Tri-Tech Holding (TRIT) Announces $1.72 Million in Contracts for Flash Flood Early Warning in China
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Tri-Tech Holding Inc. (Nasdaq: TRIT) announced today that its subsidiary, Beijing Yanyu Water Tech Co. Ltd. (Yanyu), has been awarded contracts for flash flood early warning projects in ten counties and cities across Fujian, Jilin, Hubei, Sichuan and Shanxi provinces. The projects are valued at RMB 10.9 million or $1.72 million.
According to the contracts, the company will establish flash flood monitoring and forecasting systems in five counties in Fujian Province, two counties in Sichuan Province and three total counties and cities spread across Jilin, Hubei and Shanxi provinces. Each system includes an information collection sub-system, an early warning sub-system and an information dissemination platform. The project involves production or procurement of equipment, software development, integration and installation of the system and after-sales service. These projects should be completed at different points in time from late December 2011 to March 2012.
According to the contracts, the company will establish flash flood monitoring and forecasting systems in five counties in Fujian Province, two counties in Sichuan Province and three total counties and cities spread across Jilin, Hubei and Shanxi provinces. Each system includes an information collection sub-system, an early warning sub-system and an information dissemination platform. The project involves production or procurement of equipment, software development, integration and installation of the system and after-sales service. These projects should be completed at different points in time from late December 2011 to March 2012.
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