Flotek Industries Introduces Kevin Fisher As Executive Vice President - Global Business Development

HOUSTON, Dec. 15, 2011 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) announced today that Marc K. "Kevin" Fisher has been named Executive Vice President, Global Business Development.

"Flotek is delighted to have the opportunity to complement our leadership team with someone with the depth and breadth of oilfield technology experience as Kevin Fisher," said John Chisholm, Chairman and President of Flotek Industries. "I have personally known and worked alongside Kevin for nearly his entire three decade-plus career in the oil patch and can think of no individual more capable to help lead the next chapter of technological innovation and sustainable growth at Flotek. His leadership, innovative thinking and ethic will be an asset for all Flotek stakeholders."

Most recently, Mr. Fisher served as the General Manager of Halliburton's Pinnacle division, a premier oilfield completion and consulting business. Prior to Halliburton's purchase of Pinnacle from Carbo Ceramics, Mr. Fisher served as President and Chief Executive Officer of Pinnacle Technologies and Executive Vice President of Carbo Ceramics. His involvement with Pinnacle dates back to 2000 when, prior to Carbo's purchase of Pinnacle, he served in a number of roles from Vice President of Business Development to President.

During his tenure at Pinnacle, the Company experienced consistent, annual double-digit revenue and profit growth. Under Mr. Fisher's leadership the Company grew from an independent private company, was purchased by Carbo Ceramics and, in turn, purchased by Halliburton, creating value for owners at each step of Pinnacle's evolution.

Prior to joining Pinnacle, Mr. Fisher spent seven years as the director of sales at ProTechnics, where he first worked with Flotek President John Chisholm. Alongside Mr. Chisholm, Mr. Fisher was instrumental in building the sales force and client base for ProTechnics' radioactive well tracing technologies which was ultimately purchased by Core Laboratories.        

Mr. Fisher began his oilfield career in 1979 as a Field Engineer at Halliburton, holding several positions at the integrated oilfield services company through 1993, including Global Marketing Manager. During his first tenure at Halliburton, Mr. Fisher gained invaluable experience in building key Halliburton brands in both domestic and international markets.

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