Walter Tosto S.p.A.

"May 6 - 9, 2017, Iran. Walter Tosto SpA participated to IranOil, one of the world's most important events dedicated to the Oil & Gas industry, in terms of number of participants and countries involved. Every year more than 1,800 exhibitors and about 400,000 visitors coming from over 40 countries participate at the exhibition in Iran." (May 2017) (http://www.waltertosto.it/news/latest-news/great-success-for-iranoil-2017?lang=en)

"Creating worry for businesses are the terms of the exemptions for contracts concluding before October 16.  'The deadline for final delivery was fixed at April 15, 2013,' explains Luca Tosto, Associate Director of his family business, Walter Tosto, with €100 million of turnover in the boiler, high tech equipment for oil and gas, petrochemical, energy, and pharmaceutical sectors.  'But maybe we understoood incorrectly: our production requires from 12-18 months and to think of having to deliver before April is impossible,' he explained." (Iran Italian Radio, "EU Sanctions Against Iran: European Companies Ask for Modifications," 11/03/12 -- Translated) (http://italian.irib.ir/notizie/iran-news/item/115718-ue,-sanzioni-all-iran,-societa-europee-chiedono-modifiche)

Iranian oil company Mehrgan PetroPars lists Walter Tosto as an official partner. (http://www.xn----ymcbl6adbq8mmais31ed14e.com/ResellersEn.aspx?Page=pNews&fID=5&PaID=102)

--