Johnston brings over 25 years of experience developing and leading people strategies across multiple industries. Prior to joining ��Ȥ��Ƶ Johnston served as the Chief People Officer of Astrix Technology, where she played a critical role in establishing their HR organization and was responsible for overseeing all their people programs.

In her new role, Johnston will be responsible for the company’s global people strategies and operations, overseeing benefits, talent management, communication, compensation, talent acquisition, compliance, and employee relations. Johnston will report to President and CEO, Nino LaDuca and will serve on the company’s executive leadership team.

“I am excited to join ��Ȥ��Ƶ. I am passionate about igniting the potential of employees and ensuring that they have the best experience possible,” said Johnston. “I look forward to working with the SHAPE team throughout the world to help drive growth and achieve success.”

“I am pleased to welcome Laurie to the ��Ȥ��Ƶ leadership team,” said Nino LaDuca, CEO of ��Ȥ��Ƶ. “She brings a wealth of experience to the leadership team and her passion for improving the employee experience while developing their talent aligns extremely well with our company values.”

Johnston holds a Juris Doctor, a BA in Communications, and is working towards a master’s in organizational leadership. She is a licensed attorney in Washington and holds SHRM-SCP and SPHR certifications.

About ��Ȥ��Ƶ
��Ȥ��Ƶ, Inc. (“SHAPE”) is the world’s leading developer and provider of ultrahigh-pressure process solutions for advanced manufacturing and materials processing applications. SHAPE companies deliver innovative manufacturing process solutions to customers spanning 100 countries and a broad array of industries. For more information, visit .

Media Contact:
Jennifer Rogers-Harris
Marketing Manager
jrogers@shapetechnologies.com

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David joined ��Ȥ��Ƶ in October 2019 as the Vice President of Finance and has played a key role in shaping the company’s financial strategy and operations. As Vice President of Finance, he has demonstrated exceptional leadership and expertise, while developing a deep understanding of the industry and becoming an integral contributor to the company’s commercial success.

Prior to joining SHAPE, David held numerous roles with increasing responsibilities in FTI Consulting’s Corporate Finance and Restructuring practice, culminating as Managing Director. David holds a Bachelor of Science degree in Finance and Accountancy from Villanova University.

“David is a proven leader who has successfully built a high-performing financial planning and analysis team here at SHAPE. That, and his ability to continue to improve the efficiency of our company’s financial operations make him the clear choice for this role,” said Nino LaDuca, ��Ȥ��Ƶ CEO. “I have full confidence in his ability to lead our finance team and ensure the financial health of our company moving forward.”

About ��Ȥ��Ƶ
��Ȥ��Ƶ, Inc. (SHAPE) is the world’s leading supplier of waterjet technology, robotic automation, and ultrahigh-pressure (UHP) manufacturing process solutions. SHAPE companies deliver innovative manufacturing process solutions to customers spanning 100 countries and a broad array of industries. For more information, visit

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Shackelford joined the SHAPE organization in November 2016 as Aftermarket Director for the Shape Waterblast Group and assumed the leadership role in January 2018. Brendan has been instrumental in growing the Waterblast Group business by refreshing their product portfolio, strengthening relationships with customers and suppliers, and through the acquisition of Riverstone Waterjets in January 2021.

“I have been impressed with the development and technological advancements made with waterjet systems and am excited to join KMT Waterjet, a company known for their history of innovation and contribution to this industry,” said Shackelford.

“As we look to the future and building upon our success at KMT Waterjet, I couldn’t think of a more qualified individual to fill this role than Brendan,” said Nino LaDuca, CEO of ��Ȥ��Ƶ.  “His customer focus and ability to achieve results make him the ideal leader for the company. We look forward to his continued success in this new role.”

Before joining SHAPE, Brendan spent 13 years in the US Navy and 5 years as Regional General Manager for the Rosemount Measurement business of Emerson Electric. Brendan holds a bachelor’s degree in psychology and a master’s degree in business administration.

About ��Ȥ��Ƶ
��Ȥ��Ƶ, Inc. (SHAPE) is the world’s leading developer and provider of ultrahigh-pressure process solutions for advanced manufacturing and materials processing applications. SHAPE companies deliver innovative manufacturing process solutions to customers spanning 100 countries and a broad array of industries. For more information, visit shapetechnologies.com.

