Sono-Tek Announces Its Annual Earnings

    MILTON, N.Y., May 31 /PRNewswire-FirstCall/ -- Sono-Tek Corporation
 (OTC Bulletin Board:   SOTK) today announced sales of $5,803,586 for the year
 ended February 28, 2005 compared to sales of $3,501,594 for the same period
 last year, an increase of 66% or $2,301,992.  The increases in sales are due
 to a geographical expansion of the markets that the Company serves as well as
 diversification of the Company's product lines beyond electronics to include
 applications in the medical, industrial coatings, and nanotechnology areas.
 For the year ended February 28, 2005, the Company had operating income of
 $835,673 compared to $359,504 last year and net income of $795,302 compared to
 $785,229 last year.  Most significantly, the Company had income before income
 taxes of $807,302 for the year ended February 28, 2005 compared to $201,339
 last year, a 400% increase in profitability (the net income for the preceding
 year included a $583,890 tax benefit, resulting from the recognition of a
 deferred tax asset).  The Diluted Earnings per Share was $.07 for the year
 ended February 28, 2005, compared to $.07 for the year ended February 29,
 2004, which included the deferred tax benefit noted above.
     The Company's balance sheet is greatly improved from last year at this
 time with liabilities reduced from $1,898,247 at February 29, 2004 to
 $1,134,557 at February 28, 2005, and shareholders' equity improved from
 $586,847 at February 29, 2004 to $2,305,511 at February 28, 2005. Important
 factors in this improvement were improving operating income and additional
 equity investments in the Company.
     According to Dr. Christopher L. Coccio, Sono-Tek's CEO and President, "The
 Company has continued to advance the application of its proprietary ultrasonic
 atomization technology both to both new geographical areas and new technical
 applications.  We are continuing to develop new coating systems to further
 enhance our position in the medical device, and plate glass manufacturing
 industries, and we are involved in application trials in the textile and food
 industry which represent future opportunities for the Company." Dr. Coccio
 also indicated that the results for the first quarter of the current fiscal
 year, which ends May 31, 2005, has continued the higher level of sales
 experienced in recent quarters. These results will reviewed and released in
 mid-July, 2005.
     For further information, contact Dr. Christopher L. Coccio, at
 845-795-2020, or visit The Company's website at http://www.sono-tek.com
 
     Sono-Tek Corporation is a leading developer and manufacturer of liquid
 spray products based on its proprietary ultrasonic nozzle technology.  Founded
 in 1975, the Company's products have long been recognized for their
 performance, quality, and reliability.
 
     This earnings release contains forward looking statements regarding future
 events and the future performance of Sono-Tek Corporation that involve risks
 and uncertainties that could cause actual results to differ materially. These
 factors include, among other considerations, general economic and business
 conditions; political, regulatory, competitive and technological developments
 affecting the Company's operations or the demand for its products; timely
 development and market acceptance of new products; adequacy of financing;
 capacity additions and the ability to enforce patents. We refer you to
 documents that the company files with the Securities and Exchange Commission,
 which includes Form 10-KSB and Form 10-QSBs containing additional important
 information.
 
 
                              Sono-Tek Corporation
 
                            Selected Financial Data
 
 
                                                         Year Ended
                                                February 28,     February 29,
                                                    2005             2004
 
     Net Sales                                  $5,803,586       $3,501,594
 
     Operating Income                             $835,673         $359,504
 
     Income before Income Taxes                   $807,302         $201,339
 
     Income Tax (Expense)/Benefit                 ($12,000)        $583,890
 
     Net Income                                   $795,302         $785,229
 
     Basic Earnings per Share                        $0.07            $0.08
 
     Diluted Earnings per Share                      $0.07            $0.07
 
     Weighted Average Shares - Basic            11,708,331        9,248,175
 
     Weighted Average Shares - Diluted          12,006,170       11,414,584
 
 
 

SOURCE Sono-Tek Corporation

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