NEW YORK (Standard&Poor's) April 23, 2008--Standard&Poor's Ratings Services said today it revised its outlook on Chart Industries Inc. to positive from stable and affirmed its 'B+' corporate credit rating on the company. "The revised outlook reflects strong operating performance and a significant improvement in leverage," said Standard&Poor's credit analyst Amy Eddy. Since we initially rated the company, Chart has doubled its EBITDA from approximately $50 million to more than $100 million and its backlog from less than $200 million to more than $450 million. In addition, Chart has repaid $90 million on its term loan. The strong operating performance in its distribution and storage business has been driven by rising GDP levels, and growth
