TechPrecision Corporation's WCMC Division Receives Order from New Tier-1 Solar Customer

CENTER VALLEY, Pa., July 12, 2011 /PRNewswire/ -- TechPrecision Corporation (OTC Bulletin Board: TPCS) ("TechPrecision", or "the Company"), an industry leading manufacturer of precision, large-scale fabricated and machined metal components and systems with customers in the alternative energy, cleantech, medical, nuclear, defense, aerospace and other commercial industries, today announced that its Wuxi Critical Mechanical Components (WCMC) division has received an order for a new generation of polysilicon material production equipment from a new Tier-1 customer. This represents the third strategic tier-1 customer signed by WCMC since it was formed in October of 2010.

The initial order for two beta units is expected to ship by the third quarter of fiscal 2012. Projections from the customer indicate annual requirements of more than 250 units beginning in January 2012 based upon success of the first two units.

"Our WCMC division has now signed its third Tier-1 customer, further validating our decision to form this subsidiary and demonstrating the strong demand for our expertise in the region," commented James Molinaro, CEO of TechPrecision Corporation. "This engagement further diversifies our customer base and increases our penetration in the ever-increasing alternative energy market. Our global customer base clearly recognizes the value of our quality, capacity and capabilities in China for serving their customers in Asia, and we look forward to continued sustained growth."

About TechPrecision Corporation

TechPrecision Corporation, through its wholly owned subsidiaries, Ranor, Inc., and Wuxi Critical Mechanical Components Co., Ltd., is an industry leading, global manufacturer of precision, large-scale fabricated and machined metal components and systems. These products are used in a variety of markets including: renewable energy (solar and wind), medical, nuclear, defense, industrial, and aerospace. TechPrecision's mission is to be the leading end-to-end global service provider to its markets by furnishing custom, fully integrated "turn-key" solutions for complete products that require custom fabrication, precision machining, assembly, integration, inspection, non-destructive evaluation 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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