SOURCE: Tarpon Industries, Inc.

July 28, 2005 08:30 ET

Tarpon Industries, Inc. Chairman and Chief Executive Officer Rings Bell on the American Stock Exchange

MARYSVILLE, MI -- (MARKET WIRE) -- July 28, 2005 -- Tarpon Industries, Inc. (AMEX: TPO), a manufacturer and distributor of structural and mechanical steel tubing and engineered steel storage rack systems, today announced that the company's Chairman and Chief Executive Officer, J. Peter Farquhar, rang the opening bell at the American Stock Exchange (Amex) on Tuesday, July 26, 2005. Also on hand for the bell ringing were, Pat Hook, Tarpon President, Michael Ard, a member of Tarpon's Board of Directors, Gary D. Lewis and Gary N. Lewis of Bainbridge Advisors, Inc., and Mark D. Tullio of McCloud Communications, LLC.

"I am honored to represent Tarpon's shareholders in the historic ringing-of-the-bell ceremony," commented Farquhar. "The American Stock Exchange has a rich history of being home to the world's leading global corporations. We look forward to a long and successful relationship with the Amex, and to the increased brand awareness among the financial community that comes with such a relationship."

Tarpon joins a long list of prestigious American Stock Exchange companies that have rung the bell to open trading on the exchange, a tradition dating back to 1921. Among those on hand for the opening ceremony were Neal Wolkoff, Chairman and Chief Executive Officer of the American Stock Exchange, and John McGonegal, the Amex's Senior Vice President of Equities. To view the video of Tarpon's ringing-of-the-bell ceremony, visit www.amex.com.

About Tarpon Industries, Inc.

Tarpon Industries, Inc., through its wholly owned subsidiaries, manufactures and sells structural and mechanical steel tubing and engineered steel storage rack systems. Through an aggressive acquisition-driven business model, the Company's mission is to become a larger and more significant manufacturer and distributor of structural and mechanical steel tubing, engineered steel storage rack systems and related products. For more information on Tarpon, please visit us at http://www.tarponind.com.

Forward-Looking Statements

Certain statements made by Tarpon in this presentation and other periodic oral and written statements, including filings with the Securities and Exchange Commission, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, as well as statements which address operating performance, events or developments that we believe or expect to occur in the future, including those that discuss strategies, goals, outlook or other non-historical matters, or which relate to future sales or earnings expectations, cost savings, awarded sales, volume growth, earnings or a general belief in our expectations of future operating results, are forward-looking statements. The forward-looking statements are made on the basis of management's assumptions and estimations. As a result, there can be no guarantee or assurance that these assumptions and expectations will in fact occur. The forward-looking statements are subject to risks and uncertainties that may cause actual results to materially differ from those contained in the statements. Some, but not all of the risks, include our ability to obtain future sales, our ability to successfully integrate acquisitions, changes in worldwide economic and political conditions, including adverse effects from terrorism or related hostilities including increased costs, reduced production or other factors, costs related to legal and administrative matters, our ability to realize cost savings expected, inefficiencies related to production that are greater than anticipated, changes in technology and technological risks, foreign currency fluctuations, increased fuel costs, increased steel costs as it relates to our selling price, work stoppages and strikes at our facilities and that of our customers, the presence of downturns in customer markets where the company's goods and services are sold, financial and business downturns of our customers or vendors, and other factors, uncertainties, challenges, and risks detailed in Tarpon's public filings with the Securities and Exchange Commission. Tarpon does not intend or undertake any obligation to update any forward-looking statements.

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