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For Immediate Release: May 18, 2004

CRYOGENIC TRANSPORTATION OPENS NEW TERMINAL

Easton, Pennsylvania - Rich Ramach, President and Chief Operating Officer of Cryogenic Transportation announced today that CTI had established a new terminal facility located in Salt Lake City, Utah. This new terminal facility will start serving CTI's customers with operations in the Rocky Mountain region on May 10, 2004. This terminal as well as the Rocky Mountain region will be managed by Roger Webster. Roger has 25 years of transportation experience most recently with Logex.

"This new terminal will broaden our base of operations and will enable CTI to strengthen the distribution capabilities of our key customers" said Ramach.

Cryogenic Transportation is a leading transporter of industrial gases serving customers from ten locations throughout the United States. CTI, headquartered in Easton, Pennsylvania, has been in the industrial gas transportation business for over 23 years. CTI is owned by David M. Boucher, David R. Hamilton and McFadden Brothers.


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