LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 132,000 square foot self storage facility in Cambridge, Ontario, Canada with approximately 930 interior climate-controlled units and approximately 320 RV and parking spaces.

The property is located at 111 Savage Drive in Cambridge and was converted to self storage from 2019 through 2022 and is the largest self storage facility within the trade area. It is conveniently located just minutes from the Alison, Galt, East Galt, Fiddlesticks, Greenway-Chaplin, and Christopher-Champlain neighborhoods. Numerous new residential developments of more than 5,000 units are planned within a 10-minute drive of the property.

“This property is well-situated to provide the growing communities of Cambridge with a modern, spacious self storage facility while also driving the potential for stockholder value,” said H. Michael Schwartz, CEO and President of SST VI. “We are pleased to add this top-quality property to our SST VI portfolio and expand SST VI’s footprint in Canada.”

About Strategic Storage Trust VI, Inc. (SST VI):

SST VI is a Maryland corporation that qualifies as a REIT for federal income tax purposes. SST VI’s primary investment strategy is to invest in income-producing and growth self storage facilities and related self storage real estate investments in the United States and Canada. As of December 20, 2022, SST VI has a portfolio of 13 operating properties in the United States comprising approximately 8,660 units and 1,005,000 rentable square feet (including parking); two properties with approximately 2,155 units and 354,850 rentable square feet (including parking) in the Greater Toronto Area; and joint venture interests in two development properties in Toronto, Ontario.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 450 self storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs. As of December 20, 2022, SmartStop has an owned or managed portfolio of 178 operating properties in 22 states and Ontario, Canada, comprising approximately 123,800 units and 14.1 million rentable square feet. SmartStop and its affiliates own or manage 22 operating self storage properties in the Greater Toronto Area, which total approximately 19,800 units and 1.9 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

Projects Will Add 600 Megawatt-Hours of Storage Capacity to Origis Solar Sites

MIAMI & LAKE MARY, Fla.–(BUSINESS WIRE)–#BESS–Origis Energy, one of America’s largest solar and energy storage developers, has contracted Mitsubishi Power Americas to deliver three utility-scale battery energy storage system (BESS) projects totaling 150 megawatts / 600 megawatt hours. The projects will be co-located with three Origis Energy photovoltaic solar facilities in the Southeast United States to reduce curtailment of excess solar generation which will enable greater efficiency and higher capacity of the sites.

Origis will use the Mitsubishi Power Emerald storage solution for the three projects, successively coming online over the next two years. Origis has pioneered large-scale solar in the Southeast, working with leading utilities, municipalities and electric cooperatives to deploy over 1.5 gigawatts of operational and contracted projects in the region. The company’s U.S. total for operational and contracted solar and BESS projects are over 4 GWs. Energy storage enables Origis to add grid services to renewable energy generation. Consequently, Origis has 2.3 gigawatt hours (GWh) of BESS projects contracted or in negotiation with 13.7 GWh currently being developed.

“Storage of renewably generated power is an increasingly important grid asset,” said Kenneth Kim, Vice President, Engineering & Strategy Planning, Origis Energy. “By adding the BESS solution to these facilities, we increase the value of the asset, adding enhanced grid solutions to clean, cost-effective solar power. We thank Mitsubishi Power for their collaboration on these projects, creating long-term benefits for our customers.”

The BESS projects will employ Mitsubishi Power’s Emerald Integrated Plant Controller – an Energy Management System (EMS) and Supervisory Control and Data Acquisition (SCADA) system – that instructs the BESS when to charge and deploy, monitors status, sends alarms and alerts and enables long-term data storage.

“The Emerald storage solution technology we’re delivering for Origis follows rigorous NERC CIP and IEC 62443 Security Development Lifecycle Process policy and processes aligned to industry best practices,” said Alejandro Schnakofsky, Vice President of Global Strategy, Energy Storage Solutions, Mitsubishi Power Americas. “It is imperative in everything we do to protect energy systems and operators with the strongest level of cybersecurity possible.”

Mitsubishi Power has more than 2.5 GWh of utility-scale BESS projects in various stages of deployment globally that increase renewable efficiency, capacity, and flexibility.

