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  • Tri-Tech Holding Inc. (TRIT) Secures $1.87M CCTV Production Security Project for New Petroleum Industrial Park in Shaanxi 0 comments
    Sep 29, 2011 1:44 PM | about stocks: TRIT
    Tri-Tech Holding, long known as a leading developer of sophisticated turn-key sewage treatment/odor control solutions for some of China’s top municipalities/cities and wielder of an impressive portfolio of intellectual property (2 patents, 27 software copyrights to date), announced that affiliate Beijing Satellite Science & Technology Co., Ltd. (BSST) has secured a $1.87M public bid with the Yanchang Petroleum Group to provide operational/security TV monitoring at a new industrial park in Shaanxi.

    The Jingbian Energy and Chemical Industrial Park in Jingbian County, currently under development by Yanchang, will be comprised of a total of six petroleum refining/post-processing plants, collectively capable of yielding million of tons per year of high-value intermediate petroleum products.

    TRIT affiliate BSST has been tasked with the essential mission of providing comprehensive CCTV infrastructure, in order to ensure that production security is maintained. The approach outlined by BSST will take the form of a two-pronged systems implementation, with one prong handling production/operational concerns and the other covering perimeter security.

    A huge job and a huge boon for BSST, who will provide everything from the design, to materials and implementation/operator commissioning, leveraging the Company’s vast experience in system integration and project installations to deliver by a projected completion date of May, 2013.

    CEO of TRIT, Warren Zhao, applauding this second production safety project secured by BSST through Yanchang, spoke of the exemplary progress made thus far with the initial Yanchang project, asserting that the work prompted Yanchang to engage BSST for additional help. Zhao noted that the initial Yanchang project was on schedule for Oct. 2011 completion and pointed to a broadening international focus at TRIT, briefly mentioning ongoing industrial wastewater treatment opportunities being pursued in North America via their Wisconsin-based, J&Y Water Division.

    Zhao also pointed to ongoing business development efforts in the Middle East and India, assuring investors that the Company would offer timely press releases concerning prevailing developments with such active bids.

    President of TRIT, Gavin Cheng, echoed his colleague’s sentiments roundly and went into greater detail on the industrial CCTV system to be utilized, highlighting in particular the powerful fusion of long range imaging technology and environmental sensors. Cheng underscored the operational benefits of such a system that can detect equipment malfunctions in order to prevent accidents, as well as monitoring production continuously, enabling spills or leakages to be identified and handle if they do occur before the situation gets any worse. Cheng emphasized the importance of such a system to the overall secure operation and performance of the industrial park, and pledged to maintain strict oversight.

    For more information on the project, or to find out more about Tri-Tech Holding Inc., please visit the Company’s website at: Tri-Tech.cn

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    Stocks: TRIT
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