China Energy Recovery Announces the Addition of a Fourth Independent Director

SHANGHAI, June 30 /PRNewswire-Asia/ --

-- Majority of the Board Consists of Independent Directors to Further
Strengthen Corporate Governance
-- Prepares the Company for a National Exchange Listing

China Energy Recovery, Inc. (OTC Bulletin Board: CGYV) (ISIN:
US16943V2060), a leader in the waste heat energy recovery sector of the
industrial energy efficiency industry, today announced that the Company has
appointed Mr. Ye Tian to the Board as the fourth independent director. The
Company has thus formed a Board with the majority members being independent
directors.
"We are very pleased to announce that another distinguished intellectual
and experienced business professional has joined our Board of Directors,"
commented Mr. Qinghuan Wu, Chairman of the Board, CEO and founder of China
Energy Recovery. "With his extensive experiences in high growth businesses and
investment management in both US and China, Mr. Tian will undoubtedly provide
valuable advice and help in guiding China Energy Recovery to further success.
Mr. Tian's joining our Board is part of a higher level initiative to further
strengthen our corporate governance and prepares us for the possible listing
on a national exchange such as NYSE Alternext or Nasdaq."
Mr. Tian will serve as the Chairman of the Company's Governance and
Nominating Committee, as well as a member of the Audit Committee and the
Compensation Committee.
Biography
Ye Tian - Director and Chairman of the Governance and Nominating Committee
Mr. Tian is currently the CEO of Back In Time Ltd. and its wholly-owned
subsidiary JOVI, a retail chain and lifestyle brand in China, the
non-executive Chairman of Ying Dong Media, a movie/TV production and
distribution company in China, and a General Partner of Media Plus, an
investment company located in Beijing and focusing on Asia. Prior to his
current work, from 2006 to 2007, Mr. Tian was a Director at Loeb Enterprises,
an incubation company in New York, and from 2003 to 2005, he was an Analyst at
Appian Corporation, a software company in Virginia. Mr. Tian holds a Bachelor
of Arts degree in Applied Mathematics from Harvard University.
What is Waste Heat Energy Recovery?
Industrial facilities release significant amounts of excess heat into the
atmosphere in the form of hot exhaust gases or high-pressure steam. Energy
recovery is the process of recovering vast amounts of that wasted energy and
converting it into usable heat energy or electricity, dramatically lowering
total energy costs. Energy recovery systems are also capable of capturing
harmful pollutants that would otherwise be released into the environment. It
is estimated that if energy currently wasted by all the U.S. industrial
facilities could be recovered, it could produce power equivalent to 20% of
U.S.
electricity generation capacity without burning any additional fossil fuel,
and could help many industries to meet stringent environmental regulations.
About China Energy Recovery, Inc.
CER is an international leader in designing, manufacturing and installing
waste heat energy recovery systems which provide facilities with greater
energy efficiency. The company's primary focus is on the Chinese market.
CER's technology captures industrial waste energy to produce low-cost
electrical power, enabling industrial manufacturers to reduce their energy
costs, shrink their emissions footprint, and generate sellable emissions
credits. CER has deployed its systems throughout China and in such
international markets as Egypt, Korea, Vietnam and Malaysia. CER focuses on
numerous industries in which a rapid payback on invested capital is achieved
by its customers, including: chemical, paper manufacturing, refining
(including methanol refining), etc. CER continues to invest in R&D and plans
to build China's first state-of-the-art energy recovery system research and
fabrication facility to allow it to meet the increased demand for its products
and services. For more information on CER, please visit:
http://www.chinaenergyrecovery.com/s/Home.asp . Information on CER's website
does not comprise a part of this press release.
Forward-Looking Statement Disclaimer
This press release includes "forward-looking statements" within the
meaning of the Securities Litigation Reform Act of 1995, as amended. All
statements, other than statements of historical fact, included in the press
release that address activities, events or developments that CER believes or
anticipates will or may occur in the future are forward-looking statements.
These statements are based on certain assumptions made based on experience,
expected future developments and other factors that CER believes are
appropriate under the circumstances. Such statements are subject to a number
of assumptions, risks and uncertainties, many of which are beyond the control
of CER and may not materialize, including, without limitation, the efficacy
and market acceptance of CER's products and services, CER's ability to execute
on its business plan and strategies and CER's ability to successfully complete
orders and collect revenues therefrom. Investors are cautioned that any such
statements are not guarantees of future performance. Actual results or
developments may differ materially from those projected in the forward-looking
statements as a result of many factors. Furthermore, CER does not intend (and
is not obligated) to update publicly any forward-looking statements, except as
required by law. The contents of this release should be considered in
conjunction with the warnings and cautionary statements contained in CER's
filings with the Securities and Exchange Commission, including CER's Annual
Report on Form 10-K filed with the Securities and Exchange Commission on March
30, 2009.
For more information, please contact:

Media
Sean Mahoney
Tel: +1-310-867-0670

Investor Relations
Jim Blackman
Tel: +1-713-256-0369

SOURCE China Energy Recovery, Inc.

Media, Sean Mahoney, +1-310-867-0670; Investor Relations, Jim Blackman,
+1-713-256-0369