About Origis Energy

Origis Energy is bringing clean and cost effective solar and energy storage solutions within reach for utility, commercial and industrial as well as public sector clients. The Origis team has worked to ensure the interests of all stakeholders are upheld in 170 projects worldwide totaling more than 5 GW to date of developed solar and energy storage capacity. Headquartered in Miami, FL, Origis Energy delivers excellence in solar and energy storage development, financing, engineering, procurement and construction (EPC) and operations, maintenance and asset management for investors and clean energy consumers in the US. Visit us at www.OrigisEnergy.com.

About Mitsubishi Power Americas, Inc.

Mitsubishi Power Americas, Inc. (Mitsubishi Power) headquartered in Lake Mary, Florida, employs more than 2,300 power generation, energy storage, and digital solutions experts and professionals. Our employees are focused on empowering customers to affordably and reliably combat climate change while also advancing human prosperity throughout North, Central, and South America. Mitsubishi Power’s power generation solutions include gas, steam, and aero-derivative turbines; power trains and power islands; geothermal systems; PV solar project development; environmental controls; and services. Energy storage solutions include green hydrogen, battery energy storage systems, and services. Mitsubishi Power also offers intelligent solutions that use artificial intelligence to enable autonomous operation of power plants. Mitsubishi Power is a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI). Headquartered in Tokyo, Japan, MHI is one of the world’s leading heavy machinery manufacturers with engineering and manufacturing businesses spanning energy, infrastructure, transport, aerospace, and defense. For more information, visit the Mitsubishi Power Americas website and follow us on LinkedIn.

Contacts

Glenna Wiseman

Origis Energy

+1 408-478-2570

Glenna.Wiseman@OrigisEnergy.com

Christa Reichhardt

Mitsubishi Power

+1 407-484-5599

Christa.Reichhardt@amermhi.com

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium branded, select-service hotels, today announced that it has increased commitments under its senior unsecured revolving credit facility by $45 million with the addition of Royal Bank of Canada as a top tier lender.

With this incremental commitment, Chatham’s unsecured revolving credit facility increases to $260 million. Combined with its new $90 million term loan, Chatham received commitments of $350 million that replace Chatham’s previous $250 million senior unsecured credit facility that was scheduled to mature in 2023. Inclusive of extension options, the revolving credit facility and term loan mature in October 2027. Chatham has up to six months to borrow funds under the unsecured term loan and intends to fully draw the $90 million within that time frame to repay maturing secured debt. There are currently no borrowings outstanding on either facility.

“We are excited to add another great financial institution to our outstanding group of participating lenders, further solidifying our financial position for the next five years and providing even more flexibility to manage our maturing debt over the next couple of years and capacity to acquire hotels,” highlighted Jeremy Wegner, Chatham’s chief financial officer.

About Chatham Lodging Trust

Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust focused primarily on investing in upscale extended-stay hotels and premium-branded, select-service hotels. The company owns 39 hotels totaling 5,914 rooms/suites in 16 states and the District of Columbia. Additional information about Chatham may be found at chathamlodgingtrust.com.

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 about Chatham Lodging Trust, including those statements regarding acquisitions, capital expenditures, future operating results and the timing and composition of revenues, among others, and statements containing words such as “expects,” “believes” or “will,” which indicate that those statements are forward-looking. Except for historical information, the matters discussed in this press release are forward-looking statements that are subject to certain risks and uncertainties that could cause the actual results or performance to differ materially from those discussed in such statements. Additional risks are discussed in the company’s filings with the Securities and Exchange Commission.

Contacts

Dennis Craven (Company)

Chief Operating Officer

(561) 227-1386

One of North America’s largest non-bank commercial real estate financiers announces restructuring

MIAMI & PALM BEACH, Fla.–(BUSINESS WIRE)–Trez Capital recently announced the restructuring of its Florida office, beginning with ending its joint-venture partnership in the market and closing its Palm Beach office. Capitalizing on the firm’s solid 25-year-history in Canada and across the United States, Trez Capital is opening a new Florida office in the metro Miami area with new regional leadership. Under the continued direction of Trez Capital’s Global Head of Origination, John Hutchinson, the firm will continue building upon its existing market relationships, servicing borrowers, real estate owners and brokers in the Southeastern United States.

