CECO Environmental Announces $7 Million in New Orders

Date : 06/26/2008 @ 9:09AM
Source : PR Newswire
Stock : Ceco Environmental (MM) (CECE)
Quote : 2.162  0.182 (9.19%) @ 2:52PM
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CECO Environmental Announces $7 Million in New Orders

Significant Electrostatic Precipitator Rebuild Order Received

CINCINNATI, June 26 /PRNewswire-FirstCall/ -- CECO Environmental Corp. (NASDAQ:CECE), a leading provider of air pollution control and industrial ventilation systems, announced today that it has received five new orders totaling approximately $7 million.

Rick Blum, President and Chief Operating Officer, stated, "These orders were received by our CECOaire, Effox, and Fisher-Klosterman subsidiaries. Fisher-Klosterman received three of the orders. They were received by its Louisville, Classifier, and APC divisions. The orders came from the power industry, the food industry, and the mining industry."

Phillip DeZwirek, Chairman and Chief Executive Officer, stated, "The most significant order was received by our APC group at Buell which is a division of Fisher-Klosterman, our newest acquisition. This order involves the rebuilding of an electrostatic precipitator in a power plant owned by a major utility. Our people at Buell feel that there are significant opportunities for more such work in the future."

ABOUT CECO ENVIRONMENTAL

CECO Environmental Corp. is North America's largest independent air pollution control company. Through its ten subsidiaries -- Busch, CECOaire, CECO Filters, CECO Abatement Systems, kbd/Technic, Kirk & Blum, H.M. White, Inc., Effox, GMD Environmental and Fisher-Klosterman -- CECO provides a wide spectrum of air quality services and products including: industrial air filters, environmental maintenance, monitoring and management services, and air quality improvements systems. CECO is a full-service provider to the steel, military, aluminum, automotive, ethanol, aerospace, electric power, semiconductor, chemical, cement, metalworking, glass, foundry and virtually all industrial process industries.

For more information on CECO Environmental, please visit the company's website at http://www.cecoenviro.com/ .

Contact: Corporate Information Phillip DeZwirek, CECO Environmental Corp.

Email: 1-800-606-CECO (2326)

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to certain risks, uncertainties and assumptions. These risks and uncertainties, which are more fully described in CECO's Annual and Quarterly Reports filed with the Securities and Exchange Commission, include changes in market conditions in the industries in which the Company operates. Should one or more of these risks or uncertainties materialize, or should the assumptions prove incorrect, actual results may vary in material aspects from those currently anticipated.

DATASOURCE: CECO Environmental Corp.

Contact: Corporate Information, Phillip DeZwirek of CECO Environmental

Corp., +1-800-606-CECO (2326),

Web site: http://www.cecoenviro.com/

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