About KMT Waterjet Systems
KMT Waterjet Systems is a leading global manufacturer of UHP waterjet pumps and components used in complete waterjet systems. KMT has a partnership with a global network of original equipment manufacturers who design complete waterjet machines, integrating KMT pumps and cutting nozzles into waterjet systems.  Additional KMT offerings include: KMT Genuine Services, 24/7 Technical Support, aftermarket waterjet spares for all KMT parts and components. www.kmtwaterjet.com 800-826-9274.

Media Contact:
Bob Pedrazas
Marketing Manager
KMT Waterjet Systems
417-291-1433
bob.pedrazas@kmtwaterjet.com

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“Chris has been an instrumental part of our team for many years, and we are confident in his ability to lead the company forward,” said Nino LaDuca, Chief Executive Officer of ��Ȥ��Ƶ. Leading the Sales teams for the Shape Waterblast Group, Chris has spent the past two years driving market development, product innovation, and relationship cultivation. During Chris’ time with Shape Waterblast Group, employee development drove the business process and the foundation and vision laid out by the previous leadership team will provide a stable base to grow from.

Chris is a Naval Veteran, whose 13 years of active-duty service concluded with a refueling overhaul on a Trident Class Nuclear Powered submarine. Chris has always migrated towards challenging and trailblazing assignments. This attitude took him on some interesting adventures during military service. Post-military, this trend continued with a steady focus on new markets, regions, and partnership development with companies such as Rosemont, MicroMotion, Endress + Hauser, and ABB. “Chris is a talented executive that has been a key leader in our growth, so I know I’m leaving the Waterblast Group is very capable hands,” said Brendan Shackelford, current President of the group.

As for Shackelford, he will be transitioning to the role of President of KMT Waterjet – another ��Ȥ��Ƶ company. We are grateful for Brendan’s many years of service to our company and wish him continued success at KMT.

About ��Ȥ��Ƶ
��Ȥ��Ƶ, Inc. (SHAPE) is the world’s leading developer and provider of ultrahigh-pressure process solutions for advanced manufacturing and materials processing applications. SHAPE companies deliver innovative manufacturing process solutions to customers spanning 100 countries and a broad array of industries. For more information, visit shapetechnologies.com.

About Shape Waterblast Group
The Shape Waterblast Group is a leading provider of high-pressure pumps, systems, and accessories for a variety of industries, including oil and gas, mining, aerospace, and defense. Offering a wide range of products and custom solutions that are designed to meet the unique needs of their clients, and their team of experienced engineers and technicians provide unparalleled technical support and service. With a focus on quality, reliability, and innovation, APS is committed to delivering cutting-edge technology and exceptional value to their customers.

Media Contact:
Bryan Davidson
Marketing Manager
Advanced Pressure Systems
713-389-0597
bdavidson@shapetechnologies.com

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LaDuca brings more than 25 years of experience to the industry and has been with the Shape Process Automation group for 15 years, having joined Tech-Con Automation in 2008. Since April 2019, LaDuca has served as the President of Shape Process Automation, playing a crucial role in the company’s growth—driving key global revenue initiatives, developing new market opportunities through acquisitions, and standardizing the robotics and automation global operations.

In his new role, LaDuca will lead all aspects of corporate strategy, ensuring commercial and operational excellence, while continuing to foster a culture of unwavering partnership with SHAPE customers. His extensive background in finance, operations, and business development will be critical to ��Ȥ��Ƶ as the company continues to expand its product offerings and geographic reach.

“I am honored to have the opportunity to lead a global organization with industry leading brands, talented and dedicated colleagues, and technologies that assist our customers in their manufacturing and production requirements,” said LaDuca. “I am passionate about our team and the industries we serve, and I look forward to getting to work on achieving our future goals.”

LaDuca’s promotion to President and CEO is effective immediately. The company’s previous CEO, Steven Harris, will remain with the company as Executive Chairman.

“As I move to become the Executive Chairman of ��Ȥ��Ƶ, I couldn’t think of a more qualified individual to fill this role than Nino,” said Harris. “His proven track record of driving growth and delivering results make him the ideal leader for the company. We look forward to his continued success and leadership.”

