SOURCE: TTCM China, Inc.

October 12, 2006 09:20 ET

TTCM China Reports Booking of Largest Ever Order Worth $12.9 Million

MOUNTAIN VIEW, CA -- (MARKET WIRE) -- October 12, 2006 -- TTCM China, Inc. (PINKSHEETS: TTCH), a leading producer and supplier of glass-reinforced plastic pipes, today announced that they have signed a contract with Liao Ning Water Reservoir and Water Supply Company's Phase 2 project in Liao Ning Province.

The contract calls for approximately 31 miles of glass-reinforced fiber plastic pipes 4.6 feet in diameter for the Water Supply Department of Liao Ning Province. The contract is worth an estimated $12.9 million (102,000,000 RMB).

Delivery will start in November 2006 and will be completed by March of 2008.

Mr. Jiqun Wang, Founder and Chairman of TTCM China, said, "This contract is the largest single contract the company has ever had, and once again it proves that there is growing demand for our pipes in China, particularly to provide water to rapidly growing areas as well as the flood control systems. Because our pipes are more lightweight and cost efficient, they are suitable for large-scale projects such as this one in Liao Ning Province in the Northeast of China where many heavy industries are concentrated. We expect to see growing momentum in 2007 and into 2008 to meet the tremendous demand for clean water delivery and flood control systems in China."

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About TTCM China, Inc.

TTCM China, founded in 1995 and based in Tianjin China, is a leading producer of glass-reinforced composite plastic products including regular and high-pressure pipes, fittings, round containers, cooling towers and fans. In addition to its headquarters in Tianjin, the Company has marketing offices in Hebei and Sichuan. In cooperation with the Harbin Industry University, TTCM developed an advanced technology employing micro-emulsification, which enables a reduction of the amount of resin used in the production process and at the same time raises the product compactness, strength and infiltration quality. These procedures make TTCM's glass-reinforced plastic pipes superior in strength to plastic pipes while they only weigh one-fourth the weight of regular steel pipes. The company is in negotiations with provincial and municipal government agencies and private companies concerning the provision of pipes for water supply systems.

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Safe Harbor Forward-Looking Statements

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks associated with the operation in China where certain economic or political situation might adversely affect the outcome of the envisioned business.

Contact Information

  • Contact:

    TTCM China, Inc.
    2680 Bayshore Pkwy, Suite 307
    Mountain View, CA 94043
    Tel: 650 960 3311
    650 960 1155
    Fax: 650 960 1133

    Investor Relations:
    InvestSource Communications Inc.
    Tel: 866 427 2196
    Fax: 949 209 8699