TurboSonic Awarded US$2.5 Million Installation Contract
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WATERLOO, ONTARIO, Jul 23 (MARKET WIRE) --
TurboSonic Technologies, Inc. (OTCBB: TSTA), a global leader in the
design and supply of industrial air pollution control technologies, today
announced receipt of a US$2.5 million contract for installation of a
previously ordered SoniCool(TM) Evaporative Gas Cooling System for a US
cement plant, bringing the total project value to US$3.6 million.
As reported in April 2008, the SoniCool(TM) system to be installed under
this latest contract, uses TurboSonic's patented liquid atomization
technology developed to accurately control industrial process gas
temperatures, to minimize the formation of dioxins in the gas stream. The
entire project is scheduled for completion in this calendar year.
Edward Spink, TurboSonic's CEO commented, "We are very pleased with the
award of this final part of the project, which demonstrates the continued
confidence of this major international cement producer in TurboSonic's
design and engineering capabilities. This is another step in our growth
plan to supply equipment as well as full installation/construction
service packages to maximize our long-term revenue growth and
profitability from each order received."
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,
Metals & Mining, Petrochemicals, Power Generation, Pulp & Paper, Waste
Incineration, and Wood Products industries comfortably meet the strictest
emissions regulations, improve performance and reduce operating costs.
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.
TurboSonic Technologies, Inc. (OTC Bulletin Board: TSTA - News)
Contacts:
TurboSonic Technologies, Inc.
Ed Spink
CEO
(519) 885-5513
(519) 885-6992 (FAX)
Email: info@turbosonic.com
Website: www.turbosonic.com
Copyright 2008, Market Wire, All rights reserved.
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