Tri-Tech Holding Announces $1M in Remote Monitoring System Upgrade Work at 16 Sewage Pumping Stations in Tianjin, China
December 01 2009 - 8:00AM
PR Newswire (US)
BEIJING, Dec. 1 /PRNewswire-Asia-FirstCall/ -- Tri-Tech Holding
Inc. (NASDAQ:TRIT), a premier Chinese company that engineers,
manages and monitors municipal sewer systems, natural waterways and
other water resources, announced today that it has received
approximately $1 million in automatic control system upgrade work
for a total of 16 sewage pumping stations located in two economic
development zones in Tianjin, China: (i) seven pumping stations in
the Western Tianjin Economic Development Area (TEDA) and (ii) nine
pumping stations in the Tianjin Airport International Logistics
Zone (TAILZ). For the Tianjin Economic Development Area (TEDA)
contract, Tri-Tech will procure and install equipment for the
Supervisory Control and Data Acquisition System (SCADA), data
transmission system and monitoring system, field equipment, and
large screen display system. With the new system, Tri-Tech will
integrate into the existing system, meeting all specifications of
the new remote monitoring systems. Tri-Tech expects to complete
this project by the end of March 2010. For the completed Tianjin
Airport International Logistics Zone (TAILZ) project, which
commenced in June of this year, Tri-Tech procured equipment for the
automatic control system, instrumentation system, remote television
monitoring system, and the real-time data relay system using China
Mobile's 3G wireless network. In addition, Tri-Tech conducted
equipment installation, system commissioning, operator training
service and optimization of the automation system. All the remote
monitoring systems for these 16 sewage pumping stations are
designed to be extensible for new pumping station automatic control
systems to be added. Tri-Tech CEO Warren Zhao said, "We are excited
to win the 7-pumping-station auto-control system upgrade contract
immediately following the completion of the 9-pumping-station
project. The nine pumping stations in Tianjin Airport International
Logistics Zone were the first batch of stations to use an advanced
3G network for data communication in China. This network control
and operational scheduling improves management and maintenance of
sewerage networks, decreases the inefficiency of manual control,
and cuts wastewater treatment costs resulting from a redundant
workforce and high energy consumption." "With the rapid economic
growth of these two zones and China's increasing investment in
environmental infrastructure and construction retrofitting,
Tri-Tech is showcasing our competitive advantages to target
additional business opportunities in this sector," Zhao said. 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. Tri-tech owns seven
software copyrights and two technological patents and employs 108
people. Please visit http://www.tri-tech.cn/ for more information.
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contains forward-looking statements as defined by the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements include 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, 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: Investors Contact: Susan Zhou Hawk Associates Tel:
+1-305-451-1888 Email: DATASOURCE: Tri-Tech Holding Inc. CONTACT:
Investors, Susan Zhou of Hawk Associates, +1-305-451-1888, Web
site: http://www.tri-tech.cn/
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