SinoTech Announces Receipt of NASDAQ Delisting Notice

SinoTech Energy Limited CTE today announced that it has received a letter dated September 15, 2011 from The NASDAQ Stock Market LLC ("NASDAQ"), stating that continued listing of the Company's securities on NASDAQ is no longer warranted. NASDAQ staff members, exercising their discretionary authority, have determined to delist the Company's securities based on public interest concerns under NASDAQ Listing Rule 5101 and the Company's failure to provide NASDAQ with certain information requested by NASDAQ on a timely basis, as required by NASDAQ Listing Rule 5250(a). Trading in the Company's stock has been halted by NASDAQ since August 16, 2011.