SOURCE: KSW Industries, Inc.

November 01, 2005 08:30 ET

KSW Industries, Inc. Announces Completion of Joint Venture for Its Heavy Oil and Tar Sands Extraction Process

TORONTO -- (MARKET WIRE) -- November 1, 2005 -- KSW Industries Inc. (OTC: KSWJ) is pleased to announce completion of its joint venture for the EM-100 process. Through the joint venture agreement terms, the company will have exclusive rights to market and license the EM-100 process worldwide. The company will also begin patent filings for its EM-100 process for heavy oil and tar sands extraction.

The company is also pleased to announce that it has appointed George Anderson as the new CEO and President for the company.

About KSW Industries, Inc.

KSW Industries (www.kswindustries.com) is a resource technology company that offers a unique EM-100 process method for non-conventional oil resources. KSW Industries' method uses electromagnetic fluctuations for controlling physical-chemical processes. EM-100 utilizes these electromagnetic fluctuations to change and alter the pentanes within heavy oil. Preliminary testing of EM-100 on hydrocarbon raw material of the lowest quality has yielded an output of high-quality converted products, with minimal withdrawals. KSW industries EM-100 does not require the use of any harmful chemicals, release any harmful gases and does not discharge any negative effluent into the environment.

Safe Harbor Statement

This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives, and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include, but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.

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