1/8/2008 Salvo Technologies Establishes Salvo Coatings

March 26, 2015

Largo, FL—Salvo Technologies LLC, a private equity group focused on the security and defense sector, is proud to announce the formation of Salvo Coatings LLC, a division dedicated to the development of thin­ and thick ­film products, technologies, and services. Salvo Coatings will be a boutique coating firm specializing in custom formulations. It will initially target the defense industry, but Salvo technologies established the division with the specific purpose of advancing coating technologies across multiple markets by leveraging an experienced staff with a variety of coating backgrounds. “Salvo Coatings gives us another way to distinguish ourselves in the marketplace by creating a vertically integrated enterprise,” said Patrick Kelly CTO at Salvo Coatings “When we founded Salvo Technologies in 2006, we wanted to serve the market with innovative products, not the same stuff that all of our competitors were doing. The launch of Salvo Coatings gives us the right mix of skills and IP to differentiate ourselves.”

To form the new division, Salvo Technologies purchased the Georgia­ based supplier MK Coatings. Launched in the 1990s, MK Coatings initially specialized in low­ VOC marine treatments but subsequently broadened to specialty offerings like epoxies, enamels, and optical thin films for niche customers. Although the company’s high­tech expertise offers enormous upside in terms of serving the defense market and delivering custom capabilities, its commercial product lines play an essential role in the overall health of the organization. The balance between the military and commercial revenue streams helps insulate Salvo Coatings from the ups and downs of any one market.

Salvo Coatings plans to build on the MK Coatings tradition of innovation, quality, and customer service. “We’ve spent the last several years at MK coatings developing products that have put us ahead of our competitors and helped us gain entry into multiple markets,” Patrick Kelly continued, former MK Coatings director. “with the additional resources and customer pull that the new division brings to us, we can take our growth into high gear.”

About Salvo Technologies LLC

Salvo Technologies LLC invests in and develops manufacturing companies serving the defense, security, medical, industrial, and commercial markets. From its inception in 2007, it has grown into an organization with global reach and manufacturing capabilities on two continents. Its divisions provide a range of world-­class products including thin­ and thick-­film coatings, high­-reliability optical and electro­optical components like fire-­control optics, and imaging solutions with an emphasis on multispectral and polarimetric systems. Salvo Technologies is a privately held company headquartered in Largo, FL. For more information please visit www.Salvo-­Technologies.com.

Media Contact

Patrick Kelly

CTO

Patrick.Kelly@SalvoCoatings.com

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