EUROTECH Signs Agreement With VerticalNet and Microsoft bCentral to Generate EKOR Revenues On B2B Platform

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For Immediate Release

EUROTECH Signs Agreement With VerticalNet and Microsoft bCentral to Generate EKOR Revenues On B2B Platform

DISTRICT OF COLUMBIA, WASHINGTON, Jun. 18 -/E-Wire/-- EUROTECH, Ltd., (AMEX:EUO), focused on Nuclear Waste and Environmental Solutions for the 21st Century, announced today that it will utilize the VerticalNet (Nasdaq:VERT) and Microsoft's (Nasdaq:MSFT) bCentral software platforms to roll out its B2B business strategy to market the companies advanced chemical technology EKOR.

EUROTECH'S VerticalNetÂ® / Microsoft bCentral online Storefront will enable...

* The capability to create and maintain an online catalog

* The power to generate leads and respond to inquiries and requests from potential customers through your online catalog listings

* Real-time tracking and analysis of sales leads with a flexible, online management tool known as Virtual Office

* A prominent position in the leading industry-focused market on the Internet for the professionals that purchase your products and services

VerticalNet is the leading online community builder and market maker in the business to business area. Each of VerticalNet's 57 business communities is an industry focused web site - a high volume, highly targeted marketplace where customers can search, source, and buy online.

Microsoft bCentral provides online subscription services to help small businesses get online, improve marketing effectiveness, increase sales, and provide better customer service. bCentral is a key part of Microsoft's overall .NET strategy to deliver software "as a service' to consumers and businesses of all sizes. This isn't a flashy idea from an Internet startup.

It's a strategy on which Microsoft is betting its future.

"The use of EKOR(TM) in storing, containing, transporting, and disposal should go a long way to solving the 'not in my backyard" issue. '-CEO Don Hahnfeldt.

EUROTECH'S Revolutionary Geopolymer EKOR(TM) can solve some of the toughest Nuclear Waste Problems On Earth. The radiation-resistant EKOR(TM) was used to encapsulate the most critical fuel mass at the nuclear accident site inside Chernobyl's sarcophagus in March 2000, and is the only long-term encapsulant material of its type applied in the fifteen years since the reactor disaster in 1986.

At a recent United Nations Conference Ukrainian Deputy Director of the Chernobyl Shelter Project, Artur Korneev, presented information about EKOR(TM)'s success and its potential applications in nuclear waste management worldwide. "The results are positive after one year. EKOR(TM) is the only possible material to use for these applications.

Test reports indicate that the EKOR(TM) encapsulated radioactive debris will remain fixed in place for more than 400 years.

Certain information and statement included in this release constitute "forward-looking statements' within the meaning of the Federal Privates Securities Litigation Reform Act of 1995.

Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements.

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