TurboSonic Technologies, Inc.
OTC Bulletin Board : TSTA

TurboSonic Technologies, Inc.

November 14, 2005 15:18 ET

TurboSonic Inc. Reports First Quarter Operating Results

WATERLOO, ONTARIO--(CCNMatthews - Nov. 14, 2005) - TURBOSONIC TECHNOLOGIES, INC. (OTCBB:TSTA), a leading provider of air pollution control technology, today announced the following unaudited operating results for the first three months of its fiscal year ending June 30, 2006:

Three Months Ended
09/30/05 09/30/04
U.S. Dollars

Total Revenues $ 3,493,203 $ 2,447,035
Net Income $ 152,633 $ 127,256
Net Income per Share $ 0.01 $ 0.01
Weighted Average Number of
Shares Outstanding 13,179,715 13,134,030

Commenting on the Company's results, Edward Spink, TurboSonic's Chairman and CEO, said, "Through successful contract negotiations and project cost reductions, we have completed our third quarter of successive growth in profitability. Our hiring of key additional staff, as part of our strategic planning, has prepared us for an increasing level of new contracts. Improved margins reflected in our backlog of $9.9 million entering our second fiscal quarter, emphasizes the progress we are making."

TurboSonic Technologies (www.turbosonic.com) designs and markets air pollution control technologies to industrial customers worldwide. Its products are designed to meet and exceed the strictest emissions regulations, improve performance, reduce operating costs and recover valuable by-products.

Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statement. Factors that impact such forward-looking statements include, among others, changes in general economic conditions, interest rates, government regulations, and competition. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statement, see the annual report on Form 10-KSB and other documents the Company files from time to time with the Securities and Exchange Commission.

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