TurboSonic Technologies Reports Record Sales And Earnings For The Year Ended June 30, 2001

TURBOSONIC TECHNOLOGIES, INC. (OTC Bulletin Board – TSTA), a leading provider of air pollution control technology, today announced record sales and earnings for the fiscal year ended June 30, 2001. Sales for the year more than doubled over last year and were up 260% over fiscal 1999. Pre-tax earnings reached record levels at US$ 746,689 (Cdn$1,146,836).

The Company’s audited results for the years ended June 30, 2001 and 2000 are summarized as follows:

	Year Ended
	6/30/01	6/30/00
	_______US Dollars_______
Total Revenues	$ 14,114,870	$ 6,181,562
Income before Income Taxes	746,689	11,707
Provision for Income Taxes	153,689	24,828
Net Income (loss)	$ 593,037	$ (13,121)
Net Income Per Share	$ 0.06	$ 0.00
Weighted Average Number of Shares Outstanding	10,000,000	10,000,000

Commenting on the Company's record results, Edward Spink, TurboSonic's Chairman and CEO, said "we continue to be satisfied with the progress we have made over the last several years. Our extensive sales efforts and the significant investment in our proprietary technology has resulted in record profits that we believe will continue in the years ahead." He also stated "we anticipate that our new strategic alliance with Hamon Research-Cottrell, a global leader in air pollution control technology, will build upon our own success and allow us to reach new industries that should contribute to our growth and increased profitability. We are especially pleased that this relationship provides instant access and credibility in Europe and elsewhere around the globe through Hamon Research-Cottrell's extensive world wide network."

TurboSonic Technologies designs and markets proprietary air pollution control technologies to industrial customers world wide. 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 Incineration, Power Generation, Wood Products 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.