MDR McDermott International Inc

McDermott International, Inc. (�McDermott�) (NYSE:MDR) announced today that its subsidiary, The Babcock & Wilcox Company (�B&W�), has purchased the Intech group of companies to expand B&W�s capabilities in serving the U.S. commercial nuclear service market, strengthen its position in the Canadian nuclear service market, and enhance its existing inspection services to fossil plant customers. The Intech companies comprise Intech, Inc., Ivey-Cooper Services, L.L.C. and Intech International Inc. Intech, Inc. provides nuclear inspection and maintenance services, primarily for the U.S. market. Intech International Inc. provides non-destructive testing, field engineering and repair, and specialized tooling services primarily for the Canadian nuclear power generation industry. Ivey-Cooper Services provides non-destructive inspection services to fossil-fueled power plants as well as chemical, pulp and paper, and heavy fabrication facilities. �The acquisition of the Intech group of companies aligns with our growth strategy by enhancing our level of service provided to nuclear and fossil customers,� said John A. Fees, Chief Executive Officer of B&W. �The Intech companies are a natural fit into our organization and we welcome them into our operations.� McDermott is an engineering and construction company, with specialty manufacturing and service capabilities, focused on energy infrastructure. McDermott�s customers are predominantly utilities and other power generators, major and national oil companies, and the United States Government. With its global operations, McDermott operates in over 20 countries with more than 20,000 employees.