HARLEYSVILLE, Pa., May 24, 2011 /PRNewswire/ -- Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), is proud to announce that one of the Company's Directors, and former Chief Executive Officer and President of PQ Corporation,Stanley W. Silverman, has been named as Chairman of the Drexel University College of Medicine Board of Trustees. A Drexel alumnus, Silverman has served on the University's Board of Trustees for 11 years and the College of Medicine Board for four.
"We congratulate Mr. Silverman on this prestigious honor," said De Hont. "Met-Pro has consistently benefited from Stan's insight, knowledge and experience since he joined our Board in September 2009. We know that he will provide innovative leadership and vision to the College of Medicine for many years to come."
Silverman, who received an undergraduate degree in chemical engineering and an MBA from Drexel, currently chairs the finance committee for the University's Board of Trustees. He also sits on the advisory board for Drexel's LeBow College of Business. At Met-Pro Corporation, he serves on the Board's Audit Committee and the Compensation and Management Development Committee.
Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville, Pennsylvania, is a leading niche-oriented global provider of product recovery, pollution control and fluid handling solutions. The Company's diverse and synergistic solutions and products address the world's growing need to meet more stringent emission regulations, reduce energy consumption and employ green technology. Through its global sales organization, internationally recognized brands, and operations in the United States, Canada, 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.
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 the Company), 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 the Company. These risks and uncertainties include, but are not limited to, those relating to, 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.
Met-Pro common shares are traded on the New York Stock Exchange, symbol MPR.
To obtain an Annual Report or additional information on the Company, please call 215-723-6751 and ask for the Investor Relations Department, or visit the Company's website at www.met-pro.com.
Gary J. Morgan,
Joseph Hassett, SVP
Senior Vice President of Finance, CFO
Gregory FCA Communications
SOURCE Met-Pro Corporation