ADA-ES Retains The Equity Group To Provide Investor Relations Services.Business Editors LITTLETON, Colo.--(BUSINESS WIRE)--March 10, 2003 ADA-ES, Inc. today announced that it has retained The Equity Group Inc. of New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. to provide investor relations Investor relations The process by which the corporation communicates with its investors. and financial public relations Financial public relations Public relations division of a company charged with cultivating positive investor relations and proper disclosure information. services, in connection with its planned spin-off from Earth Sciences, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ESCI ESCI Environmental Science eSCI Enhanced Serial Communication Interface ESCI Extension Start Code Identifier ) into a separate public company. Michael H. Durham, Ph.D., President of ADA-ES, commented, "We have engaged The Equity Group to assist with our communications during the spin-out process and advise us as a soon-to-be independent public company. Following the spin-off, The Equity Group will help us communicate ADA-ES' investment merits to the investment community, shareholders and the media. The Equity Group is a first-class organization with an excellent reputation and proven track record. We were impressed by the caliber, longevity and references of their corporate clients, and are confident that they will represent us well within the financial community and the media." The proposed spin-off is subject to a number of contingencies and Earth Sciences reserves the right to revoke the proposed spin-off at any time prior to the distribution date. There can be no assurances that the proposed spin-off will actually occur. The Equity Group Inc., based in New York City and founded in 1974, provides a full spectrum of investor and financial public relations services primarily to growth companies listed on Nasdaq, and the American and New York Stock Exchanges New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . For more information, visit www.theequitygroup.com. About ADA-ES Headquartered in Littleton, CO, ADA-ES develops and implements proprietary environmental technology and specialty chemicals that mitigate the environmental impact from electric power and industrial companies while reducing operating costs. This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The United States Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides 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 forward-looking statements in this document that are based on information the Company believes reasonable, but such projections and statements involve significant uncertainties. Actual events or results -- including operating results -- could differ materially from those discussed in the forward-looking statements as a result of various factors including but not limited to changing market demand for ADA-ES chemicals and systems and changes in technology, laws or regulations, demand for the company's securities, and other factors discussed in the Earth Sciences, Inc.'s 2001 Form 10-KSB and recent 10-QSBs. |
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