CoaLogix’ SCR-Tech Signs Five Year Contract Establishing Provisions for Regeneration of American Electric Power (AEP)’s SCR Catalyst

According to Bill McMahon, CEO of CoaLogix, "This is the second long-term agreement that a major utility company has entered into with SCR-Tech in less than a year. To be selected by a utility such as AEP to perform such a critical environmental service is truly an honor. We expect almost all utilities to include regeneration in their catalyst management strategy to help them be more profitable and efficient in their operations. We will utilize both regeneration plants here in Charlotte to serve this contract."

CoaLogix has proven that regenerated SCR catalyst:

Costs approximately 40% less than new

Has a shorter lead time than new catalyst

Eliminates the burden of land filling used catalyst

Reduces the carbon footprint by 66% in comparison to new catalyst production

To date, CoaLogix has regenerated over 21,000 modules of catalyst, many during actual plant outages. In addition, CoaLogix has over 40,000 MW under contract for catalyst management services. CoaLogix’ NOxAssure program currently consists of over 3,000 modules of plate, honeycomb and corrugated catalyst of various specifications, representing over $30,000,000 of "new value" to coal-fired power plants.

About American Electric Power

AEP ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765 kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP’s transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP’s utility units operate as

CoaLogix Inc. is focused on providing innovative services to coal-fired generating facilities to reduce their environmental footprint through technology, optimization and efficiency improvements. CoaLogix owns SCR-Tech, LLC which is the leading provider of selective catalytic reduction (SCR) management services and catalyst regeneration technologies used by coal-fired power plants to reduce nitrogen oxides (NOx) emissions. Currently, coal-fired power plants contain approximately $1.5 billion of catalyst in their SCR systems. CoaLogix also owns CoaLogix Tech which is a provider of SO3 mitigation systems to coal-fired power plants. CoaLogix integrates leading-edge technologies, a highly skilled workforce, and more than 160 years of combined senior management experience in the environmental and power generation industries to provide innovative, cost-effective solutions that help our customers achieve and maintain compliance with increasingly stringent environmental regulations. CoaLogix major investors are Acorn Energy, Inc. and EnerTech Capital.