TurboSonic Technologies, Inc.

TurboSonic Technologies, Inc.

July 09, 2012 08:45 ET

TurboSonic Awarded US$800,000 Contract from European Non-Ferrous Metals Producer

WATERLOO, ONTARIO--(Marketwire - July 9, 2012) - TurboSonic Technologies, Inc. (OTCBB:TSTA), a global provider of clean air technologies, today announced receipt of an $800,000 order for the supply of its SonicKleen™ wet electrostatic precipitator (WESP) technology to control particulate emissions from lead production. The equipment is scheduled for delivery at the end of this calendar year.

TurboSonic's SonicKleen™ WESP was selected to upgrade performance of an existing pollution control system to enable the production facility to meet new, lower emission control requirements.

Edward Spink, TurboSonic CEO, noted, "This order is an exciting addition to TurboSonic's installed base of WESPs worldwide. This is the first SonicKleen™ WESP supplied to the non-ferrous metallurgical industry, representing expansion into a new industrial application. We believe that this market represents a significant potential for sales of our products."

For more information on the SonicKleen™ WESP, please visit: http://www.turbosonic.com/products/wesp.

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: 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; our ability to secure additional financing; 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, 2011 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. (OTC Bulletin Board: TSTA - News)

Contact Information

  • TurboSonic Technologies, Inc.
    Ed Spink
    519-885-5513 ext. 214

    TurboSonic Inc.
    550 Parkside Drive
    Waterloo, ON, Canada N2L 5V4
    519-885-6992 (FAX)

    TurboSonic Inc. Italian Branch
    VIA IV Novembre, 92
    Bollate, Milano, 20021, Italy
    39-02-33301943 (FAX)