October
20,
2005
TURBOSONIC
TECHNOLOGIES, INC.
(OTC Bulletin Board – TSTA), a leading provider of air
pollution control technology, today announced receipt of over US$1.5
million in new OEM system orders. The new orders, received in the past
month from customers in the Chemical, Wood Products, and Pulp
industries, represent a cross-section of TurboSonic’s
products and will be delivered in the current fiscal year.
"We continue to build on the growth in revenue and profitability seen
in our 3rd and 4th quarters of fiscal 2005. Our sales focus is
benefiting from the strength of our product lines and installed
reference base, as demonstrated by these new orders from several target
industries,” commented Edward Spink, TurboSonic's Chairman
and CEO.
TurboSonic
Technologies (www.turbosonic.com) designs and markets air
pollution control products 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 Securities and Exchange Commission.
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
www.turbosonic.com
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