HMS Group acquires Spaix pump sales system

Hydromashservice, a subsidiary of HMS Group, signed an agreement with Vogel Software (Germany) for purchase of SpaixV3 sales solution system designed for calculation and selection of pumping systems. HMS Group is the first Russian manufacturer of pumping equipment to purchase such software.

The system will be used for advanced search in database containing all the main types of centrifugal pumps produced by Group companies and their special design characteristics. SpaixV3 enables different users to provide a requested scope of functions. This makes the software suitable for internal sales as well as partners, distributors or customers.

Software solutions produced by Vogel Software are successfully used by the leading international manufacturers of pumping equipment. This sales system will enable optimization and facilitation of pumping equipment selection process.

The HMS Groupis the leading pump manufacturer and provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS. The HMS Group’s products are mission-critical elements of projects across a diverse range of industries. The Group reported revenues of RUB 7.1 billion, adjusted EBITDA of RUB 1.6 billion and profit for the period of RUB 1 billion for the three months ended March 31, 2011. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.