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LianDi Clean Technology Inc. Provides Business Update

BEIJING , Jan . 26, 2011 /PRNewswire-Asia-FirstCall/ — China

March 31, 2011

Backlog

9 months ended December 31, 2010

9 months ended December 31, 2009

% Change Y-O-Y

Equipment

$ 36 million

$ 26 million

38.5 %

Software

$ 1 million

$ million

Services

$ 3 million

$ million

Total

$40 million

$ 26 million

+53.8 %

March 31, 2011 $85 million $72.8 million

Jianzhong Zuo

Mr. Zuo continued, "Our collaboration with leading global suppliers and broad portfolio of cutting-edge products enhances our ability to drive business value and high performance for our clients. These strategic partnerships with some of the largest organizations in the oil and gas industry around the world allow us to leverage proven technology and industry solutions to optimize our services and offer our clients complete solutions to meet their business challenges. By complementing this with proprietary software and additional products and services, we seek to drive incremental revenue and earnings for 2011."

LianDi recently signed master distribution agreements with new and existing customers which expands the Company’s ability to bid for a broader range of projects while meeting more of its customers needs.

Name

Origin

Customer Since

Product s

End Market

Bornemann

Germany

2008

Screw Pumps

Oil & Gas

ABB

Switzerland

2010

Measurement Products

Oil & Gas

Metso

Finland

2008

Control Valves

Petrochemicals

Poyam

Spain

2007

Valves

Oil & Gas

Rotork

U.K.

2007

Electric Actuators

Oil & Gas

December 31, 2010 $130 million $117 million $25 million $24.6 million

About LianDi Clean Technology Inc.

July 2004 $1 billion

Cautionary Statement Regarding Forward-Looking Information

http://www.sec.gov

Investor Relations:

HC International, Inc.

Ted Haberfield, Executive VP

Tel:   +1-760-755-2716

Email: [email protected]

SOURCE LianDi Clean Technology Inc.

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