CECO Environmental Corp.
Rick Blum, President and Chief Operating Officer, stated, "This is the first time in some years that CECO has reached this level of bookings in a month without a contract in excess of $3.0 million. We have had five other months in 2007 and 2008 where new bookings have been at approximately this level but in those cases, we secured at least one contract of $4.0 million in that month. We are pleased with the vigorous level of new business opportunities we are experiencing in spite of what is becoming a difficult economy."
Phillip DeZwirek, Chairman and Chief Executive Officer, stated, "As of the end of September, our bookings were approximately $5.5 million ahead of last year's pace. In addition, October has started off strong and we are pleased to report that in the first nine business days of the month, we have secured approximately $7.6 million in new business."
ABOUT CECO ENVIRONMENTAL
CECO Environmental Corp. is North America's largest independent air pollution control company. Through its subsidiaries -- Busch, CECOaire, CECO Filters, CECO Abatement Systems, kbd/Technic, Kirk & Blum, H. M. White, Inc., Effox, GMD, Fisher-Klosterman, Flextor and AVC Specialists -- 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 www.cecoenviro.com .
Contact: Corporate Information Phillip DeZwirek, CECO Environmental Corp. Email:
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.
First Call Analyst:
SOURCE: CECO Environmental Corp.
CONTACT: Phillip DeZwirek, CECO Environmental Corp., +1-800-606-CECO
Web site: http://www.cecoenviro.com/