Portland, Ore. - Schmitt Industries, Inc. (Nasdaq: SMIT) today announced the introduction of three new balancer products for its Schmitt Balance Systems (SBS) division, which were first unveiled at the 2009 China International Machine Tool Show, in Beijing China.   The use of balancing technology has become a critical tool for machine tool manufacturers and end users, who seek to save money by increasing throughput and improving product quality through improvements in the grinding process.  Schmitt Industries has over 20 years of experience in this industry and the latest products further solidify its place as the premier supplier of balancer products.

The first product to be introduced is the SB-5500, a new advanced balancer control platform appropriate for all grinding machines.  This controller features a larger high resolution display screen, digital electronic design, communication options including USB, Ethernet and Profibus, four channel capability and either 24V DC or universal input AC power options.  Options will also include both basic acoustic emission analysis for gap and crash detection and enhanced acoustic emission analysis capability featuring frequency signature analysis and full integration of the frequency data into any CNC program.  The controller user interface will also offer multiple languages.

The Company is also introducing two new acoustic emission sensors, a fluid sensor and a micro sensor.  The fluid sensor is designed to detect acoustic frequency transmitted by the coolant that is directed to the part or grinding wheel. The micro sensor is very small (5 millimeters in diameter), for small spindles used in internal grinding machines and in dresser spindles.  These sensors offer remarkable sensitivity in a small and flexible installation, enabling the user to apply acoustic emission sensing technology to the most difficult to reach areas.  The use of these sensors will permit the operator to gain valuable data from the grinding process that will help the operator to perform gap avoidance or crash detection of the grinding wheel and to more effectively monitor the grinding process to enable greater production efficiency and improved part quality.

“We are delighted to be able to offer these new products to the grinding industry.” commented Wayne A. Case, President and Chief Executive Office of Schmitt Industries, Inc.  “The SB-5500 controller is an all digital design with enhanced communication and power options, offering superior performance at an attractive price.  Our two new acoustic emission sensors are remarkably sensitive and add further sensor options for users of acoustic emission analysis.  These products will help our customers save time and money and what’s more, they are backed by Schmitt’s world class customer service,” he concluded.

About Schmitt Industries

Schmitt Industries, Inc. designs, manufactures and markets computer controlled balancing equipment (the Balancer segment) primarily to the machine tool industry.  Through its wholly owned subsidiary, Schmitt Measurement Systems, Inc., the Company designs, manufactures and markets precision laser measurement systems used in surface measurement applications and dimensional measurement applications and ultrasonic measurement products for remote monitoring of chemical storage tanks (the Measurement segment).  The Company also sells and markets its products in Europe through its wholly owned subsidiary, Schmitt Europe Ltd. located in the United Kingdom.

FORWARD-LOOKING STATEMENTS

The statements in this release, including remarks by Wayne Case regarding the SB 5500 offering superior performance at an attractive price, that the acoustic emission sensors are remarkably sensitive and that these products will help save customers time and money, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such statements are based upon current expectations, estimates and projections about the Company’s business that are based, in part, on assumptions made by management.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict.  Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors including but not limited to the uncertainties of the Company’s new product introductions, the risks of increased competition and technological change in the Company’s industry, and other factors detailed in the Company’s SEC filings.  In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions.  Such forward-looking statements speak only as of the date on which they were made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release, or to address changes to this release made by wire services or internet service providers.