Met-Pro Corporation's Systems Business Unit Receives Equipment Order Totaling Approximately $500,000
14 Julho 2009 - 11:48AM
PR Newswire (US)
HARLEYSVILLE, Pa., July 14 /PRNewswire-FirstCall/ -- Raymond J. De
Hont, Chairman and Chief Executive Officer of Met-Pro Corporation
(NYSE:MPR), announced today that the Company's Systems business
unit has received an order, totaling approximately $500,000, to
supply a thermal oxidation system to a landfill gas recovery and
purification facility in the southern United States. This order is
expected to ship during the third quarter of the Company's current
fiscal year. The equipment to be supplied will destroy off gases
from a landfill gas recovery and purification system to
significantly reduce the level of methane emissions, which when
compared to carbon dioxide, have more than 20 times the impact on
the greenhouse effect in the Earth's atmosphere. The equipment
supplied will also include provisions for future energy recovery.
"This is the second thermal oxidizer ordered through the same
customer in less than a year illustrating their confidence in
Met-Pro Systems' highly energy efficient oxidation equipment and
Systems' ability to uniquely tailor their designs to meet customer
requirements," stated De Hont. "This order reinforces Met-Pro
Systems' reputation as a supplier of choice for field-proven
thermal oxidation systems. It represents another example of
Met-Pro's wide range of solutions to help solve the challenges of
protecting our environment while serving business and industry
around the world." About Met-Pro Met-Pro Corporation, with
headquarters at 160 Cassell Road, Harleysville, Pennsylvania, was
recently recognized as one of "America's Fastest Growing Small
Companies" by Fortune Small Business magazine. In 2008, the Company
was also named one of America's "200 Best Small Companies" by
Forbes magazine for the third 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 is 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 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 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
http://www.met-pro.com/. Contact: Investor Contact: Gary J. Morgan,
Senior Vice President of Finance, CFO 215-723-6751 Joseph Hassett,
VP Gregory FCA Communications 610-228-2110 DATASOURCE: Met-Pro
Corporation CONTACT: Investors, Gary J. Morgan, Senior Vice
President of Finance, CFO, Met-Pro Corporation ,+1-215-723-6751; or
Joseph Hassett, VP, Gregory FCA Communications, +1-610-228-2110 Web
Site: http://www.met-pro.com/
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