Rewards Program Offers New Equipment with Three-Day Lead Time

SIMSBURY, CT – June 8, 2006 – Veeder-Root offers a new Rewards program for updating petroleum registration products and computers, announced Chris Kastner, General Manager of Petroleum Products for Veeder-Root. The program offers brand new equipment with a 24-month warranty and a three-day lead time.

For more than fifty years, Veeder-Root has offered a Remanufactured Equipment Program for petroleum registration products and computers. For the last sixteen years, customers of the loyalty program have actually been receiving brand new equipment with remanufactured labels as a strategy to compete with third party rebuilders and ensure the highest quality product possible to the field.

Veeder-Root’s loyalty program has now been redesigned to meet the changing demands and requirements customers are facing in the marketplace. The new “Rewards” program name reflects the benefits that Veeder-Root customers enjoy from their loyalty and repeat business.

With rising fuel prices in today’s market, accuracy and availability in registration equipment is more critical than ever. “Customers can’t go wrong with the new “Rewards” program – brand new equipment at remanufactured prices, and we accept any cores of any vintage toward the core credit exchange,” said Kastner.

For more information about the Veeder-Root Rewards Program, information is available at www.veeder.com or by calling 800.873.3313.

Veeder-Root [www.veeder.com] is a leading global supplier of automatic tank gauging and fuel management systems, including the Red Jacket® brand of submersible pumps and pressurized line leak detectors. Veeder-Root and Red Jacket brands are both market leaders with a tradition of excellence in the petroleum industry. Veeder-Root is headquartered in Simsbury, Connecticut.

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