Hudson Technologies Amends and Increases Credit Facility with PNC to $40 Million

  Hudson Technologies Amends and Increases Credit Facility with PNC to $40
  Million

Business Wire

PEARL RIVER, N.Y. -- February 21, 2013

Hudson Technologies, Inc. (NASDAQ: HDSN), announced that it has amended its
secured revolving credit facility with PNC Bank, National Association (“PNC”)
to increase the maximum loan amount available under the facility to $40
million from $27 million.

Kevin J. Zugibe, Chairman and Chief Executive Officer of Hudson Technologies
commented, “We are pleased with the enhanced financial flexibility that the
increased borrowing availability under the facility provides Hudson as we
continue to pursue our growth objectives, and we appreciate PNC’s ongoing
support.”

Additional details regarding the amended credit agreement can be found in the
Form 8-K filed with the Securities and Exchange Commission on February 20,
2013.

About Hudson Technologies

Hudson Technologies, Inc. is a leading provider of innovative solutions to
recurring problems within the refrigeration industry.Hudson's proprietary
RefrigerantSide^® Services increase operating efficiency and energy savings,
and remove moisture, oils and other contaminants frequently found in the
refrigeration circuits of large comfort cooling and process refrigeration
systems.Performed at a customer's site as an integral part of an effective
scheduled maintenance program or in response to emergencies, RefrigerantSide^®
Services offer significant savings to customers due to their ability to be
completed rapidly and at higher purity levels, and can be utilized while the
customer's system continues to operate. In addition, the Company sells
refrigerants and provides traditional reclamation services to the commercial
and industrial air conditioning and refrigeration markets.For further
information on Hudson, please visit the Company's web site at
www.hudsontech.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995

Statements contained herein which are not historical facts constitute
forward-looking statements. Such forward-looking statements involve a number
of known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Such factors include,
but are not limited to, changes in the markets for refrigerants (including
unfavorable market conditions adversely affecting the demand for, and the
price of, refrigerants), the Company's ability to source refrigerants,
regulatory and economic factors, seasonality, competition, litigation, the
nature of supplier or customer arrangements which become available to the
Company in the future, adverse weather conditions, possible technological
obsolescence of existing products and services, possible reduction in the
carrying value of long-lived assets, estimates of the useful life of its
assets, potential environmental liability, customer concentration, the ability
to obtain financing, risks associated with the Company’s joint venture which
include the ability of the parties to perform their obligations under the
joint venture agreement, any delays or interruptions in bringing products and
services to market, the timely availability of any requisite permits and
authorizations from governmental entities and third parties as well as factors
relating to doing business outside the United States, including changes in the
laws, regulations, policies, and political, financial and economic conditions,
including inflation, interest and currency exchange rates, of countries in
which the joint venture may seek to conduct business, the Company’s ability to
successfully integrate any assets it acquires from third parties into its
operations, and other risks detailed in the Company's periodic reports filed
with the Securities and Exchange Commission. The words "believe", "expect",
"anticipate", "may", "plan", "should" and similar expressions identify
forward-looking statements. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date the
statement was made.

Contact:

Investor Relations:
Institutional Marketing Services (IMS)
John Nesbett or Jennifer Belodeau, 203-972-9200
jnesbett@institutionalms.com
or
Company:
Hudson Technologies, Inc.
Brian F. Coleman, 845-735-6000
President & COO
bcoleman@hudsontech.com
 
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