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Tri-Tech Holding Awarded $3.7M for Landfill Construction Project in Xinle City, China

March 11, 2010
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BEIJING, March 11 /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 RMB25.4 million (approximately US$3.7
million
) Build-Transfer (BT) contract for construction of a residential solid
waste sanitary landfill for Xinle City, Hebei province. Tri-Tech will build
the plant and transfer ownership to Xinle City. This landfill will be 100%
funded by governmental investment.

The contract covers landfill site construction engineering and design,
underground water monitoring, leachate drainage system, landfill gas pipe
system and site closure cover system. The project will utilize an enhanced
sanitary landfill process, combined with a composite impervious system, and a
geosynthetic clay liner (GCL) with high-density polyethylene (HDPE)
geomembrane to protect underground water resources and the environment.
Tri-Tech expects to complete construction and transfer the landfill to Xinle
City by November 2010.

The Xinle landfill will be 114,000 square meters, with a total disposal
capacity of 1,197,000 cubic meters. It will have a daily disposal capacity of
220 tons, servicing the entire Xinle downtown and nearby suburbs with a
population of 460,000. With a municipal solid waste decontamination rate of
100%, this landfill will ensure the harmless treatment of Xinle’s municipal
solid waste for the next 10 years.

Tri-Tech CEO Warren Zhao said, “We are extremely pleased to be awarded
this project after the Xinle City wastewater treatment plant upgrade work.
This is the first residential solid waste landfill funded by Xinle government.
With the rapid economic growth in Xinle, the amount of residential waste is
increasing. The implementation of this project will reduce pollution from
random-dumped urban refuse and will improve Xinle City’s natural environment
and preserve underground water quality.”

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.

An online investor kit including a company profile, press releases,
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 references to the successful completion of the project referenced
herein and other 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, 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