Net Income Effectively a Break Even ROYAL OAK, Mich., Nov. 12 /PRNewswire-FirstCall/ -- Bonal International, Inc. (OTC:BONL) today announced 2008 six month and second quarter ending Sept. 30, 2008 unaudited results. Bonal's six month year-to-date revenue is down 21%. Second quarter sales are down 37% over last year to $353,191 and profit was effectively a break even at $764.00, which is down from $110,864 last year. During the quarter, Bonal International paid out $174,792 in dividends and cash on hand is still up from last year. Bonal's per share net income is $0.00 compared to $0.06 last year. Earnings per share for the six month period went from $0.17 last year to $0.04 per share on Sept. 30, 2008. "Equipment sales are down due to the nervousness in the industry because of the financial crises," said A. George Hebel, III, chairman of Bonal International. "Despite the economic conditions, the metalworking industry continues to use our technology. Companies are holding back on purchases, but are now renting instead, providing a big boost to Bonal's sales from rentals. To respond, Bonal has added some units to its rental fleet." 2nd Quarter ending Sept 30 2008 2007 Revenue $353,191 $558,316 Net income $764.00 $110,864 Earnings per share $0.00 $0.06 Six Months ending Sept. 30, 2008 2008 2007 Revenue $955,142 $1,203,089 Net income $64,100 $290,723 Earnings per share $0.04 $0.17 Bonal International Inc. through its wholly owned subsidiary, Bonal Technologies, Inc., is the world's leading provider of sub-harmonic technology for metal improvement solutions with more than 35 years of expertise. Bonal's patented technology and its three product lines: Meta-Lax(R) Stress Relief, Pulse Puddle Arc Welding(R) (PPAW(R)) and Black Magic(R) for distortion control, are sold in the US and in more than 49 countries. Headquartered in Royal Oak, Mich., Bonal provides a variety of services including consulting, training, program design and metal stress relief services for customers in the aerospace, armament, die casting, engine building, machine tool, mining, petroleum, plastic molding, racing, automotive, shipbuilding and welding industries. More information on Bonal can be found at http://www.bonal.com/. DATASOURCE: Bonal International, Inc. CONTACT: Janine M. Krasicky of J9 Media Solutions LLC, +1-248-542-3991, or mobile, +1-248-514-4558, for Bonal International Inc. Web site: http://www.bonal.com/

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