FOR IMMEDIATE RELEASE

For more information, contact: Debbie Bockius

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THERMADYNE HOLDINGS COMPLETES EXCHANGE OFFER FOR $260 MILLION OF ITS 9% SENIOR SECURED NOTESST. LOUIS, MO — August 2, 2011 — Thermadyne Holdings Corporation announced today the completion of its offer to exchange $260 million of its 9% Senior Secured Notes due 2017,

which have been registered under the Securities Act of 1933 (the "Exchange Notes"), for the

$260 million of its outstanding 9% Senior Secured Notes due 2017 issued on December 3, 2010 in a private placement (the "Private Notes").

The offer and withdrawal rights expired at 5:00 p.m. New York time on August 1, 2011, at which time $260 million aggregate principal amount of the Private Notes had been tendered and not withdrawn. The Company has accepted for exchange all Private Notes validly tendered and not withdrawn prior to the expiration of the exchange offer.

The terms of the Exchange Notes are substantially identical to the terms of the Private Notes, including subsidiary guarantees, except that provisions relating to transfer restrictions, registration rights and related additional interest will not apply to the Exchange Notes.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security. The exchange offer was made solely by the prospectus dated July 1, 2011 and the related letter of transmittal.

About Thermadyne

Thermadyne, headquartered in St. Louis, Missouri, is a leading global manufacturer and marketer of metal cutting and welding products and accessories under a variety of leading premium brand names including Victor®, Tweco® / Arcair®, Thermal Dynamics®, Thermal Arc®, Stoody®, TurboTorch®, Firepower® and Cigweld®. For more information about Thermadyne and its products and services, visit the company’s website at www.Thermadyne.com.