A record amount of energy generation capacity from captured wasted energy which would otherwise require burning 309,000 tons of coal a year to meet energy needs SHANGHAI, China, Jan. 20 /PRNewswire-Asia/ -- China Energy Recovery, Inc. (ISIN: US16943V2060 - OTC Bulletin Board: CGYV; "CER"), a leader in the waste heat energy recovery sector of the industrial energy efficiency industry, announced today that, per estimate, the company helped complete and deliver the equivalent of roughly 143 MW of energy generation capacity to its clients in 2008. That same amount of power generation, if provided through traditional coal-fired power plants, would have required approximately 309,000 tons of coal (coal equivalent) and generated roughly 822,000 tons of carbon dioxide emission -- one of the major sources for greenhouse gases and global warming -- a year. Instead, China Energy Recovery's systems use nothing but waste energy recovered, capturing and converting what would normally be wasted energy into useable, efficient energy and saving its customers significant energy costs. '2008 was undoubtedly China Energy Recovery's most successful year to date, and we're very pleased with the energy generation capacity we were able to help our clients achieve from what would otherwise be wasted energy resources,' stated CER's CEO, Mr. Qinghuan Wu. CER recognizes that most industrial customers directly utilize the waste heat energy captured in the form of steam and return it back into their production processes to achieve the highest energy utilization efficiency possible, and save on their costs of energy. The benefit is, therefore, more about energy efficiency than it is as a replacement source for additional energy generation. If measured on a cost-per-MW-produced basis against other 'clean tech' energy generation sources such as wind or solar energy, the investment costs would be significantly higher than those for energy recovery systems. Waste energy recovery systems have even been deemed to be cost-competitive when compared against large-scale conventional power sources such as coal, fossil fuel and nuclear power. What is Waste Heat Energy Recovery? Industrial facilities release significant amounts of excess heat into the atmosphere in the form of hot exhaust gases or high-pressure steam. Energy recovery is the process of recovering vast amounts of that wasted energy and converting it into usable heat energy or electricity, dramatically lowering energy costs. Energy recovery systems are also capable of capturing harmful pollutants that would otherwise be released into the environment. It is estimated that if energy currently wasted by all the U.S. industrial facilities could be recovered, it could produce power equivalent to 20% of U.S. electricity generation capacity without burning any additional fossil fuel, and could help many industries to meet stringent environmental regulations. About China Energy Recovery, Inc. CER is an international leader in designing, manufacturing and installing waste heat energy recovery systems which provide facilities with greater energy efficiency. The company's primary focus is on the Chinese market. CER's technology captures industrial waste energy to produce low-cost electrical power, enabling industrial manufacturers to reduce their energy costs, shrink their emissions footprint, and generate sellable emissions credits. CER has deployed its systems throughout China and in such international markets as Egypt, Korea, Vietnam and Malaysia. CER focuses on numerous industries in which a rapid payback on invested capital is achieved by its customers, including: chemical, paper manufacturing, refining (including methanol refining), etc. CER continues to invest in R&D and plans to build China's first state-of-the-art energy recovery system research and fabrication facility to allow it to meet the increased demand for its products and services. For more information on CER, please visit: http://www.chinaenergyrecovery.com/s/Home.asp . Information on CER's website does not comprise a part of this press release. Forward-Looking Statement Disclaimer This press release includes "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995, as amended. All statements, other than statements of historical fact, included in the press release that address activities, events or developments that CER believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors that CER believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of CER and may not materialize, including, without limitation, the efficacy and market acceptance of CER's products and services, and CER's ability to successfully complete orders and collect revenues therefrom. Investors are cautioned that any such statements are not guarantees of future performance. Actual results or developments may differ materially from those projected in the forward-looking statements as a result of many factors. Furthermore, CER does not intend (and is not obligated) to update publicly any forward-looking statements, except as required by law. The contents of this release should be considered in conjunction with the warnings and cautionary statements contained in CER's filings with the SEC, including CER's Current Report on Form 8-K filed with the Securities and Exchange Commission on April 21, 2008. For more information, please contact: Media Sean Mahoney Tel: +1-310-867-0670 Email: Investor Relations Jim Blackman Tel: +1-713-256-0369 Email: DATASOURCE: China Energy Recovery, Inc. CONTACT: Media, Sean Mahoney at +1-310-867-0670 or ; Investor Relations, Jim Blackman at +1-713-256-0369 or , both for China Energy Recovery, Inc. Web site: http://www.chinaenergyrecovery.com/

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