Date: Dec 6, 2011

International Building Technologies Group, Inc. sent a Notice of

Termination to terminate signed a LOI with FHH Sino New Energies Co., Ltd.  

City of Industry, CA – Dec. 6, 2011 - International Building Technologies Group, Inc. (“INBG”) announces that today it has sent a notice of termination to terminate the Letter of Intent signed on May 20, 2010 with FHH Sino New Energies Co., Ltd., a Chinese company (“FHH”) located in Weihai, Shandong Province of China.

Since LOI had been signed with FHH on May 20, 2010, INBG had retained a Chinese law firm to conduct a Due Diligent Study on FHH to provide a Due Diligent Report, and had retained a qualified PCAOB accounting firm to conduct an audit process on FHH for the years of 2009, 2010, the management accounts up to June 30, 2011, and to provide official audit report. Subject to the reports as above, the financial and legal consultants of INBG had provide the roadmap, proposal and documents that are in compliance of the laws and regulation of both China and USA, and provide such documents and a brief proposal to FHH for final confirmation and signatures from FHH and its shareholders. However, according to the court documents as recently provided to INBG by FHH, there is a legal dispute between an individual and current shareholders (current or ex-shareholders) of FHH and such dispute had caused the judicial freeze by a court order on a large portion of FHH’s share, and such judicial freeze has also caused the prohibition of any further proceed to move forward of the restructure and merger between FHH and INBG. Hence, INBG has no choice but to send a termination notice to formally terminate the execution of the LOI and all the works carrying on according to the signed LOI with effective immediately. An 8-K along with a copy of the termination letter and the Chinese court documents as provided to INBG by FHH with its English translation will be filed with the SEC shortly.

Kenneth Yeung, CEO of INBG comments, “Both INBG and FHH have spent a lot of time, effort and expenses to take the restructure and merger to the current status. IBTGI feels much regret that the deal has to be terminated due to the events being occurred with FHH”.

Kenneth Yeung continues, ”In order to explore every opportunity to bring value back to INBG, the company has recently met and investigated into a number of attractive companies that we believe could qualify as a strategic and viable business combination to merge with us. Any further progress of such approach will be updating to our shareholders”.

This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company’s analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.

To contact PR of International Building Technologies Group, Inc.:
Please call Patrick Donahoo at
702 927 7668
or email ir@ibtgi.com