DOYLES - CHIEF OF THE TRADE

Houston, TX (July 07, 2008) DOYLES, an oilfield pressure control equipment company, today announced the latest move in their five-year growth plan, the acquisition of Quality Valve & Machine Works (QVM) of Houston, Texas. 

"We've been growing quickly and smartly, and Quality Valve is a perfect fit for us", says Dan Henderson, President and CEO of DOYLES. "With all of the consolidation going on in the industry, it's critical to capture more market share, expand your product line and expand your customer base.  The Quality Valve acquisition gives us all of that, plus a larger presence as a U.S. manufacturer.  That's critical because U.S. manufacturing is still regarded as among the best in the world.  Quality Valve, with an excellent reputation in that regard, gives us a platform to build on as we continue to evolve DOYLES into a full-fledged manufacturing company."

In addition to manufacturing valves similar to those that DOYLES presently sells, QVM manufactures several proprietary products, such as the highly popular Model 33 valve, the CheckMaster check valve and others.  But QVM's best assets, according to Berney Linder, President of Quality Valve, are the company's experience and service-first philosophy.

"What impressed me the most about DOYLES," Linder notes, "is that their business philosophy is the same as ours, namely, treat your customers as respected partners and provide them with unparalleled service.  That's both reassuring and remarkable, especially from a company with such youthful top management.  Their philosophy - integrity, responsiveness and delivery - is the biggest reason why I agreed to entrust my company in their hands."

DOYLES will consolidate management within both companies and continue to operate QVM's facilities in Huntsville and Houston.  Berney Linder, president of QVM, will serve as an active director and strategic advisor to the company for at least two years.

DOYLES, in business since 1974, is an API 6A, 16A, and 16C licensed manufacturer.  In addition to its own re-manufactured equipment, DOYLES repairs, manufactures, stocks and supplies a wide variety of well pressure-control equipment, including choke and kill manifolds, blowout preventers, valves, chokes and more.