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HENCH CONTROL, INC. ANNOUNCES JOINT VENTURE IN AMSTERDAM, THE NETHERLANDS TO DEVELOP EUROPEAN MARKET

December 1, 2014

RICHMOND, CA (December 1st 2014) – Hench Control, Inc., the leader in energy management control systems, announces that it has formed a joint venture to create Hench Control B.V. based in Amsterdam, The Netherlands. Hench Control, B.V. will manage the European operations and represent, market, sell and support the energy management system products and services of Hench Control, Inc. throughout the European market area.

The joint venture is a partnership between Hench Control, Inc. and Holders Equity B.V., a Dutch management and holding company.

Hench Control B.V. will be led by Jim Carr as its Managing Director. Mr. Carr has over 20 years of executive level management experience in multinational corporations, entrepreneurial start-ups, and consulting, financial and investment organizations. He has a history of success in business development, service delivery, operations, design and implementation of technical solutions, and turn-arounds. He has years of international experience throughout the Americas and Europe, both as a senior executive for a multinational asset management company and working as the lead consultant to C-level executives of Ukrainian and multinational companies in Kiev, including banks and logistics, distribution, auditing, and software companies, supporting them in areas of corporate acquisitions, risk management, product launches, business improvement, and market potential. Mr. Carr has a Master’s degree in economic planning from UCLA.

“We are extremely excited to have Jim as part of the team to expand the reach of Hench Control in the European market,” said Matt Chang, Vice President of Sales and Marketing. “We have wanted to support Europe with our products and services for years, but prior to now have not had the infrastructure in place to execute on that initiative. This joint venture allows us to have the physical presence necessary in order to provide the proper support to be successful in Europe.”

About Hench Control B.V.
Hench Control B.V. is located at Kingsfordweg 151, 1043 GR Amsterdam, The Netherlands. For more information about Hench Control B.V. visit www.henchcontrol.nl or you can reach Jim Carr by phone at +31 20 491 7144. Please send general requests for information to sales@henchcontrol.nl.

About Hench Control, Inc.
Hench Control, Inc., winner of a National Energy Award, is a manufacturer and service provider of modular Energy Management Systems for industrial refrigeration. Hench Control’s self-contained, highly sophisticated systems quantifiably cut energy costs, improve profitability and significantly reduce the CO2 footprint for the environment. Founded in 1989, this pioneering energy management company is based in the San Francisco Bay Area and is the largest independent supplier of industrial Energy Management Systems in the United States. For more information about Hench Control, Inc. visit www.henchcontrol.com.