“s” : “trit”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”
Press Release Source: Tri-Tech Holding Inc. On Wednesday June 8, 2011, 9:52 am EDT
BEIJING, June 8, 2011 /PRNewswire-Asia-FirstCall/ — Tri-Tech Holding Inc. (NASDAQ:TRIT – News), a premier Chinese company that provides leading turn-key solutions in China for water resources, water and wastewater treatment, industrial safety and the pollution control markets, announced today that its affiliate, Beijing Yanyu Water Tech Co., Ltd. (Yanyu), has won flash flood monitoring and forecasting projects in six districts and counties in Yichun City, Heilongjiang Province. The contract value is RMB24.82 million or $ 3.83 million.
Tri-Tech will establish flash flood monitoring and early warning systems including production, software development, equipment procurement, system integration, installation and commissioning, technical training, technical services, equipment commissioning and after sales services. All projects are expected to begin in mid-June 2011 and be completed by mid-August 2011. Tri-Tech expects to recognize all revenues from the project in 2011.
Yanyu General Manager Mr. Yongzhen Zhuang said, “With the expanded application of Yanyu’s flash flood early warning system country wide, a growing number of users and system integrators have chosen to use our monitoring and warning platform, proven RTU and intelligent voice alarm products. In the meantime, we continue to expand our product sales reach and we are working closely with local partners as well as local system integrators to further expand our market share.”
Mr. Warren Zhao, CEO of Tri-Tech, said: “Following our successful bid for flash flood control projects in six counties of Anhui, Gansu and Shandong provinces, Yanyu has won the bid for six districts and counties in Yichun City of Heilongjiang Province. This demonstrates the efficiency of Yanyu’s marketing team. China‘s flash flood prevention program is currently in full swing. After the drought in the southern region of the country in the spring of this year, heavy rainfall has created significant risk of geological disasters. Yanyu is actively participating in flash flood prevention measures for monitoring and warning systems of non-engineering construction projects in different provinces. We are confident that through our advanced monitoring and flash flood warning systems, we will be able to reduce losses in disaster-prone areas and enhance the security and well being of the people living in those areas.”
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. The company is also providing comprehensive solutions in the industrial pollution control market. Tri-Tech owns 23 software copyrights and two technological patents and employs 260 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 payment therefor 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, completion and payment for the projects discussed in this release, 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.
Frank Hawkins or Grace Huang
Follow Yahoo! Finance on ; become a fan on Facebook.
Yahoo! Finance: Waste Management Industry News
From our Blog
- Why You Need a Dumpster September 21, 2016
- Neighborhood Togetherness Matters & Clean Up Does, Too September 19, 2016
- What Waste Should You Recycle And Throw In The Trash? August 3, 2016
- Dumpster Rentals for Business Owners August 1, 2016
- Picking a Dumpster for Your Next Roofing Project July 19, 2016
- Consequences of Illegal Dumping and Littering July 13, 2016
- How To Dispose Of Debris? June 14, 2016
- When Is A Good Time To Clean Out Your Waste? June 13, 2016
- How to Dispose of Construction Waste May 2, 2016
- Why You Should Share Rental Dumpsters With Your Neighbors April 29, 2016
2011 2012 Announces best Call Clean Company Conference Connections Covanta diving dumpster dumpsters Energy Ewaste Garb garbage Harbors Holding Identity Inc. Industry Landfill Management Plant power Present Progressive Recycling Release Rental Reports Republic Second Services Solutions Stericycle stock Third TRASH TriTech Veolia Waste yard Year
- Dumpster Diving for Gourmet Pig Feed – Novella Carpenter July 10, 2011
- A Shout Out To Eating Garbage: Dumpster Diving on CBC September 17, 2011
- MythBusters – Dumpster Diving Trailer July 16, 2011
- Kris Kemp: Dumpster Diver August 21, 2011
- What should happen after my character gets beat up? June 6, 2011
- Frugal TV – Dumpster Diving for Coupons June 11, 2011
- Dumpster Dive (Director Commentary) September 24, 2011
- Dumpster Divers Spark Palin Probe September 11, 2011
- Can Opener? We don’t need no stinking can opener! June 19, 2011
- Auburn-Placer 1 yard dumpster June 8, 2011