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AERCO Names Larry Rubin General Vice President

Northvale, NJ (February 10, 2004) - AERCO International, Inc., a leading supplier of commercial boiler and water heating products, and the inventor of semi-instantaneous water heating, has named Larry Rubin as its new general Vice President. With added P&L responsibility for the company, Rubin will oversee the implementation of AERCO's new Quality Management System, domestic and global material procurement, human resources, speed-to-market through the product development process, manufacturing operations and customer centric culture. Prior to this promotion, Rubin served three-and-a-half years as AERCO's vice president of operations where he directed production-related functions including manufacturing, supply chain management, planning, scheduling, quality control and information technology,.

"Larry has been an invaluable member of our organization," said Fred Depuy, president of AERCO, "implementing our supplier signal system, flow manufacturing process and visual business initiative to significantly increase the plant productivity and strengthen the financial position of the company. Most importantly, he championed the process discipline and teaming culture that's become the foundation of our organization."

"Teaming means everything to me," said Rubin. "The remarkable growth AERCO has experienced over the past few years reflects the sense of urgency, accountability and commitment to customer satisfaction shared by everyone throughout this organization. We have a world-class team and a culture that embraces change in pursuit of continuous improvement. As general vice president, I'll continue to invest in the facility upgrades, technologies, training and skill sets required to ensure AERCO's growth.

Before coming to AERCO, Larry acquired significant organizational and operation experience as a general manager at Tyco International's Cherry Hill facility directing all facets of his division, including manufacturing, financial, engineering and quality control. A native of Elmira, New York, Rubin earned a B.A. in business with a minor in psychology from Alfred University.

About AERCO
AERCO offers commercial boilers and water heaters that simplify infrastructure, reduce project costs and minimize lifecycle expenses for value-driven schools, hospitals and others seeking long-lasting, reliable, high-efficiency equipment. Founded in 1949, AERCO originated tankless water heating, introduced the first modulating and condensing gas-fired unit for the commercial market and helped pioneer the high-efficiency boiler category. For more information, contact AERCO at 800.526.0288 or visit www.aerco.com.



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