NF Energy Saving Corporation Delivers US$300,000 Energy-Efficient Flow Control System to a Large Thermal Power Plant in Gansu Pr

Date : 10/27/2009 @ 12:30PM
Source : PR Newswire (US)
Stock : (NFEC)
Quote : 7.0  0.0 (0.00%) @ 12:00AM

NF Energy Saving Corporation Delivers US$300,000 Energy-Efficient Flow Control System to a Large Thermal Power Plant in Gansu Pr

NF Energy Saving Corp. (NASDAQ:NFEC)
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US GAAP revenue of US$300,000 to be recognized in Q4 2009 SHENYANG, China, Oct. 27 /PRNewswire-Asia/ -- NF Energy Saving Corporation (OTC Bulletin Board: NFEC; "NF Energy"), a Chinese leader in energy efficient flow control systems, today announced the Company has delivered twelve electric butterfly valves to a large thermal power plant in Gansu province. US GAAP revenue of US$300,000 is to be recognized in Q4 2009. This thermal power plant supplies heat to 5.4 million square meters of residence in Lanzhou city with design capacity of 2x110MW of generation capacity. Mr. Li Gang, Chairman and CEO of NF Energy, commented, "We are pleased to supply our energy-efficient flow control system to this important project in Gansu province. We will continue expanding and penetrating markets in the western area." About NF Energy Saving Corporation Website: NF Energy Saving Corporation (OTCBB: NFEC) is a China-based provider of integrated energy conservation solutions utilizing energy-saving equipment, technical services and energy management re-engineering project operations to provide energy saving services to clients. Headquartered in Shenyang city of China, the Company currently has 220 employees and several proprietary energy saving technologies and patents. Safe Harbor Statement This press release contains certain statements that may include "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipate," "optimistic," "intend," "will" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. For more information, please contact: American Capital Ventures Howard Gostfrand Tel: +1-305-918-7000 Email: Web: DATASOURCE: NF Energy Saving Corporation CONTACT: Howard Gostfrand, American Capital Ventures, +1-305-918-7000, Web site:


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