LaDuca is a Certified Professional Accountant (CPA) and holds an Honors Bachelors Commerce Degree from Laurentian University.

About ��Ȥ��Ƶ
��Ȥ��Ƶ, Inc. (“SHAPE”) is the world’s leading developer and provider of ultrahigh-pressure process solutions for advanced manufacturing and materials processing applications. SHAPE companies deliver innovative manufacturing process solutions to customers spanning 100 countries and a broad array of industries. For more information, visit shapetechnologies.com.

Media Contact:
Katie Parlin
Senior Director of Marketing
kparlin@shapetechnologies.com
(253)-246-3500

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AUBURN HILLS, Michigan and ATLANTA—May 24, 2022— Robotic system integrator and process cutting solutions provider and robotics technology company today announced a collaboration to enhance SPA’s robotic automation solutions with Mujin’s intelligent robotics platform. At Automate 2022 Show and Conference June 6-9 in Detroit, SPA and Mujin will showcase a Mujin-powered mixed-case depalletizing and palletizing solution.

The SPA/Mujin collaboration is designed to more quickly bring difficult-to-automate tasks such as mixed-case depalletizing and palletizing to a greater number of warehouses and manufacturing facilities throughout North America. SPA is an integrator for the top robotic manufacturers, including Fanuc, one of several robot arms compatible with Mujin’s flagship product, the MujinController. To facilitate these applications, the MujinController uses machine intelligence, a type of AI that automatically manages potential downtime scenarios through perception, autonomous decision making, and real-time motion planning without the need for human intervention.

“The joining of Shape Process Automation’s and Mujin’s advanced technology and system integration capabilities will allow us to enhance our customers manufacturing operations, as well as discover new opportunities within Industrial Automation,” said Nino LaDuca, President, Shape Process Automation Group. “This partnership came at a perfect time since we are celebrating 50 years of providing intelligent automation solutions worldwide.”

Ross Diankov, co-founder of Mujin, expects immediate benefits for joint customers struggling to automate the labor- intensive depalletizing and palletizing applications, among others. “SPA’s experience and reputation in deploying robotics automation solutions make them an ideal fit as Mujin seeks to empower the North American logistics market with Mujin’s revolutionary machine intelligence,” Diankov said. “Together, we can accelerate a new wave of robotics technology in the U.S. and help to advance the vision of a completely autonomous warehouse.”

In addition to the Mujin-powered depalletizing and palletizing application, Shape Process Automation will also feature its innovative robotic laser cutting solution showcasing how its Newton technology can increase part throughput and dimensional quality compared to traditional CNC cutting processes, specifically when dealing with EV lightweight materials. This demo will specifically focus on how battery trays can be manufactured and assembled.

Visit Shape and Mujin in booth 805 in Automate’s Integrated ��Ȥ��Ƶ Center, dedicated to automation, robotics and machine integrators.

Mujn’s Brandon Coats to Discuss Intelligent Robotics for the Modern Warehouse
At Automate, Mujin director of system integration, Brandon Coats, will discuss how logistics facilities can leverage intelligent robotics—through the new approach to robotics called Machine Intelligence —to optimize deploy more robotic systems into production and into new, more advanced applications. Coats’ conference presentation is at 3:30
p.m. on June 7.

About Shape Process Automation
Shape Process Automation provides industrial automation solutions that address efficiency, productivity, and safety challenges within manufacturing operations. As a globally recognized integrator of robotic systems, Shape Process Automation offers solutions for material handling and assembly applications as well as advanced materials cutting with robotic laser, router, knife and waterjet processes. Shape Process Automation is a ��Ȥ��Ƶ Company. For more information, visit

About Mujin
Mujin, a robotics technology company, develops “machine intelligent” robot controllers that are designed as a common platform for industrial and collaborative robots specializing in logistics and other pick-and-place applications. Launched in Tokyo in 2011 with offices in China and operating in the United States at Mujin
Corp., Mujin works with many of the world’s largest companies to make material handling applications easier to deploy, more accurate and less costly. The company’s flagship product, the MujinController, uses machine intelligence technology to give robotic systems real-time decision-making ability that enables truly autonomous, reliable and production-capable robot applications. For more information, visit

