Taylor Devices Announces Second Quarter And Six Month Results

NORTH TONAWANDA, N.Y., Jan. 13, 2006 -- Taylor Devices, Inc. announced today that it had 2nd quarter net earnings of $120,750, up dramatically from last year's 2nd quarter earnings of $13,438. Net Earnings for the 1st six months were $230,067, up sharply from last year's net earnings of $87,087.

Sales for the 2nd quarter were $3,370,028, up significantly from last year's 2nd quarter sales of $2,649,727. Sales for the 1st six months were $6,480,127, up notably from last year's $5,101,146.

"Our firm order backlog is now $11.9 million, up over 50% from the $7.8 million level that we reported at the end of our 1st quarter," stated Douglas P. Taylor, President. He concluded, "We continue to believe that both profitability & sales will show substantial improvement for all of 2006."

Taylor Devices, Inc. is a 51-year-old company engaged in the design, development, manufacture & marketing of shock absorption, rate control and energy storage devices for use in various types of machinery, equipment & structures. The company continues to achieve growth in the developing seismic protection field and in the isolation of wind-induced vibrations.

  2nd Quarter  (3 months ended 11/30/05 & 11/30/04)     F/Y 06       F/Y 05

  Sales                                             $3,370,028   $2,649,727

  Net Earnings                                      $  120,750   $   13,438

  Earnings per Share                                $      .04   $     ----

  Shares Outstanding                                 3,102,434    3,022,003

  Six Months (6 months ended 11/30/05 & 11/30/04)       F/Y 06       F/Y 05

  Sales                                             $6,480,127   $5,101,146

  Net Earnings                                      $  230,067   $   87,087

  Earnings per Share                                $      .07   $      .03

  Shares Outstanding                                 3,102,434    3,022,003

  Taylor's website can be visited at:  www.taylordevices.com