August 11, 2008

Fushi Copperweld Announces Reporting Date for Second Quarter 2008 Earnings Results

DALIAN, China, Aug. 11 /Xinhua-PRNewswire-FirstCall/ -- Fushi Copperweld, Inc. , the leading global manufacturer of bimetallic wire used in a variety of telecommunication, utility, automotive and other electrical applications, today announced that the Company will report its second quarter 2008 financial results before the market opens on Tuesday, August 12, 2008.

Management will host a conference call at 8:30am ET on Tuesday, August 12, 2008.

Listeners may access the call by dialing #913-312-0636. A live webcast of the conference call will also be available at . A replay of the call will be available from August 12, 2008 to September 12, 2008. Listeners may access the replay by dialing 719-457-0820; passcode: 3600374.

About Fushi Copperweld

Fushi Copperweld, Inc. through its wholly owned subsidiaries, Fushi International (Dalian) Bimetallic Cable Co, Ltd., and Copperweld Bimetallics, LLC, manufactures bimetallic composite wire products, principally copper-clad aluminum wires (''CCA'') and copper-clad steel ("CCS"). CCA and CCS wire offers greater value than solid copper wire in a wide variety of applications such as coaxial cable for cable television (CATV), signal transmission lines for telecommunication networks, distribution lines for electricity, electrical transformers, wire components for electronic instruments and devices, utilities, appliances, automotive, building wire, and other industrial wire. For more information on Fushi Copperweld, visit the Company's website: .

Safe Harbor Statement

This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology such as ''will'' ''believes'', ''expects'' or similar expressions. These forward-looking statements may also include statements about our proposed discussions related to our business or growth strategy, which is subject to change. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at .

   For more information, please contact:     Nathan Anderson    Director IR & Corporate Development    Tel:   +1-931-433-0482    Email: [email protected]     Bill Zima & Ashley Ammon MacFarlane    ICR, Inc.    Tel:   +1-203-682-8200  

Fushi Copperweld, Inc.

CONTACT: Nathan Anderson, Director IR & Corporate Development [email protected] or +1-931-433-0482; or Bill Zima & Ashley AmmonMacFarlane, ICR, Inc. at +1-203-682-8200 for Fushi Copperweld

Web site: