-- 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.