XI'AN, China, March 12 /PRNewswire-Asia-FirstCall/ -- China Recycling
Energy Corp. (OTC Bulletin Board: CREG; "CREG" or "the Company"), a leading
industrial waste-to-energy solution provider in China, today announced it will
participate in two financial conferences in March, 2010. The management team of
CREG will be presenting at both conferences.
-- ROTH Capital 22nd Annual OC Growth Stock Conference, 15th-17th, in
Laguna Niguel, CA
Where: Ritz Carlton Laguna Niguel
When: Tuesday, March 16th
Time: 12:30PM PDT at Track 4
-- Jeffries 9th Annual Clean Tech Conference, 16th-17th, in New York, NY
Where: Mandarin Oriental
When: Wednesday, March 17th
Time: 4PM EDT at Track C
The management team will be available for one-on-one meeting with
investors. Please contact the sale representatives of Roth Capital Partners
and Jefferies & Company, Inc. for information.
About China Recycling Energy Corp.
China Recycling Energy Corp. (OTCBB: CREG.OB; "CREG" or "the Company") is
based in Xi'an, China and provides environmentally friendly waste-to-energy
technologies to recycle industrial byproducts for steel mills, cement
factories and coke plants in China. Byproducts include heat, steam, pressure,
and exhaust to generate large amounts of lower-cost electricity and reduce the
need for outside electrical sources. The Chinese government has adopted
policies to encourage the use of recycling technologies to optimize resource
allocation and reduce pollution. Currently, recycled energy represents only an
estimated 1% of total energy consumption and this renewable energy resource is
viewed as a growth market due to intensified environmental concerns and rising
energy costs as the Chinese economy continues to expand. The management and
engineering teams have over 20 years of experience in industrial energy
recovery in China.
For more information about CREG, please visit http://www.creg-cn.com .
Safe Harbor Statement
This press release may contain certain "forward-looking statements"
relating to the business of China Recycling Energy Corp. and its subsidiary
companies. All statements, other than statements of historical fact included
herein are "forward-looking statements." These forward-looking statements are
often identified by the use of forward-looking terminology such as "believes,"
"expects" or similar expressions, involve known and unknown risks and
uncertainties. Although the Company believes that the expectations reflected
in these forward-looking statements are reasonable, they do involve
assumptions, risks and uncertainties, and these expectations may prove to be
incorrect. Investors should not place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. The
Company's actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of factors,
including those discussed in the Company's periodic reports that are filed
with the Securities and Exchange Commission and available on its website at
http://www.sec.gov . All forward-looking statements attributable to the
Company or persons acting on its behalf are expressly qualified in their
entirety by these factors. Other than as required under the securities laws,
the Company does not assume a duty to update these forward-looking statements.
For more information, please contact:
In China:
Mr. Leo Wu
Investor Relations
China Recycling Energy Corp.
Tel: +86-29-8765-1097
Email: tch@creg-cn.com
In USA:
Mr. Howard Gostfrand
American Capital Ventures, Inc.
Tel: +1-305-918-7000
Email: hg@amcapventures.com
SOURCE China Recycling Energy Corp.
