HARLEYSVILLE, Pa., Sept. 16 PA-Met-Pro-$600,000
HARLEYSVILLE, Pa., Sept. 16 /PRNewswire-FirstCall/ -- Raymond J. De Hont,
Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR),
announced today that the Company's Strobic Air subsidiary has received an
order in excess of $600,000 from a premier university in the Central United
States. The order is expected to ship before the end of the Company's current
fiscal year ending January 31, 2009.
"This order is another example of Met-Pro's many solutions that help solve
the challenges of protecting our environment while serving business and
industry around the world," said De Hont. "In addition, it reinforces Strobic
Air's reputation as the supplier of choice for technologically advanced fume
hood exhaust systems at institutional, industrial, and government
laboratories. Together with a steady level of customer interest and quotation
activity for similar type projects, it allows us to remain optimistic about
our prospects for future orders of this type at Strobic Air."
For this project, Strobic Air will supply laboratory fume hood exhaust
systems utilizing a total of eight Tri-Stack(TM) fans on custom energy
recovery plenums. Strobic Air was awarded this contract based on their best-
in-class reputation for supplying low profile exhaust systems that are
specifically designed to handle the complex issues of laboratory exhaust.
About Met-Pro
Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville,
Pennsylvania, was recognized, for the second consecutive year, as one of
America's "200 Best Small Companies" by Forbes magazine. The Company was also
named as one of the world's "Top Small to Midsize Manufacturers" by Start-It
magazine for the second year in a row. Through its business units, in the
United States, Canada, Europe and The People's Republic of China, a wide range
of products and services are offered for industrial, commercial, municipal and
residential markets worldwide. These include product recovery and pollution
control technologies for purification of air and liquids; fluid handling
technologies for corrosive, abrasive and high temperature liquids; Mefiag
filtration technologies for harsh, corrosive liquid filtration applications;
and filtration and purification technologies which include proprietary water
treatment chemicals and filter products for air and liquid filtration. For
more information, please visit www.met-pro.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements. Certain information included in this
news release, and other materials filed or to be filed with the Securities and
Exchange Commission (as well as information included in oral or other written
statements made or to be made by the Company), contain statements that are
forward-looking. Such statements may relate to plans for future expansion,
business development activities, capital spending, financing, the effects of
regulation and competition, or anticipated sales or earnings results. Such
information involves risks and uncertainties that could significantly affect
results in the future and, accordingly, such results may differ from those
expressed in any forward-looking statements made by or on behalf of the
Company. These risks and uncertainties include, but are not limited to, those
relating to, the cancellation or delay of purchase orders and shipments,
product development activities, computer systems implementation, dependence on
existing management, the continuation of effective cost and quality control
measures, retention of customers, global economic and market conditions, and
changes in federal or state laws.
Met-Pro common shares are traded on the New York Stock Exchange, symbol
MPR.
To obtain an Annual Report or additional information on the Company,
please call 215-723-6751 and ask for the Investor Relations Department, or
visit the Company's website at www.met-pro.com.
Contact: Investor Contact:
Gary J. Morgan,
Senior Vice President of Finance, CFO
215-723-6751, gmorgan@met-pro.com
Joseph Hassett, VP
Gregory FCA Communications
610-228-2110
SOURCE Met-Pro Corporation
