CUI Global Announces Retail Sale of its VE Technology® to The Linde Group for Use in Liquid Natural Gas Processing Plant

CUI Global Announces Retail Sale of itsCUI Global Announces Retail Sale of its VE Technology® to The Linde Group for Use in Liquid Natural Gas Processing Plant PR Newswire TUALATIN, Oregon, Dec. 2, 2013 CUI Global, Inc. (NASDAQ: CUI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative products and technologies, today announced that its wholly owned subsidiary, Orbital Gas Systems Ltd., has received an order for three (3) sampling systems using its proprietary VE Technology from The Linde Group (www.linde.com). The units are being ordered for installation into a Norwegian liquid natural gas ("LNG") processing facility. The initial order is for three (3) specially designed probe/thermowells and has a value of £252,000 ($410,000). The VE units will be used to optimize the costly, but vital regeneration of drier beds in a large LNG processing plant. Drier beds are required to remove all moisture from the natural gas before liquefaction. If moisture is allowed to break through these beds the facility may have to be shut down for essential maintenance works, often costing millions of dollars. Moisture breaks through the beds as they become saturated over time. A regeneration process involving blowing thousands of tons of hot gas back through the beds is periodically required to keep beds functioning effectively.