Under the terms of the contract, which is valued at just under one million dollars and targeted for completion by the end of December, 2007, Marmion is performing all HVAC work in connection with the construction of the school.

The contract increases the total amount of booked and completed commercial sales logged for the past few weeks to more than $4 million and marks Marmion's successful diversification into multiple revenue channels.

Commenting on the progress at Debakey, CEO W.H. Marmion stated, "We are quite pleased with the progress we have made on this, the Michael Debakey High School for the Medical Professions. The summer work schedule was completed as planned and we are looking forward to finishing this project by year end. We have made significant headway and are attracting a higher caliber clientele of general contractors to work with; this gives us the ability to bid better projects and increase our top line revenue stream."

Marmion Industries experienced revenue growth of nearly 85% in 2006 over 2005 and has seen sales grow solidly in three consecutive quarters. The company's dedication to continuous business improvement has led to a recent, sustainable surge in both commercial and industrial sales, which rose nearly 80% during the second quarter of 2007 on a year-over-year basis.

This high level of dedication is exemplified by a number of corporate-led strategic efforts including but not limited to: Marmion's recent implementation of the Leadership in Energy and Environmental Design 'LEED' Certification of Quality Program and; the company's hazardous location wall mounted air conditioners receiving third party approval through Intertek Testing Services.

About Marmion Industries Corporation

Marmion Air Service specializes in Explosion-Proof Heating, Ventilation, Cooling Pressurization and chemical filtration solutions for mission-critical applications. Our reputation is based on superior equipment and service, from south Texas and Louisiana refineries to drilling rigs and chemical plants in Saudi Arabia and South America. Our products are designed for application in Petro-Chemical, Industrial, Agricultural, wastewater, pulp and paper, elect., medicine, and Aerospace. Marmion Air Service commenced operation in Texas in 1998 in residential and commercial HVAC service. The Texas Department of Licensing and Regulation -- TACLA019367C -- recognizes the company as a contractor in the field of Heat Ventilation and Air Conditioning. The company is in the process of working towards third party certifications on selected manufactured equipment.

Further information on Marmion Industries is available at: http://www.marmionair.com and http://www.microstockprofit.com

Forward Looking Statements

The information in this news release includes certain forward-looking statements that are based upon management's expectations and assumptions about certain risks and uncertainties that can affect future events. Although management believes these assumptions and expectations to be reasonable on the date of this news release, these risks and uncertainties may cause actual events to differ materially from those contained in this news release. The risks and uncertainties include, but are not limited to, continuing as a going concern, availability and cost of our present vendors and suppliers, and absence of any change in government regulations or other costs associated with data transmission over the Internet or termination of transmissions in foreign countries.

 

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