BEIJING, March 27, 2012 /PRNewswire-Asia-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 its subsidiary, Tri-Tech Infrastructure LLC ("Tri-Tech U.S."), was awarded a contract from Ambbio, a Mexican water company, to provide a pre-concentrator Mechanical Vapor Compression (MVC) evaporator system and final MVC concentrator for a Mexican steel plant located in Monterrey, Mexico is one of customers of Ambbio who is providing other water processing equipment like Reverse Osmosis (RO) and Ultra-Filtration (UF) systems to the plant. The contract is valued at $3.63 million.
The concentrator unit will concentrate all of the treated water from the RO units to produce pure distillate that can be reused as process water and concentrate the reject water from our unit to zero liquid discharge. The evaporator unit is used to eliminate the discharge of any liquid from the steel making plant. Under the terms of the contract, Tri-Tech U.S. will provide design, engineering, fabrication, supervision of installation, commissioning, performance testing and on-site training service. Tri-Tech U.S. expects to deliver the complete water processing unit by early April 2013.
Mr. Jim Schwartz, General Manager of J&Y Water Division of Tri-Tech U.S. said, "We were confident with our unique technologies while we competed with several global water players for the project. The water treatment unit we will provide to the steel works will use our customized, energy efficient MVC concentrator and evaporator system designs."Mr. Phil Fan, President of Tri-Tech Holding, Inc. commented, "We are pleased with our first zero liquid discharge unit contract for industrial water treatment in Mexico. Mexico is a brand new market for us. Our successful contract bid fits our strategy of business development in overseas markets perfectly as we emphasize marketing our technical specialties, such as zero liquid discharge for industrial wastewater treatment as well as seawater desalination. We will continue to improve our competitiveness in industrial sector technologies and products and plan to seek more such opportunities in North America and Asia." About Tri-Tech Holding Inc. Tri-Tech designs customized sewage treatment and odor control systems for municipalities and private sectors in China and international markets. 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 Chinese government in managing its water resources. The company is also moving into the industrial pollution control market. Tri-Tech owns 29 software copyrights and 11 technological patents, and employs 330 people. Please visit http://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 .
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