WATERLOO, ONTARIO--(Marketwire - Nov. 29, 2012) - TURBOSONIC TECHNOLOGIES, INC. (OTCQB:TSTA), a global provider of clean air technologies, today announced receipt of a US$1.2 million air pollution control system order for the supply of its SonicKleen™ wet electrostatic precipitator (WESP) to reduce particulate matter, volatile organic compounds and opacity emissions from a particle board dryer exhaust. The equipment is scheduled for delivery in the first half of calendar 2013.
This contract was awarded as a result of a new alliance between TurboSonic and Windsor Engineering Group Ltd., representing TurboSonic in Australia and New Zealand.
Edward Spink, TurboSonic CEO, said, "The wood products industry is an important market for TurboSonic, and we are pleased to add an installation in Australia to our global reference base. We believe that this new alliance with Windsor will help further expand our presence in this region."
For more information on the SonicKleen™ WESP, please visit: http://www.turbosonic.com/products/wesp.
For more information about Windsor, please visit: http://www.windsor.co.nz/.
TurboSonic Technologies (www.turbosonic.com) designs and markets air pollution control technologies to industrial customers worldwide. Its products help companies in the Cement and Mineral Processing, Ethanol & Biofuels, Metals & Mining, Petrochemicals, Power Generation, Pulp & Paper, Waste Incineration, and Wood Products industries meet the strictest emissions regulations, improve performance and reduce operating costs.
This press release contains statements that are forward-looking as that term is defined by the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties, such as: the consequences of our inability to consummate our merger with a wholly-owned subsidiary of MEGTEC Systems, Inc.; our dependence on environmental regulation to drive sales; the concentration of our revenues among a small group of customers who may vary from year to year; economic downturns; and other factors that may negatively affect our customers' demands for our products. These risks and uncertainties could cause actual results to differ materially from historical results or those we anticipate. In evaluating these statements, you should specifically consider the risks discussed in our Annual Report on Form 10-K for the fiscal year ended June 30, 2012 and other reports or documents that we have filed from time to time with the SEC. Our statements are based upon information known to us as of the date this report is filed with the SEC, and we assume no obligation to update or alter our forward-looking statements within this report, whether as a result of new information, future events or otherwise, except when required by applicable federal securities laws.
TurboSonic Technologies, Inc. (OTCQB: TSTA - News)