May 01, 2009
Industry Specialists Unite to Form Global Engineering Services Organization

New Venture Enables Energy & Construction Companies Worldwide to Leverage a Full Spectrum of Engineering Expertise Through a Single Service Platform

NEW YORK, New York, May 1, 2009 --(BUSINESS WIRE)-- Cantara Global Pte Ltd of Singapore, Indonesia, and PT Prime Metal Engineering of Jakarta, Indonesia announced today the formation of Cantara Engineering International, LLC.

Headquartered in New York, NY, this exciting new venture was established to provide a holistic, cost-effective solution to the increasingly complex engineering needs of the construction and energy industries.

Cantara Engineering International is positioned to provide immediate value to its customers by combining 'select' expert resources, state-of-the-art technology platforms, and precision delivery methodologies from each of the founding partner companies. Accordingly, the company is already providing services to meet the burgeoning demand for high-quality structural detailing services in the United States.

The company also has the advantage of a strong capital base to support the continuous innovation and expansion of its world-class services platform. Founding company Cantara Global serves as the business process outsourcing arm of a $500M private equity fund providing shared service facilities as well as capital for acquisitions and other investments to its portfolio companies.

PT Prime Metal Engineering, which will now be named PT Cantara Engineering International, is a world-renowned provider of 3D modeling, detailing, and structural engineering solutions. The company specializes in steel tower and bridge structures, oil and gas equipment, plant systems, machine and gear, and power generation. With a staff of more than 500 experts, one of its main areas of concentration is to provide structural detailing and other engineering design services to its international energy and fabrication clients.

"This unique partnership will enable our construction and energy clients throughout the world to benefit from the savings and efficiency of a talented global workforce." says Adrian Viruet, Managing Director of Cantara Engineering. "Our clients enjoy 'around-the-clock' services enabling them to minimize down time and lost production while receiving the value and high standards of quality they expect." Mr. Viruet has over 18 years of experience in developing strategic alliances with multinational organizations.

"Cantara Engineering represents the combined horsepower of two world-class companies in Prime Metal Engineering and Cantara Global," adds Mr. Viruet. "This unprecedented alliance will enable our new and existing clients to compound the value and cost savings they already enjoy from the founding companies."

Contacts
Cantara Engineering International
Mira Halim
434.249.3647