Startech Environmental Accepts Investment Closing Date For Early February

Jan 28, 2010, 14:37 ET from Startech Environmental Corp.

WILTON, Conn., Jan. 28 /PRNewswire-FirstCall/ -- Startech Environmental Corp. (OTC Bulletin Board: STHK), a fully reporting, Award-winning Environment and Energy Company today announced that on January 23, 2010, the Company received a written request from its potential Investor to agree to the Investment Closing Date of February 4, 2010, and the Company also announced that it has informed the Investor that it has accepted that Closing Date.

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Safe Harbor for Forward-Looking  Statements

This news release contains forward-looking statements, including statements regarding the Company's plans and expectations regarding  the development and commercialization of its Plasma Converter™ technology.   All forward-looking statements are subject to risk and uncertainties that could  cause actual results to differ materially from those projected. The Company cannot provide any assurance that it will be  able to complete any potential financing by February 4, 2010 on terms that are  favorable to the Company.  If the Company raises additional funds by  issuing equity securities or any securities convertible into equity, the Company expects that its shareholders will experience dilution of their shareholdings.  If the Company is unable to obtain financing by February 4, 2010, or shortly  thereafter, the Company will have to cease operations.

Factors that could cause such a difference include, without  limitation, failure of the Investor to obtain appropriate financing for the  project, general risks associated with product development, manufacturing, rapid  technological change and competition as well as other risks set forth in the Company's filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak only as of the date of this  press release. The Company expressly disclaims any obligation or undertaking to  release publicly any updates or revisions to any such statement to reflect any  change in the Company's expectations or any change in events, conditions or  circumstances on which any such statement is based.

SOURCE Startech Environmental Corp.