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Evergreen Energy Launches Private Beta Testing of EMIT to the Carbon Information and Content Community

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DENVER - (BUSINESS WIRE) - Evergreen Energy Inc. (NYSE Arca: EEE), a green energy technology solutions company, deployed, on a limited basis, the private beta version of its GreenCert EMIT (Emissions Monitoring Inventory Tracking), a software as a service (SaaS) offering. EMIT will be generally available to the public in the third quarter, 2010.

GreenCert EMIT will enable customers to publicly view submitted emissions data with enhanced drill down capabilities via the internet. The private beta test was developed jointly with Corent Technology using OpSource Cloud hosting services. It is available at http://greencert.corenttechnology.com.

"We are excited to have launched the private beta testing for GreenCert EMIT, representing a significant step toward completing our product development efforts," said Miles Mahoney President and COO of Evergreen. "GreenCert EMIT enables power plant managers to conduct comparative analyses of operational efficiencies and greenhouse gas (GHG) performance relative to their peers and helps target high-ROI opportunities for efficiency investments by both regulated and non-regulated companies. In addition to providing clients with a tool for a deeper analysis of their total GHG output, GreenCert EMIT offers energy professionals a destination for tools, articles, blogs and discussions related to the latest research and trends with respect to GHG emissions and the carbon credit market."

GreenCert EMIT Product Features

GreenCert EMIT is a community site for energy professionals that offer a rich set of analytic tools, whitepapers, blogs, and discussions related to the latest research and trends with respect to GHG emissions and the carbon credit market. EMIT's analytic tools provide the following capabilities.

  • Meaningful and actionable reports with the following outputs such as: dashboards with drill down capabilities; graphs; tables; and time scales
  • Strong analytic toolset for deep dive analysis
  • Comparison functionality from country level down to individual units
  • Ability to view emissions performance metrics such as RATA tests, daily calibrations, and linearity tests
  • Warning flag prompts indicating areas of concern

Michael Gionfriddo, CTO of Evergreen, stated, "EMIT provides Evergreen with a rapidly-deployable solution that we expect will drive brand-awareness for our GreenCert suite of solutions, as well as generate opportunities to transition sales to our GreenCert Energy 2.0 on-premise solution."

Evergreen Energy Inc.

Evergreen Energy Inc. (NYSE Arca: EEE) has developed two proven, proprietary, patented, and transformative green technologies: the GreenCert suite of software and services and K-Fuel. GreenCert, which is owned exclusively by Evergreen, is a science-based, scalable family of environmental intelligence solutions that quantify process efficiency and greenhouse gas emissions from energy, industrial and agricultural sources and may be used to create verifiable emission reduction credits. K-Fuel technology significantly improves the performance of low-rank coals, yielding higher efficiency and lowering emissions. Visit www.evgenergy.com for more information.

Safe Harbor Statement

Statements in this release that relate to future plans or projected results of Evergreen Energy Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended by the Private Securities Litigation Reform Act of 1995 (the "PSLRA"), and Section 21E of the Securities Exchange Act of 1934, as amended by the PSLRA, and all such statements fall under the "safe harbor" provisions of the PSLRA. Our actual results may vary materially from those described in any "forward-looking statement" due to, among other possible reasons, the realization of any one or more of the risk factors described in our annual or quarterly reports, or in any of our other filings with the Securities and Exchange Commission, all of which filings any reader of this release is encouraged to study. In addition, our ability to execute our business plan and develop the GreenCert or K-Fuel technologies may be adversely impacted by an unfavorable decision in the Buckeye litigation which could result in a damage award against the Company, adversely impacting our ability to utilize the proceeds received from the sale of Buckeye, raise significant additional capital or effectively complete any restructure transaction on a timely basis to fund our business operations. Readers of this release are cautioned not to put undue reliance on forward-looking statements.

Evergreen Investor Contact:
Lippert / Heilshorn & Associates
Kirsten Chapman & Becky Herrick, 415-433-3777
bherrick@lhai.com



 
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