History

January 1967 - Power Replacement Inc. (PRI) was founded

August, 1995 - PRI develops high performance seal technology

September 1999 - DuraMax™ Radial seal patent awarded

March 1999 - DuraFlex™ Circ & Bypass seal patent awarded

September 2004 - DuraMax™ Radial seal patent Updated

April 2005 - Private Investor Group purchases PRI changes name to:
PARAGON AIRHEATER TECHNOLOGIES

August 2005- Patent Pending is awarded for coating DuraShield™

October 2005 - Joint Venture relationship with Mylsa, Mexico to manufacture baskets

August 2006 - Invests in new basket manufacturing line at Mylsa, Mexico

February 2007 - Paragon provides “Turnkey” airheater rebuild services

May 2008 - Paragon becomes Corporate Airheater Solution partner for Electric Utilities

January 2009 - Paragon expands international sales & marketing plan

August 2009 - Patent Pending is awarded for DuraPlus™

October 2009 - Joint Venture relationship with Smaltiflex, Italy to manufacture enameled baskets

February 2010 - Paragon introduces new DuraTEC™ enameling for baskets for the U.S. Market

May 2010 - Arborview Capital invests in Paragon

October 2010 - Paragon expands internal talent pool with combustion, efficiency and environmental performance experts