TTCM China Reports Backlog of Orders Worth $24.5 Million.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- TTCM TTCM The Texas Chainsaw Massacre (movie) TTCM Turbo Trellis Coded Modulation TTCM Telemetry, Tracking, Control & Monitoring China, Inc. (PINK SHEETS: TTCH TTCH Tennessee Technology Center at Hohenwald ), a leading producer and supplier of glass-reinforced plastic pipes, today announced that they have signed contracts through December 31st, 2005 totaling $24.5 million including:
-- SongHwa Jiang Water Plant, Dehui City,
JiLin Province: Project Value: $7.5 million
-- BeiHai City Water Project,
GuangXi Province Project Value: $2.9 million
-- Sewer Project, GuangJhou City,
GuangDong Province Project Value: $8.7 million
-- WenJhou City Flood Control Project,
ZheJiang Province Project Value: $3.7 million
-- DanDong City Flood Control Project,
LiaNing Province Project Value: $1.7 million
Earlier this month, TTCM China announced it had already signed $1.8 million in new contracts for 2006. Mr. Jiqun Wang (Wang Laboratories, Inc., Lowell, MA) A computer services and network integration company. Wang was one of the major early contributors to the computing industry from its founder's invention that made core memory possible, to leadership in desktop calculators and word processors. , Founder and Chairman of TTCM China, said, "2005 has been a record year for TTCM China in terms of the number of contracts signed. There is growing demand for our pipes in China, particularly to provide water to rapidly growing areas and for flood control systems. Because our pipes are more lightweight and cost efficient, they are suitable for large-scale projects. We expect to see growing momentum in 2006 to meet the tremendous demand for clean water delivery and flood control systems in China". 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 resin, any of a class of amorphous solids or semisolids. Resins are found in nature and are chiefly of vegetable origin. They are typically light yellow to dark brown in color; tasteless; odorless or faintly aromatic; translucent or transparent; brittle, fracturing used in the production process and at the same time raises the product compactness, strength and infiltration infiltration /in·fil·tra·tion/ (in?fil-tra´shun) 1. the pathological diffusion or accumulation in a tissue or cells of substances not normal to it or in amounts in excess of the normal. 2. infiltrate (2). 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 and for flood control. For more information, visit http://www.ttcmchina.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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