EUROTECH's Non-Isocyanate Polyurethane Achieves Breakthrough as Rigid and Semi-Rigid Foam

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EUROTECH's Non-Isocyanate Polyurethane Achieves Breakthrough as Rigid and Semi-Rigid Foam

DISTRICT OF COLUMBIA, WASHINGTON, Jun. 26 -/E-Wire/-- EUROTECH, Ltd., (AMEX: EUO), announced today a major breakthrough in the development of its unique and patented hybrid non-isocyanate polyurethane (HNIPU) by producing a polyurethane foam. HNIPU is a revolutionary polyurethane that improves many of the performance properties of standard polyurethane, while eliminating the health and safety issues associated with isocyanates in the manufacture and application of conventional polyurethane.

EUROTECH's Chief Scientist, Professor Oleg Figovsky, reports that foamed HNIPU has similar properties as conventional polyurethane foam and has commenced testing to ensure the HNIPU foam meets industry standards. Ted Grochowski, General Manager of EUROTECH's Advanced Performance Materials Division, reports that the HNIPU foam will about double the potential market for HNIPU. The European market is moving toward a ban on isocyanate use in the foam insulation and packaging industry and will require the use of non-isocyanate materials. The $6 billion annual market for polyurethane in Europe is about half foam.

HNIPU is currently being marketed in the United States and Europe as the next generation polyurethane. The development of HNIPU foam was at the request industry manufactures to meet their customer needs and pending regulations. HNIPU provides many superior performance properties for paints, coatings, sealers and adhesives. For additional information about EUROTECH and its products, visit the Company website www.eurotechltd.com.

EUROTECH Ltd. (AMEX: EUO) works with scientists and research institutes in Russia, Israel and other countries to develop and commercialize innovative technologies that have widespread or critical application. For more information, visit www.eurotechltd.com on the Internet.

Certain information and statements 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.

http://www.eurotechltd.com

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