BATAVIA, Illinois, January. 07, 2008 (BUSINESS WIRE) — on December 13, 2007, Merriman Curhan Ford and CO (MCF) gave report on Fuel Tech, Inc. out (Nasdaq: FTEK) to are based and to a large extent by “one independent study to estimate became, die with includes a lining of the industrial experts.” This “study” independent from panel Intelligence, from LLC, a altogether possessed subsidiary of MCF accomplished Die study available the following week was formed and anonymous participants was more veranschlagener to a large extent Fuel Tech has characterized seven and associated die most these participants and with some from them (or of its management) is with it in agreement ge$$$WESEN, “on record” with truth over this report from the MCF’s lining intelligence to go. Is here, which they say must: Two the participant energy solutions were and from its subsidiary, Quinapoxet solutions from the Breen. The letter in their name is Mr. Ben Breen, which is President of the Breen energy solutions: “my intentions, if they connected die WOOD PRESERVATION LINING, were, to contribute my expertise to the technical evaluation and estimate viability/validity from processes and from products involved in: 1. And of anti-cinder 2nd and 1964 Since of wood preservation (additives technology) within this same power station steam boiler, I led reduction of nitrogen oxide mission of the power stations (particularly SNCR technology) research and catch development and formed several nationally/internationally recognized die companies, die successful business in these two run to let. Entirely, I believe the fact that I mislead nature regarding and the purpose of this report war, which market seems on herabsetzenFuel Tech potential and on die effectiveness of its technologies concentrated. Potential for die SNCR technology market in the hundreds of units and in the hundreds of millions Dollar, far beyond is measured, what one the participant suggested as merely 10 units. This suggestion seemed unrealistically or appropriately negative. SNCR market potential can the further be, which is extended with the technological supply, die feed bakes the functioning information also to include; like temperature and die ammonium Bi sulfate test prod, die mine Company, developed BES, and at present markets. Similarly die note of lining is more member that reached steam boilers through more maximally market anti-anti-lie-went fuel additives already arose, absurd. I believe that reached through current market greatly be extended can, particularly if instrument equipment monitor for material time ignition, to the soot impact and chemical injections to optimize effectively am unfolded. Additionally reduced Fuel Tech Fuel Chem process, expenditures drastically SO3 however could be more further increased with material time SO3 back discussion controls, die We actively in both from those instrument equipment ranges work on. Mine Company advises and leads services in these catches through and no better note for die Fuel Techtechnologie is this we work, to their technology ergaezunzen, whenever possible.” The participant, who had die negative things too say over Fuel Tech, war participant die NR. 6, characterized in report as a “manager” at the Westar energy. That person Mr. Terry Maddox writes here and war, which Mr. Doug Sterbenz, ExecutivPresident and is Chief functioning VizeOfficer of Westar energy, over this: “in the lining intelligence copy, Mr. Maddox as” a manager marked “, who of Westar it is employed energy, die We to believe, this description may lead more reader, to that Mr. Maddox von Westar Energy was authorized, die statements to deliver, die in the copy and was enclosed that Westar energy for die accuracy and die truth of the statements delivered of the Mr. Maddox. We want, in order to be absolutely safe it vouches to conclude understand that this the case is not. Westar energy authorized Mr. Maddox to participate to lining intelligence lining discussion or to form no statements about it company or its products in lining discussion, and Mr. Maddoxs, who takes without company authorization to these activities, war an injury of company politics. In addition authorized Westar energy not its names, in lining intelligence report to be included We to believe also that you should consider that Mr. Maddox not hold position at the Westar energy, die with mainleader and officerpositionen held by four the participant are comparable, die to lining discussion participated. Kw_position held by Mr. Maddox the manager is and implements in the energy center Jeffrey of the Westar energy. It reports die person, die for everyday life management of the enterprise is responsible. Gentleman. Maddox is more officer neither a Westar energy nor the member crew of the older management of the Westar energy. In addition to the statements in the lining, I understand intelligence copy that Mr. product may Maddox additional statements to others this put their companys into negative light formed. Westar energy in none way endorses any of the statements, die of Mr. Maddox to be delivered or any research, whom he maintained may, as if support for any of the statements lead.” Fuel Tech believes to know that you earn, truth Die full letters of Mr. Breen and of Mr. Sterbenz on our web site www.ftek.com is on communicated. SOURCE: Fuel Tech, Inc. Fuel Tech, Inc. Vincent J. Arnone, Chief 630-845-4500 financial more Officer or Tracy H. bent one, 203-425-9830 VizePresident, relations between the investors secure Business Wire 2008 copyright
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