| June
02, 2005
CECO ENVIRONMENTAL RECEIVES
$900,000 EQUIPMENT
ORDER FOR STEEL INDUSTRY AND
REPORTS
CONTRIBUTION MARGINS REBOUND
IN SECOND QUARTER
NEW
YORK, June 2, 2005 - CECO Environmental
Corp. (NASDAQ:CECE),
reported today that its wholly
owned Busch International subsidiary
has received an order for approximately
$900,000 to provide a baghouse
for a major steel making facility
in the Midwest.
This is one of a series of orders
received by Busch working with
another CECO subsidiary, CECOaire,
that are enabling customers to
comply with new EPA requirements
for the steel industry.
Rick Blum, President and COO
of CECO Environmental, also reported
that "contribution margins
recognized thus far in the second
quarter appear to have returned
to anticipated levels reaffirming
our belief that the unusually
low margins in the first quarter
were an anomaly due to a combination
of conservative accounting methods
and competitive pricing."
CECO reaffirms that its backlog
continues to be maintained at
record levels and the year remains
'back-end loaded.'
ABOUT CECO ENVIRONMENTAL
CECO Environmental Corp. is
North America's largest independent
air pollution control company.
Through its six subsidiaries
-- Busch, CECOaire, CECO Filters,
CECO Abatement Systems, kbd/Technic
and Kirk & Blum - 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, aerospace,
semiconductor, chemical, cement,
metalworking, glass, foundry
and virtually all-industrial
process industries.
For more information on CECO
Environmental Corp., please visit
the company's web site at www.cecoenviro.com.
Contact: Corporate Information
Phillip DeZwirek, CECO Environmental
Corp.
http://www.cecoenviro.com
1-800-606-CECO
This press release contains
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.
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