LITTLETON, Colo.--(Business Wire)--
ADA-ES, Inc. (NASDAQ:ADES) announced today that it will issue its financial
results for the third quarter ended September 30, 2009 on Monday, November 16,
2009 before the stock market opens.
Michael Durham, President & CEO and Mark McKinnies, CFO, will conduct a
conference call focusing on the financial results at 10:00 a.m. ET on Monday,
November 16, 2009. 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 ADES call (conference ID # 33504955).
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. 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 segment, Mercury Emission Control,
ADA-ES supplies activated carbon injection systems, mercury measurement
instrumentation, and related services. To meet the needs of the power industry
for mercury control, a joint venture of the Company, ADA Carbon Solutions
("ADACS"), is developing state-of-the-art facilities to produce activated carbon
("AC") with the first plant projected to come on-line in 2010. Additionally, the
Company is developing technologies for power plants to address issues related to
the emissions of carbon dioxide.
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 ADACS,
tax credits, revenues, expenses and other financial measures; the new AC plant
ADACS is building; ADACS` ability to supply AC; future supply and demand;
expected governmental actions; 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; impact of competition and litigation;
lack of working capital; availability, cost of and demand for alternative energy
sources and other technologies; operational difficulties; risks related to ADACS
such as changes in the costs and timing of construction of the AC plant, failure
to raise additional financing or satisfy conditions in existing agreements,
actions of our joint venture partner and inability to sign or close acceptable
coal supply and off-take agreements in a timely manner; failure of Clean Coal to
qualify its product for Section 45 tax credits or to place qualified facilities
by the IRS deadlines; 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.
ADA-ES, Inc.
Michael D. Durham, Ph.D., MBA, President
Mark H. McKinnies, Senior VP & CFO
(303) 734-1727
www.adaes.com
or
Investor Relations Counsel
The Equity Group Inc.
www.theequitygroup.com
Melissa Dixon, (212) 836 9613
MDixon@equityny.com
Linda Latman, (212) 836-9609
LLatman@equityny.com
Copyright Business Wire 2009
