WORTHINGTON, Ohio, March 26, 2013 /PRNewswire/ -- Midwest Energy Emissions Corporation (OTCBB: MEEC), announced today the retention of Lytham Partners, LLC to conduct a national investor relations program.
Midwest Energy Emissions Corporation delivers to electric utilities patented and proprietary technologies to remove mercury from coal and oil-fired power plant emissions. The U.S. Environmental Protection Agency's (EPA) Mercury and Air Toxic Standards (MATS) rule requires all coal and oil-fired power plants in the U.S. - larger than 25 mega-watts - to remove 90% of the mercury from plant emissions by April 16, 2015. MEEC employs its patented technology, proven to achieve mercury reduction levels at or beyond compliance with MATS, at a significantly lower cost and with less balance-of-plant (BOP) impacts than generally used methods. These critical BOP benefits include low overall plant infrastructure, system corrosion and reduced fly-ash degradation.
John Norris, Jr., chairman and chief executive officer of Midwest Energy Emissions Corporation Company, commented, "We have made great progress in positioning MEEC to address the upcoming EPA MATS requirements for coal and oil-fired power plants. The ability to operate these plants in an environmentally responsible manner – with a cost effective mercury solution - will benefit consumers throughout the U.S. towards maintaining access and affordability to the power that is such an important part of our everyday lives."
"As we continue to execute on our strategic business plan", Mr. Norris continued, "we believe the time is right to expand our visibility within the national investment community. Lytham Partners has a demonstrated track record of broadening the visibility of leading-edge companies with disruptive technologies that deliver a unique value proposition to the markets they serve. We look forward to a great collaboration that will enhance shareholder value in the years to come."
Joseph Diaz, managing partner of Lytham Partners, LLC, commented, "We are highly impressed with the capabilities of MEEC's patented and proprietary technology to address the requirements of the EPA's mercury reduction emissions mandate. In addition to the regulatory requirements that need to be met, there is also a strong social imperative to produce electrical power in an environmentally friendly manner. We believe that MEEC's technology can be the leading-edge solution to accomplish these highly desired results. Additionally, the MEEC management team has more than 85 years of utility industry experience and a high level of credibility among their current and future customers. We are pleased to have been chosen by the company for this important assignment."
About Lytham Partners
Lytham Partners, LLC provides expertise and guidance to small-cap companies in the healthcare, technology, services, agricultural, industrial, aerospace and defense segments, as well as the consumer and capital goods industries. The firm is dedicated to generating substantive communications programs with an emphasis on developing management credibility via data, clear articulation of achievable strategic plans, and timely interaction with investors. For more information visit our website at www.lythampartners.com.
About Midwest Energy Emissions Corporation (MEEC)
Midwest Energy Emissions Corporation delivers cost effective mercury capture technologies to power plant and other large industrial coal-burning units in the United States and Canada. The Company's proprietary technology allows customers to meet the new, highly restrictive standards the U.S. EPA has set for mercury emissions, in an effective and economical manner with the least disruption to the current equipment and on-going operations. For more information, refer to the Company's website at www.midwestemissions.com.
Safe Harbor Statement
Statements in this release that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied in this release. Matters that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the gain or loss of a major customer, change in environmental regulations, disruption in supply of materials, a significant change in general economic conditions in any of the regions where our customer utilities might experience significant changes in electric demand, a significant disruption in the supply of coal to our customer units, the loss of key management personnel, failure to obtain adequate working capital to execute the business plan and any major litigation regarding the Company. In addition, this release contains time-sensitive information that reflects management's best analysis only as of the date of this release. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance related to forward-looking statements contained in this release can be found in the Company's periodic filings with the Securities and Exchange Commission.
Robert Blum, Joe Dorame, Joe Diaz
Lytham Partners, LLC
SOURCE Midwest Energy Emissions Corporation
Released March 26, 2013