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Tri-Tech Holding Awarded $1M Phase One Contract for Wastewater Treatment Plant

November 18, 2009

BEIJING, Nov. 18 /PRNewswire-Asia-FirstCall/ — Tri-Tech Holding Inc.
(Nasdaq: TRIT), a premier Chinese company that engineers, manages and monitors
municipal sewer systems, natural waterways and other water resources,
announced today that it has received a $1 million Phase One contract for
procuring and installing process equipment for a wastewater treatment plant in
Jinjing Newtown in Baodi District of Tianjin Municipality in Northern China.

The Jinjing Newtown wastewater treatment plant will ultimately require a
total investment of RMB47.68 million (approximately US$7 million) from the
Chinese government. The 215,000 square foot treatment plant will have a daily
capacity of 10,000 metric tons. Tri-Tech will install advanced rotating
fiber-disc, chlorination and dosing systems.

The Phase One contract covers process equipment procurement, installation,
trial runs and performance checks. All process equipment to be procured and
installed by Tri-Tech will be in accordance with China National Standards
(CNS), the International Organization for Standardization (ISO) and the
International Electrotechnical Commission (IEC) to assure a maximum operating
life time and the highest performance. Tri-Tech expects to complete the Phase
One installation and trial run by the end of 2009.

Tri-Tech CEO Warren Zhao said, “We are pleased to secure the Phase One
contract for the Jinjing Newtown wastewater treatment project. We believe this
will put us in a favorable position to bid for Phase Two of the project. Baodi
District is geographically surrounded by Beijing, Tianjin and Tangshan,
encompassing a population of 37 million within a radius of 100 kilometers.
This accounts for 60% of the total population in Beijing, Tianjin and Hebei
province. The construction of wastewater treatment plants such as the one in
Jinjing Newtown is a top priority for the Baodi government. We continue to
seize the opportunity and to secure more contracts in this region.”

In an unrelated matter and in response to several calls received by the
company, the company wishes to state that the announced purchase yesterday of
a Tampa-based distribution company called Tri-Tech was not related in any way
to the operation of Tri-Tech Holding.

About Tri-Tech Holding Inc.

Tri-Tech designs customized sewage treatment and odor control systems for
China’s municipalities and its larger cities. These systems combine software,
information management systems, resource planning and local and distant
networking hardware that includes sensors, control systems, programmable logic
controllers, supervisory control and data acquisition systems. The company
also designs systems that track natural waterway levels for drought control,
monitor groundwater quality and assist the government in managing its water
resources. Tri-tech owns seven software copyrights and two technological
patents and employs 108 people. Please visit http://www.tri-tech.cn for more
information.

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current price quotes, stock charts and other valuable information for
investors is available at http://www.hawkassociates.com/profile/trit.cfm . To
subscribe to future releases via e-mail alert, visit
http://www.hawkassociates.com/about/alert/ .

This press release contains forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995. Forward-looking statements
include statements concerning plans, objectives, goals, strategies, future
events or performance, and underlying assumptions and other statements that
are other than statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and service
demand and acceptance, changes in technology, economic conditions, performance
under contracts, implementation of contractual terms as currently contemplated,
future expansion decisions by the government, the impact of competition and
pricing, government regulation, and other risks contained in reports filed by
the company with the Securities and Exchange Commission. All such
forward-looking statements, whether written or oral, and whether made by or on
behalf of the company, are expressly qualified by the cautionary statements
and any other cautionary statements which may accompany the forward-looking
statements. In addition, the company disclaims any obligation to update any
forward-looking statements to reflect events or circumstances after the date
hereof.

    For more information, please contact:

    Investors Contact:
     Hawk Associates
     Susan Zhou
     Tel:   +1-305-451-1888
     Email: tritech@hawkassociates.com

SOURCE Tri-Tech Holding Inc.


Source: newswire



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