SOURCE: TTCM China, Inc.

November 13, 2006 09:20 ET

TTCM China Expanding Into GwangXi and FuJian Provinces

MOUNTAIN VIEW, CA -- (MARKET WIRE) -- November 13, 2006 -- TTCM China, Inc. (PINKSHEETS: TTCH), a leading producer and supplier of glass-reinforced fiber plastic pipes, today announced they are negotiating contracts in excess of $12 million with water resource companies in the GwangXi and FuJian Provinces of China. These latest negotiations follow closely after the recent announcement from the company that it booked its largest ever order of $12.9 million in October, 2006 with the Liao Ning Water Reservoir and Water Supply. Pending what the company hopes will be a successful resolution to these latest negotiations, TTCM China anticipates adding to its backlog of orders that at the beginning of the year were in excess of $24.5 million, and has grown substantially in 2006.

The Company is advancing its business model, expanding into new regions, cultivating new relationships, and developing new markets for its products, particularly in the southern and southeastern regions of China where economic growth is on an even more rapid pace than the rest of the country. The current negotiations are with companies in the GwangXi province, with a population of 49 million, across from HaiNan Island, and in the FuJian Province, with a population of 35 million across from Taiwan. The tremendous population pressures, exacerbated by sustained economic growth and industrialization, have strained the infrastructure of the country, and these conditions are even more pronounced in the southern and southeastern provinces.

Mr. Jiqun Wang, Founder and Chairman of TTCM China, said, "The strategy of the Company is to move forward, expanding business in the southern and southeastern regions where the economic growth is even faster than the rest of the country. Once again it demonstrates clearly that there is growing demand for our high technology 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 project such as those in the GwangXI and FuJian Provinces. 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."

For a video presentation of the company's operation, products and facilities, visit: http://www.investsourceinc.com/php/viewclient.php?id=109.

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 has 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.

For more information, visit http://www.ttcmchina.com.

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.
    http://www.InvestSourceInc.com
    Tel: 866 427 2196
    Fax: 949 209 8699