Quintec Announces the Acquisition of BC Saw by its NAP GLADU Subsidiary, expanding its Presence in the Canadian Tooling Market

Jasper, IN – February 19, 2013 – Quintec, the industrial tooling company owned by Tenex Capital Management, announced the completion of the acquisition of BC Saw Toronto, Canada by its NAP Gladu subsidiary. BC Saw has been specializing in the sale and service of carbide saws, routers, insert tooling, diamond tooling, metal saws and custom tooling since 1966. Located in Toronto, ON, Canada, the company has built an enviable reputation of offering superior tool design, product quality, exceptional service and technical support, in addition to an extensive product catalogue. NAP Gladu currently operates a tooling service center located in Mississauga, ON that will be merged with BC Saw.

Co-owner of BC Saw, Doug Reid commented, “BC Saw has developed a very strong core business in the Ontario market that will benefit from greater product offering, advanced custom tool design capabilities and investment support provided by NAP Gladu.”

Brad Stack, President of NAP GLADU, stated, “We are very excited about the addition of BC Saw to the NAP Gladu network of tool manufacturing and service operations in North America. Both companies serve a large base of premier customers in the woodworking and metalworking industries and our combined expertise will create exceptional value for our expanding customer base.”

About NAP GLADU

NAP GLADU is the most complete source of quality and custom cutting tools and services for the wood, metal and advanced materials industries in North America. NAP GLADU has been helping customers lower their cost per cut with extensive selection, reliable service, and top quality for over 70 years. Our diversified line of carbide and diamond cutting tools includes saw blades, router bits, insert tooling and much more. For more information, please visit http://www.napgladu.com.

About BC Saw:

BC Saw has been specializing in the sale and service of carbide saws, routers, cutters, diamond tooling, bandsaw blades, metal saws and custom tooling since 1966. Experienced Sales Professionals and on-staff engineers will determine the most cost-effective tool design as well as provide recommendations for increased productivity levels for a wide variety of cutting applications and materials. For more information, please visit http://www.bcsaw.com