Babcock Power Inc. as the company’s Chief Operating Officer. In this role, he will report to Michael LeClair, President and CEO of Babcock Power Inc. Mr. Kapsalis most recently served as the President and Chief Executive Officer of AAF International. AAF International, based in Louisville, KY, is a global leader in the manufacturing and sales of air filtration systems.

Mr. Kapsalis is a graduate of the University of Pittsburgh, Johnstown, where he received a Bachelor of.Science degree in Civil Engineering Technology. He has completed graduate studies towards a Master’s in business administration at Augusta College in Augusta, Georgia and graduate courses in Structural Engineering at the University of Louisville Speed School of Engineering.

“Steve brings to Babcock Power twenty-eight years of global experience in the mechanical, environmental and power sectors. His leadership and successes in the global environmental, power and industrial markets make him the ideal candidate to champion Babcock Power’s successful track record of project execution as well as the continued expansion into international markets,” stated Mr. LeClair.

Babcock Power Inc.,, through its subsidiaries, is one of the world’s leading suppliers of technology, equipment, and services to the power generation industry. Babcock Power subsidiary companies include; Vogt Power International Inc. (Louisville, KY), Thermal Engineering International (USA) Inc. (Santa Fe Springs, CA), Babcock Power Environmental Inc., Riley Power Inc. and Babcock Power Services Inc. (Worcester, MA), Boiler Tube Company of America (Lyman, SC), and TEi Construction Services, Inc. (Duncan, SC).