Tri-Tech Holding Announces $1M in Remote Monitoring System Upgrade Work
at 16 Sewage Pumping Stations in Tianjin, China
Copyright 2010 PR Newswire. All Rights Reserved 2009-12-01
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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This press release 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: tritech@hawkassociates.com
SOURCE Tri-Tech Holding Inc.
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