For Immediate Release
Waterloo, Ontario, Canada
03 January, 2012
TurboSonic Technologies, Inc.(OTC Bulletin
Board - TSTA), a global provider of clean air technologies,
today announced receipt of a US$2.7 million order for
turnkey supply of a SonicKleen™ Wet Electrostatic
Precipitator (WESP) to control particulate emissions from a
wood pellet production plant. Project completion is
scheduled for the 2012 calendar year.
The SonicKleen™ WESP is the most advanced wet electrostatic
precipitator design on the market. It is used to control
fine particulate, condensable particulate matter and acid
mist emissions from industrial processes and power
generation, providing continuous, reliable performance and
virtually maintenance-free operation.
Our customer is a leading supplier of wood-based panel and
pellet production lines. This order is the first with this
European customer and is for a pellet production facility
under construction in the US. Demand for wood pellets as a
biomass fuel is an increasingly important component of the
global energy market as national energy self-sufficiency
and environmental goals are realized. The use of wood
pellets as fuel has been classified by the US EPA to be a
carbon neutral fuel source. The European market has
increased its reliance on biofuels in place of burning coal
for heat and power generation, to reduce carbon emissions.
Both the European and US markets are forecast for
significant growth in demand for pellet production.
"I am very pleased by our receipt of this order," said
Edward Spink, TurboSonic CEO. "We have a world class team,
strong partners and a proven technology platform that
provide a foundation for TurboSonic's future success. Our
extensive experience in the wood-based panel market, where
we have set the standard for equipment reliability and low
maintenance, was instrumental in winning this contract. We
believe that this order represents a growing market for
us."
For more information on the SonicKleen™ WESP, please visit:
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statement. Factors that impact such forward-looking statements include, among others, changes in general economic conditions, interest rates, government regulations, and competition. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statement, see the annual report on Form 10-K and other documents the Company files from time to time with the Securities and Exchange Commission.
TurboSonic Technologies, Inc. (OTC Bulletin Board: TSTA -
News)
Contact:
Ed Spink, CEO
espink@turbosonic.com
519-885-5513 ext. 214
TurboSonic Inc. | TurboSonic Technologies, Inc. | |
Canadian Office | US Office | Italian Office |
550 Parkside Drive, Suite A-14 | 172 Mine Lake Court, Suite 200 | Via IV Novembre, 92 |
Waterloo, ON, Canada N2L 5V4 | Raleigh, NC, USA 27615 | Bollate, Milano, 20021, Italy |
Tel: 519-885-5513 | Tel: 919 -844-0411 | Tel: 39-02-38305384 |
Fax: 519-885-6992 | Fax: 919-846-0055 | Fax: 39-02-33301943 |
info@turbosonic.com | info@turbosonic.com | info.eu@turbosonic.com |
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