PRESS RELEASE

Stone Fox Ventures Announces New Business Unit Global Cutting Tools, LLC
Private equity investment firm forms new business unit.

Grand Rapids, August 1, 2014: Stone Fox Ventures, a private equity investment, has formed a new business unit, Global Cutting Tools, LLC. Global Cutting Tools will manufacture and market high performance, specialty, custom and precision end mills.

The announcement was made by Robert M. Shindorf, Managing Member of Stone Fox Ventures and President of Conical Tool Company.

“At Conical Tool Company, we’ve always been developing and refining specialty, precision and high performance cutting tools. This new business unit will give us the opportunity to leverage the Conical Tool name and develop new business opportunities and new high performance cutters that otherwise wouldn’t be possible,” said Robert Shindorf. “Conical will continue to manufacture the cutting tools that made it a common name the world around, while Global will focus on new business and the best technology and geometries available. We will add additional product offerings to enhance our catalog and overall experience our customers receive.”

Conical Tool Company and Global Cutting Tools, based in Grand Rapids, Michigan, manufactures an innovative line of high performance, specialty, custom and precision end mills and cutting tools to support the manufacturing sector through many industries including: aerospace, agriculture, automotive, casting & foundries, defense, electronics, energy, furniture, medical, metalworking and plastics / composites.

The managing member of Stone Fox Ventures, Robert M. Shindorf, has extensive experience improving and developing manufacturing and distribution companies. Mr. Shindorf will serve as the company’s President and Chairman, using his experience in international manufacturing organizations to increase the company’s operational, financial and sales performance.

Stone Fox Ventures is a private equity investment firm that acquires, structures, manages and grows middle-market manufacturing, distribution and services companies with industrial and business customers. For more information, please visit http://stonefoxventures.com. For information on Conical Tool Company, please visit http://conicalendmills.com.

PRESS RELEASE

Stone Fox Ventures Announces New Business Unit Allied Industrial Supply, LLC
Private equity investment firm forms new business unit.

Grand Rapids, June 3, 2013: Stone Fox Ventures, a private equity investment, has formed a new business unit, Allied Industrial Supply, LLC. Allied Industrial Supply will support new business revenue opportunities for other Stone Fox Ventures holdings as well as leading brands in the metalworking, maintenance, repair and operating (MRO) industries..

The announcement was made by Robert M. Shindorf, Managing Member of Stone Fox Ventures and President of both Conical Tool Company and Global Cutting Tools.

“We’ve always been supporting customers in the MRO segments, and this new business unit will allow us to service them better in the regional and ecommerce realms. We’ve spent a number of months developing top tier vendors to be able to provide products and services which not only compliment our other business holdings, but enhance the customer experience,” said Robert Shindorf. “We will not only be able to supplement sales of Conical Tool Company and Global Cutting Tools, through enhanced local distribution, we will be able to add additional product offerings which add performance and value to our existing SKUs. For instance, our marketing material at Conical discusses the importance of proper cutting tool holders, now we can provide those as a valued added sale.”

Conical Tool Company and Global Cutting Tools, based in Grand Rapids, Michigan, manufactures an innovative line of high performance, specialty, custom and precision end mills and cutting tools to support the manufacturing sector through many industries including: aerospace, agriculture, automotive, casting & foundries, defense, electronics, energy, furniture, medical, metalworking and plastics / composites.

Allied Industrial Supply, will be a broad line supplier of metalworking and maintenance, repair and operating (MRO) products for industrial customers throughout the state of Michigan supports the manufacturing sector through many industries including: aerospace, agriculture, automotive, casting & foundries, defense, electronics, energy, furniture, medical, metalworking and plastics / composites.

The managing member of Stone Fox Ventures, Robert M. Shindorf, has extensive experience improving and developing manufacturing and distribution companies. Mr. Shindorf will serve as the company’s Chairman, using his experience in international manufacturing organizations to increase the company’s operational, financial and sales performance.

Stone Fox Ventures is a private equity investment firm that acquires, structures, manages and grows middle-market manufacturing, distribution and services companies with industrial and business customers. For more information, please visit http://stonefoxventures.com. For information on Conical Tool Company, please visit http://conicalendmills.com.

