Schmitt Books Major Sale of Measurement Machines

Business Wire, April 7, 2005

PORTLAND, Ore. -- Schmitt Industries, Inc. (NASDAQ:SMIT) is pleased to announce that Seagate Technology, Singapore has placed a major order for the Schmitt TMS-2000RC Surface Measurement Machines. Seagate is implementing a major expansion in Singapore and has chosen to continue to rely on the Schmitt laser light scatter measurement tools to control hard drive disk smoothness/micro-roughness.

Schmitt has worked closely with Seagate for the last five years to enhance and further develop the proprietary surface measurement capabilities of the Schmitt TMS-2000RC machines. These machines are used around the clock, 24/7 to assure the disk substrates meet the new industry standards of sub angstrom measurements.

Currently, the Disk Drive Industry is producing disks with surface roughness/smoothness of less than one angstrom (0.1 nanometers) which greatly improves the storage capacity of the disk drives. Schmitt is the leader in creating fast, accurate, and repeatable measurements below one angstrom in production and research environments. Schmitt's TMS-2000RC machine is less costly, faster and more accurate than atomic force microscopes, which are slow to measure and generally unable to measure below one angstrom.

Wayne Case, President and Chairman of Schmitt said: "These TMS-2000RC orders will increase our sales in the fourth quarter by over $500,000. Profits will also increase significantly as a result of these orders. The Disk Drive markets are growing rapidly because of the huge increase in demand for data storage. This is driven by a resurgence of the PC markets, new digital products such as, IPOD, XBOX, Digital Cameras, and increased government regulations requiring greater data storage. Many of our Disk Drive customers are increasing purchases of measurement machines and are upgrading existing Schmitt machines to achieve the industry goal of sub angstrom surface roughness, which in turn increases data storage per disk."

The information contained in this release contains certain forward-looking statements that anticipate future trends or events. These statements are based on certain assumptions that may prove to be erroneous and are subject to certain risks including but not limited to the uncertainties of the Company's new product introductions, the risks of increased competition and technological change in the Company's industry and other factors detailed in the Company's SEC filings. Accordingly, actual results may differ, possibly materially, from the predictions contained herein.