PR Newswire

PR Newswire

Met-Pro Corporation`s Environmental Air Solutions Business Unit Receives Equipment Order Totaling in Excess of $1.8 Million

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Source: PR Newswire

HARLEYSVILLE, Pa., July 14, 2011 /PR Newswire/ -- Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced today that the Company's Environmental Air Solutions business unit has received an order, totaling more than $1.8 million, to supply process and air pollution control equipment to a major alternative energy company for the purification of landfill gases. The order is expected to ship in the fourth quarter of the Company's current fiscal year.

On the process side, Met-Pro Environmental Air Solutions' unique de-oxygenation system technology, used in conjunction with a Duall Brand wet scrubber and wastewater neutralization system, will purify the methane gas stream harvested from the landfill operations increasing the service life of downstream equipment. On the air pollution side, a Met-Pro Systems brand regenerative thermal oxidizer will treat the waste gases from the landfill gas separation process.

'This order demonstrates our strong and growing presence in the alternative energy market and reinforces Met-Pro Environmental Air Solutions' reputation as a uniquely qualified provider of single source solutions for complex air emission challenges,' said De Hont. 'We continue to be very encouraged by the recent pace of large project new orders, which now total more than $6.4 million since June 1, and remain optimistic that we will receive more orders of this type in the near future.'

About Met-Pro

Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville, Pennsylvania, is a leading niche-oriented global provider of product recovery, pollution control, fluid handling and filtration solutions. The Company's diverse and synergistic solutions and products address the world's growing need for clean air and water, reduced energy consumption and improved operating efficiencies. Through its global sales organization, internationally recognized brands, and operations in the United States, Canada, South America, Europe and The People's Republic of China, Met-Pro's solutions, products and systems are sold to a well-diversified cross-section of customers and markets around the world. For more information, please visit 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, goodwill impairment, 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 www.met-pro.com.

Contact:

Investor Contact:


 

Gary J. Morgan,

Joseph Hassett, SVP

 

Senior Vice President of Finance, CFO

Gregory FCA Communications

 

215-723-6751

610-228-2110

 
     


SOURCE Met-Pro Corporation

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