Contact:  Morris H. Wheeler, Chairman & Chief Executive Officer
Cohesant Inc.
(216) 910-1700

For Immediate Release

COHESANT ANNOUNCES SHARE BUYBACK

BEACHWOOD, OHIO—(BUSINESS WIRE)—November 21, 2008—Cohesant Inc. (Pink Sheets: COHY) (“Cohesant”) today announced that it plans to purchase up to 100,000 shares of its common stock.

Purchases may occur in the open market or in privately negotiated transactions.  The price to be paid, timing of purchases and the aggregate number of shares to be purchased will be at the Company’s discretion and subject to market conditions.

Cohesant Inc., based in Beachwood Ohio, is engaged in the protection and renewal of drinking water distribution systems and wastewater collection systems for municipal, industrial, commercial and residential 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; AquataPoxy, CuraFlo, CuraPoxy, and Raven.

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, “believes,” “expects,” “anticipates,” “intends,” “estimates,” or similar expressions. Forward-looking statements relating to expectations about future results or events are based upon information available as of today’s 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.

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