SOURCE: Sutron Corporation

August 05, 2008 09:30 ET

Sutron's 2008 July Bookings Exceed 2007

STERLING, VA--(Marketwire - August 5, 2008) - Sutron Corporation (NASDAQ: STRN), America's leader in dependable, long-lasting real-time remote hydro-met and oceanic monitoring and warning systems, announced today that during July 2008 the company received bookings (purchase orders and contracts) totaling $1,621,574 to provide equipment, systems and services for a variety of water and weather monitoring and control projects throughout the world.

The highlights of the bookings are as follows:

--  Sutron signed two Annual Maintenance Contracts valued at $663,156 with
    the Central Water Commission in India to provide maintenance for two Direct
    Readout Satellite Ground Stations and 44 remote Data Collection Platforms
    for a period of three years.
--  Sutron signed a "Blanket Purchase Contract" with the U.S. Geological
    Survey for five years to provide Satellite Transmitters, Data Loggers and
    Sensors. In July we received the first Purchase Order under this contract
    in the amount of  $306,051 for water level sensors and 100 Satlink2 GOES
    Transmitters in enclosures.
--  Sutron received Work Orders from the South Florida Water Management
    District (SFWMD) valued at $136,938.  "Sutron is very pleased to resume our
    good relationship with the SFWMD," commented Dr. Raul McQuivey, Sutron's
    President. "Over the last year the SFWMD conducted investigations on
    several contractors.  The Florida Inspector General's report last month
    completely exonerated Sutron, and, as a result, we expect to compete for
    and be awarded many more SFWMD Work Orders in the future."
--  Sutron received several orders from Canada totaling approximately
    $100,000 for Satlink2 GOES Satellite Transmitters.
--  Finally, Sutron received additional Purchase Orders from 59 various
    Customers totaling just over $400,000.

July 2008 bookings exceeded July 2007 bookings by over $200,000. Historically, August and September are Sutron's strongest bookings months.

Safe Harbor Statement

This release includes forward-looking statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "should" and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings with the SEC, including the disclosure under the heading "Business" and "Management's Discussion and Analysis" in the Company's Annual Report on Form 10-KSB filed on March 29, 2007. We are under no obligation to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information