Midwest Energy Emissions Corp (ME2C) Signs Letter of Intent to Perform a Demonstration of Its Mercury Removal Technology With a Midwest Energy Company
WORTHINGTON, OH -- (Marketwire) -- 04/12/12 -- Midwest Energy Emissions Corp (OTCBB: MEEC), a mercury emission capture technology company for power plants and other coal burning units, announced today that it has signed a letter of intent with a Midwest energy company to perform a demonstration of its mercury removal technology on two of the power company's electric generating units (EGU). The demonstration will be done this summer subject to the power markets allowing the EGU to run at sufficient capacity to fully be able to demonstrate the effectiveness of ME2C technology.
Alan Kelley, President and COO of ME2C, commented, "Demonstrations such as these are very useful for utilities to see the effectiveness of our technology to remove mercury from their units. We anticipate doing more of these as utilities prepare to meet the mercury emissions limits set to begin in 2015 under the new EPA MATS rule."
About Midwest Energy Emissions Corp. (ME2C)
We deliver cost effective mercury capture technologies to power plant and other large industrial coal-burning units in the United States and Canada. Our proprietary technology allows customers to meet even the new, highly restrictive standards the U.S. EPA has set for mercury emissions, in an effective and economical manner with the least disruption to the current equipment and on-going operations. For more information, see our website at www.midwestemissions.com.
Statements in this release that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied in this release. Matters that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the gain or loss of a major customer, change in environmental regulations, disruption in supply of materials, a significant change in general economic conditions in any of the regions where our customer utilities might experience significant changes in electric demand, a significant disruption in the supply of coal to our customer units, the loss of key management personnel, failure to obtain adequate working capital to execute the business plan and any major litigation regarding the Company. In addition, this release contains time-sensitive information that reflects management's best analysis only as of the date of this release. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance related to forward-looking statements contained in this release can be found in the Company's periodic filings with the Securities and Exchange Commission.
CONTACT: Jeffrey E. Davis Director, Corporate Communication & Investor Relations (614) 505-6115
Source: Midwest Energy Emissions Corp.
Released April 12, 2012