ADA-ES Signs Exclusive License to Market Proprietary Flue Gas Conditioning Technology from ARKAY Technologies.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 has signed an exclusive marketing agreement with ARKAY Technologies of McKees Rocks McKees Rocks, borough (1990 pop. 7,691), Allegheny co., SW Pa., an industrial suburb of Pittsburgh, on the Ohio River; settled c.1764, inc. 1892. Manufacturing includes metal and food products, lubricants, and furniture. , PA to market ARKAY's proprietary 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 technology to the coal-fired power industry. This technology will be applied to the large segment of power plants that have cold-side electrostatic precipitators (ESPs) and will complement ADA-ES' current proprietary flue gas conditioning technology designed to treat plants with high temperature ESPs. "We are pleased to offer this new product to utility customers interested in improving performance of their existing ESPs to lower stack opacities and reduce particulate emissions. This is a strategic move for the Company because the ARKAY product can be applied with our current flue gas conditioning injection equipment and has been proven to be effective on both Eastern Bituminous bi·tu·mi·nous adj. 1. Like or containing bitumen. 2. Of or relating to bituminous coal. Adj. 1. bituminous - resembling or containing bitumen; "bituminous coal" and Western PRB PRB Pharmaceutical Resources Branch coals," said Dr. Michael Durham, President of ADA-ES. "ARKAY is excited about working with ADA-ES because of their reputation within the industry and its access to many power companies," stated Dr. Rabi Sinha of ARKAY Technologies. "We expect that this special agreement will be a model for future interactions between our companies as we look to bring our innovative, pollution control products to a larger share of the power plant market." About ADA-ES Headquartered in Littleton, Colorado, ADA-ES, Inc. develops and implements proprietary environmental technology and specialty chemicals that mitigate the environmental impact from electric power and industrial companies while reducing operating costs. ADA-ES is included on the Russell Microcap(TM) Index. 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 predicted revenues and achievement of positive cash flow - 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 company's filings with the U.S. Securities and Exchange Commission. |
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