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Expanded Exclusivity Agreement Announcement

Thermal Pipe Shields and BEC Industrial recently reached agreement to expand our joint partnership contract for all BEC calcium silicate products to include the entire North American continent including Canada, the United States and Mexico. This formal and binding agreement includes the cessation of any BEC sales to independent brokers that may have sold BEC calsil insulation to North American customers. Please see attached announcement signed by the President of BEC. Thermal Pipe Shields is ready to provide unsurpassed service to all North American customers and unite the entire continent under a single strategy focused on bringing real competition to the market under the trademarked brand name TPSX-12.

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