TechPrecision Corporation Names Ken Stephens to Newly Created Position of Account Manager, Nuclear Markets

WESTMINSTER, Mass., Nov. 16, 2010 /PRNewswire-FirstCall/ -- TechPrecision Corporation (OTC Bulletin Board: TPCS) ("TechPrecision", or "the Company"), a leading manufacturer of large-scale, high-precision machined metal fabrications with customers in the alternative energy, medical, nuclear, defense, aerospace and other commercial industries, today announced that Ken Stephens has joined TechPrecision in the newly created position of Account Manager, Nuclear Markets, effective December 8, 2010.

Mr. Stephens has over 35 years experience in manufacturing with a diverse background that includes engineering, global sales and marketing, and worldwide account management. He most recently held the position of Nuclear Systems Product Manager at the Peerless Manufacturing Co., which is an "N-Stamp" fabricator, where he was responsible for products sold to the Nuclear Power industry for use in nuclear steam generators and moisture steam reheaters. He also has experience in the silicon wafer and microchip manufacturing industry, has had account management responsibility for series/parallel/thermal testing of integrated circuits, printed circuit boards, and microchips; and sold and managed capital equipment products in the ceramics, glass and semiconductor industry. He was also a regional sales manager in the power utility industry for electrical measurement and distribution products. He began his career at General Dynamics Corp.

"Ken recognizes the tremendous growth potential in the markets we serve and is committed to understanding customer requirements, which is a primary reason he has been so successful in his career," said Mr. James Molinaro, Chief Executive Officer of TechPrecision Corporation. "He shares our vision in the nuclear markets and his background will allow him to target high-margin projects, deploy proactive sales and marketing processes, and focus his significant energies to expand our market share."

Mr. Stephens commented, "I am delighted to join the TechPrecision team. They have an outstanding reputation for excellence in large scale, precision manufacturing and fabrication and are well-positioned to capitalize on emerging opportunities in the nuclear energy markets. I look forward to making a contribution to their near- and long-term strategies and results and to help them grow their overall business."

About TechPrecision Corporation

TechPrecision Corporation, through its wholly-owned subsidiary Ranor, Inc., manufactures metal fabricated and machined precision components and equipment. These products are used in a variety of markets including: alternative energy, medical, nuclear, defense, industrial, and aerospace to name a few. TechPrecision's goal is to be an end-to-end 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. Information on the Company's website or any other website does not constitute a part of this press release.

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the Company's ability to generate business from long-term contracts rather than individual purchase orders, its dependence upon a limited number of customers, its ability to successfully bid on projects, and other risks discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.

SOURCE TechPrecision Corporation

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