Met-Pro Corporation's Strobic Air Subsidiary Receives Equipment Order Totaling Approximately $900,000
March 22 2007 - 9:20AM
PR Newswire (US)
HARLEYSVILLE, Pa., March 22 /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 in Harleysville, Pennsylvania, has received an order to
supply a total of twelve (12) Tri-Stack(TM) fans on custom plenums
to be used for laboratory fume hood exhaust at a major research
center along the South Atlantic seaboard of the United States. The
total value of this order is approximately $900,000. All of the
equipment is expected to ship in the second quarter of the
Company's current fiscal year. Strobic Air was awarded this
contract based on its reputation for supplying low profile, quiet
exhaust solutions for thousands of similar applications. All of the
fans included in this order will utilize Strobic Air's patented
acoustical silencer nozzles to further reduce sound output levels
at the discharge of these inherently quiet fans. About Met-Pro
Met-Pro Corporation, with headquarters at 160 Cassell Road,
Harleysville, Pennsylvania, was recently recognized as one of
America's "200 Best Small Companies" by Forbes magazine. The
company, which manufactures and sells product recovery and
pollution control equipment for purification of air and liquids and
fluid handling equipment for corrosive, abrasive and high
temperature liquids, was established in 1966. It provides products
to residential, commercial, industrial and municipal markets that
include, but are not limited to, pharmaceuticals, chemicals,
petrochemicals, water and aquariums. For more information, please
visit http://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 press 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 Web site at
http://www.met-pro.com/. Contact: Investor Contact: Gary J. Morgan,
Senior Vice President of Finance, CFO 215-723-6751, DATASOURCE:
Met-Pro Corporation CONTACT: Gary J. Morgan, Senior Vice President
of Finance, CFO of Met-Pro Corporation, +1-215-723-6751, Web site:
http://www.met-pro.com/
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