TurboSonic Announces US$2 Million New Order From US OSB Producer
WATERLOO, ONTARIO--(Marketwire - April 16, 2008) - 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 million new order for a Gas Scrubbing
System for a US-based oriented strand board (OSB) producer, to be
delivered in this calendar year.
Edward Spink, TurboSonic's CEO commented, "This is the fourth
contract from this major OSB producer in the past two years, all of
which are for enhancement of their existing operations. Because of
our system's superior ability to remove particulate matter from the
gas stream, a $1.2 million savings in operating cost was achieved
using our proprietary design in the first installation. Particulate
removal is critical for downstream thermal oxidizer operation, where
deposition of contaminants affects performance efficiency and
maintenance cycles. It is noteworthy that a significant number of our
contracts are for upgrades to our competitor's installations,
confirming that we have raised the bar for performance."
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
TurboSonic Technologies, Inc. (OTC Bulletin Board: TSTA - News)
TurboSonic Technologies, Inc.
(519) 885-6992 (FAX)