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China Advanced Construction Materials Group Wins Contract to Supply Concrete for France's New Embassy in Beijing

NEW YORK and BEIJING, Oct. 22 /PRNewswire-FirstCall/ -- China Advanced Construction Materials Group, Inc. ("China ACM") (OTC Bulletin Board: CADC), a leading provider of ready-mix concrete in China, today announced that it will be the major provider of concrete for the French embassy being built in the new diplomatic zone in the Chaoyang District of Beijing. The complex will house the largest French embassy in the world and is expected to open in 2011.

Mr. Xianfu Han, Chairman and Chief Executive Officer, stated, "Our involvement in this prestigious and important project is very gratifying and we are proud of this achievement. The architecturally unique design created by Alain Sarfati, one of France's most renowned architects, is just the type of structure where China ACM can excel in demonstrating the versatility of our various concrete formulations. The embassy will be part of a new compound that will house all French diplomatic services in a single location."

Mr. Han concluded, "When we look out over the Beijing skyline, the number of high profile projects we have helped create continues to grow and each building has its own distinct character with specific concrete requirements and services that China ACM is able to provide. Some of these projects include the Bird's Nest Stadium, the National Swimming Center Water Cube, China Central Television Headquarters, the U.S. Embassy and the Beijing International Airport, among others. We look forward to playing a significant role in other such projects in the months and years ahead."

About China ACM

China ACM, founded in 2002 and based in Beijing, China, is a leading producer of advanced construction materials for large scale commercial, residential, and infrastructure developments. The company is primarily focused on producing and supplying a wide range of advanced ready-mix concrete materials for highly technical, large scale, and environmental construction projects. The company also aims to develop and produce new and innovative environmentally conscious construction materials.

China ACM provides materials and services through its eight ready-mix concrete plant network covering Beijing metropolitan area. China ACM owns one plant, leases three plants and has technical services and preferred procurement agreements with four other independently-owned plants. China ACM is ISO 9001 (product quality), ISO 14001 (environmental safety), and ISO 18001 (employment environment safety) certified. Additional information about the company is available at www.china-acm.com.

This press release contains "forward-looking statements" within the meaning of the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including changes from anticipated levels of sales, future national or regional economic and competitive and regulatory conditions, changes in relationships with customers, access to capital, difficulties in developing and marketing new products, marketing existing products, customer acceptance of existing and new products, and other factors. Additional Information regarding risks can be found in the Company's Annual Report on Form 10K and in the Company's recent report on Form 8K filed with the SEC. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this press release.

Contact:

    Crescendo Communications, LLC
    David Waldman or Klea Theoharis
    Tel: (212) 671-1020
    Email: cadc@crescendo-ir.com
    Web: http://www.china-acm.com

SOURCE China Advanced Construction Materials Group, Inc.

Copyright (2009) PR Newswire. All Rights Reserved.
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