Union Strength to Assist China Industrial Waste Management, Inc. in Sarbanes- Oxley...

Union Strength to Assist China Industrial Waste Management, Inc. in Sarbanes-
Oxley Compliance Efforts

DALIAN, China, April 29 /PRNewswire-Asia/ -- China Industrial Waste
Management, Inc. (OTC Bulletin Board: CIWT), a PRC-based industrial waste
processor and provider of environmental protection, pollution treatment and
waste management design, announced today that it has engaged Shanghai Union
Strength Business Consulting Co., Ltd. ("Union Strength"), to provide certain
financial consulting services including assisting the Company with its
compliance with Section 404 of the Sarbanes-Oxley Act of 2002 ("SOX").
Under the agreement, Union Strength will provide, among other things, SOX
compliance consulting services to CIWT, such as assisting the Company in the
documentation of its internal controls over financial reporting and
disclosure,
providing recommendations for improvement, and training Company management on
the requirements of the SOX.
"We are pleased to announce the engagement of Union Strength in our
efforts to reach compliance with SOX," Mr. Jinqing Dong, Chairman and CEO of
China Industrial Waste Management, commented. "We are committed to improving
our disclosure controls and practices and providing our shareholders with
higher quality financial reporting. Improved internal controls should also
enable our company to continue to strengthen its operations and business
practices."
About Union Strength
Founded in July 2002, Shanghai Union Strength Business Consulting Co. is
dedicated to business leaders who are aiming to maximize the value of China
economic pattern and to upgrade its accountability. Its major services include
Financial Advisory, Risk Management and Corporate Finance. Union Strength is
the first independent IPO Advisory and Risk Management consulting firm in
China that has successful experience with listing at NYSE, Amex, Nasdaq, HKEX
and SGX. Union Strength is China's first independent SOA compliance consulting
firm, ever since 2002 upon the inaction of Sarbanes Oxley Act. In Addition, it
is the publisher of the first SOA compliance manual in Chinese. It has
extensive experience in internal control and has accomplished nearly 50
successful SOX compliance cases in China. For more information about Union
Strength, please visit http://www.unionstrength.com.cn .
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 waste 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 about China Industrial
Waste Management, Inc., please visit 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:

Ms. Guo Xin, CFO
Tel: +86-411-8581-1229
Email: hellenguo@chinaciwt.com

Mr. Zhang Dazhi, Company Secretary
Tel: +86-411-8259-5339
Email: darcy.zhang@chinaciwt.com
Web: http://www.chinaciwt.com

Investors Contact:

Mr. Matthew Hayden, HC International
Tel: +1-561-245-5155
Email: matt.hayden@hcinternational.net
Web: http://www.hcinternational.net

SOURCE China Industrial Waste Management, Inc.

Ms. Guo Xin, CFO at +86-411-8581-1229 or hellenguo@chinaciwt.com; Zhang Dazhi,
Company Secretary at +86-411-8259-5339 or darcy.zhang@chinaciwt.com; Investors
Contact: Matthew Hayden, HC International at +1-561-245-5155 or
matt.hayden@hcinternational.net