PMFG, Inc. (Parent of Peerless Mfg. Co.) to Hold Annual Meeting of Stockholders on November 14, 2013 to Approve Three Proposals

PMFG, Inc. (Parent of Peerless Mfg. Co.) to Hold Annual Meeting of
Stockholders on November 14, 2013 to Approve Three Proposals

DALLAS, Oct. 2, 2013 (GLOBE NEWSWIRE) -- PMFG, Inc. (the "Company")
(Nasdaq:PMFG) today announced that it has filed a definitive proxy statement
with the Securities and Exchange Commission related to its annual meeting of
stockholders to be held on November 14, 2013 at the Company's headquarters.

At the annual meeting, the Company's stockholders will be asked to (i) elect
two directors to serve until the 2016 annual meeting of stockholders; (ii)
conduct an advisory vote on the Company's executive compensation program and
(iii) ratify the appointment of Grant Thornton, LLP as the Company's
independent registered public accounting firm for the fiscal year ending June
28, 2014.

The Company will report the final voting results, or the preliminary voting
results if the final voting results are unavailable, in a Current Report on
Form 8-K within four business days following the Annual Meeting.

Additional Information

STOCKHOLDERS ARE URGED TO READ CAREFULLY AND IN ITS ENTIRETY THE DEFINITIVE
PROXY STATEMENT FILED WITH THE SEC AND OTHER RELEVANT MATERIALS, BECAUSE THEY
DO AND WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE PROPOSALS
TO BE VOTED ON AT THE ANNUAL MEETING.

Stockholders may obtain free copies of the Company's definitive proxy
statement and its other SEC filings electronically by accessing the SEC's home
page at http://www.sec.gov and at PMFG's website, www.pmfginc.com.

PMFG and its directors, executive officers and other persons may be deemed
participants in the solicitation of proxies in connection with the proposals.
Information regarding the persons who may, under the rules of the SEC, be
deemed participants in the solicitation of PMFG's stockholders in connection
with the proposals is set forth in the definitive proxy statement and other
relevant proxy materials.

This press release is not a proxy statement or solicitation of a proxy,
consent or authorization with respect to any securities or in respect of the
proposals and shall not constitute an offer to sell or a solicitation of an
offer to buy the securities of PMFG, nor shall there be any sale of any such
securities in any state or jurisdiction in which such offer, solicitation, or
sale would be unlawful prior to registration or qualification under the
securities laws of such state or jurisdiction.

About PMFG

PMFG is a leading provider of custom-engineered systems and products designed
to help ensure that the delivery of energy is safe, efficient and clean. PMFG
primarily serves the markets for power generation, natural gas infrastructure
and petrochemical processing. Headquartered in Dallas, Texas, PMFG markets its
systems and products worldwide.

Safe Harbor Under The Private Securities Litigation Reform Act of 1995

Certain statements contained in this press release that are not historical
facts are forward-looking statements that involve a number of known and
unknown risks, uncertainties and other factors that could cause the actual
results, performance or achievements of the Company to be materially different
from any future results, performance or achievement expressed or implied by
such forward-looking statements. The words "anticipate," "expect," "believe,"
"intend" and similar expressions identify forward-looking statements. The
Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for
such forward-looking statements. In order to comply with the terms of the safe
harbor, the Company notes that a variety of factors could cause actual results
and experience to differ materially from the anticipated results or other
expectations expressed in such forward-looking statements. Other important
information regarding factors that may affect the Company's future performance
is included in the public reports that the Company files with the SEC,
including the information under Item 1A. "Risk Factors" in the Company's
Annual Report on Form 10-K for the fiscal year ended June 29, 2013. The
Company undertakes no obligation to revise any forward-looking statements or
to update them to reflect events or circumstances occurring after the date of
this release, or to reflect the occurrence of unanticipated events, except as
required by law. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof. The
inclusion of any statement in this release does not constitute an admission by
the Company or any other person that the events or circumstances described in
such statement are material.

CONTACT: For Further Information Contact:
        
         Mr. Peter J. Burlage, Chief Executive Officer
         Mr. Ronald L. McCrummen, Chief Financial Officer
         PMFG, Inc.
         14651 North Dallas Parkway, Suite 500
         Dallas, Texas 75254
         Phone: (214) 357-6181
         Fax: (214) 351-4172
         www.peerlessmfg.com
        
         or
        
         Shawn Severson
         The Blueshirt Group
         Managing Director, Energy Technology Practice
         Phone: (415) 489-2198
         shawn@blueshirtgroup.com
 
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