October 18, 1999
TURBOSONIC TECHNOLOGIES, INC. (OTC Bulletin Board - TSTA) today announced
the receipt of over $1.7 million ($2.5 million Canadian) in new orders for its
proprietary air pollution control equipment. The orders, which were all received
in the first quarter ended September 30, 1999, cover the full range of the
Company's proprietary products - its Turbotak
SO2 Scrubbers, SoniCool® Evaporative
Gas Cooling systems and a SonicKleen™
Wet Electrostatic Precipitator (WESP). All
of the orders are for customers in the U.S. and Canada.
Edward F. Spink, TurboSonic's Chairman and CEO stated: "I am very pleased that
our customer base is expanding and that the effect of our extensive marketing
efforts over the last year has increased sales levels substantially among all
of our product lines. In addition to orders from customers in the forest products,
cement, steel, aluminum and copper industries, we have received an order from a
ceramic refractory producer, a new industry for our proprietary products. I am
confident that this positive sales trend will continue for at least the near
term, which augers well for our financial performance."
TurboSonic Technologies designs and markets proprietary 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. Industries
served include Pulp & Paper, Metals & Mining, Cement, Waste Processing & Incineration, Power Generation
and Petrochemicals.
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 worldwide general economic conditions, changes in interest rates, government
regulations, and worldwide competition.
For further information, contact:
Patrick Forde, President
TurboSonic Technologies, Inc.
550 Parkside Drive, Suite A-14, Waterloo, Ontario, Canada N2L 5V4
Phone: (519) 885-5513, Fax: (519) 885-6992
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