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ADA-ES Announces Relocation of Corporate Headquarters to Accommodate Growth



  ADA-ES Announces Relocation of Corporate Headquarters to Accommodate Growth

Business Wire

HIGHLANDS RANCH, Colo. -- April 17, 2012

ADA-ES, Inc. (NASDAQ:ADES) (“ADA” or the “Company”) today announced the
relocation of its corporate headquarters to 9135 S. Ridgeline Blvd, Suite 200,
Highlands Ranch, Colorado, 80129. ADA will occupy the entire second floor
(approx. 30,000 sq. ft) of the office building, which represents a significant
increase in work space and allows the Company to consolidate personnel to a
single building from five separate buildings at its former location in
Littleton, Colorado. The move will accommodate ADA’s anticipated growth as it
builds infrastructure to meet customer-driven demands for emissions control
technology and services.

The new location features larger and more efficient office spaces, meeting
areas, as well as updated telecommunications and teleconferencing technology,
and a freshly redesigned work environment. The facility will comfortably
accommodate up to 100 employees and will also serve as the base for future
on-site seminars, training sessions, board meetings, and Company meetings. The
new location is in close proximity to major transportation facilities, hotels,
and local businesses. Additionally, ADA has the first right of refusal to
adjacent office space within the same building should the Company have further
need of expansion.

Dr. Michael Durham, President and CEO of ADA stated, “The new space allows us
to accommodate for recent rapid growth of the Company as well as extensive
additional growth expected to result from new EPA regulations limiting
emissions from coal-fired boilers. The new regulations, which were finalized
on April 16, 2012, will require 1200 coal-fired boilers to reduce emissions of
mercury and acid gases. ADA has several different control technologies to help
our power customers meet these regulations. Since 2010, we have seen our staff
increase by greater than 65%. We expect additional growth in the future and we
also expect our revenues to grow from $20 mm in 2010 to over $200 million by
the end of 2014.”

Dr. Durham concluded by inviting ADA’s friends, vendors, shareholders and
customers to an Open-House of its new facility on May 11, 2012, from 4:00 to
7:00 pm. For additional information regarding this event, please contact Marki
Morison-Gille at 303-737-1727 extension 8868.

ADA currently has 90 employees and regional offices in Illinois, Maryland,
Georgia and Pennsylvania.

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 and Dry Sorbent Injection
    (“DSI”) systems, mercury measurement instrumentation, and related
    services.
  * 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 (“RC”) CyClean^TM technology to enhance
    combustion of and reduce emissions from burning PRB coals in cyclone
    boilers and our patent pending M45^TM technology for other types of coal
    and boilers. Both technologies reduce emissions of NOx and mercury in coal
    fired 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 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 growth of the Company; amount and timing of
revenues; impact of regulations and legislation; future demand for the
Company’s products and services; 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 of regulations
and any legal challenges to them; impact of competition; availability, cost of
and demand for alternative energy sources and other technologies; technical,
start-up and operational difficulties; inability to commercialize our
technologies on favorable terms; our inability to ramp up operations to
effectively address expected growth in our target markets; failure of CCS’
leased facilities to continue to produce coal which qualifies for IRS Section
45 tax credits; termination of the leases for such facilities; decreases in
the production of RC by the lessee; seasonality; failure to monetize the new
CyClean and M-45 facilities; issues arising out of our inability to negotiate,
execute and close on definitive agreements for the license of the M-45
technology to CCS; availability of raw materials and equipment for our
businesses; loss of key personnel; intellectual property infringement claims
from third parties; 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 such statements and to consult our SEC filings
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.

Contact:

ADA-ES, Inc.
Michael D. Durham, Ph.D., MBA, President & CEO
Mark H. McKinnies, CFO
303-734-1727
www.adaes.com
or
Investor Relations Counsel
The Equity Group Inc.
www.theequitygroup.com
Devin Sullivan, 212-836-9608
DSullivan@equityny.com
or
Thomas Mei, 212-835-9614
tmei@equityny.com
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