Leo Duffy, former DOE executive, joins Eurotech Ltd. as Special Advisor to the Board of Directors

Eurotech Ltd. is pleased to announce the appointment of Mr. Leo Duffy as Special Advisor to its Board of Directors. Mr. Duffy brings to the Company thirty-five years of experience in the commercial and governmental sectors of the nuclear industry.

Under the former George Herbert Walker Bush administration, Mr. Duffy helped develop and establish the Office of Environmental Restoration and Waste Management, currently named the Office of Environmental Management within the U.S. Department of Energy. As the first Assistant Secretary of this office, he directed the development of the five-year planning effort, resulting in Congressional appropriations of an annual operating budget of $6 billion.

Commenting on Mr. Duffy's appointment, Chad A. Verdi, Chairman of the Board of Eurotech, stated, "We are building a team of professionals that will add expertise to execute our business plan for EKOR and our current product portfolio. We are pleased to have Mr. Duffy lend his industry experience to these efforts."

The primary focus of Mr. Duffy's activities will be to advise the Board on the Company's strategic and tactical business plans. In addition, he will counsel the company on the strategic marketing of EKOR and other select technologies being brought to market in 2001.

Mr. Duffy commented, "By addressing long-term storage, containment and transportation of nuclear waste, we believe EKOR will provide the solutions sought by nuclear waste managers and environmentally conscious stakeholders. Additionally, several other Eurotech technologies poised for market introduction over the next 12 months hold particular promise in the government and commercial sectors."

Eurotech Ltd. 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 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.

CONTACT: Dawn Van Zant of ECON Investor Relations, Inc., 800-665-0411, or dvanzant@investorideas.com, for Eurotech Ltd.

Source: Eurotech Ltd.

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