WATERLOO, ONTARIO--(Marketwire - Sept. 19, 2012) - TurboSonic Technologies, Inc. (OTCBB:TSTA), a global provider of clean air technologies, today announced receipt of an approximate $1.5 million order for the supply of a SonicKleen™ wet electrostatic precipitator (WESP) system for a green energy project. The equipment is scheduled for delivery by June 2013.
The WESP system will remove particulate matter, acid mist, and condensed oils and tars from a biomass gasifier in a waste-to-energy facility.
Edward Spink, TurboSonic CEO, noted: "This is the second European biomass related contract awarded to TurboSonic this year and we are excited by the global increase in biomass projects for power generation. TurboSonic's advanced technologies and reference base are well suited to the demands of this growing industry."
For more information on the SonicKleen™ WESP, please visit: http://www.turbosonic.com/products/wesp.
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 & Biofuels, Metals & Mining, Petrochemicals, Power Generation, Pulp & Paper, Waste Incineration, and Wood Products industries meet the strictest emissions regulations, improve performance and reduce operating costs.
This press release contains statements that are forward-looking as that term is defined by the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties, such as: our dependence on environmental regulation to drive sales; the concentration of our revenues among a small group of customers who may vary from year to year; our ability to secure additional financing; economic downturns; and other factors that may negatively affect our customers' demands for our products. These risks and uncertainties could cause actual results to differ materially from historical results or those we anticipate. In evaluating these statements, you should specifically consider the risks discussed in our Annual Report on Form 10-K for the fiscal year ended June 30, 2011 and other reports or documents that we have filed from time to time with the SEC. Our statements are based upon information known to us as of the date this report is filed with the SEC, and we assume no obligation to update or alter our forward-looking statements within this report, whether as a result of new information, future events or otherwise, except when required by applicable federal securities laws.
TurboSonic Technologies, Inc. (OTC Bulletin Board: TSTA - News)
||TurboSonic Inc. Italian Branch
|550 Parkside Drive
||VIA IV Novembre, 92
|Waterloo, ON, Canada N2L 5V4
||Bollate, Milano, 20021, Italy