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Sutron Corporation Books $7,101,518 in June

^{Published on 2010-07-20 06:40:46 - Market Wire}
 

STERLING, VA--(Marketwire - July 20, 2010) - Sutron Corporation (NASDAQ: [ STRN ]), a leader in providing hydrological, meteorological, and oceanic monitoring products, systems, software and services, today announced that during June 2010 the company's bookings totaled $7,101,518.

Dr. Raul McQuivey, President and CEO, and Mr. Ashish Raval, Senior Vice President, have recently returned from Kabul, Afghanistan, where they signed a $4,990,152 contract with the Republic of Afghanistan's Ministry of Energy and Water in which Sutron agreed to supply and install a meteorological network of 26 automatic weather stations and 30 snow survey stations.

Sutron's bookings for the first six months of 2010 ending June 30 were $15,059,852. When combined with the company's 2009 backlog of $11,908,000, the significant year-to-date bookings are a promising sign of another great year for Sutron.

The statements in this press release that relate to future plans, events or performance are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. Forward-looking statements include without limitation any 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-K filed on March 31, 2009. We are under no obligation to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.