BEIJING, March 26, 2013 /PRNewswire-FirstCall/ – Tri-Tech
Holding Inc. (Nasdaq: TRIT), which provides turn-key water
resources management, water and wastewater treatment, industrial
safety and pollution control solutions, announced today that it has
secured multiple contracts during the first quarter of 2013 in all
three reported business segments. The total value for the awarded
contracts was approximately $9.56
million equivalent to RMB 60.2
million.
(Logo: http://photos.prnewswire.com/prnh/20100603/CNTH016LOGO)
Reported Business Segment
|
|
Services & Delivery
|
|
Aggregate Value of Contracts
|
Water
Resource Management System & Engineering
|
|
Design, System Integration, Equipment Sales.
Expected
to deliver in Q2, 2013
|
|
$3.44 M
|
Water, Wastewater Treatment & Municipal
Infrastructure
|
|
Design,
Production, Installation & Troubleshooting.
Expected
to deliver in Q2, 2013
|
|
$334 K
|
Industrial Pollution Control and Safety
|
|
Design,
System Integration, Installation & Troubleshooting.
Shall be
delivered from July through December, 2013
|
|
$5.79
M
|
Total
|
|
|
|
$9.56
M
|
Mr. Gavin Cheng, CEO of Tri-Tech
Holding Inc. said, "Given the volume and aggregate value of
contracts secured in the first quarter of 2013, we experienced a
productive quarter despite the holiday seasons. As this quarter's
new projects show, our recent corporate restructuring, undertaken
in order to focus our efforts on growth areas and control costs,
has not weakened our competitiveness in our industry."
About Tri-Tech Holding Inc.
Tri-Tech is an innovative provider of consulting, engineering,
procurement, construction and technical services. The Company
supports government, state owned entities and commercial clients by
providing efficiency oriented solutions focused on treatment of
water and waste water, management of water resources and
water-efficient irrigation, as well as industrial emission and
safety controls. With software copyrights, product patents, and
capable employees in China, the U.S. and India, Tri-Tech's
capabilities span the cycle of innovation. Please visit
www.tri-tech.cn for more information.
An online investor kit including a company profile,
presentations, press releases, current price quotes, stock charts
and other valuable information for investors is available at
www.tri-tech.cn/ir. To subscribe to future releases via e-mail
alert, visit www.tri-tech.cn/ir/info/request.
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 such
as project payments, results of marketing efforts 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.
Tri-Tech Holding Inc.
www.tri-tech.cn
IR Department
+86 10 57323666
ir@tri-tech.cn
SOURCE Tri-Tech Holding Inc.