BEIJING, July 17, 2013 /PRNewswire/ -- 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 the Company's
U.S. subsidiary has been awarded a Basic Engineering Contract by
Saudi International Petrochemical Company to design a Zero Liquid
Discharge System for a waste water treatment plant. The contract is
valued at approximately $545
thousand. A Detailed Engineering Contract is a contingent
upon completion of the basic engineering.
Tri-Tech's CFO Phil Fan
commented, "Securing this contract is a testament to our experience
designing Zero Liquid Discharge systems using mechanical vapor
compression technology. Securing this contract demonstrates a
positive step in realigning the Company's business focus."
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
http://www.tri-tech.cn/ir. To subscribe to future releases via
e-mail alert, visit http://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 Saudi project related referenced herein or the
competition for future contracts related thereto and other
statements concerning plans, objectives, goals, strategies, future
events such as project payments, results of marketing efforts or
performance, future government initiatives, expected actions by
third parties 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:
Tri-Tech Holding Inc.
www.tri-tech.cn
IR Department
+86 10 57323666
ir@tri-tech.cn
SOURCE Tri-Tech Holding Inc.