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Sutron's November Bookings Top $1,270,000

  • Press Release
  • Source: Sutron Corporation
  • On 3:45 pm EST, Tuesday December 2, 2008

STERLING, VA--(MARKET WIRE)--Dec 2, 2008 -- Sutron Corporation (NasdaqCM:STRN - News), a leading provider of hydrological, meteorological and oceanic monitoring products, systems and services, today announced that during November 2008 the company received bookings (purchase orders and contracts) totaling $1,270,000 to provide equipment, systems and services for a variety of water and weather monitoring, control and warning projects throughout the world.

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STRN7.300.00
Chart for Sutron Corporation
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Our November bookings were as follows: Orders from Venezuela and other Latin American countries $466,860; Airport Weather Systems totaling $152,470; USGS-HIF Orders $244,850; South Florida Water Management District Orders $153,556; Canada Orders $72,185; and purchase orders from 18 other customers.

Considering the current economic conditions, our November 2008 bookings were up 100% over November 2007 bookings of approximately $636,000. In November 2008, we were also involved in negotiations in regards to a large international contract that we anticipate will be signed and awarded in December 2008. We therefore expect December 2008 bookings to significantly increase over December 2007 bookings of approximately $712,000. We continue to see substantial opportunities in the hydrological, meteorological and oceanic monitoring markets that we anticipate will be awarded in 2009.

About Sutron Corporation

We design, manufacture and market our products and services to a diversified customer base consisting of federal, state, local and foreign governments, universities, irrigation users and engineering and hydropower companies. Our products and services enable our customers to monitor and collect hydrological, meteorological and oceanic data for the management of critical water resources, for early warning of potentially disastrous floods, storms or tsunamis, for the optimization of hydropower plants and for providing real-time weather conditions at airports.

Safe Harbor Statement

This release includes forward-looking statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "should" and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings with the SEC, including the disclosure under the heading "Business" and "Management's Discussion and Analysis" in the Company's Annual Report on Form 10-KSB filed on March 31, 2008. We are under no obligation to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

     Contact:
Patricia Hagerty
(703)406-2800
Email Contact
 

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