| August 10, 2006
TurboSonic
Technologies,
Inc. (OTC Bulletin Board – TSTA), a
leading provider of air pollution control technologies, today announced
receipt
of an additional $2.75 million USD to the prior July 20th
announcement of a $1.85 million USD new OEM system contract from an
ethanol
producer, bringing the total order size to $4.6 million USD. This
latest in a
series of contracts from this customer is for SonicKleen wet
electrostatic
precipitator (WESP) systems to control emissions from biomass dryers.
Equipment
delivery is planned for early calendar 2007. The purchase is part of
the
customer’s ongoing commitment to environmental emission
reductions. This
brings the value of in-house orders
expected to be converted to revenue in fiscal 2007 to approximately $15
million
USD.
“This
order
confirms the continuing strong relationship that
has been developed between TurboSonic and the large ethanol customer
and
further strengthens the Company’s position as a leading
provider of air
pollution control equipment,” stated Edward Spink,
TurboSonic's Chairman and
CEO.
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, reduce operating costs and recover valuable
by-products
where possible.
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)
Contact:
TurboSonic Technologies, Inc.
Ed
Spink
,
Chairman and CEO
550 Parkside Drive, Suite A-14, Waterloo, Ontario, Canada N2L 5V4
Phone: (519) 885-5513, Fax: (519) 885-6992
E-mail: info@turbosonic.com
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