SOURCE: AbTech Holdings, Inc.

January 27, 2011 10:48 ET

AbTech Industries Welcomes Jonathan Thatcher as Chief Operating Officer

SCOTTSDALE, AZ--(Marketwire - January 27, 2011) - Abtech Holdings, Inc. (OTCBB: ABHD) is pleased to announce the appointment of Jonathan Thatcher, former Director and President of Exeter Life Sciences, Inc., as the new Chief Operating Officer of AbTech Industries, Inc. ("AbTech"). As C.O.O., Thatcher will be responsible for AbTech's day-to-day operations, financial planning and management. Additionally, he will support strategic planning and participate in acquisition and growth opportunities to support AbTech's overall business objectives.

"Jonathan brings with him a rich background in environmental technology coupled with the business and financial management expertise needed to support AbTech's continued growth," said AbTech founder and C.E.O., Glenn R. Rink. "We have reached a critical point in the evolution of our company and we are confident that Jonathan will guide our growth successfully to the next level."

Mr. Thatcher served at Exeter Life Sciences, Inc., "Exeter" for more than 12 years. During his tenure he served as Chairman of Arcadia Biosciences, Inc., an innovative plant biotechnology firm focused in nitrogen use efficiency, water use efficiency, and salinity tolerance, co-founded Kronos -- The Optimal Health Company focused on preventative healthcare, and served as Chairman of ViaGen, Inc., an animal biotechnology company focused on commercializing somatic cell nuclear transfer methods. He also, held the position of Chairman and Interim President of Start Licensing, Inc., an intellectual property licensing company focused on out-licensing of patents initiated by Roslin Institute related to cloning "Dolly" the sheep. While at Exeter, Mr. Thatcher also served as a Director of One Touch Systems, Inc. 

"AbTech is at an exciting juncture as stormwater treatment is gaining national priority, markets in produced water related to oil and gas exploration and production are emerging, and opportunities within the industrial processed water treatment market have been identified," said Thatcher. "With well understood capabilities to treat the contaminated water for reuse or discharge, I look forward to the challenge to bring innovative applications to an expanding base."

About AbTech Industries, Inc.
AbTech Industries has been a privately held company since its founding over a decade ago as a startup R&D venture. AbTech Industries' operations have been funded by over $20 million invested to-date. Its patented Smart Sponge® technology is a unique and innovative chemically selective polymer technology capable of removing hydrocarbons, sediment and other foreign elements from still (ponds, lakes and marinas) or flowing water (curbside drains, pipe outflows, rivers and oceans). The product is installed in over 15,000 locations across America and in 8 foreign countries. AbTech Industries is currently working on a variety of efforts to deploy its technology throughout the US public sector and DOD markets. For more information please visit: www.abtechindustries.com.

About Abtech Holdings, Inc. (OTCBB: ABHD)
Details about the pending merger transaction between ABHD (" the Company") and AbTech and about the Company's business, finances, appointments and agreements can be found as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

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