Tri-Tech Holding Won Multiple Contracts in Second Quarter of 2013

      Tri-Tech Holding Won Multiple Contracts in Second Quarter of 2013

PR Newswire

BEIJING, Aug. 6, 2013

BEIJING, Aug. 6, 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 it has secured multiple contracts during the second quarter of 2013 in
all three reported business segments. The total value for the awarded
contracts was approximately $6.48 million (RMB 40.1 million).

(Logo: http://photos.prnewswire.com/prnh/20100603/CNTH016LOGO )

Reported Business Segment    Services & Delivery               Aggregate Value
                                                               of Contracts
                             Design, System Integration,
Water Resource Management    Equipment Sales.                  $1.16 million
System & Engineering
                             Delivery expected in Q3, 2013
                             Design, System Integration,
Water, Wastewater Treatment  Installation & Troubleshooting.   $1.19 million
& Municipal Infrastructure
                             Delivery expected in Q3, 2013
                             Design, System Integration,
Industrial Pollution         Installation & Troubleshooting.
Control and Safety                                             $4.13 million
                             Delivery expected in Q3 and Q4,
                             2013
Total                                                          $6.48 million

CFO Phil Fan commented, "The numbers reflect our cautious project selection:
we avoided slow-paying, capital-intensive Municipal Water and Wastewater
sector projects and potentially lucrative speculative agreements with
unfavorable payment terms. We believe that the agreements we did sign, while
not without risk, will build a foundation for steady performance. Being
rigorous in project selection is our best defense against our cash flow
pressures and China's mounting municipality debt issues. Moving forward, we
will continue to seek projects that provide benefits for our company and
shareholders without jeopardizing our business."

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 projects 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.

Website: http://www.Tri-Tech.cn
 
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