Evergreen Energy Inc Announces Stockholder Approval of Name Change
November 09 2006 - 4:00PM
PR Newswire (US)
DENVER, Nov. 9 /PRNewswire-FirstCall/ -- Evergreen Energy Inc
(NYSE:EEE) today reported that its stockholders have approved its
name change from KFx Inc to Evergreen Energy Inc. A special meeting
of stockholders was held this morning, in accordance with the
Bylaws of the Corporation and the Delaware General Corporation Law.
At this meeting, over 99% of the voting shares were in favor of
adopting the name change. The Company's Board of Directors approved
the name change on September 19, 2006, and the Company has been
doing business as Evergreen Energy Inc since September 25, 2006.
"We believe that our name Evergreen Energy Inc reflects the
position that our company offers an immediate economical,
environmental and efficiency improvement to coal, which is our
nation's largest domestic energy source," commented Mark Sexton,
Chairman and CEO. "We think our K-Fuel(TM) Refined Coal can be of
immediate value to regulators and the new Congressional leadership
as our country re-emphasizes energy and environmental solutions."
About Evergreen Energy Inc Evergreen Energy Inc is leveraging a
vertically integrated, coal-based platform to deliver combined
energy, environmental and economic solutions, producing clean,
efficient and affordable energy. Evergreen Energy is meeting the
specific needs of vital industrial, international and public
utility market customers. Our proprietary K-Fuel(TM) process uses
heat and pressure to physically and chemically transform high
moisture, low BTU coals into a more energy efficient, lower
emission fuel. A co-benefit of the K-Fuel(TM) process is the
removal of significant amounts of mercury and reductions in the
emissions of carbon dioxide, sulfur dioxide and nitrogen oxides.
Please visit http://www.kfx.com/ for more information. DATASOURCE:
Evergreen Energy Inc CONTACT: Analysts and Investors, Karli
Anderson, Director of Investor Relations, or Media and Public
Affairs, Paul Jacobson, Vice President of Corporate Communications,
both of Evergreen Energy Inc, +1-303-293-2992 Web site:
http://www.kfx.com/
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