SOURCE: Flanders Corporation

September 13, 2005 17:26 ET

Flanders Corporation, Through Its Subsidiary Global Containment Systems, Inc., Receives Basic Order Agreement With Duke Cogema Stone & Webster, LLC.

ST. PETERSBURG, FL -- (MARKET WIRE) -- September 13, 2005 -- Flanders Corporation (NASDAQ: FLDR) today announced that its wholly owned subsidiary Global Containment Systems, Inc. has signed a basic order agreement with Duke Cogema Stone & Webster, LLC in connection with the Mixed Oxide Fuel Project (MOX) in Aiken South Carolina.

Additionally, Global Containment Systems has received the first preliminary task orders on this project.

Global Containment Systems is a ASME NQA-1 company providing design, engineering, scheduling, procurement and document control, design control, manufacturing and fabrication, integration, mechanical, electrical, instrumentation and piping, and erection, start-up, testing, balancing, and acceptance, project and construction management, preventative maintenance, and aftermarket service.

Flanders Corporation is a leading air filtration products manufacturer. Flanders' products are utilized by many industries, including those associated with commercial and residential heating, ventilation and air conditioning systems, semiconductor manufacturing, ultra-pure materials, biotechnology, pharmaceuticals, synthetics, nuclear power and nuclear materials processing.

This press release contains forward-looking statements that are inherently subject to risk. These forward-looking statements are not intended to be promises or predictions of the future and may be affected by a number of factors that may change the currently anticipated outcome. These factors include market acceptance of Flanders' products, including products from its Global Containment Systems, Inc. subsidiary, the ability to secure contracts for Global Containment, the ability to fulfill orders processed, business generated as expected, competition in the marketplace for Flanders' products, the success of retailers and distributors through which Flanders sells its products, Flanders' ability to contain costs and maintain production and efficiency with a reduced workforce, a determination by potential Flanders customers that the higher cost of its high-end filtration systems can be justified for general application, Flanders' ability to successfully retrofit existing buildings with effective sophisticated filtering and air handling systems, and the development of increased demand for its high-end products. Many of these factors are not within Flanders' control. These factors, and others, are discussed in Flanders' periodic reports filed with the Securities and Exchange Commission and should be reviewed by the reader of this press release.

For further information on Flanders and its products, visit its web site at http://www.flanderscorp.com/ or contact Steven Clark at (727) 822-4411.

Contact Information

  • Contact:
    Steven Clark
    Chief Executive Officer
    Flanders Corporation
    (727) 822-4411