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Breaking News: Prince Minerals Acquires PEMCO International

New York, August 1st, 2013- Prince Minerals, Inc. ("Prince") announced today that it has acquired the PEMCO International group of companies ("PEMCO").

Founded in 1911, PEMCO is a leading producer of porcelain enamel and specialty frit based products for household appliances and a range of industrial, metallurgical and glass applications. The company has production facilities in Belgium, Italy, U.S.A., Argentina, and Brazil.

Willson Ropp, Prince Minerals CEO, commented, "The acquisition of PEMCO continues to strengthen Prince Minerals as the leading international producer of custom engineered additives and value-added mineral products. PEMCO has first class employees with an outstanding reputation for quality production, customer service and technical support. Our combined companies will enjoy significant growth opportunities as we continue to expand geographically and as Prince's raw material sourcing capabilities benefit PEMCO and its customers from both an economic and reliability perspective."

Under the new ownership, PEMCO intends to maintain its commercial and operational personnel. "We are looking forward to having them join our team," said Ropp.

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