SOURCE: Flotek Industries, Inc.

May 23, 2007 11:30 ET

Flotek Industries, Inc. Named Top Public Company by Houston Chronicle

HOUSTON, TX -- (MARKET WIRE) -- May 23, 2007 -- Flotek Industries, Inc. (AMEX: FTK), a technology driven growth company that is a leading oilfield service provider to the oil, gas and mining industries, placed 56th overall in "The Chronicle 100." The Chronicle 100 is a special business report in the Houston Chronicle newspaper that ranks leading publicly traded companies in the Houston area. Publicly traded companies in the Houston area are ranked using four performance criteria for 2006. The overall score is the average of the rankings for these criteria: total revenues, annual growth in earnings per share, annual revenue growth and one-year total return.

                                  REVENUE        TOTAL      EARNINGS PER
-----------  ----------------    ----------   -----------   ------------
   Rank      $ millions  Rank    %     Rank   %      Rank   %       Rank
   56th      $100.6     124th    90.4%  7th   50.4%  30th   29.8%   86th
Flotek manufactures and markets innovative specialty chemicals, downhole drilling and production equipment, and manages automated bulk material handling, loading and blending facilities. It serves major and independent companies in the domestic and international oilfield service industry. For additional information, please visit Flotek's web site at

Contact Information

    Flotek Industries, Inc.
    Rosalie Melia
    Corporate Secretary