Press photos and video:
Watch a video on the MujinController solution
SPA

Company contact details:
Josh Cloer Mujin Corp.
josh-cloer@mujin-corp.com
(678) 343-8819

Lauren Ciampichini
Shape Process Automation
lauren.ciampichini@shapetechnologies.com
(248) 971-9358

US press contact:
Kelly Wanlass
HCI Marketing and Communications, Inc.
kelly@hci-marketing.com
(801) 602-4723

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KENT, Wash., January 28, 2021 – ��Ȥ��Ƶ, Inc. (SHAPE), the world-leading supplier of waterjet technology and ultrahigh-pressure (UHP) manufacturing process solutions has completed the acquisition of Riverstone Waterjets. Riverstone Waterjets will undergo a name and brand update to Riverstone Pressure Systems (RPS), joining Advanced Pressure Systems (APS) as an integral member of SHAPE’s Waterblast Group.

RPS, headquartered in Leduc, Alberta, is a leading supplier of high-pressure products, a hose assembly center, and a service and rental center for tooling, pumps, and automation in Canada. The acquisition of RPS, and its incorporation of the existing APS Canada business in Eastern Canada, significantly broadens SHAPE’s ability to provide elevated service across Canada through additional local technicians and on-hand inventory, allowing for optimized delivery and support to the waterblast industry as well as the wider oil and gas and industrial marketplace.

“SHAPE is dedicated to delivering the absolute best customer experience. The acquisition of Riverstone Waterjets and re-branding efforts tied to APS are an act of continued commitment to that promise,” says Brendan Shackelford, President of APS. “The added capacity, support, and expertise will allow us to continue to rapidly deliver parts from coast to coast in Canada, ultimately improving uptime for our customers, while offering competitive products and pricing.”

The acquisition means all APS products sold in Canada will be transacted in Canadian dollars, and cross-border shipments from APS to the SHAPE Canadian customer base will be alleviated. “With this addition, we are able to better support our Canadian customers across SHAPE while expanding our comprehensive waterblast product offerings,” says Tim Fabian, vice-president of marketing for SHAPE. “We are excited to add RPS to the SHAPE family of innovative brands.”

“We are looking forward to the opportunity to leverage the core strength of the APS product brand combined with Riverstone’s expertise in delivering hose assembly; pump and automation rentals; and safety training to the Canadian market. Together, we plan to set a new standard for the delivery of high-

pressure products across Canada,” says Mike Hubbard, founder of Riverstone Waterjets and general manager of RPS.

RPS will continue to serve industrial cleaning and oil and gas industries in Canada with industry-leading ultrahigh-pressure waterblast technology, equipment, and services.

About ��Ȥ��Ƶ, Inc.

��Ȥ��Ƶ, Inc. (SHAPE) is the world’s leading developer and provider of ultrahigh-pressure process solutions for advanced manufacturing and materials processing applications. SHAPE companies deliver innovative manufacturing process solutions to customers spanning 100 countries and a broad array of industries. SHAPE subsidiaries include KMT Waterjet, Dynamic Robotic ��Ȥ��Ƶ, H2O Jet, Flow International Corporation, Aqua-Dyne, Tech-Con Automation, Advanced Pressure Systems (APS), ProJet, TOPS, and Aquarese Industries. For more information, visit www.shapetechnologies.com

About Advanced Pressure Systems

Advanced Pressure Systems, (APS), is a leading waterblasting provider offering the widest range of pressures, pumps, and parts via their APS, Aqua-Dyne, and Flow brands – all designed and backed by industrial solution engineers. APS pairs unmatched industry expertise with a genuine commitment to delivering first-rate, personalized service and support across the US and Canada. For more information, visit www.advancedpressuresystems.com

About Riverstone Pressure Systems

RPS provides the Canadian market with high-pressure industrial cleaning product solutions. With rapid expansion into the oil and gas markets of Alberta and northern British Columbia, RPS offers innovative solutions and local support across Canada.

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WKW Automotive, a major Tier 1 supplier, has awarded Shape Process Automation, a program valued at approximately $15MUSD to provide two inline laser systems complete with material handling capabilities.

This program has the potential to be the highest throughput aluminum robotic laser cutting line in the world.

