SOURCE: TTCM China, Inc.

January 08, 2007 09:22 ET

TTCM China Reports Booking and Work-in-Process of Largest Order Worth $15.4 Million

MOUNTAIN VIEW, CA -- (MARKET WIRE) -- January 8, 2007 -- TTCM China, Inc. (PINKSHEETS: TTCH), a leading producer and supplier of glass-reinforced plastic pipes, today announced that they have signed a contract worth $15.4 million with Dong-Wan City, Yue-Dong, GuangDong Province, and that the project is in a "work-in-progress" phase. The contract is a part of the company's southern strategy to penetrate the market place in the fastest growing southern regions of China, including the Guang Dong Province surrounding Hong Kong.

Mr. Jiqun Wang, Founder and Chairman of TTCM China, said, "It is the strategy of the Company to move forward in expanding its business in the southern and southeastern regions of China where the economic growth is even faster than the rest of the country. The contract is the largest contract in the company's history. 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 flood control systems. Because our pipes are more lightweight and cost efficient than other conventional types, they are suitable for large-scale projects such as this one in Guang Dong Province in south China where many heavy industries are concentrated.

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 and related fittings. 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.

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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 company's 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 situations 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 1155
    650 960 3311
    Fax 650 960 1133