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BEACHWOOD, Ohio--([ BUSINESS WIRE ])--Cohesant Inc. (Pink Sheets: COHY) (aCohesanta) today announced the completion of its 1-for 50,000 reverse stock split (the aReverse Stock Splita) of its Common Stock, $.01 par value, which was followed immediately by a 50,000-for-1 forward stock split (together with the Reverse Stock Split , the aStock Splitsa). The Stock Splits were approved by Cohesantas stockholders at a special meeting held on December 19, 2011. The Stock Splits became effective at the close of business on December 21, 2011.

Stockholders of record owning fewer than 50,000 shares of Common Stock immediately preceding the Reverse Stock Split will be paid $0.60 in cash for each pre-Reverse Stock Split share of Common Stock in lieu of receiving fractional shares.

ABOUT COHESANT INC.

Cohesant, based in Beachwood, Ohio, is engaged in the protection and renewal of drinking water distribution systems and wastewater collection systems for municipal and industrial infrastructure and the design, development, manufacture and sale of specialty coatings and equipment used to apply such coatings. The Company markets its products under numerous trade names including Raven and AquataPoxy.

Safe Harbor Statement

This communication contains forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, particularly those statements preceded by, followed by, or that otherwise include the words, abelieves,a aexpects,a aanticipates,a aintends,a aestimates,a or similar expressions. Forward-looking statements relating to expectations about future results or events are based upon information available as of todayas date, and there is no assumed obligation to update any of these statements. The forward-looking statements are not guarantees of future performance, and actual results may vary materially from the results and expectations discussed. These forward-looking statements are made subject to significant risks and uncertainties that could cause actual results to differ materially from those stated. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Cohesant Inc. undertakes no obligation to publicly release any revisions to these forward looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.