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Denali Announces Proposed $28 Million Investment

09 May 2000

Denali Incorporated today announced that it has signed a letter of intent with William Blair Mezzanine Capital Fund in which Blair proposes to invest $28 million in Denali. The Company manufactures engineered fiberglass-composite tanks, vessels and piping systems, as well as steel, aboveground storage tanks. The Company also distributes a wide range of engineered products and systems. Headquartered in Houston, Texas, Denali Incorporated has over 20 manufacturing facilities in the United States, the Netherlands, Germany, the United Kingdom, Poland, France and Chile and joint ventures in Venezuela and Thailand. For more information on the Company, please visit its Web site at www.denaliincorporated.com.