HEAT Smartheat Inc. (MM)

NEW YORK, Nov. 9, 2010 /PRNewswire-Asia/ -- SmartHeat Inc. (Nasdaq: HEAT; website: www.smartheatinc.com), a market leader in China's clean technology energy savings industry, announced today that SmartHeat's senior management team will host an investor conference call to discuss its third quarter 2010 financial results at 9:00 a.m. EST on November 11, 2010.

Investor Conference Call Instructions:

Date and time: 9:00 a.m. U.S. Eastern Standard Time, November 11, 2010

U.S. toll free number: +1-888-339-2688

International direct dial-in: +1-617-847-3007

Conference pass code: 95275033

Due to the federal holiday on November 11, 2010, SmartHeat will file its quarterly financial results for the period ended September 30, 2010, and related earnings release with the Securities and Exchange Commission after the U.S. markets close on November 10, 2010.

About SmartHeat Inc.

Founded by James Jun Wang, a former executive at Honeywell China, SmartHeat Inc. (www.smartheatinc.com) is a NASDAQ Global Market listed (Nasdaq: HEAT) U.S. company with its primary operations in China. SmartHeat is a market leader in China's clean technology energy savings industry. SmartHeat manufactures standard plate heat exchangers (PHEs), custom plate heat exchanger units (PHE Units) and heat meters. SmartHeat's products directly address air pollution problems in China where massive coal burning for cooking and heating purposes is the only source of economical heat energy in China. SmartHeat's products significantly reduce heating costs, increase energy efficiencies, reduce air pollution, and have broad applications. SmartHeat's customers include global Fortune 500 companies as well as municipalities and industrial/residential users. According to Zero Power Intelligence Co., Ltd., an independent market research firm in China, China's heat exchanger market grew from $3.2 billion in 2005 to $5.4 billion in 2008, and is projected to grow to $11 billion in 2012.

Safe Harbor Statement

All statements in this press release that are not historical are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. There can be no assurance that actual results will not differ from the company's expectations. SmartHeat's actual results may differ from its projections. Further, preliminary results are subject to normal year-end adjustments. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect SmartHeat's current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in SmartHeat's filings with the Securities and Exchange Commission.

SOURCE SmartHeat Inc.