Mustang Engineering, L.P., (“Mustang”) a subsidiary of John Wood Group PLC (“Wood Group”), has acquired Ellipsys, Inc. (“Ellipsys”), a Houston-based systems integrator and provider of advanced application software and implementation services to the process and manufacturing industries. Ellipsys had revenues of $2.5 million for the year ended December 31, 2003, and net asset value at completion was $350,000. About Wood GroupWood Group is an international energy services company with $2.0bn sales, employing more than 13,000 people worldwide and operating in 34 countries. The Group has three businesses—Engineering & Production Facilities, Well Support, and Gas Turbine Services—providing a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil & gas, and power generation industries worldwide.About Mustang EngineeringMustang Engineering, a Wood Group company, is an independent services provider to the domestic and international oil, gas and chemical industries. Mustang specializes in design, engineering, procurement, project management and construction management of upstream oil and gas facilities and structures, midstream projects, process plants, petrochemicals and chemicals, pharmaceuticals, pipelines, and automation and control projects. Capabilities range from feasibility studies through startup for both onshore and offshore projects. Mustang has offices in Houston, Texas; Tampa, Florida; Birmingham, Alabama; Savannah, Georgia; Monroe, Louisiana; Martinez, California; Columbus, Ohio; and Philadelphia, Pennsylvania.
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