Exterran Corporation Appoints David A. Barta as Chief Financial Officer

October 31, 2016

corporate governance

October 31, 2016 - 5:50 PM EDT

Exterran Corporation Appoints David A. Barta as Chief Financial Officer

Exterran Corporation (NYSE: EXTN) (“Exterran” or the “Company”) today
announced the appointment of David A. Barta as Senior Vice President and
Chief Financial Officer Designate, effective on November 7, 2016. He
will succeed Jon C. Biro, who resigned as Chief Financial Officer,
effective today. Mr. Biro will assist the Company with the transition
process as needed.

Mr. Barta joins Exterran with nearly 30 years of financial and
leadership experience. From 2013 until joining Exterran, he served as
Senior Vice President and Chief Financial Officer at Accudyne
Industries, a global provider of highly-engineered industrial solutions
and aftermarket parts and services. Prior to Accudyne, Mr. Barta served
as Chief Financial Officer of Cooper Industries for two years, until he
oversaw the sale of the company to Eaton Corporation in 2012. He joined
Cooper from Regal Beloit Corporation, where he served as Chief Financial
Officer for six years. Mr. Barta previously spent nine years at Newell
Rubbermaid, Inc., where he held various finance roles of increasing
responsibility. Mr. Barta received his M.B.A. and J.D. from Indiana
University. He also holds a Bachelor of Science Degree in Accounting
from Indiana University and is a Certified Management Accountant and
Certified Financial Manager.

“We are delighted to welcome a talented financial executive of Dave’s
caliber to Exterran,” said Andrew J. Way, Exterran’s President and Chief
Executive Officer. “He brings extensive leadership experience, financial
acumen and a global perspective that will be beneficial for Exterran as
we continue working to improve our operations, drive growth and deliver
shareholder value.”

“I am delighted to join Exterran at such an exciting time in our
industry,” said Mr. Barta. “I look forward to working with Andrew and
the rest of the management team as we execute on the tremendous
opportunities we see for Exterran.”

Mr. Way added, “We appreciate Jon’s hard work and dedication during his
tenure and wish him well in his future endeavors.”

Mr. Barta will assume the role of Chief Financial Officer immediately
following the Company’s filing of its Form 10-K/A for the year ended
December 31, 2015 and Form 10Q for the periods ended March 31, 2016,
June 30, 2016 and September 30, 2016.

About Exterran Corporation

Exterran Corporation (NYSE: EXTN) is a market leader in compression,
production and processing products and services, serving customers
throughout the world engaged in all aspects of the oil and natural gas
industry. Its global product lines include natural gas compression,
process & treating and production equipment and water treatment
solutions. Outside the United States, Exterran Corporation is a leading
provider of full-service natural gas contract compression and a supplier
of new, used, OEM and aftermarket parts and services. Exterran
Corporation is headquartered in Houston, Texas and operates in
approximately 30 countries.

For more information, visit www.exterran.com.

Forward-Looking Statements

All statements in this release (and oral statements made regarding the
subjects of this release) other than historical facts are
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements rely on a number of assumptions concerning future events and
are subject to a number of uncertainties and factors, many of which are
outside Exterran Corporation’s (“Exterran”) control, which could cause
actual results to differ materially from such statements.
Forward-looking information includes, but is not limited to, Exterran’s
expectations regarding the anticipated timing and results of the Audit
Committee’s internal investigation; the anticipated timing for filing
restated financial statements with the SEC; and the impact and
materiality of errors on the Company’s financial statements.

While Exterran believes that the assumptions concerning future events
are reasonable, it cautions that there are inherent difficulties in
predicting certain important factors that could impact the future
performance or results of its business. Among the factors that could
cause results to differ materially from those indicated by such
forward-looking statements are unanticipated delays in completing the
Audit Committee’s internal investigation, the preparation and audit of
the Company’s previously filed financial statements and the
implementation of changes to the Company’s internal controls and
procedures.

These forward-looking statements are also affected by the risk factors,
forward-looking statements and challenges and uncertainties described in
Exterran’s Annual Report on Form 10-K for the year ended December 31,
2015, Exterran’s Registration Statement on Form 10 and Exterran’s other
filings with the SEC, which are available at www.exterran.com.
Except as required by law, Exterran expressly disclaims any intention or
obligation to revise or update any forward-looking statements, whether
as a result of new information, future events or otherwise.