Powell Industries Announces Fiscal 2009 Fourth Quarter and Year-End Earnings Release and Conference Call Schedule

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HOUSTON, Nov. 18 /PRNewswire-FirstCall/ -- Powell Industries, Inc. (Nasdaq: POWL - News), a leading manufacturer of equipment and systems for the control, distribution and management of electrical and other dynamic processes, today announced that it plans to release fiscal 2009 fourth quarter and year-end results on Wednesday, December 9, 2009 at 6:00 a.m. eastern time. Powell Industries has scheduled a conference call to discuss its fourth quarter and fiscal 2009 results, which will be broadcast live over the Internet, for Wednesday, December 16, 2009 at 11:00 a.m. eastern time. The timing of the call, which is later than usual, is due to the anticipated closing of the Company's acquisition of the business and assets of PowerComm Inc., which was announced on October 21, 2009.

    What:   Powell Industries Fourth Quarter Earnings Conference Call

    When:   Wednesday, December 16, 2009 - 11:00 a.m. eastern time / 10:00
            a.m. central time

    How:    Live via phone by dialing 480-629-9866 and asking for the Powell
            Industries call at least 10 minutes prior to the start time, or
            live over the Internet by logging on to the web at the address
            below

    Where:  http://www.powellind.com

A telephonic replay of the conference call will be available through December 23, 2009 and may be accessed by calling 303-590-3030 using passcode 4185563#. A web cast archive will also be available at www.powellind.com shortly after the call and will be accessible for approximately 90 days. For more information, please contact Donna Washburn at DRG&E at 713-529-6600 or email dmw@drg-e.com.

Powell Industries, Inc., headquartered in Houston, designs, manufactures and packages systems and equipment for the control, distribution and management of electrical energy and other dynamic processes. Powell provides products and services to large industrial customers such as utilities, oil and gas producers, refineries, petrochemical plants, pulp and paper producers, mining operations, commuter railways and other vehicular transportation facilities. For more information, please visit www.powellind.com.

Any forward-looking statements in the preceding paragraphs of this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties in that actual results may differ materially from those projected in the forward-looking statements. In the course of operations, we are subject to certain risk factors, including but not limited to competition and competitive pressures, sensitivity to general economic and industrial conditions, international political and economic risks, availability and price of raw materials and execution of business strategy. Also, the matters discussed above are subject to successful satisfaction by the parties of closing conditions, including the approving vote of the PowerComm shareholders, successful closing of the transaction and successful integration of the acquired business and assets. For further information, please refer to the Company's filings with the Securities and Exchange Commission, copies of which are available from the Company without charge.

    Contacts:  Don R. Madison, CFO
               Powell Industries, Inc.
               713-947-4422

               Ken Dennard  / ksdennard@drg-e.com
               Karen Roan / kcroan@drg-e.com
               DRG&E  / 713-529-6600