TTCM China Announces Strategic Acquisition of IC-Based Smart Card Water-Meter Business

* Reuters is not responsible for the content in this press release.

Tue Jan 22, 2008 9:00am EST

TIANJIN, China--(Business Wire)--TTCM China, Inc. (Pink Sheets:TTCH), a leading producer and
supplier of glass-reinforced fiber plastic pipes, today announced the
acquisition of ShiJiaZhuang HuaTeng Technology Company who is engaged
in the design and manufacturing of IC-based smart card water-meters as
a strategic acquisition related to the water supply industry.

   The Company is expected to complete the audit and evaluation of
the IC-based smart card water-meter company within this month. The
acquired company has the annual production capacity of 300,000 units
of such high-technology water-meters.

   Mr. Jiqun Wang, Founder and Chairman of TTCM China, said, "TTCM is
embarking on the strategic acquisition program and this is the first
of such acquisition related to the Company's water supply business. We
expect the growing demand for clean water delivery, flood control
systems and water related business in China to continue to drive
demand for our products in 2008 and beyond".

   About TTCM China, Inc.

   TTCM China, founded in 1995 and based in Tianjin China, is a
leading producer of glass-reinforced composite plastic products
including regular and high-pressure pipes, fittings related to the
water supply and sewerage systems. In cooperation with the Harbin
Industry University, TTCM developed an advanced technology employing
micro-emulsification, which enables a reduction of the amount of resin
used in the production process and at the same time raises the product
compactness, strength and infiltration quality. These procedures make
TTCM's glass-reinforced plastic pipes superior in strength to plastic
pipes while they only weigh one-fourth the weight of regular steel
pipes.

   The company is in negotiations with a several provincial and
municipal government agencies and private companies concerning the
requirements of pipes for water supply systems, sewerage systems and
flood control systems.

   For more information, visit http://www.ttcmchina.com.

   Safe Harbor Forward-Looking Statements

   Except for historical information contained herein, the statements
in this release are forward-looking statements that are made pursuant
to the safe harbor provision of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve known and
unknown risks and uncertainties that may cause the companies' actual
results in future periods to differ materially from forecasted
results. Such risks and uncertainties include, but are not limited to,
force d majeure, customers' financial conditions, general market and
economic conditions, competitive factors, the ability to successfully
complete additional financings, shipping and other risks associated
with the operation in China where certain governmental economic or
political situation/polices might adversely affect outcome of the
envisioned business.

TTCM China, Inc.
Won-Gil Choe, 650-960-1155 or 650-960-3311
Fax: 650-960-1133

Copyright Business Wire 2008
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