PRESS RELEASE

Stone Fox Ventures Announces Acquisition of the Assets of Lagis Corp
Conical Tool Company acquires local resharpening and custom tool manufacturer

Grand Rapids, March 21, 2014: Conical Tool Company, a portfolio company of Stone Fox Ventures, has acquired the assets of Lagis Corp d/b/a ATCO, Inc. ATCO has been a leading resharpening service and custom cutting tool manufacturer in Ft. Wayne, Indiana since 1973.

The assets of ATCO will be moved to Conical Tool Company’s Grand Rapids, MI facility and used to expand the product offerings, capacity and capabilities of the organization. A revenue sharing agreement has been reached with the shareholders of Lagis Corp to continue supporting the existing customers in the Ft. Wayne Metropolitan Area.

This asset consolidation will add to the continuing operational improvements of Conical Tool Company and support the expansion of new high performance and specialty cutting tools.

Conical Tool Company, based in Grand Rapids, Michigan, manufactures an innovative line of high performance, specialty, custom and precision end mills and cutting tools to support the manufacturing sector through many industries including: aerospace, agriculture, automotive, casting & foundries, defense, electronics, energy, furniture, medical, metalworking and plastics / composites.

Stone Fox Ventures is a private equity investment firm that acquires, structures, manages and grows middle-market manufacturing, distribution and services companies with industrial and business customers. For more information, please visit http://stonefoxventures.com. For information on Conical Tool Company, please visit http://conicalendmills.com.

PRESS RELEASE

Stone Fox Ventures Announces Acquisition of 3890 Buchanan Ave SW
Private equity investment firm acquires for expansion of cutting tool business.

Grand Rapids, November 28, 2012: Stone Fox Ventures, a private equity investment, has acquired 3890 Buchanan Ave SW, LLC f/k/a Conical Real Estate, LLC. 3890 Buchanan Ave SW, LLC is a modern industrial building in a premier location.

3890 Buchanan Ave SW, LLC will serve as the continued location for Conical Tool Company, based in Grand Rapids, Michigan, which manufactures an innovative line of high performance, specialty, custom and precision end mills and cutting tools to support the manufacturing sector through many industries including: aerospace, agriculture, automotive, casting & foundries, defense, electronics, energy, furniture, medical, metalworking and plastics / composites.

Additionally, 3890 Buchanan Ave SW, LLC will serve as the future home for Stone Fox Ventures as it

Stone Fox Ventures is a private equity investment firm that acquires, structures, manages and grows middle-market manufacturing, distribution and services companies with industrial and business customers. For more information, please visit http://stonefoxventures.com. For information on Conical Tool Company, please visit http://conicalendmills.com.

PRESS RELEASE

Stone Fox Ventures Announces Acquisition of Conical Tool Company
Private equity investment firm acquires international recognized leader in specialty cutting tools.

Grand Rapids, November 28, 2012: Stone Fox Ventures, a private equity investment, has acquired Cut Above Tool Company, Inc. d/b/a Conical Tool Company. Conical Tool Company has been a leading global manufacturer and distributor of tapered end mills and specialty tooling since 1944.

Conical Tool Company, based in Grand Rapids, Michigan, manufactures an innovative line of high performance, specialty, custom and precision end mills and cutting tools to support the manufacturing sector through many industries including: aerospace, agriculture, automotive, casting & foundries, defense, electronics, energy, furniture, medical, metalworking and plastics / composites.

The managing member of Stone Fox Ventures, Robert M. Shindorf, has extensive experience improving and developing manufacturing and distribution companies and specializes in troubled assets. Mr. Shindorf will serve as the company’s President and Chairman, using his experience in international manufacturing organizations to increase the company’s operational, financial and sales performance.

Stone Fox Ventures is a private equity investment firm that acquires, structures, manages and grows middle-market manufacturing, distribution and services companies with industrial and business customers. For more information, please visit http://stonefoxventures.com. For information on Conical Tool Company, please visit http://conicalendmills.com.