Exhibit 99.1

For Immediate Release
October 29, 2009

For further information contact
Richard J. Jarosinski
President and Chief Executive Officer
Portec Rail Products, Inc.
(412) 782-6000, ext. 4230

Press Release

Portec Rail Products,  Inc.  Reports 2009 Third Quarter and Nine Month Operating
Results (unaudited)

Pittsburgh,  PA, - October 29, 2009 - Portec Rail Products,  Inc. (NASDAQ Global
Market -"PRPX") today announced  unaudited net income of $2,023,000 or $0.21 per
share for the three months ended September 30, 2009, and $5,362,000 or $0.56 per
share for the nine months ended  September 30, 2009.  These  amounts  compare to
unaudited net income of $2,516,000 or $0.26 per share,  and  $6,264,000 or $0.65
per share, for the three and nine months ended September 30, 2008, respectively.
Average basic and diluted  shares  outstanding  were 9.6 million for all periods
presented. Net sales for the three and nine months ended September 30, 2009 were
$24.3 million and $73.0 million, respectively, while net sales for the three and
nine  months  ended  September  30, 2008 were $29.6  million and $84.7  million,

Richard J.  Jarosinski,  President and Chief  Executive  Officer  said,  "We are
pleased  with  our  financial  performance  in  what  continues  to  be  a  very
challenging  economic  climate  for our  industry.  We believe  that the overall
diversification  in our markets and product  groups  continue to help soften the
impact on our business from the global economic downturn.  Lower traffic volumes
continue to be  reported by the North  American  Class 1  heavy-haul  railroads.
These  customers  continue to represent a large  portion of our sales,  and they
continue to invest in our products and  services.  We have also  achieved  sales
levels from new markets for some of our  products due to our efforts to continue
global expansion of our products and services."

Mr. Jarosinski continued, "Our friction management product group, which has the
most significant worldwide product exposure and offers multiple operational
savings for both heavy-haul freight and passenger service, continues to grow
despite the economic downturn. Sales of North American Class 1 gage face and top
of rail friction control solutions were the catalyst for this growth while the
remainder of our diversified friction management markets and solutions continue
to expand into new markets. Our efforts have resulted in a second North American
Class 1 customer making a major expansion in the use of our top of rail friction
control solutions. Our wayside data management systems, provided by Salient
Systems, have also had growth for the quarter and year to date periods. We began
the year with a healthy backlog for our wayside data management systems and
received a substantial number of new orders early this year, which helped to
pave the way for the financial results posted thus far for Salient Systems.

Similar to our friction  management  product  group,  the North American Class 1
heavy-haul  railroads  invested  in  our  wayside  data  management  systems  in
preparation  for  higher  traffic  volumes  when  economic  conditions  improve.
Additionally,  product sales from areas outside the North  American  market have
contributed  to Salient  Systems'  results.  Our track  component  product group
continues to be challenged by lower traffic volume and fewer railcar loadings in
North America.  We are pleased that some of our past efforts within this product
group have positioned us for better financial  performance,  which has yielded a
lower cost structure on some products. Our load securement product group has had
a  challenging  year,  as the market for new  railcars  being built has declined
considerably  in 2009.  We are  encouraged  by the products  within this product
group,  which was  strengthened by the Vulcan Chain product line acquisition and
now offers a platform for future growth. Our non-core material handling business
in the United  Kingdom has had a difficult year with very  challenging  economic
conditions.  We are optimistic,  however,  that our product line and engineering
talent  in  this  product  group  will  allow  us to  capitalize  on  new  order

Mr. Jarosinski concluded,  "Despite the economic challenges we continue to face,
we still believe that there are  opportunities  for our products and services in
our established  markets and in new markets. We have some product groups such as
friction  management and wayside data management  systems that have demonstrated
their  ability  to assist  our  customers  in  reducing  operating  expenses  by
extending  asset  life  and  reducing  fuel  costs.  Our  global  customer  base
recognizes  this and we  believe  that  they  will  continue  to  invest in this
technology.  We will  continue to focus on global  expansion of our products and
services by organic  growth and  strategic and  accretive  acquisitions.  We are
pleased with our balance  sheet,  favorable  debt to equity ratio and  operating
cash flow. We believe that we are  well-positioned  to achieve  higher levels of
operating   performance  when  favorable  economic   conditions  return  to  our

