China Industrial Waste Management's Dalian Sludge Treatment Facility Featured on CCTV

DALIAN, China , Jan. 4 /PRNewswire-Asia/ -- China Industrial Waste Management, Inc. (OTC Bulletin Board: CIWT) ("China Industrial Waste Management" or the "Company"), a leading environmental services and solutions provider in China , announced today that its Dalian Sludge Treatment Facility was featured on the China Central Television (CCTV) English Channel on December 20, 2009 .

The CCTV story covered how the clean coastal city of Dalian is helping fulfill the PRC government's pledge to reduce greenhouse gas emissions by treating sludge through China Industrial Waste Management's local Dalian Sludge Treatment Facility. The story was broadcasted during the recent United Nations Climate Change Conference in Copenhagen, Denmark .

Mr. Jinqing Dong , Chief Executive Officer of China Industrial Waste Management, was interviewed as part of the CCTV story. He discussed how the Dalian Sludge Treatment Facility functions to reduce greenhouse gas emissions and recycles biogas from sludge treatment.

"We are pleased that CCTV recognized the important role our Company's Dalian Sludge Treatment Facility is playing in reducing greenhouse gas emissions in the city of Dalian ," said Mr. Dong. "This facility began operations in December 2009 , and we expect its utilization rate to accelerate in the second half of 2010 as growing demand will come from sewage treatment plants which are under construction in Dalian . In the mean time, we are utilizing this facility to process the sludge from the area surrounding Dalian City as we have an agreement with the local authority."

A replay of the CCTV story can be found on Dalian Lipp Environment Energy Engineering Technology Co., Ltd., the Company subsidiary's homepage at http://www.lipp-system.cn/english/index.asp or on the CCTV website at http://english.cctv.com/program/newshour/20091220/101991.shtml

About China Industrial Waste Management, Inc.

China Industrial Waste Management, Inc. is engaged in the collection, treatment, disposal and recycling of industrial wastes principally in Dalian and surrounding areas in Liaoning Province , People's Republic of China through its 90%-owned subsidiary Dalian Dongtai Industrial Waste Treatment Co., Ltd. ("Dongtai") and other indirect subsidiaries. Dongtai treats, disposes of and/or recycles many types of industrial wastes, and recycled waste products used by customers as raw material to produce chemical and metallurgy products. In addition, Dongtai treats or disposes of industrial waste through incineration, burial or water treatment, and provides environmental protection services, technology consultation, pollution treatment services, waste management design processing services, waste disposal solutions, waste transportation services, onsite waste management services, and environmental pollution remediation services. For more information, please visit the Company's website (http://www.chinaciwt.com ).

Cautionary Statement Regarding Forward-Looking Information

This release may include "forward-looking statements." You can identify these statements by the fact that they do not relate strictly to historical or current facts. These statements contain such words as "may," "project," "might," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or the negative or other variations thereof or comparable terminology. These forward-looking statements are based on current expectations and projections about future events. Investors are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified and, consequently, our actual performance may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors, as well as other factors described from time to time in our reports filed with the Securities and Exchange Commission: the timing and magnitude of technological advances; the prospects for future acquisitions; the effects of political, economic and social uncertainties regarding the governmental, economic and political circumstances in the People's Republic of China , the possibility that a current customer could be acquired or otherwise be affected by a future event that would diminish their waste management requirements; the competition in the waste management industry and the impact of such competition on pricing, revenues and margins; uncertainties surrounding budget reductions or changes in funding priorities of existing government programs and the cost of attracting and retaining highly skilled personnel; our projected sales, profitability, and cash flows; our growth strategies; anticipated trends in our industries; our future financing plans; and our anticipated needs for working capital. Forward-looking statements speak only as of the date on which they are made, and, except to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.

    For more information, please contact:

    Company Contact:
     Ms. Guo Xin, CFO
     Phone: +86-411-8581-1229
     Email: [email protected]
     Mr. Zhang Dazhi, Company Secretary
     Phone: +86-411-8259-5339
     Email: [email protected]
     Web:   http://www.chinaciwt.com

    CCG Investor Relations:
     Mr. Athan Dounis, Account Manager
     Phone: +1-646-213-1916
     Email: [email protected]
     Mr. Crocker Coulson, President
     Phone: +1-646-213-1915 (New York)
     Email: [email protected]
     Web:   http://www.ccgirasia.com

SOURCE China Industrial Waste Management, Inc.