ADA-ES Announces Hydrogen-Methane Fuel Project.LITTLETON, Colo. -- ADA-ES, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADES (language) ADES - An early system on the IBM 704. Version: ADES II. [Listed in CACM 2(5):16 (May 1959)]. ) today announced that it will be providing consulting services to Hythane Company, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Eden Energy Ltd. (ASX ASX See: Australian Stock Exchange : EDE E·de A city of western Nigeria northeast of Ibadan. A center of Yoruba culture, it is in a cocoa-growing region. Population: 248,000. ), associated with the development of blended hydrogen-methane fuels known as "Hythane([R])" for motor vehicles. Tests by Hythane show that vehicle emissions are reduced significantly when hydrogen-methane fuels are used. Clean fuels like Hythane([R]) are expected to play a greater role in the future global energy mix. The project is expected to start in the next few months and last for two years. Dr. Michael Durham, President of ADA-ES, commented, "We are very pleased that Hythane has chosen ADA-ES to be a part of the project team. As a leading developer of advanced technologies related to cleaner energy, our research and development team constantly evaluates technologies and emission controls. We were very impressed with our initial assessment of Hythane's technology, and are enthusiastic about working with them. We believe this relationship with Hythane is a reflection of our past successes with bringing technologies to market, and are optimistic about ADA-ES' opportunities as we continue to pursue a future with cleaner energy." About ADA-ES Headquartered in Littleton, Colorado, ADA-ES, Inc. develops and implements proprietary environmental technology and specialty chemicals that mitigate the environmental impacts from electric power and industrial companies, while reducing their operating costs. About Hythane Company LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Headquartered in Colorado, Hythane Company LLC is a wholly owned subsidiary of Australian-based Eden Energy Ltd. (ASX: EDE). With operations being established in the USA, Australia, Europe, China and India, the company provides the infrastructure for the emerging hydrogen energy market. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which provide a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for such statements in certain circumstances. Such statements involve significant uncertainties. Actual events or results could differ materially from those discussed in the forward-looking statements as a result of various factors discussed in the Company's filings with the U.S. Securities and Exchange Commission. |
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