China Architectural Engineering Listed on the American Stock Exchange.Trading Initiated Today Under Ticker Symbol "RCH" ZHUHAI, China -- China Architectural Engineering, Inc. (AMEX:RCH), today announced that its common stock has been approved for listing on the American Stock Exchange ("Amex"). The Company's common stock commenced trading on the Amex today, Friday, September 28, 2007, under the symbol "RCH." "The approval of our shares for listing on the American Stock Exchange is an important milestone in the growth of our Company," said Ken Yi Luo, China Architectural Engineering's Chairman and CEO. "We believe that a U.S. national exchange listing may provide China Architectural Engineering with a number of benefits, including increased visibility in the financial community and a larger potential investor base, as we strive to continue to grow our business within and beyond China," concluded Mr. Luo. About China Architectural Engineering, Inc. China Architectural Engineering (CAE), which began operations in 1992, specializes in the design, engineering and installation of high-end specialty curtain wall systems, including glass curtain walls, stone curtain walls, metal curtain walls, roofing systems, and related products, for public works projects and commercial real estate. CAE has designed and installed nearly one hundred projects throughout China, including the National Grand Theater, Exhibition Conservatory of Beijing Botanical Garden, The COSCO Tower at Changlian Avenue Beijing, and the Wumen Exhibition Hall in Beijing's Forbidden City, and a number of commercial structures in Southeast Asia. For further information on China Architectural Engineering please visit www.caebuilding.com. Safe Harbor Statement In addition to historical information, the statements set forth above include forward-looking statements (including, without limitation, statements concerning the commencement of trading on the American Stock Exchange, the potential benefits of a U.S. national exchange listing, the Company's growth in China and global expansion, the Company's visibility in the financial community and the Company's compliance with the listing standards of the American Stock Exchange) that involve risk and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking statements are also identified through use of the words "believe," "enable," "may," "will," "could," "intends," "estimate," "anticipate," "plan," "predict," "probable," "potential," "possible," "should," "continue," and other words of similar meaning. Actual results could differ materially from the expectations contained in forward-looking statements as a result of several factors, including regulatory approval requirements and competitive conditions. These and other factors that may result in differences are discussed in greater detail in the company's reports on Forms 10-K, 10-Q and other filings with the Securities and Exchange Commission. |
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