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Houston, Texas | February 14, 2002

Freestone Partners, LLC, announced that it has acquired Dan-Loc Bolt & Gasket, Inc. of Houston in an asset purchase. The company was acquired from The Flexitallic Group, Inc., also of Houston. Terms of the transaction were not disclosed. Dan-Loc Bolt & Gasket is a 40-year-old manufacturer of fasteners and high-pressure metal gaskets used by the energy industry.