Trez Capital is one of North America’s largest non-bank commercial mortgage lenders and equity solution providers. With its new office restructuring of the firm’s Southeastern U.S. origination business led by Hutchinson, Trez Capital will continue to expand its Florida market footprint. In 2010, Trez Capital officially opened its first U.S. office in Dallas with Hutchinson at the helm to focus on the central region and the Southwest. He helped establish the origination team’s relationships cross-country, extending to the Southeast. Hutchinson and his high-performing team have built a solid network of borrowers and investors and are continuing the firm’s expansion in the region.

“Florida and the Southeast remain an incredibly important part of Trez Capital’s business. We have established solid roots in the region and will continue our expansion by investing in our people, reinforcing our ‘boots-on-the-ground’ strategic approach and dedication to our investors,” said Hutchinson. “Our ability to leverage our team’s local market knowledge and varied experience no matter the geographic location has yielded trusted, well-established relationships throughout the country. I am excited about what the future holds for the Florida market and continuing what we do best – delivering results for investors and borrowers.”

Hutchinson and his team of originators have delivered an extensive track record of consistent returns based on providing innovative financing for residential and commercial properties in major high-growth regions across the country. The firm has continued to expand its geographic reach since opening Trez Capital’s first U.S. office a little over a decade ago. Outside of the firm’s Canada offices in Vancouver, Toronto and Montreal, Trez Capital has offices across North America including Dallas, Los Angeles, New York and Seattle while moving its Palm Beach office to Miami.

Today, Trez Capital manages over $5.3 billion in assets under management, has originated over 1,700 loans totaling more than $16.5 billion funded since its inception, with nearly 200 employees.

About Trez Capital

Founded in 1997, Trez Capital is a diversified real estate investment firm and preeminent provider of commercial real estate debt and equity financing solutions in Canada and the United States. Trez Capital offers private and institutional investors strategies to invest in a variety of opportunistic, fully secured mortgage investment funds, syndications, and joint-ventures; and provides property developers with quick approvals on flexible short- to mid-term financing.

With offices across North America, Trez Corporate Group has over $5.3* billion CAD in assets under management and has funded over 1,700 transactions totaling more than $16.5 billion CAD since inception. For more information, visit www.trezcapital.com. (*Trez Corporate Group AUM includes assets held by all Trez-related entities as well as $2.9 billion Manager AUM (Trez Capital Fund Management Limited Partnership)).

Contacts

Leah Williams, Dala Communications for Trez Capital

972-931-7576, ext. 351

Leah@DalaCommunications.com

TORONTO–(BUSINESS WIRE)–Lafarge Canada has been consistently advancing in their journey to Net-Zero and today, the largest provider of sustainable and innovative building solutions in Canada, is proud to announce the full transformation of the Brookfield Cement Plant’s cement production in Nova Scotia to a greener portfolio. From now on, the site’s production of general use cement (GU) ends and will shift to reduced carbon portland limestone cement – branded as OneCem – the company’s eco-efficient alternative. Brookfield is Lafarge’s third cement plant to be converted in 2022 and the first Atlantic Market plant to convert – the others being the Bath Cement Plant (ON) in June and the Richmond Cement Plant (BC) earlier this year, in March.

OneCem is a sustainable product that presents up to 10% lower CO2 emissions while providing the same performance and durability. “We have been steadily moving the needle forward when it comes to cement decarbonization and we will continue to honour our commitment in progressing our greener portfolio in Eastern Canada over the coming years. For us at Lafarge Canada, sustainability and profitability go together – our main goal is to keep partnering with our customers to advance sustainable construction and, at the same time, provide innovative world-class products,” commented Andrew Stewart, Vice President, Cement, Lafarge Canada (East).

