LEXINGTON, KY – September 16, 2022

Secat, Inc., a metallurgical research laboratory, has acquired Innovatech Labs, a Minnesota based
analytical laboratory specializing in advanced surface analysis techniques and innovative chemical
testing methods.

As a result of the acquisition, Secat adds a talented group of chemists to its team of metallurgical
engineers and expands its service offerings to include chemical analysis, cleanliness testing, foreign
material identification, outgassing testing, and quality control testing. The combination of advanced
metallurgical and chemical analysis equipment extends Secat’s growth into polymers, electronic
materials and medical devices, while also strengthening its presence in the metals industry.

Todd Boggess, President of Secat commented on the acquisition “I’m excited about the recent
investments made at Secat. The analytical lab in Minnesota adds many new capabilities and an amazing
group of people with in-depth knowledge and experience to our organization. Also, the latest capital
investments to our Kentucky facility, including an experimental scale vertical direct chill cast house,
thermal equipment, rolling mill, and forging press provide unique opportunities for our customers.”

Secat, Inc. provides materials testing services and R&D support to a wide range of industries. With
facilities in Lexington and Nicholasville, KY and now Plymouth, MN, Secat is prepared to meet your
needs and deliver world class results. Please visit www.secat.net and www.innovatechlabs.com or
subscribe to our newsletter for more information.