PMFG, Inc. (Parent of Peerless Mfg. Co.) Concludes Annual Meeting of Stockholders, Releases Preliminary Results of Proposal

PMFG, Inc. (Parent of Peerless Mfg. Co.) Concludes Annual Meeting of
Stockholders, Releases Preliminary Results of Proposal Votes and Director
Elections

DALLAS, Nov. 14, 2013 (GLOBE NEWSWIRE) -- PMFG, Inc. (the "Company")
(Nasdaq:PMFG) has concluded its 2013 Annual Meeting of Stockholders.

Based upon the preliminary vote tabulation, the Company announced that the
stockholders approved the election of Kenneth R. Hanks and R. Clayton Mulford
to serve as directors until the 2016 Annual Meeting of Stockholders, the
advisory proposal on the Company's executive compensation program and 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 file a Form 8-K reporting preliminary voting results today.

The Board of Directors and Compensation Committee will consider the results of
the non-binding advisory vote when making future compensation decisions for
the named executive officers.

About PMFG

The Company is a leading provider of custom engineered systems and products
designed to help ensure that the delivery of energy is safe, efficient and
clean. The Company primarily serves the markets for power generation, natural
gas infrastructure and petrochemical processing. Headquartered in Dallas,
Texas, the Company markets its systems and products worldwide under the brand
names of Peerless Mfg. Co., Burgess-Manning, Bos-Hatten and Alco Products.

The PMFG, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=22218

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. These risks and
uncertainties include the Company's ability to raise additional capital and to
execute its plans and strategies. 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. 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: PMFG, Inc.
         Mr. Peter J. Burlage, Chief Executive Officer
         Mr. Ronald L. McCrummen, Chief Financial Officer
         (214) 353-5545
         Fax:(214) 351-4172
         www.peerlessmfg.com
         14651 North Dallas Parkway, Suite 500
         Dallas, Texas 75254
        
         Mr. Shawn Severson
         The Blueshirt Group
         Phone: (415) 489-2198
         Email: shawn@blueshirtgroup.com

PMFG, Inc.