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                                                                   EXHIBIT 99.1
COMPANY PRESS RELEASE

SOURCE: Mansur Industries Inc.

MANSUR INDUSTRIES RAISES $7MM THROUGH PRIVATE PLACEMENT OF CONVERTIBLE
PREFERRED STOCK

MIAMI, Aug. 25 /PRNewswire/ -- Mansur Industries Inc. (Nasdaq: MANS- news)
announced today the private sale of $7 million of 8% Convertible Preferred
Stock redeemable in 2004. The Preferred Stock is convertible into common stock
at a conversion price equal to $11.50 per share, a 15% premium over its closing
price on August 17, 1999. The Company plans to use the proceeds of the offering
for general working capital purposes.

The Preferred Stock was purchased by Hanseatic Americas LDC, a private
investment company managed by Hanseatic Corporation, a New York-based asset
management company. Hanseatic, conducting business through offices in New York,
London and Hamburg, manages substantial assets on behalf of mainly European
investors and is focused on investing in companies with substantial growth
prospects.

The placement agent for the offering was Ryan, Beck & Co.

Founded in 1990, Mansur Industries designs, manufactures, sells and supports a
full range of self-contained, recycling industrial parts washing products for
use in the automotive, aviation, marine and general industrial markets. The
Company has been awarded ten patents for its products which incorporate
innovative, proprietary resource recovery and waste minimization technologies.
The Company is headquartered in Miami, Florida.

This press release contains forward-looking statements regarding future events
and the future performance of Mansur Industries that involves risks and
uncertainties that could cause actual events to differ materially. Please refer
to the documents that Mansur Industries files from time to time with the
Securities and Exchange Commission which contain important factors that could
cause its results to differ from its current expectations.