Portec  Rail  Products,   Inc.,   headquartered  in  Pittsburgh,   Pennsylvania,
manufactures,  supplies  and  distributes  a broad range of  railroad  products,
including  rail joints,  rail anchors and spikes,  railway  friction  management
products,  railway wayside data collection and data management  systems and load
securement systems. The Company's largest business unit, the Railway Maintenance
Products  Division,  operates a manufacturing  and assembly plant in Huntington,
West Virginia,  an engineering  and assembly  facility in Dublin,  Ohio (Salient
Systems), and is headquartered in Pittsburgh.  The Company also has two Canadian
subsidiaries,  one of which is headquartered  near Montreal with a manufacturing
operation in St. Jean, Quebec and the other headquartered in Vancouver,  British
Columbia that is a technology and manufacturing  facility (Kelsan Technologies).
In addition,  the Company sells load securement  systems to the railroad freight
car market through its Shipping Systems Division located near Chicago, Illinois.
The Company also manufactures  railway products and material handling  equipment
in the United  Kingdom with  operations  in  Leicester,  England and  Sheffield,
England. Portec Rail Products, Inc.'s web site address is www.portecrail.com.

The  foregoing  information  contains  forward-looking  statements.  The Company
cautions  that such  statements  are subject to a number of  uncertainties.  The
Company  identifies  below  important  factors that could  affect the  Company's
financial  performance  and could cause the Company's  actual results for future
periods to differ  materially  from any opinions or  statements  expressed  with
respect  to  future  periods  in any  current  statements.  In  particular,  the
Company's  future  results  could be affected  by a variety of factors,  such as

customer demand for our products; competitive dynamics in the North American and
worldwide  railroad and railway supply industries;  capital  expenditures by the
railway  industry in North America and worldwide;  the development and retention
of  sales  representation  and  distribution   agreements  with  third  parties;
fluctuations  in the  cost  and  availability  of raw  materials  and  supplies;
currency  rate  fluctuations;  and exposure to pension  liabilities.  Additional
cautions regarding forward-looking statements are provided in the Company's Form
10-K for the year ended  December  31,  2008 and Form 10-Q for the period  ended
June  30,   2009  under  the   heading   "Cautionary   Statement   Relevant   to
Forward-looking  Statements."  The Company does not undertake,  and specifically
disclaims,  any  obligation to update or revise any  forward-looking  statement,
whether  written or oral,  that may be made from time to time by or on behalf of
the Company.

         Portec Rail Products, Inc.
         Consolidated Statements of Income
         (In thousands, except share and per share data)

Three Months Ended Nine Months Ended September 30, September 30, -------------------------------------------------------------------- 2009 2008 2009 2008 -------------------------------------------------------------------- (Unaudited) (Unaudited) Net sales $ 24,285 $ 29,644 $ 72,979 $ 84,681 Cost of sales 15,849 19,731 48,674 57,140 -------------------------------------------------------------------- Gross profit 8,436 9,913 24,305 27,541 Selling, general and administrative 5,411 5,872 16,271 17,267 Amortization expense 283 296 806 891 -------------------------------------------------------------------- Operating income 2,742 3,745 7,228 9,383 Interest expense 64 205 217 640 Other expense (income), net 37 44 (83) (77) -------------------------------------------------------------------- Income before income taxes 2,641 3,496 7,094 8,820 Provision for income taxes 618 980 1,732 2,556 -------------------------------------------------------------------- Net income $ 2,023 $ 2,516 $ 5,362 $ 6,264 ==================================================================== Earnings per share Basic and diluted $ 0.21 $ 0.26 $ 0.56 $ 0.65 Average basic and diluted shares outstanding 9,602,029 9,602,029 9,602,029 9,601,894 Consolidated Condensed Balance Sheets (In thousands)
September 30, December 31, 2009 2008 -------------------- -------------------- (Unaudited) (Audited) Assets Current assets $ 48,258 $ 44,638 Property, plant and equipment, net 10,370 10,203 Goodwill and other intangibles, net 42,811 41,145 Other assets 956 837 -------------------- -------------------- Total assets $ 102,395 $ 96,823 ==================== ==================== Liabilities and Shareholders' Equity Current liabilities $ 19,349 $ 20,832 Other liabilities and long-term debt obligations 18,319 17,815 Shareholders' equity 64,727 58,176 -------------------- -------------------- Total liabilities and shareholders' equity $ 102,395 $ 96,823 ==================== ====================

The following information was filed by Portec Rail Products Inc on Thursday, October 29, 2009 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Portec Rail Products Inc's financial trajectory

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