Bartlett Holdings, Inc. Announces the Acquisition of Numanco LLC.

PLYMOUTH, Mass. -- Bartlett Holdings, Inc. (Bartlett) completed the acquisition of Numanco LLC, a company previously-owned by American Electric Power Corporation (AEP). Numanco LLC is comprised of Numanco Services (Numanco), a provider of temporary staff augmentation services to commercial nuclear utilities, and SUN Technical (SUN), a provider of temporary staff augmentation services, specializing in professional and technical employees, to both nuclear and fossil sites within the utility industry.

"The union of Bartlett and Numanco marks a significant milestone in our company's history," stated Bill Nevelos, President and CEO of Bartlett. "There is significant synergy between the customers and services of these two longstanding companies that will provide greater value to the industry as a whole."

The Numanco acquisition will continue to strengthen Bartlett's capabilities and achieve its growth goals and strategic business plan objectives. The complementary fit between the two companies will also help mitigate industry concerns, identified by the Nuclear Energy Institute, regarding the effective utilization of a shrinking nuclear workforce. In addition to extending its core business, Bartlett will be well positioned to focus on new market opportunities across a wider customer base as a result of SUN's expertise in providing professional and technical services.

About Bartlett

Bartlett, founded in 1979 and privately-owned, is the largest provider of radiation protection personnel and decontamination/decommissioning services to the United States commercial nuclear power facilities. Bartlett also serves the remainder of the utility industry, the Department of Energy and Department of Defense. Bartlett's home office is based in Plymouth, Massachusetts, with regional offices in Connecticut, California, Florida, Pennsylvania, Tennessee and Virginia. At various time of the year, Bartlett staffs over 3,000 employees. Boston-based private equity firms Berkshire Partners and Summit Partners lead an investment in Bartlett in early 2004.

About Numanco

Numanco LLC, founded in 1975, is majority-owned by AEP and based in Tulsa, Oklahoma. Numanco provides temporary staff augmentation services, including radiation protection and decontamination technicians to the commercial nuclear power industry and one decommissioned reactor. These technicians generally support scheduled refueling, steam generator replacement, and maintenance outages. At various points of the year, Numanco staffs nearly 600 employees.

About SUN Technical

SUN Technical, founded in 1981, is based in Reno, Nevada. SUN provides professional and technical staff, such as engineers, planners, schedulers, power plant operators, instrumentation and calibration technicians, and specialized craft personnel to the utility industries, including both nuclear and fossil sites. At various points of the year, SUN staffs over 1,000 employees.