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ADA-ES Reports Third Quarter Results.


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 financial results for the third quarter and nine months ended September 30, 2007. Statements of Operations for the periods and a Balance Sheet as of September 30, 2007 are included. See attached tables.

Total revenues for the third quarter increased 26% to $5.6 million as compared to the 2006 third quarter. Gross margin for the current quarter rose 45% to $1.9 million or 33.4% of revenues, as compared to $1.3 million or 29.0% of revenues for the same quarter of 2006, due to: (i) higher margins from government and industry-supported mercury emission control The selective and controlled use of electromagnetic, acoustic, or other emitters to optimize command and control capabilities while minimizing, for operations security: a. detection by enemy sensors; b. mutual interference among friendly systems; and/or c.  contacts, which were somewhat offset by lower margins on Activated Carbon Injection ("ACI ACI American Concrete Institute
ACI Arch Coal Inc
ACI Airports Council International (formerly Airport Associations Coordinating Council)
ACI Automobile Club d'Italia
ACI American Competitiveness Initiative
") system sales System sales is a business term used in the franchising industry. Franchisors provide supplies, marketing and administration services to franchisees in return for a part of the franchisees' revenues. Some franchisors also operate some outlets directly. , which we attribute to a developing market, and (ii) a comparison with an unusually low Flue Gas Flue gas is gas that exits to the atmosphere via a flue, which is a pipe or channel for conveying exhaust gases from a fireplace, oven, furnace, boiler or steam generator. Quite often, it refers to the combustion exhaust gas produced at power plants.  Conditioning gross margin (2%) in the 2006 third quarter. General and administrative expenses increased $445,000 during the current quarter, due to higher consulting, compliance, legal, and administrative wage costs. Operating income Operating Income

The profit realized from a business' own operations.

Notes:
This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit.
 was $34,000, compared to an operating loss operating loss

The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income.
 of $63,000, and net income was $215,000 or $0.04 per diluted di·lute  
tr.v. di·lut·ed, di·lut·ing, di·lutes
1. To make thinner or less concentrated by adding a liquid such as water.

2. To lessen the force, strength, purity, or brilliance of, especially by admixture.
 share, versus a net loss of $128,000 or $0.02 per diluted share in the 2006 third quarter.

For the nine-month period, total revenues rose 27% to $14.4 million as compared to the 2006 period. Operating loss was $552,000 versus $39,000, due to higher general administrative expenses associated with the items noted above, and net income was $247,000 or $0.04 per diluted share compared to $154,000 or $0.03 per diluted share in the first nine months of 2006.

Dr. Michael Durham, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of ADA-ES, stated, "ACI equipment sales were again our largest revenue source in the quarter, contributing $2.5 million, up from $1.8 million in the comparable quarter of last year. We anticipate continued growth in ACI system revenues, and in this regard, during the third quarter ADA Ada, city, United States
Ada (ā`ə), city (1990 pop. 15,820), seat of Pontotoc co., S central Okla.; inc. 1904. It is a large cattle market and the center of a rich oil and ranch area.
 was awarded three contracts to supply ACI systems to provide mercury emission control - one for an existing power plant and two for new generating units. We also received purchase orders to supply engineering, design and initial fabrication fabrication (fab´rikā´shn),
n the construction or making of a restoration.
 work for six ACI systems at three separate power plants, which includes options for an additional seven systems. We remain focused on and confident in our ability to maintain our objective of winning at least 50% of the mercury specific control systems sold in the U.S."

Dr. Durham further stated, "Our financial results for the quarter continued to reflect our focus on ADA's long-term growth and our aggressive approach to leveraging the Company's position in mercury control in order to maximize future earnings. We are positioned to respond to the anticipated market for 50-100 mercury control systems during 2008-2009 due to our expanded engineering team, enhanced system designs, and increased base of potential component suppliers. Although this has resulted in an overall operating loss for the nine-month period, we believe that the application of our resources in this manner is essential to our ability to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 opportunities in the future."

Dr. Durham concluded, "During the quarter we also continued to make progress with our plans to build the world's largest activated carbon production facility, positioning the Company to be a long-standing market leader. In this regard, we filed with the Louisiana Department of Environmental Quality the air permit application that is required to begin construction of the new plant, covering two production lines capable of producing up to a total of 350 million pounds of AC per year. We remain extremely enthusiastic about ADA's long-term growth prospects, primarily based on our strong position in the rapidly growing market for mercury control equipment and activated carbon. We are also optimistic op·ti·mist  
n.
1. One who usually expects a favorable outcome.

2. A believer in philosophical optimism.



op
 about our prospects for refined coal, where we are making progress through our joint venture with a subsidiary of NexGen Resources Corporation. Additionally, we believe carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure.  emission control will present longer-term upside potential Upside potential

The amount by which analysts or investors expect the price of a security may increase.


upside potential

The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar
."

Conference Call

Management will conduct a conference call focusing on the financial results and recent developments at 10:00 a.m. ET on Wednesday, November 7, 2007. Interested parties may participate in the call by dialing 706-679-3200. Please call in 10 minutes before the call is scheduled to begin, and ask for the ADA-ES call (conference ID # 22744467). The conference call will also be webcast live via the Investor Information section of ADA-ES' website at www.adaes.com. To listen to the live call please go the website at least 15 minutes early to register, download and install any necessary audio software. If you are unable to listen live, the conference call will be archived on the website.

About ADA-ES

Headquartered in Littleton, CO, ADA-ES is a leader in clean coal technology and the associated specialty chemicals A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. . The Company develops and implements proprietary environmental technology and specialty chemicals that enable coal-fueled power plants to enhance existing air pollution control equipment, maximize capacity and improve operating efficiencies. Through its largest and fastest-growing segment, Mercury Emission Control, ADA-ES supplies activated carbon injection systems, mercury measurement instrumentation, and related services. Additionally, the Company is implementing plans to produce and supply activated carbon for reducing mercury emissions from coal-fired boilers.

This press release and the referenced conference call contain, and will contain, respectively, forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 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. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which we operate and the beliefs and assumptions of our management. Actual results may vary materially from such expectations. These statements are prefaced by words or phrases such as "will," "hope," "expect," "anticipate," "intend" and "plan," or words of similar meaning, and such forward-looking statements include, but are not limited to, statements or expectations regarding future revenues or other financial measures, anticipated projects and new contracts, anticipated growth in the markets we serve and related items, including our position in those markets. Such statements involve significant risks and uncertainties. Actual events or results could differ materially from those discussed in the forward-looking statements as a result of various factors including but not limited to changing economic conditions, market demand for ADA-ES' products and services, changes in technology, failure to satisfy performance guarantees, availability of federal funding, availability of private financing which will be needed to implement our expansion plans, changes in laws or regulations, results of demonstrations of our own, and other's licensed technologies, operational difficulties, availability of skilled personnel, and other factors discussed in detail in the Company's filings with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on the forward-looking statements made in this release or the conference call, and to consult filings we make with the Securities and Exchange Commission for additional risks and uncertainties that may apply to our business and the ownership of our securities. The forward-looking statements contained in this release and the conference call are made and based on information as of the date of this release. We assume no obligation to update any of these statements based on information after the date of this report, unless required by law to do so.
[TABLE OMITTED]
[TABLE OMITTED]
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Publication:Business Wire
Article Type:Financial report
Date:Nov 7, 2007
Words:1223
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