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CECO Environmental Corp. And Met-Pro Corporation Announce Preliminary Results Of Merger Consideration Elections By Met-Pro Shareholders

Proxy Solicitation

Met-Pro and CECO, and certain of their respective directors, executive officers and other members of management and employees are participants in the solicitation of proxies in connection with the proposed transactions. Information about the directors and executive officers of Met-Pro is set forth in the joint proxy statement/prospectus, dated July 25, 2013, for the special meeting of shareholders to be held on August 26, 2013 as well as in Met-Pro's proxy statement for its 2013 annual meeting of shareholders and Met-Pro's Form 10-K for the year ended January 31, 2013. Information about the directors and executive officers of CECO is set forth in the in the joint proxy statement/prospectus, dated July 25, 2013, for the special meeting of shareholders to be held on August 26, 2013 as well as in CECO's proxy statement for its 2013 annual meeting of shareholders and CECO's 10-K for the year ended December 31, 2012. Investors may obtain additional information regarding the interests of such participants in the proposed transactions by reading Met-Pro's and CECO's joint proxy statement/prospectus, dated July 25, 2013.

About CECO

CECO Environmental is a leading global provider of air pollution control technology. Through its subsidiaries – Adwest Technologies, Aarding, Busch International, CECO Filters, CECO Abatement Systems, Kirk & Blum, Effox-Flextor, Fisher-Klosterman/Buell, CECO China and A.V.C. Specialists – CECO provides a wide spectrum of air quality products and services including engineered equipment, cyclones, scrubbers, dampers, diverters, RTOs, component parts and monitoring and management services. Industries served include refining, petrochemical, power, natural gas, aluminum, steel, automotive, chemical and large industrial processes. Global growth, operational excellence, margin expansion, safety leadership and employee development are CECO's core competencies and long term objectives. For more information on CECO Environmental, please visit www.cecoenviro.com .  

Contact: Corporate Information Jason DeZwirek, Chairman Jeff Lang, Chief Executive Officer 1-800-333-5475

About Met-Pro

Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville, Pennsylvania, is a leading niche-oriented global provider of product recovery, pollution control, fluid handling and filtration solutions. The Company's diverse and synergistic solutions and products address the world's growing need for clean air and water, reduced energy consumption and improved operating efficiencies. Through its global sales organization, internationally recognized brands, and operations in North America, South America, Europe and The People's Republic of China, Met-Pro's solutions, products and systems are sold to a well-diversified cross-section of customers and markets around the world. For more information, please visit www.met-pro.com .

Contact: Neal E. Murphy Vice President of Finance, CFO 215-723-6751

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this news release, and other materials filed or to be filed with the Securities and Exchange Commission (as well as information included in oral or other written statements made or to be made by CECO or Met-Pro), contain statements that are forward-looking. Such statements may relate to plans for future expansion, business development activities, capital spending, financing, the effects of regulation and competition, or anticipated sales or earnings results. Such information involves risks and uncertainties that could significantly affect results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of CECO or Met-Pro. These risks and uncertainties include, but are not limited to, those relating to, the risk and uncertainties as to whether the shareholders of Met-Pro and CECO will approve the matters referred to in the joint proxy statement/prospectus including whether Met-Pro's shareholders will approve the merger with CECO; whether the merger agreement between Met-Pro and CECO will be completed, and the likely adverse impact upon Met-Pro's and/or CECO's stock price if the merger agreement is not completed; the ability of CECO to successfully integrate the operations of Met-Pro and to realize the synergies from the acquisition; the results of CECO's operations pending the completion of the merger transactions, and including CECO's ability to integrate acquisitions that it recently completed; the various additional risks that are identified in the joint proxy statement/prospectus, dated July 25, 2013, all of which are incorporated herein by reference; the cancellation or delay of purchase orders and shipments, product development activities, goodwill impairment, computer systems implementation, dependence on existing management, the continuation of effective cost and quality control measures, retention of customers, global economic and market conditions, and changes in federal or state laws. You should carefully consider the factors discussed under "Risk Factors" in CECO's Annual Report on Form 10-K for the year ended December 31, 2012, CECO's Quarterly Report for the quarter ended March 31, 2013, Met-Pro's Annual Report on Form 10-K for the fiscal year ended January 31, 2013, Met-Pro's Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2013, and the joint proxy statement/prospectus dated July 25, 2013, as filed with the SEC.

CECO common stock trades on the NASDAQ Global Market under the symbol CECE.

Met-Pro common shares are traded on the New York Stock Exchange, symbol MPR.

SOURCE Met-Pro Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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