January 18, 2006 – Arvada, Colo. – Mark VII Equipment LLC, an industry leader in touch-free carwash systems, today announced that WashTec AG¹ of Augsburg, Germany, world leading supplier of carwash equipment, entered into an agreement to acquire the business.

Since 2003 Mark VII has been the exclusive U.S. master distributor of WashTec’s Softwash line of friction carwash systems. Mark VII will continue operations from its current headquarters in Arvada, Colorado and will begin manufacturing Softwash friction rollover systems in its factory in 2006 to complement its AquaJet GT™ touch-free rollover systems, AquaSpray™ self-serve systems, and AquaJet™ tunnel systems.

“We’re thrilled that the global market leader in carwash business has chosen to purchase Mark VII,” said Dave Smith, President and CEO of Mark VII. “Our companies have had a strategic alliance for three years now and we have tremendous respect for their products and management team. This is an outstanding opportunity to marry our resources with those of the WashTec group in Europe, and we are confident that the combined know how will allow us to grow our market position. The respective product lines complement each other well, and our distribution channel is hungry for the products of the market leader.”

“The acquisition of Mark VII will add a new dimension to the growth potential of WashTec” said Thorsten Krüger, CEO of WashTec AG¹, Germany. “Entering the US market in a meaningful way has been an important long-term strategic objective for us. Due to its important market position, complementary product range and strong recent track record, Mark VII is our ideal partner in the United States. As a result of our existing business relationship, we have come to know Mark VII very well over the last few years and feel very comfortable with its management and business.”