TechPrecision Receives $650K in New Orders

Oxford, MS 4/5/2011 (Penny PayDay) -- TechPrecision Corporation (OTC:TPCS) today announced, in a press release, that it has received multiple orders totaling approximately $650,000 to manufacture precision rocket domes for a market leading aerospace customer, and a proprietary, critical assembly for a key defense account. The orders are expected to ship by the end of third quarter of calendar 2011. As I write, shares of TechPrecision were flat at $1.70 per share on light volume of 29,500 shares compared to its average daily volume of 39,344 shares. The company has a market cap of $25 million and a 52-week range between $0.70 and $1.95 per share.

"These new orders reflect two important elements of our growth strategy: continued enhancement of a key supply chain relationship we have with a large aerospace contractor, and a greater role in the fabrication of complex, critical defense components that few other sources can provide," commented James Molinaro, CEO of TechPrecision Corporation. "We remain focused on the growth and diversification of our business, and these orders accomplish that, as well as bolstering our defense-oriented work."

According to the press release, TechPrecision, through its wholly owned subsidiaries, Ranor, Inc., and Wuxi Critical Mechanical Components Co., Ltd., globally manufactures large-scale, metal fabricated and machined precision components and equipment. These products are used in a variety of markets including: alternative energy (Solar and Wind), medical, nuclear, defense, industrial and aerospace to name a few.

TechPrecision's goal is to be an end-to-end global service provider to its customers by furnishing customized and integrated "turn-key" solutions for completed products requiring custom fabrication and machining, assembly, inspection and testing.

To learn more about the Company, please visit the corporate website at http://www.techprecision.com.

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