Peerless Mfg. Co. Schedules Third Quarter 2008 Financial Results Conference Call for May 9, 2008 at 10:00am ET

DALLAS, May 2 /PRNewswire-FirstCall/ -- Peerless Mfg. Co. NASDAQ: PMFG today announced that Peter Burlage, President & Chief Executive Officer, and Henry Schopfer, Chief Financial Officer, will discuss the Company's results for the third quarter ended March 31, 2008, during a conference call scheduled for May 9, 2008, at 10:00 a.m. ET. The Company's financial results for the third quarter are scheduled to be released before the open of market on May 9th.

Shareholders and other interested parties may participate in the conference call by dialing +1 888 713 4199 (domestic) or +1 617 213 4861 (international) and entering access code 88894670, a few minutes before 10:00 a.m. ET on May 9, 2008. Participants may pre-register for the call at https://www.theconferencingservice.com/prereg/key.process?key=PRDPRKW6Y. Pre-registrants will be issued a pin number to use when dialing into the live call which will provide quick access to the conference by bypassing the operator upon connection. The call will also be broadcast live on the Internet at http://www.streetevents.com, http://www.fulldisclosure.com or http://www.peerlessmfg.com.

A replay of the conference call will be accessible two hours after its completion through May 23, 2008 by dialing +1 888 286 8010 (domestic) or +1 617 801 6888 (international) and entering access code 34479309. The call will also be archived for 30 days at http://www.streetevents.com, http://www.fulldisclosure.com and http://www.peerlessmfg.com.

About Peerless Mfg. Co.

Peerless Mfg. Co. is engaged in the business of designing, engineering, manufacturing and selling highly specialized products used for the abatement of air pollution and products for the separation and filtration of contaminants from gases and liquids. The Company headquartered in Dallas, Texas, markets its products worldwide.

     For Further Information Contact:

     Mr. Peter J. Burlage, Chief Executive Officer
     Mr. Henry G. Schopfer, Chief Financial Officer
     Peerless Mfg. Co.
     14651 North Dallas Parkway
     Suite 500
     Dallas, Texas 75254
     Phone:  (214) 353-5545
     Fax:    (214) 351-4172
     www.peerlessmfg.com

     or

     Kevin McGrath
     Cameron Associates
     (212) 245-4577
     Kevin@cameronassoc.com