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October  2002
SALES DEVELOPMENTS

Sales Developments at
Mud Cat Div. of Baltimore Dredges, LLC

Baltimore Dredges' Mud Cat Dredge Division has announced some significant developments regarding its sales organization.

New International Representatives

Mud Cat has signed up representatives in sixteen countries. These include: China, Egypt, the Philippines, Korea, France, Brazil, India, and Bangladesh, among others. For more information, and for parties seeking to represent Mud Cat elsewhere.

Paul Quinn Joins Mud Cat as New Sales Director

Paul Quinn, formerly Sales Manager of Mobile Pulley, has joined Mud Cat as its Director of Sales. In that capacity he will be responsible for new dredge sales, both domestic and international, and customer service including spare parts and field service. Quinn had 17 years' experience at Mobile Pulley in a variety of significant capacities, and before that worked for Abex Corporation.

Gamal Elsaeed, Chairman of Baltimore Dredges, said "We are thrilled to have Paul lead our sales team; he has an unparalleled reputation in the dredging industry. He brings a lot to the table in terms of excellent customer service implementation, product knowledge, and industry contacts."

Quinn noted that "The dredge market has a lot of opportunities right now, and Mud Cat has the right products and the capabilities that the industry needs. I am looking forward to contributing to Mud Cat's success."

New Dredge Sales

Baltimore Dredges, LLC further announced that its Mud Cat™ Division has secured an interesting order from a major South American mining company, SQM, for a modified MC-2000 auger dredge with increased excavator horsepower compared to the successful standard model. Mud Cat also has letters of intent for two lake clean-up dredges: one in another Latin American country and one for Southeast Asia.

In other news, Bunting & Murray has just taken delivery of an Mud Cat sand mining dredge in Delaware, USA.