According to Robert Cumming, Head of Sustainability & Public Affairs, Lafarge Canada (East), “Over the last four years, we avoided more than 140,000 tonnes of CO2 by converting GU cement to OneCem in our plants across Canada – the equivalent to taking 42,891 cars off the road, which would have consumed 59,640,854 liters of gasoline. With the recent cement production conversion of the Brookfield Plant, the Bath Plant in June, and Richmond Plant in March, these numbers will continue to grow.”

“We are excited to take our plant to the next level of decarbonization. Our teams on the ground have been successfully showcasing our company’s values of passion, collaboration, and grit, and we couldn’t be prouder. This is a very important milestone in our Net-Zero journey in Nova Scotia and in Canada as a whole,” affirmed Travis Smith, Plant Manager, Brookfield Cement Plant.

The portland limestone cement, OneCem, contributes to lowering the industry’s carbon footprint not only during the manufacturing process – while cement may be as little as 11% of a concrete mix, it can account for more than 80% of all energy required to produce concrete. Across Canada, Lafarge has produced over 6 million metric tonnes of OneCem since 2011, and users can be confident in its performance while reducing the carbon footprint in the built environment and community.

Quick Facts

• Over the last four years, Lafarge Canada saved more than 140,000 tonnes of CO2 by converting GU cement to OneCem in our plants across Ontario, Quebec, and Nova Scotia – the equivalent to taking 42,891 cars off the road, which would have consumed 59,640,854 liters of gasoline. With the recent conversion of the Bath Plant’s GU production to OneCem, these numbers will continue to grow.
• While cement typically represents only 11% of a concrete mix, it can account for more than 80% of all energy required to produce concrete.
• Across Canada, Lafarge has produced over 6 million metric tonnes of OneCem since 2011, and users can be confident in its performance whilst reducing the carbon footprint in the built environment and community.

Associated links

https://onecemcement.com/
https://www.lafarge.ca/en
Greenhouse Gas Equivalencies Calculator | Natural Resources Canada

About Lafarge Canada Inc.

Lafarge is Canada’s largest provider of sustainable and innovative building solutions including Aggregates, Cement, Ready Mix and Precast Concrete, Asphalt and Paving, and Road and Civil Construction. With over 6,900 employees and 400 sites across the country, we provide green products to build the infrastructure and communities where Canadians live and work.

As a member of Holcim Group, our purpose is to build progress for people and the planet.

Contacts

For media inquiries:

Anna Salomao

anna.salomao@lafarge.com

TORONTO–(BUSINESS WIRE)–DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U) (“Dream Residential REIT” or the “REIT”) today announced its December 2022 monthly distribution in the amount of US$0.035 per unit (US$0.42 annualized). The December distribution will be payable on January 13, 2023 to unitholders of record as at December 30, 2022.

About Dream Residential REIT

Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns an initial portfolio of 16 garden-style multi-residential properties, consisting of 3,432 units primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.

Contacts

For further information:

Dream Residential REIT
P. Jane Gavan
Chief Executive Officer

(416) 365-6572

jgavan@dream.ca

Derrick Lau
Chief Financial Officer

(416) 365-2364

dlau@dream.ca

Scott Schoeman
Chief Operating Officer

(303) 519-3020

sschoeman@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact” or the “Trust”) today announced its December 2022 monthly distribution in the amount of 3.333 cents per Unit (40 cents annualized). The December distribution will be payable on January 13, 2023 to unitholders of record as at December 30, 2022.

About Dream Impact Trust

Dream Impact Trust is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and investing holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; while generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca.

Contacts

DREAM IMPACT TRUST
Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kimberly Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its December 2022 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The December distribution will be payable on January 13, 2023 to unitholders of record as at December 30, 2022.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at September 30, 2022, Dream Industrial REIT owns, manages and operates a portfolio of 258 industrial totaling approximately 46.5 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to continue to grow and upgrade the quality of its portfolio which primarily consists of distribution and urban logistics properties and to provide attractive overall returns to its unitholders. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

DREAM INDUSTRIAL REIT

Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov

Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its December 2022 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The December distribution will be payable on January 13, 2023 to unitholders of record as at December 30, 2022.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang Chief

Financial Officer

(416) 365-6638

jjiang@dream.ca

TORONTO–(BUSINESS WIRE)–Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2667 per stapled unit for the month of December 2022. The distribution will be paid by Granite on Tuesday, January 17, 2023 to stapled unitholders of record at the close of trading on Friday, December 30, 2022. The stapled units will begin trading on an ex-dividend basis at the opening of trading on Thursday, December 29, 2022 on the Toronto Stock Exchange and on the New York Stock Exchange.

Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of December 30, 2022, pursuant to United States Treasury Regulation Section 1.1446-4.

ABOUT GRANITE

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 141 investment properties representing approximately 58.8 million square feet of leasable area.

OTHER INFORMATION

Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) which can be accessed at www.sedar.com and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov. For further information, please see our website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Associate Director, Legal & Investor Services, at 647-925-7504.

Contacts

Teresa Neto

Chief Financial Officer

647-925-7560

or

Andrea Sanelli

Associate Director, Legal & Investor Services

647-925-7504

Not for Distribution to United States Newswire Services or for Dissemination in the United States

OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of December 2022 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about January 16, 2023, to unitholders of record on December 31, 2022.

About InterRent

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

InterRent’s strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure, and offer opportunities for accretive acquisitions.

InterRent’s primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Investor Relations

investorinfo@interrentreit.com
www.interrentreit.com

HOUSTON–(BUSINESS WIRE)–DXP Enterprises, Inc. (NASDAQ: DXPE) today announced that its Board of Directors authorized a new stock repurchase program (the “program”) under which up to $85.0 million or 2.8 million shares of its outstanding common stock may be acquired in the open market over the next 24 months at the discretion of management. This is after the successful completion of the previous program, whereby, the Company completed the repurchase of 1.5 million shares, under the 2-year program which began in May of 2021.

The shares under the new program may be purchased from time to time at prevailing market prices, through open market or privately negotiated transactions, depending upon market conditions. There is no guarantee as to the exact number of shares that will be repurchased, and DXP may discontinue the program at any time management determines additional purchases are not warranted. As of September 30, 2022, DXP had approximately 19.7 million shares outstanding.

David R. Little, Chairman and CEO commented, “The last few years have demonstrated the resilience of DXP and our ability to continue to evolve. We have transformed our end markets and diversified our business. We will weather the cycles differently than we have in the past. With continued confidence in our business, DXP’s senior management and Board believe there is an attractive buying opportunity in DXP’s stock. The Board’s approval of this program reflects confidence in DXP’s future and puts us in a position to create additional shareholder value. We continue to believe that the most accretive and beneficial use of cash at times is the repurchase of our shares.”

Kent Yee, CFO commented, “The continuation of our share repurchase program reflects the Board’s commitment to our disciplined capital allocation strategy and the confidence in our business. Our share repurchase programs demonstrate the confidence we have in our future, ability to produce free cash flow through different cycles and our ongoing commitment to create shareholder and stakeholder value. We have repurchased approximately 11 percent of our fully diluted shares outstanding at a cost of approximately $64 million since March 2021. As we continue to reach new sales highs and see strength in our backlog, while executing on our customer driven focus, we believe the future of DXP is substantial.”

About DXP Enterprises, Inc.

DXP Enterprises, Inc. is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout the United States, Canada and Dubai. DXP provides innovative pumping solutions, supply chain services and maintenance, repair, operating and production (“MROP”) services that emphasize and utilize DXP’s vast product knowledge and technical expertise in rotating equipment, bearings, power transmission, metal working, industrial supplies and safety products and services. DXP’s breadth of MROP products and service solutions allows DXP to be flexible and customer-driven, creating competitive advantages for our customers. DXP’s business segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. For more information, go to www.dxpe.com.

The Private Securities Litigation Reform Act of 1995 provides a “safe-harbor” for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to; ability to obtain needed capital, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. In some cases, you can identify forward-looking statements by terminology such as, but not limited to, “may,” “will,” “should,” “intend,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “goal,” or “continue” or the negative of such terms or other comparable terminology. For more information, review the Company’s filings with the Securities and Exchange Commission.

Contacts

Kent Yee

Senior Vice President CFO

713-996-4700 – www.dxpe.com