Harleysville, PA, March 25, 2009 - Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE:MPR), announced today that the Company's Strobic Air business unit has received an order, totaling more than $900,000, from a premier medical research university in the Mid-Atlantic United States. This order is expected to ship in the second quarter of the Company's current fiscal year.
"This order reinforces Strobic Air's reputation as the supplier of choice for technologically advanced fume hood exhaust systems at institutional, industrial, and government laboratories," said De Hont. "It follows a $500,000 order for similar Strobic Air equipment announced earlier this month. We remain optimistic about our prospects for future orders at Strobic Air based on successes in the market as well as the steady level of customer interest and quotation activity for similar type projects."
For this project, Strobic Air will supply a total of thirty-one (31) Tri-Stack(TM) fans on custom plenums. Each fan will utilize Strobic Air's patented Acoustical Silencer Nozzle and Acoustical Windband technology.
Strobic Air was awarded these contracts based on their reputation for supplying best-in-class low profile exhaust systems that are specifically designed to handle the complex issues of laboratory exhaust.
Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville, Pennsylvania, was recently recognized, for the third consecutive year, as one of America's "200 Best Small Companies" by Forbes magazine. In 2008, the Company was also named 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.
Gary J. Morgan,
Senior Vice President of Finance, CFO
Joseph Hassett, VP
Gregory FCA Communications
160 Cassell Road, P.O. Box 144
Harleysville, PA 19438