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ENVIRONMENTAL ELEMENTS EXPECTS A SLIGHT LOSS FOR THE REMAINDER OF THE YEAR DUE TO MARKET CONDITIONS

 ENVIRONMENTAL ELEMENTS EXPECTS A SLIGHT LOSS FOR THE
 REMAINDER OF THE YEAR DUE TO MARKET CONDITIONS
 BALTIMORE, Sept. 10 /PRNewswire/ -- F. Bradford Smith, president and chief executive officer, of Environmental Elements Corporation (NYSE: EEC) indicated today that the company currently expects to incur a slight loss from continuing operations for the remaining nine months of this fiscal year, compared to income of $3 million during the same period last year.
 In July, the company announced a first quarter loss of $1.7 million, principally due to a loss provision on a single contract. At that time the company had indicated its expectation that the balance of the year would be profitable. "Although contract signings have improved in our second quarter which began in July, the average size of new contracts has been small and gross margins on new contracts have been below our expectations. Thus, aggregate new order volume and margins have not been large enough to have the positive effect on near term earnings that we expected." Environmental Elements Corporation, a leading air pollution control systems supplier for more than 45 years, designs and supplies electrostatic precipitator, fabric filter, flue gas desulfurization, acid gas cleaning and continuous emissions monitoring systems. Environmental Elements' systems enable a broad range of customers in the power generation, pulp and paper, waste to energy, rock products, metals and petrochemical industries to operate their facilities in compliance with particulate and gaseous emissions standards. For more information, contact John S. Lalley Jr., director- investor relations and corporate communications at 410-368-7340.
 -0- 9/10/92
 /CONTACT: John S. Lalley Jr., director, investor relations and corporate communications of Environmental Elements, 410-368-7340/
 (EEC) CO: Environmental Elements Corporation ST: Maryland IN: SU: ERP


JS -- PH002 -- 7821 09/10/92 08:04 EDT
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Publication:PR Newswire
Date:Sep 10, 1992
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