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Enerkem Receives Cleantech Award from AlwaysOn GoingGreen

Company Selected as a Leading Green Technology Innovator for 2009

MONTREAL, March 11 /PRNewswire/ - Enerkem Inc. today announced it has received one of the GoingGreen East Top 50 Private Company 2009 awards. The GoingGreen East 50 Award is given to the top 50 private, emerging companies creating new business opportunities in green technology. Enerkem was selected by the AlwaysOn editorial team based on demonstration of growth, market opportunity and quality of innovation.

"Our company is honored to receive this recognition as one of GoingGreen's Top 50 emerging green technology companies in the U.S. andCanada in the category of clean energy," said Mr. Vincent Chornet, President and Chief Executive Officer of Enerkem. "We are committed to sustainably producing fuels and green chemicals close to the point of consumption in order to increase energy independence and reduce greenhouse gas emissions while contributing to a greener economy."

Enerkem and the other GoingGreen East winners were recognized at the GoingGreen East Conference at the Four Seasons inBoston, MA, on March 9-11. This executive conference features presentations and high-level debates from CEOs including Enerkem's Vincent Chornet, journalists, industry experts, investors and greentech executives.

"The GoingGreen East 50 companies have demonstrated their tenacity even in the toughest economic conditions the technology world has ever encountered," said Tony Perkins, founder and editor of AlwaysOn. "We applaud their success in pushing the boundaries of innovation, creating market opportunities and transforming the industry even in the earlier stages of their businesses."

The GoingGreen East 50 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2009 list.

About Enerkem

Enerkem (www.enerkem.com) is leading the development and production of next-generation biofuels and green chemicals with its unique gasification, sequential gas conditioning and catalysis technology capable of using a mix of feedstock such as sorted municipal solid waste, forest biomass and agricultural residues. The company is headquartered inMontreal, Quebec, and has engineering offices inSherbrooke, Quebec. It has a pilot plant in operation since 2003 inSherbrooke, Quebec. Its first commercial-scale ethanol plant based inWestbury, Quebec, is in its start-up phase and the company will soon begin the construction of a third plant inEdmonton, Alberta, that will transform sorted household waste into biofuels. Enerkem is a private company financed by leading US venture capital firms Rho Ventures and Braemar Energy Ventures, the Canadian investment fund BDR Capital and the Company's management.

About AlwaysOn

AlwaysOn (www.goinggreen.goingon.com) ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Summit at Stanford, OnMedia, OnHollywood, GoingGreen East and West, Venture Summit East and West) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.

SOURCE Enerkem Inc.

Tags: Enerkem Award Green, cleantech

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