MHPS Announces Integration PWPS IGT Business into MD&A

MD&A now offers full scope LTSA and Transactional Service, Parts,
Repairs and Upgrades for GE and Siemens Gas Turbines, Steam Turbines and
Generators

• MD&A now has two leading OEM’s supporting their products and
  services.
• Unified team at MD&A will offer a full suite of services, parts,
  repairs and upgrades for 7EA, 7FA and V94.3AX gas turbines in simple
  cycle and combined cycle configurations.

LAKE MARY, Fla.–(BUSINESS WIRE)–Mitsubishi Hitachi Power Systems Americas (MHPS Americas) today
announced the integration of all operations of PW Power Systems’ (PWPS)
Industrial Gas Turbine (IGT) division with Mechanical Dynamics and
Analysis (MD&A). Both businesses are widely recognized leaders in
providing power generation service, parts, and repairs. This integration
will be effective April 1, 2018.

MHPS Americas CEO Paul Browning said, “MHPS focuses not only on
providing industry-leading service to MHPS and PWPS technology, but is
also focused on the installed fleets of other OEM’s. Today’s
announcement shows our determination to drive a Change in Power,
providing the best and most efficient service solutions to our global
customer base.”

MD&A – Recognized Global Leader in Service

For more than three decades, MD&A has been the resource companies sought
as a trusted alternative to provide service, parts, repairs and upgrades
for a variety of gas turbines, steam turbines, and generators. MD&A has
built a reputation as an experienced and customer-focused source for
service to its global customer base regardless of OEM equipment type.
With the addition of PWPS’ leading experience in the hot gas path
component and repair space, customers will now find fully integrated
service capabilities available with one trusted team.

MD&A CEO John Vanderhoef said, “MD&A has been committed to providing
unmatched customer service for upgrades, maintenance, and parts for more
than 30 years, but the addition of PWPS’ products and people will truly
make the business a holistic provider of power generation services.
We’re excited to integrate our capabilities with the widely respected
and proficient team at PWPS and know that this combined effort will
better deliver enhanced value to our customers.”

About MD&A

Mechanical Dynamics & Analysis (MD&A) provides power generators around
the globe with a full-service, OEM-alternative for services, parts, and
repairs for gas turbines, steam turbines and generators.
In our 35 years, our commitment to excellence has earned customer trust
for all turbine-generator needs. We focus on delivering consistent
quality and value with fast response, superior communications, and
innovative solutions.

MD&A is easy to work with. We provide immediate access to expert help
when you need it, where you need it. For every repair job, large or
small, the speed and effectiveness of our response team is matched only
by the depth and breadth of our engineering expertise.

About PWPS

PW Power Systems, formerly Pratt & Whitney Power Systems, was acquired
by Mitsubishi Heavy Industries, Ltd., in May 2013 and changed its name
to PW Power Systems, Inc. (PWPS). Transitioned to MHPS in August 2017
and then integrated with MHPS Americas in April 2018, PWPS has exclusive
access to Pratt & Whitney® advanced technology, future development
rights to Pratt & Whitney® aero-engines, as well as ongoing engineering
and aero-engine production.

PWPS has over 2,000 gas turbine units installed and has designed and
built 300 turnkey systems. PWPS offers both simple and combined-cycle
units which have accumulated over 19 million operating hours. The PWPS
product line includes aero-derivative gas turbines from 30-140 MW
including the FT8® MOBILEPAC® or FT8® and FT4000® SWIFTPAC® package
configurations, as well as Aftermarket Services and Engineering,
Procurement, and Construction (EPC) of turnkey systems. For more
information, go to www.pwps.com.

About Mitsubishi Hitachi Power Systems Americas, Inc.

Headquartered in Lake Mary, FL, MHPS Americas employs more than 2,000
people who design, build, install, monitor and service aero-derivative
and heavy-duty natural gas, steam and geothermal turbines, generators,
and environmental control systems throughout North and South America.
MHPS Americas also collaborates with customers to deploy artificial
intelligence and low carbon technologies to take the cost and carbon out
of the electric power value chain. MHPS Americas is subsidiary of
Mitsubishi Hitachi Power Systems, a joint venture between Mitsubishi
Heavy Industries, Ltd. and Hitachi, Ltd. PWPS and MD&A are wholly
owned subsidiaries of MHPS Americas.

Learn more about the Revolutionary Energy of MHPS Americas by visiting www.changeinpower.com.

MHPS is a subsidiary of Mitsubishi Heavy Industries headquartered in
Tokyo, Japan. (7011:JP)

Contacts

Mitsubishi Hitachi Power Systems Americas
Media Contact:
David
Rosenberg, +1-407-562-0563
[email protected]
or
Customer
Contact:
Jay Eldridge, MD&A, +1-518-399-3616
[email protected]