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Evergreen Energy Inc Announces First Quarter 2009 Financial Results.

Publication: Business Wire
Publication Date: 08-MAY-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Transitioning to Commercialization Stage with GreenCert([R]), K-Fuel([R]) Technologies

DENVER -- Evergreen Energy Inc. (NYSE Arca:EEE), a green energy technology solutions company, today reported its financial results for the first quarter of 2009. The company will discuss its repositioning as a green technology company, its growth strategy and the first quarter financial results on its conference call at 9:00 a.m. MDT / 11:00 a.m. EDT this morning, details of which appear at the end of this press release.

"During the first quarter we continued our transition towards becoming a green technology company that possesses proven, highly relevant cleaner coal and carbon information management technologies," said Kevin R. Collins, president and chief executive officer. "We hit several key milestones with our C-Lock([R]) technology, including receiving our first licensing fee. We have also moved closer to the commercialization of K-Fuel([R]) and are working diligently to build our market position in Asia, a region we believe offers compelling opportunities given its large reserves of lower-rank...

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