Key Technology Inc. introduces the newly redesigned Compact Dryer for removing moisture from fresh-cut produce after washing. Now CE-marked and UL-certified, the Compact Dryer features new Allen-Bradley controls and a new support frame to ease operation, enhance sanitation, and improve worker safety while maximizing reliability, production flexibility, and product quality. Handling up to 600 lb (280 kg) of product per hour, Key's Compact Dryer is ideal for small to medium volume fresh-cut processors handling a wide variety of products. Featuring fully adjustable settings that control spin speed and cycle time, this centrifugal dryer removes moisture to enhance the quality and shelf life of leafy salad mix, shredded and chopped lettuce and cabbage, cut vegetables, herbs, onions, peppers, and other fresh-cut products. Settings can be preprogrammed and retrieved for fast changeovers that achieve optimal water removal for each product type.

Key Technology Inc. expected to Report Q1 2010 Results on January 25, 2010. This event was calculated by Capital IQ (Created on November 13, 2009).

Key Technology Inc. announced unaudited earning results for the fourth quarter and year ended September 30, 2009. For the quarter, the company's net sales were $28.6 million, which was 28.8% lower than the $40.2 million reported for the same quarter last year. The company reported a net loss for the quarter of $45,000, or $0.01 per diluted share, compared with net earnings of $2.2 million, or $0.40 per diluted share, in the same period a year ago. Loss from operations was $0.2 million compared with earnings from operations of $3.7 million a year ago. Loss before income taxes was $0.3 million compared with earnings before income taxes of $3.3 million a year ago. For the year, the company's net sales were $105.4 million, a 21.4% decrease from the $134.1 million reported for fiscal 2008. The company reported a net loss for the year of $491,000, or $0.10 per diluted share, compared with net earnings of $7.5 million, or $1.35 per diluted share, for fiscal 2008. Loss from operations was $0.9 million compared with earnings from operations of $10.3 million a year ago. Loss before income taxes was $1.4 million compared with earnings before income taxes of $10.9 million a year ago.