Shape Process Automation’s solution reduces cost and floor space by nearly 50% by utilizing the NEWTON® technology compared to traditional robots that articulate a cutting head. Laser cutting assembly lines with NEWTON enable customers to reduce their long-term program cost by eliminating direct labor, reducing engineering floor labor, increasing quality, and sustaining long term OEE gains. “WKW is excited to work with world-class technology in delivering industry-leading aluminum fabrications,” said Prakash Patel, Director, Program Management at WKW Automotive.

This project will push Shape Process Automation’s install base of robotic laser cutting robots to surpass 50 units in 3 years. An achievement that would not be possible without repeat customers, SPA’s professional team, and proven suppliers like FANUC Robotics and TRUMPF laser sources.

“This automated production line incorporates the latest in robotic laser cutting, delivering big gains for cutting 3-D automotive components via the Newton cutting head technology. Combined with our other fully integrated manufacturing processes and numerous operational enhancing upgrades, this technology essentially represents the culmination of our 35 years of experience in the industry”, said Nino LaDuca, President of Shape Process Automation. “SPA has supported automotive programs dating back to the 1980s, first on the trimming of automotive interior parts and through to the very latest lightweight structural automotive parts. Being awarded this project demonstrates that Shape Process Automation continues to lead the industry in both design and technology.”

Automotive light-weighting is the concept of using advanced materials such as ultra-high-strength steel (UHSS), aluminum, and other lighter composite materials to reduce the weight of a vehicle to meet increasingly stricter government regulations. Lowering a vehicle’s bodyweight reduced emissions and improves fuel efficiency without compromising safety or performance.

These lightweight materials vary in their methods of assembly and processing (compared to traditional steel). As such, automotive OEM’s & Tiers depend on those in the industry who understand these unique properties and have a proven history of expertise in processing them efficiently and effectively while maintaining the materials’ integrity.

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About Shape Process Automation
Shape Process Automation is the leader in advanced materials processing. Our expertise in waterjet, router, and laser cutting solutions spans decades. Through our unique state-of-the-art Customer Solution Center, we can provide proof of concept for processing a variety of composite materials. Our customers have come to rely on us to provide the technology and know-how to help them realize their light weighting objectives.

Shape Process Automation is a leading supplier of custom factory automation and advanced materials processing solutions. Since the mid-1980s, we’ve designed and installed over 6,000 systems in more than 70 countries, providing world-class solutions and service to the world’s largest companies across multiple industries, locally and around the globe. For more information, visit www.shapeprocessautomation.com.

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“Tim brings extensive experience in the Waterjet, Machine Tool and General Pump industries, with over 20 years in various roles from product and marketing management, to sales, service, and engineering. His breadth and depth of knowledge, coupled with a true passion for our business, make him a perfect fit for this position,” said Steven Harris, SHAPE Chief Executive Officer.

Fabian most recently held positions as Vice President of Aftermarket Services for Bystronic, Inc.; Director of Aftermarket Sales and Service at GRUNDFOS; and served in a variety of leadership and management positions over 16 years at Flow International, the largest subsidiary within the SHAPE organization. “Tim not only has a deep network in our industry, but also having worked previously at Flow, he already has strong relationships and great respect inside the organization. He is certain to make an immediate impact in this important role,” said Harris.

A native of Chicago, Fabian has a degree in Business and Managerial Economics from Western Illinois University and an MBA from Penn State University.

About ��Ȥ��Ƶ
��Ȥ��Ƶ, Inc. (“SHAPE”) is the world’s leading developer and provider of ultrahigh-pressure process solutions for advanced manufacturing and materials processing applications. SHAPE companies deliver innovative manufacturing process solutions to customers spanning 100 countries and a broad array of industries. For more information, visit www.shapetechnologies.com.

Media Contact:
Steve Rosenblum
Senior Director, Corporate Communications
��Ȥ��Ƶ
206-673-1101
srosenblum@shapetechnologies.com

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“We are excited to be joining a prestigious organization like the AMRC. Waterjet is an excellent solution for materials that are difficult to process using more traditional methods,” said David Savage, chief executive officer of SHAPE. “With our innovative robotic cutting system, we believe we can add significant value to AMRC members and their mission.”

