PTC Alliance finalizes $65 Million secured facility with JP Morgan

PTC Alliance finalizes $65 Million secured facility with JP Morgan Chase; receives additional $10 Million contribution from sponsor

 WEXFORD, Pa., August 27, 2015 /PRNewswire/ PTC Group Holdings Corp. (“PTC”, or “Company”) a leading
manufacturer of welded and DOM steel tubing and related products announced today that it has finalized an
agreement with JPMorgan Chase (“Chase”), under which Chase will provide a $65 million secured loan facility.
In addition, PTC announced that affiliates of Black Diamond Capital Management, LLC, the Company’s private
equity sponsor, has made an additional investment of $10 million.

The two transactions, which were finalized on August 27, 2015 significantly increase PTC’s liquidity, and provides
the company flexibility to expand on its leadership position in the DOM tubing market. The financing involves
only PTC’s profitable specialty tubing and chrome bar business, which consists of eight manufacturing facilities in
Western Pennsylvania and the Midwest. A separate entity, Kentucky-based PTC Seamless, which filed for
bankruptcy protection in April 2015, is not a party to this financing.

Mr. Curt Solsvig, CEO of PTC said, “We are very excited to be working with JPMorgan Chase, and appreciate
Chase’s and Black Diamond’s confidence in PTC. We look forward to partnering with both of them to further
improve PTC’s profitability and accelerate our growth.”

Christopher W. Parker, PTC’s Chairman of the Board and Senior Managing Director at Black Diamond Capital
Management added that, “The new facility with Chase and incremental $10 million investment positions PTC
well for the future. Black Diamond continues to be enthusiastic about our investment in the Company, and
looks forward to working with Chase and PTC’s management team on a variety of growth-oriented initiatives.”

About PTC

PTC Alliance Corp. is the leading manufacturer and marketer of welded and drawn over mandrel (“DOM”)
mechanical steel tubing, cold drawn seamless, fabricated, precision tubular components, and chrome-plated
steel bars. Major end –uses include construction and agricultural equipment, machinery and appliances, as well
as automotive, heavy truck and energy applications. The company employs approximately 1,000 people across
its 8 manufacturing facilities.

About Black Diamond

Black Diamond Capital Management, L.L.C is a leading alternative asset management firm with approximately
$8 billion in assets under management. Black Diamond’s control private equity funds focus on middle market
companies with market leadership positions within their sectors. Founded in 1995, Black Diamond employs 34
investment professionals and has offices in Greenwich, CT, Lake Forest, IL and London, England.

Contact: Andy Howley, Chief Financial Officer, PTC Group Holdings Corp.
412 – 299 – 2627