SinoTech Announces Filing of Fiscal Year 2010 Annual Report on Form 20-F With SEC

BEIJING, March 31, 2011 (GLOBE NEWSWIRE) -- SinoTech Energy Limited ("SinoTech" or the "Company") (Nasdaq:CTE), a fast-growing provider of enhanced oil recovery services in China, today announced it has filed its annual report on Form 20-F, including its audited financial statements for the fiscal year ended September 30, 2010, with the U.S. Securities and Exchange Commission (the "SEC"). SinoTech's Form 20-F can be accessed from the SEC website at www.sec.gov , as well as from the Annual Reports section of the Company's website at http://ir.sinotechenergy.com .

About SinoTech Energy Limited

SinoTech Energy Limited ("SinoTech" or the "Company") (Nasdaq:CTE) is a fast-growing provider of enhanced oil recovery ("EOR") services in China. SinoTech provides innovative EOR services to major oil companies in China using leading technologies, including certain patented lateral hydraulic drilling ("LHD") technologies, which the Company has an exclusive right to use in China, and a molecular deposition film technology, for which the Company holds a PRC patent. SinoTech also provides technical services to coalbed methane customers using the LHD technology. For more information, please visit http://ir.sinotechenergy.com .

CONTACT: For investor and media inquiries please contact:
         
         Ms. Rebecca Guo
         SinoTech Energy Limited, Beijing
         +86-10-8712-5555
         rebecca.guo@sinotechenergy.com
         
         Ms. Yue Yu
         Brunswick Group LLP
         +86-10-6566-2256
         sinotech@brunswickgroup.com