NASDAQ Suspends SinoTech Energy, Limited


NEW YORK, Oct. 18, 2011 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market® (Nasdaq:NDAQ) announced that SinoTech Energy, Limited (CTE), which has been subject to a trading halt since August 16, 2011, will be suspended from the NASDAQ Stock Market effective October 19, 2011. As a result of the suspension, SinoTech may be eligible to resume trading in the over-the-counter market. A final determination on the Company's listing will be made after a hearing and Panel decision.

For news and additional information about the company, please contact the company directly or check under the company's symbol using InfoQuotesSM on the NASDAQ® Web site.

For more information about The NASDAQ Stock Market, visit the NASDAQ Web site at http://www.nasdaq.com.

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