Principal of Industrial Capital Strategies Advises Metlab (Pty) Ltd. on Its Acquisition by SGS

Industrial Capital Strategies is pleased to announce the acquisition of Metlab
(Pty) Ltd., the preeminent metallurgical testing laboratory in Southern Africa, by
SGS. The company has a 30-year history of providing destructive and non-
destructive metallurgical testing. The company is renowned for its replication,
hardness and chemical test technicians as well as its ability to conduct
specialized testing on client sites. The Company serves the heavy engineering,
power engineering, testing & inspection, heat transfer, piping and tubing, steel
mill and steel fabrication industries.

Metlab currently employs a staff of over 40, including metallurgical engineers,
laboratory technicians and operators and revenues for the last fiscal year
exceeded ZAR 21 million. Christo Brink and his senior management team will
continue to run the operations post acquisition.

"Metlab is an exceptionally well run business and this acquisition will solidify
SGS’ metallurgical laboratory testing footprint globally and provide access to
key South African industrial accounts. This acquisition supports SGS’ growth in
the destructive and non-destructive testing Southern African markets," said
Chris Kirk, CEO of SGS.

"Metlab’s mission is to provide a reliable comprehensive range of destructive
and non-destructive metallurgical testing for its clients, and we are extremely
excited to integrate into SGS and by the opportunity this presents to our
employees and clients. This acquisition by SGS will allow us to strengthen our
infrastructure, continue to provide an exceptional level of service to our clients
and allow us to invest in technology supporting our mission," said Christo Brink,
the owner of Metlab.

"We are pleased to team Metlab with SGS, a quality acquirer that has the global
reach and complementary capabilities to capitalize on Metlab’s strong position
in the metallurgical testing sector," said Chris Weyers, Managing Director of
Industrial Capital Strategies, who, acting in the capacity of a registered agent of
Burch & Company, Inc., served as Metlab’s exclusive financial advisor.

About SGS

SGS is the world’s leading inspection, verification, testing and certification
company. SGS is recognized as the global benchmark for quality and integrity.
With more than 70,000 employees, SGS operates a network of over 1,350
offices and laboratories around the world.

About Metlab

Metlab provides both destructive and non-destructive metallurgical testing

Visit www.metlab.co.za

About Industrial Capital Strategies

Industrial Capital Strategies specializes in mergers and acquisitions in the
Testing, Inspection and Certification ("TIC") sector. The firm assists private
middle-market companies, multinational corporations, and private equity
groups alike with their business sales or corporate growth initiatives in the TIC
industry.

All services involving securities are offered through Burch & Company, Inc.,
member FINRA/SiPC; 4151 North Mulberry Drive, Suite 235; Kansas City, MO
64116; 816.842.4660. Burch and Industrial Capital Strategies are not affiliated
entities.

Visit www.industrialcapitalstrategies.com