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					Jason Gies
Firehole Technologies Inc.
Phone: +1 (307) 460-4763

   Firehole Technologies receives award for computer simulation of ceramic composites
               Wyoming firm looks to add to its industry leading software suite

Laramie, Wyo. – March 29, 2010 Firehole Technologies, Inc., (, a
leader in the development of analysis software for advanced composite structures, has received
funding to expand their software suite.

The Phase 0 award, from the Wyoming Small Business Innovation Research (SBIR)/Small
Business Technology Transfer (STTR) Initiative (WSSI) and the Wyoming Business Council,
will be used to investigate extending Firehole’s industry leading simulation software,
Helius:MCT™, to model ceramic matrix composites (CMCs).

“CMCs have the potential to dramatically increase energy efficiencies in gas turbine engines.
However, CMCs are particularly susceptible to something the industry calls foreign object
damage, or FOD, which has kept them from widespread use,” said Dr. Ray Fertig, senior
research engineer at Firehole. “Even small pieces of sand can cause an unacceptable amount of
damage to an engine’s turbine blades.”

Firehole intends to build simulation software to enable engineers to optimize their CMC designs
to minimize the impact of FOD.

The research is a response to a need identified by the U.S. Navy, which is looking to CMCs to
increase power in future aeroengine applications.

“Firehole has a long history of developing products through cutting-edge research, and we are
thankful for the support we countinue to receive from the state of Wyoming,” said Firehole CEO,
Jerad Stack. “It is programs like the WSSI Phase 0 that allow growing technology business like
us to thrive in Wyoming.”

About Firehole Technologies Inc.

Firehole Technologies supplies innovative computer-aided simulation software and services for
composite materials to the aerospace, defense, automotive and energy industries. Firehole’s
Helius:MCT™ software enables the design of composite structures without the numerous
expensive testing cycles traditionally deployed, allowing for a faster time-to-market and more
reliable designs. The company’s mission is to enable wide-spread use of composite materials
leading to lighter, stronger and more fuel efficient applications. For more information, visit

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