17:06 | 17.03.2011
ADA-ES Schedules 2010 Fourth Quarter and Year-End Financial Results News Release and Conference Call for Friday, March 25, 2011
ADA-ES, Inc. (NASDAQ:ADES) announced today that it will issue its
financial results for the fourth quarter and year-ended December 31,
2010 on Friday, March 25, 2011 before the stock market opens.
Michael Durham, President & CEO, and Mark McKinnies, CFO, will conduct a
conference call focusing on the financial results and business
activities at 10:00 a.m. ET on Friday, March 25, 2011. Interested
parties may participate in the call by dialing (877) 407-4019 (Domestic)
or (201) 689-8337 (International). Please call in 10 minutes before the
call is scheduled to begin, and ask for the ADES call.
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
ADA-ES is a leader in clean coal technology and the associated specialty
chemicals, serving the coal-fueled power plant industry. Our proprietary
environmental technologies and specialty chemicals enable power plants
to enhance existing air pollution control equipment, minimize mercury, CO2
and other emissions, maximize capacity, and improve operating
efficiencies, to meet the challenges of existing and pending emission
control regulations.
With respect to mercury emissions:
We supply activated carbon (“AC”) injection systems, mercury
measurement instrumentation, and related services.
We are also a joint venture participant in ADA Carbon Solutions
(“ADA-CS”), which has commenced operations at its state-of-the-art AC
production facility.
Under an exclusive development and licensing agreement with Arch Coal,
we are developing and commercializing an enhanced Powder River Basin
(“PRB”) coal with reduced emissions of mercury and other metals.
Through our consolidated subsidiary, Clean Coal Solutions, LLC
(“CCS”), we provide our patented refined coal technology, CyClean, to
enhance combustion of and reduce emissions from burning PRB coals in
cyclone boilers.
In addition, we are developing CO2 emissions technologies
under projects funded by the U.S. Department of Energy (“DOE”) and
industry participants.
This press release contains and the conference call referenced in
this press release will include forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, which
provides a “safe harbor” for such statements in certain circumstances.The forward-looking statements include, but will not necessarily be
limited to, statements or expectations regarding future contracts,
projects, technologies, project funding, ownership of ADA-CS, tax
credits, revenues, expenses and other financial measures;ADA-CS’s AC
plant; ADA-CS’ ability to supply AC and fund its operations and
obligations; production levels at our RC facilities; future supply and
demand; expected governmental actions including the impact of new and
pending laws and regulations; sizes of and changes in our target
markets; existing litigation and related matters. These statements are
based on current expectations, estimates, projections, beliefs and
assumptions of our management.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
changes in laws and regulations, government funding, prices, economic
conditions and market demand; timing and impact of new and pending laws
and regulations and any legal challenges to them; negative outcomes in
our legal proceedings; impact of competition; availability, cost of and
demand for alternative energy sources and other technologies; technical
and operational difficulties; inability to commercialize our
technologies on favorable terms; additional risks related to ADA-CS
including lack of continued funding, demand of payment on existing loans
and other obligations, inability to obtain necessary permits, our lack
of control of ADA-CS and further dilution of our interest; additional
risks related to CCS’ including failure of its leased facilities to
continue to produce coal which qualifies for IRS Section 45 tax credits,
termination of the leases of such facilities, decreases in the
production of RC and failure to build additional RC facilities to meet
the recently extended placed-in-service date; our inability to come to
terms with industry partners concerning the DOE CO2
capture technology project; availability of raw materials and equipment
for our businesses; loss of key personnel; and other factors discussed
in greater detail in our filings with the Securities and Exchange
Commission (SEC).You are cautioned not to place undue reliance
on our forward-looking statements and to consult filings we make with
the SEC for additional risks and uncertainties that may apply to our
business and the ownership of our securities.Our forward-looking
statements are presented as of the date made, and we disclaim any duty
to update such statements unless required by law to do so.
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