Trans-Industries, Inc. Reports First-Quarter 2003 Results

ROCHESTER HILLS, Mich., May 9, 2003 -- Trans-Industries, Inc. , a leading manufacturer of bus interior and lighting products, electronic information systems and software, plus related components for the mass transit and highway markets, today announced results for the first quarter ended March 31, 2003.

Sales for the quarter totaled $8.6 million compared with $8.8 million for the same period last year. The decline in sales was directly attributable to Vultron International, a subsidiary that was sold on March 7, 2003. The pretax loss for the quarter of $490,000 was primarily related to the restructuring charges associated with the sale of this business and the 2003 operating results of this English subsidiary for the months of January and February. This translated into a per share loss of 15 cents versus a profit of 10 cents per share for the 2002 quarter.

Annual Meeting of Shareholders

The Trans-Industries Annual Meeting of Shareholders will be held at 11:00 a.m. Eastern Daylight Time on Wednesday, May 21, 2003, at the Holiday Inn, 1500 North Opdyke Road, Auburn Hills, MI 48326. For more information please call Mr. Kai Kosanke, Chief Financial Officer, at 248- 852-1990.

About the Company

The Company is a leading provider of lighting systems and related components to the mass transit market as well as a supplier of information hardware and software solutions on Intelligent Transportation Systems (ITS) and mass transit projects. ITS utilizes integrated networks of electronic sensors, signs and software to monitor road conditions, communicate information to drivers and help transportation authorities better manage traffic flow across their existing infrastructures.

  Visit Trans-Industries at www.transindustries.com .

                          Trans-Industries, Inc.
                   Quarterly Sales and Earnings Report
                              March 31, 2003

                                                  First Quarter Ending
                                                        March 31,
                                                   2003           2002

  Sales                                         $8,649,800     $8,798,681
  Cost of Sales                                  6,058,931      5,809,546
    Gross Profit                                 2,590,869      2,989,135

  Selling, Gen. & Admin. Exp.                    2,638,388      2,290,223
  Interest                                         170,049        213,582
  Restructuring Costs *                            272,859              0
  Other                                                 (9)           915
    Total Expenses                               3,081,287      2,504,720

  Earnings/(Loss) Before Income Taxes             (490,418)       484,415

  Income Taxes                                     (17,000)       175,000
    Net Earnings/(Loss)                          $(473,418)      $309,415

  Earnings/(Loss) Per Share                         $(0.15)         $0.10

  * Restructuring charges incurred on sale of Vulton International.

  Weighted Average Number of
   Shares Outstanding                            3,139,737      3,139,737

                  Consolidated Balance Sheet (Unaudited)

                                                  First Quarter Ending
                                                       March 31,
  Assets:                                         2003           2002

  Total Current Assets                         $20,490,476    $22,419,362
  Net Fixed Assets                               4,020,663      4,584,296
  Other Assets                                     283,822      1,063,019
    Total Assets                               $24,794,961    $28,066,677

  Liabilities and Shareholders' Equity:

  Total Current Liabilities                    $12,731,121    $13,582,026
  Deferred Income Taxes                            418,000              0
  Long Term Debt                                 3,216,884      4,048,495
  Shareholders' Equity                           8,428,956     10,436,156
    Total Liabilities and Shareholders'
     Equity                                    $24,794,961    $28,066,677