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Author: Matt1344 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 278  
Subject: Air Pollution Control Orders Totaling $2.5 MM Date: 6/5/2009 1:13 PM
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http://finance.yahoo.com/news/Fuel-Tech-Awarded-Multiple-bw-...

"Press Release Source: Fuel Tech, Inc.

Fuel Tech Awarded Multiple Air Pollution Control Orders Totaling $2.5 Million

* On Thursday June 4, 2009, 2:34 pm EDT

WARRENVILLE, Ill.--(BUSINESS WIRE)--Fuel Tech, Inc. (NASDAQ: FTEK - News), a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, today announced receipt of multiple air pollution control contracts totaling $2.5 million.

Principal among these were several orders for HERT™ High Energy Reagent Technology™ systems, which utilize Selective Non-Catalytic Reduction (SNCR) for nitrogen oxide (NOx) control. These initiatives include an equipment order by a Midwestern utility in response to the Clean Air Interstate Rule (CAIR), as well as orders by two Northeastern utilities, one for a HERT system upgrade and the other for a HERT system demonstration.

In addition to the foregoing, engineering and equipment orders were received for a NOxOUT® SNCR system for a municipal solid waste incinerator in France. Lastly, a number of supplemental equipment orders were placed for previously secured business, most notably for burner-related activities in Chile.

“Order flow is building at Fuel Tech, especially for our recently acquired HERT system product line,” commented John F. Norris Jr., President and Chief Executive Officer. “As we have previously noted, the reinstitution of CAIR in late December 2008 has resulted in a strong pick-up in quotation activity, which we are now in a better position to address with our expanded suite of low capital cost approaches for NOx reduction.”

About Fuel Tech

[...]"


Regards, Ken (Long FTEK)
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