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NASDAQ Halts China Electric Motor, Inc.

NEW YORK, March 31, 2011 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market® (Nasdaq:NDAQ) announced that trading was halted today in China Electric Motor, Inc. (Nasdaq:CELM) at 08:01:49 a.m., Eastern Time, for "additional information requested" from the company at a last price of $2.91.

NEW YORK, March 31, 2011 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market® (Nasdaq:NDAQ) announced that trading was halted today in China Electric Motor, Inc. (Nasdaq:CELM) at 08:01:49 a.m., Eastern Time, for "additional information requested" from the company at a last price of $2.91.

Trading will remain halted until China Electric Motor, Inc. Inc. has fully satisfied NASDAQ's request for additional information.

For news and additional information about the company, please contact the company directly or check under the company's symbol using InfoQuotesSM on the NASDAQ® Web site.

For more information about The NASDAQ Stock Market, visit the NASDAQ Web site at .

NDAQO

CONTACT: NASDAQ OMX Media Contact: Wayne Lee +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.com