Fushi Copperweld Extends Worldwide License With Nexans

"Fushi Copperweld and Nexans enjoy a strong relationship, and we are pleased that it will be continuing for the foreseeable future," said Joe Longever, Co-Chief Executive Officer of Fushi Copperweld. "Fushi Copperweld's proprietary technology and production processes have allowed us to build a reputation in the marketplace as a provider of superior products.  This agreement extends our competitive advantage in our targeted markets. Going forward, we remain focused on leveraging these advantages and continuing to develop new products and technologies that further enhance our capabilities and ability to enter new markets."

About Fushi Copperweld

Fushi Copperweld Inc., through its wholly owned subsidiaries, Fushi International (Dalian) Bimetallic Cable Co. Ltd., and Copperweld Bimetallics LLC, is the leading manufacturer and innovator of copper-clad bimetallic engineered conductor products for electrical, telecommunications, transportation, utilities and industrial applications.  With extensive design and production capabilities, and a long-standing dedication to customer service, Fushi Copperweld is the preferred choice for bimetallic products worldwide.

For more information, please visit the Fushi Copperweld website, at www.fushicopperweld.com

Safe Harbor Statement

This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Forward-looking statements can be identified by the use of forward-looking terminology such as "will" "believes", "expects" or similar expressions. These forward-looking statements may also include statements about our proposed discussions related to our business or growth strategy, which is subject to change. Such information is based upon expectations of our management that were reasonable when made but may prove to be incorrect.  All of such assumptions are inherently subject to uncertainties and contingencies beyond our control and upon assumptions with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual Report filed with the Securities and Exchange Commission (SEC) on Form 10-K, and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system (EDGAR) at www.sec.gov.