SUMX Summa Industries

Summa Industries Reports Weakness in Sales TORRANCE, Calif., May 17 /PRNewswire-FirstCall/ -- Summa Industries (NASDAQ:SUMX) reports that it expects sales and earnings per share for the 3rd quarter, which ends May 31, 2005, to be substantially lower than the $33.2 million in sales and $.30 in earnings per share for the third quarter of fiscal 2004, which was an unusually strong quarter. This expectation is based on a recent material decline in bookings for sales of the Company's lighting products, which are sold primarily for use in newly constructed commercial and industrial buildings, and in continuing difficulty in passing along increases in raw material prices. Summa Industries 3rd quarter earnings are scheduled to be released on June 28, 2005. Statements in this news release which relate to future plans, financial results or projections, events or performance are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and fall under the safe harbor. These forward-looking statements include, but are not limited to, statements regarding the expected sales, bookings and earnings of the Company in the third quarter of fiscal 2005 and thereafter. Actual results could differ materially from those anticipated in the forward-looking statements as a result of a number of factors, including, but not limited to, the failure of sales and earnings to continue to follow recent trends, failure of the manufacturing economy to stabilize or recover, and other risks and uncertainties described in detail under "Risk Factors" in Summa's Annual Report on Form 10-K for the fiscal year ended August 31, 2004. For further information, contact James R. Swartwout, (310) 792-7024; fax (310) 792-7079; ; or http://www.summaindustries.com/. DATASOURCE: Summa Industries CONTACT: James R. Swartwout of Summa Industries, +1-310-792-7024, fax +1-310-792-7079, Web site: http://www.summaindustries.com/

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