TOR Minerals Announces Fourth Quarter and Year End 2010 Financial Results: EPS of $0.35

TOR Minerals International

, producer of synthetic titanium dioxide and color pigments, specialty aluminas, and other high performance mineral fillers, today announced its financial results for the fourth quarter and year ended December 31, 2010. Highlights for the fourth quarter and 2010 included: * 2010 record net income: $2.3 million versus 2009 net loss: ($0.2) million * 2010 EPS: $0.83 versus 2009 net loss per share: ($0.10) * 2010 revenue increased 28% year over year to $31.0 million * 4Q10 EPS: $0.35 versus 4Q09 EPS: $0.08 * 4Q10 revenue increased 36% year over year to $8.7 million For the fourth quarter ended December 31, 2010, the Company reported net income available to common shareholders of $1,006,000, or $0.35 per diluted share, on net sales of $8,689,000. This compares with a net income available to common shareholders of $143,000, or $0.08 per share, on net sales of $6,395,000 for the quarter ended December 31, 2009.