We are thrilled to announce a momentous achievement in the journey of Fox Innovation and
Technologies Inc. (FIT) who recently acquired Revak Keene Turbomachinery and Industrial
Storage Services, marking a pivotal moment of growth and innovation in the compressor
engineering domain.

Revak Keene’s 120,000 square foot manufacturing facility in La Porte Texas and 350,000 square feet of
industrial storage provides a strategic presence and manufacturing base for their parent company.   Led
by Vincent Volpe, as CEO, who is assembling a team comprising of leading experts in the compressor and
rotating equipment fields and is backed, and majority owned, by Bluewater.  FIT will target the after-
sales segment of the compressor and other rotating equipment markets, helping to improve, modify and
service existing compressors and turbines that can result in immediate improvements in efficiency and
reduction in operating costs.

FIT has developed a proprietary technology and design approach to produce impellers and the
associated gas flow path that focuses on optimizing and maximizing the efficiency and operating range
of in-service equipment and mitigating performance degradation due to common variances in operating
conditions or new processes introduced over the life of a gas field. FIT’s concept is to produce a
“cartridge” that can fit in any OEM’s existing compressor casing with a simple bespoke design process
using internal detailed criteria sources from end-user clients’ files.

FIT has the capabilities to do its own design work and manufacture the cartridge to be inserted in the
existing casing when the equipment is made available during planned turnaround and maintenance
periods. The efficiency, cycle time and OEM-agnostic ability to work on any of its target customers’
equipment, supported by the local ongoing operational support through Revak Keene Turbomachinery,
will make this attractive to members of clients’ C-Suites, focused on sustainability and the environment,
as well as operations leaders, focused on reliable production at the lowest possible operating cost. At its
core Revak Keene Turbomachinery’s mission has not changed. It will continue to provide the service our
customers have expected since 1981.