Designed by Aquarese Industries, a ��Ȥ��Ƶ company, the WJM is a versatile solution for processing advanced materials, including titanium, superalloys, and composites. The advanced robotic waterjet system allows the AMRC to process material up to 10 times faster than milling, with a tool life of up to 500 times longer.

Keith Ridgway, Executive Dean of the AMRC, said: “Working with SHAPE and Aquarese we are eager to develop innovative methods to improve manufacturing efficiency, cost, and quality for parts that are difficult to machine. With their unique ability to create pressures of up to 6,500 bar we expect significant advancements.”

About AMRC

The University of Sheffield Advanced Manufacturing Research Centre (AMRC) is a world-class centre for research into advanced manufacturing technologies used in the aerospace, automotive, medical and other high-value manufacturing sectors.

The AMRC has a global reputation for helping companies overcome manufacturing problems and is a model for collaborative research involving universities, academics and industry worldwide.

Combining state of the art technologies with the AMRC’s expertise in design and prototyping, machining, casting, welding, additive manufacturing, composites, robotics and automation, digital manufacturing and structural testing, has created a manufacturing resource far beyond anything previously available in the UK.

The AMRC is a member of the High Value Manufacturing Catapult, a consortium of leading manufacturing and process research centres, backed by the UK’s innovation agency, Innovate UK.

About American Industrial Partners

American Industrial Partners (“AIP”) is an operationally oriented middle-market private equity firm that makes control investments in North American-based industrial businesses serving domestic and global markets. The firm has deep roots in the industrial economy and has been active in private equity investing since 1989. To date, AIP has completed over 65 transactions and currently has more than $3.2 billion of assets under management.

AIP invests in all forms of corporate divestitures, management buyouts, recapitalizations, and going-private transactions of established businesses with revenues of $100 million to $1 billion+. For more information about American Industrial Partners, contact Ben DeRosa, Partner at 212-627-2360, extension 200.

About ��Ȥ��Ƶ, Inc.

��Ȥ��Ƶ, Inc. (“SHAPE”) is the world’s leading developer and provider of ultrahigh-pressure process solutions for advanced manufacturing and materials processing applications. SHAPE companies deliver innovative manufacturing process solutions to customers spanning 100 countries and a broad array of industries. SHAPE subsidiaries include KMT Waterjet, Dynamic Robotic ��Ȥ��Ƶ (DRS), H2O Jet, Flow International Corporation, AquaFlow, Tech-Con Automation, Advanced Pressure Systems (APS), ProJet, TOPS, and Aquarese Industries. For more information, visit www.shapetechnologies.com.

About Aquarese Industries, a ��Ȥ��Ƶ company

Aquarese, a ��Ȥ��Ƶ company, is a leading supplier of innovative advanced manufacturing solutions utilizing ultrahigh-pressure waterjet technology. Aquarese main markets are aerospace jet engine industry and industrial gas turbine industry for cutting, rough machining and MRO stripping applications; foundry industry for ceramic shell and core removal, degating & leveling operations; forging industry for deflashing and lubricant stripping, automotive industry for deburring, semiconductor industry for kit cleaning. Aquarese’s team and waterjet focus make the difference, serving customers globally with process R&D, production workshop, turnkey systems & solutions, state-of-the-art customer support. For more information, visit .

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may project, indicate or imply future results, events, performance or achievements, and may contain the words “anticipate,” “expect,” “intend,” “plan,” “believe,” “estimate,” “may,” “project,” “will,” “offer,” “continue,” “enhance,” “expand,” “broaden,” “provide,” and similar expressions of a future or forward-looking nature. These forward-looking statements are based on management’s current views with respect to future results using currently available information, such as market and industry materials, experts’ reports and opinions, and current financial trends. These statements are only predictions and are not guarantees of future performance. Important factors that could cause actual results to differ materially from expectations are outlined in more detail in the “Risk Factors” sections of SHAPE’s prior reports and in the offering circular provided in connection with the issuance of the notes. All subsequent written and oral forward-looking statements attributable to SHAPE, or persons acting on SHAPE’s behalf, are expressly qualified in their entirety by the cautionary statements. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this announcement. SHAPE assume no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.

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