TVI Announces Second Quarter Results.

Business Editors

GLENN DALE, Md.--(BUSINESS WIRE)--Aug. 8, 2002

TVI Corporation today reported increased sales, net income, and earnings per share for the second quarter and first half ending June 30, 2002.

On a year to year comparative basis for the period, revenues increased 98% for the 2nd quarter to $2,046,542 and 68% for the first half to $3,400,360. The revenue increase was primarily attributable to federal, state, and municipal government agency awards to TVI for decontamination equipment.

The first orders for 14 Decontamination Systems from Fisher Safety with Massachusetts Emergency Management Agency (MEMA) as the ultimate end user, valued at more than $750,000, were received and invoiced in the second quarter. TVI recently delivered to the CIA Langley a new innovative protective system designed and fabricated by TVI engineers.

The contract was awarded early this year and totaled $239,000. TVI is currently working on a $256,000 contract for the Nashville Office of Emergency Management. This contract is for decontamination systems designed for the local Nashville hospitals.

In addition to the decontamination systems TVI is providing larger triage and logistics shelters that come housed in the new TVI designed Heavy Duty Para-military (HDPM) utilities trailer.

This trailer is designed to be substantially more rugged than the typical commercial trailers (car trailers) that are now in use and will provide air conditioning, heating and electricity to the logistics shelters or to a remote fixed operation center.

Net income increased 86% for the 2nd quarter to $304,263and 48% for the first half to $515,394. Revenue growth was experienced, and expenses as a percent of sales declined, which allowed for comparable income increases.

Basic earnings per share for the quarter were $0.012 versus $0.006 a year ago. Diluted earnings per share for the quarter were $0.011. Basic earnings per share for the first half were $0.020 versus $0.014 a year ago. Diluted earnings per share for the first half were $0.018.

Richard Priddy, Chief Executive Officer, said, "We're pleased with the positive results of the second quarter, and believe it is a result of the wide acceptance of our decontamination systems across a variety of state and government agencies. The demand for our product continues to increase, as reflected by our sales backlog increasing to over $1M."

TVI Corporation                                           Prior Full
Income Statement   First Quarter         First Half          Year
                   -------------         ----------       -----------
For the Three
Months and Six
   Months
Ending June 30,
2002 and 2001     2002       2001       2002       2001       2001
                  ----       ----       ----       ----       ----
                    $          $          $          $          $

REVENUE         2,046,542  1,032,079  3,400,360  2,026,217  4,177,089

COST OF SALES   1,142,138    516,317  1,869,678  1,024,683  2,667,079

GROSS PROFIT      904,404    515,762  1,530,682  1,001,534  1,510,010

GENERAL &
 ADMIN EXP        599,098    331,278  1,013,321    622,408  1,356,013

OPERATING
 INCOME           305,306    184,484    517,361    379,126    153,997

OTHER INCOME
 (EXPENSE)         (1,043)   (21,377)    (1,967)   (31,318)   (49,248)

NET INCOME
 BEFORE TAXES     304,263    163,107    515,394    347,808    104,749

INCOME TAXES            -          -          -          -          -

NET INCOME        304,263    163,107    515,394    347,808    104,749

AVERAGE
 SHARES
 OUTSTANDING   26,068,708 25,246,035 25,855,244 25,246,035 25,327,023

BASIC
 EARNINGS PER
 SHARE              0.012      0.006      0.020      0.014      0.004

DILUTED
 EARNINGS PER
 SHARE              0.011      0.006      0.018      0.013

FULLY DILUTED
 SHARES
 OUTSTANDING   28,416,777 27,381,971 28,269,017 27,240,935

About TVI Corporation:

TVI Corporation, located in Glenn Dale, Maryland, is a leading supplier of rapid deployment shelters and signage, chemical/biological decontamination systems for the military, public health, and first response agencies. TVI additionally is a primary source to the military for thermal targets and thermal decoys. Its stock trades on the OTC Bulletin Board under the symbol "TVIN."

Information in this release involves expectations, beliefs, plans, intentions or strategies regarding the future, and we assume no obligation to update any such forward-looking statement. These forward-looking statements involve risks and uncertainties and are not guarantees of future performance, as actual results could differ materially from our current expectations.

Numerous factors could cause or contribute to such differences, including, but not limited to, those set forth in the Company's Annual Report to Stockholders, 10-KSB, 10-QSB, and other SEC filings.

For more information concerning TVI, please visit us at: www.tvicorp.com.