Advanced Emissions Solutions Provides Update Closing Legal Matter Arising From Attempted 2006 Acquisition by Subsidiary

Advanced Emissions Solutions Provides Update Closing Legal Matter Arising From
Attempted 2006 Acquisition by Subsidiary

HIGHLANDS RANCH, Colo., Sept. 12, 2013 (GLOBE NEWSWIRE) -- Advanced Emissions
Solutions, Inc. (Nasdaq:ADES) (the "Company") has filed a Form 8-K with the
Securities and Exchange Commission disclosing a Non-Prosecution Agreement
("NPA") entered into between the United States Attorney's Office for the
Eastern District of Texas ("DOJ") and Company subsidiaries ADA-ES, Inc. and
ADA Environmental Solutions, LLC ("ADA").Pursuant to the NPA, which concluded
the investigation, the DOJ has agreed not to assess fines or pursue any
criminal, civil, or administrative action against ADA and its current or
former employees, agents, officers, and directors with respect to allegations
that ADA misappropriated trade secrets with regard to the manufacture of
activated carbon.The NPA resulted from a confidential DOJ investigation of
events arising out of an attempted acquisition by ADA of Norit in 2006 which
led to the civil litigation brought by Norit against ADA in 2008 for alleged
misappropriation of trade secrets. The dispute with Norit was settled by ADA
in 2011 after extensive litigation and arbitration.The DOJ recently contacted
ADA concerning its investigation. ADA fully cooperated with the DOJ and the
parties agreed to enter into the NPA to swiftly resolve the investigation. 

In the NPA ADA acknowledges that prior to 2009, it inappropriately maintained
confidential information that had been provided to it by another company and
affirms that it will continue to comply with the settlement agreement with
Norit dated August 29, 2011 (which was previously disclosed by ADA in a Form
8-K filed with the SEC on August 30, 2011) and continue with the training
programs and compliance checks that ADA proactively implemented two years ago
to safeguard confidential information.The execution of the NPA and continued
implementation of the steps already taken to address this matter, close out
the DOJ investigation.

Commenting on the NPA, the Company's Chairman of the Board, W. Phillip Marcum,
stated, "The NPA confirms that the investigation has been successfully
concluded, without material adverse impact, and brings to a close the issues
arising out of the dispute with our former business partner.The NPA also
confirms that the programs we instituted two years ago are appropriate and
adequate. We are glad that this matter was quickly concluded and we look
forward to the significant opportunities in our Refined Coal and MATS
compliance businesses."

About Advanced Emissions Solutions, Inc.

Advanced Emissions Solutions, Inc. (Nasdaq:ADES) serves as the holding entity
for a family of companies that provide emissions solutions to customers in the
power generation and other industries.

ADA-ES, Inc. ("ADA") supplies Activated Carbon Injection ("ACI") for mercury
control, Dry Sorbent Injection ("DSI") for acid gases, and technology services
and other offerings in support of our customers' emissions compliance
strategies.ADA's M-Prove™ technology, which reduces emissions of mercury and
other metals from PRB coal, is applied directly to coal at power plants, or
offered through a licensing agreement with Arch Coal for application at their
mines.In addition, we are developing technologies to advance cleaner energy,
including CO2 emissions control technologies through projects funded by the
U.S. Department of Energy ("DOE") and industry participants.

Clean Coal Solutions, LLC ("CCS"), is a 42.5% owned joint venture by ADA that
provides ADA's patented Refined Coal ("RC") CyClean™ technology to enhance
combustion of and reduce emissions of NOx and mercury from coals in cyclone
boilers and ADA's patent pending M-45™ and M-45-PC™ technologies for
Circulating Fluidized Boilers and Pulverized Coal boilers respectively.
Advanced Emissions Solutions consolidates the results of CCS in its financial
statements.

BCSI, LLC is a custom designer and fabricator of engineered emissions control
technologies, bulk material handling equipment, bulk storage systems,
water/waste water treatment equipment, and custom components.BCSI supplies
Dry Sorbent Injection ("DSI") for acid gas control using its technologically
advanced cool, dry conditioned conveying air systems. BCSI's technical
solutions serve a wide range of industrial clients including: coal fired
utilities, water treatment, wastewater, cement kilns, food processing and
industrial boilers. BCSI employs engineers and trade professionals at a
190,000+sq. ft. fabrication and office facility located in McKeesport, PA.

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 expectations regarding significant opportunities in our RC,
ACI and DSI businesses. 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, regulations and IRS interpretations or guidance, economic
conditions and market demand; timing of laws, regulations and any legal
challenges to or repeal of them; failure of the RC facilities to produce coal
that qualifies for tax credits; termination of or amendments to the contracts
for RC facilities; decreases in the production of RC; availability, cost of
and demand for alternative tax credit vehicles and other technologies;
technical and operational difficulties; availability of raw materials and
equipment; 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: Graham Mattison
         Vice President, Investor Relations
         (646) 319-1417
         graham.mattison@adaes.com

company logo
 
Press spacebar to pause and continue. Press esc to stop.