ADA-ES Provides Update on Refined Coal Activities

ADA-ES, Inc. ADES today provided an update on the progress of activities at Clean Coal Solutions, LLC, the Company's joint venture with an affiliate of NexGen Resources Corporation and an affiliate of The Goldman Sachs Group, Inc. Clean Coal's patented coal technology, CyClean, is a cost effective coal technology used to produce Refined Coal, which reduces emissions of NOx and mercury, and qualifies for IRS Section 45 tax credits of over $6.33 per ton of coal. ADA reported that in June 2011, Clean Coal completed the first year of operation of two facilities that produce RC for four boilers at two power plants in the Midwest. In their first year of operation, the two new facilities generated approximately $20 million in revenue and about $9 million in operating income for ADA. Over the next nine years, these facilities are expected to generate between $8 and $9 million in annual operating income for ADA.