Flow International Delays First Quarter Form 10-Q Filing

KENT, Wash., Sept. 11 -- Flow International Corporation , the world's leading supplier of ultrahigh-pressure waterjet products, announced on September 6, 2006 that it would delay the release of its results for the first fiscal 2007 quarter ended July 31, 2006. In a press release on that date, Flow indicated that the reason was that it had recently been made aware of allegations raising questions as to whether it is appropriate to recognize revenues for certain sales of waterjet cutting systems in the first quarter. This press release updates the September 6th press release. Flow has received information alleging that certain sales of Nanojets by Flow Asia were recognized in the wrong period. The audit committee of Flow has engaged independent counsel to assist in its investigation of the allegations, related matters and any possible improprieties related to such transactions.

It is uncertain how long the investigation will take and when the Company will be able to release its first quarter results and file the Quarterly Report on Form 10-Q for the first quarter. The Company will reschedule a conference call to discuss first quarter results as soon as is practicable.

About Flow International

Flow International Corporation is the world's leading developer and manufacturer of ultrahigh-pressure waterjet cutting technology to industries including automotive, aerospace, job shop, surface preparation, and more. For more information, visit http://www.flowcorp.com/ .

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