NewStream Energy Technologies Group Inc (NSGP)

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Also from RBC Direct Investing:

Clean Coal Technologies Takes a Strategic Step Towards Commercializing its Technology
01 Dec 2010 - ACQUIREMEDIA
CORAL SPRINGS, Fla.--(BUSINESS WIRE)--Dec. 1, 2010-- Clean Coal Technologies, Inc., CCTI, (Pink Sheets: CCTC), a clean energy technology company based in Manhattan, New York, today announced the signing of an exclusive agreement with Morgan Brown Ayres & Company, Inc., ("MBA"). Headquartered in Houston, Texas, MBA is a private, relationship based vehicle, with an emphasis directed to the "clean energy/services" market in the field of municipal solid waste, coal and coal related by-products, and whose principals' experience span multiple decades back to the 1950's. Ed A. Ayres is MBA’s President and CEO.

MBA is immediately commencing negotiations for the funding and construction of one or multiple CCTI plants with a sizeable US utility which operates multiple coal-fired power generation plants across the country.

Robin Eves, CCTI Chief Executive Officer and member of the Board of Directors of the Company, says, "Because of their extensive and proprietary relationships within the US utility market, the agreement with MBA is an important step in commercializing and validating CCTI’s market leading technology in the USA to clean coal prior to its combustion. Negotiations are on a fast track as it is everyone’s interest for this to succeed. I believe, this will go a long way in commercializing the technology, not only here in the U.S., but will also help demonstrate the commercial viability of our technology as we make efforts to market this product globally."

Robin Eves continued, "Our success in entering into this agreement is directly attributable to the expanded relationships and market development resources afforded to our Company through the recent structural changes adopted by CCTI, and bears testimony to the value and acceptance of our technology by the user and investment community. I expect the ongoing efforts by our team will continue to add significant value to our shareholders in the long term as we take advantage of the expanding business opportunities identified by CCTI both domestically and abroad."

The signing of this agreement is a part of a multiple of initiatives that the company’s restructured Management and Board has taken over the last few months.

Clean Coal Technologies (CCTI)

CCTI (http://www.cleancoaltechnologiesinc.com) owns a patented process technology to design and build green, state of the art plants, which convert coal into a clean burning fuel source utilizing a patented pre-combustion beneficiation process. The Company's patented end product "PRISTINE™" coal is significantly more efficient, less polluting, more cost effective, and provides more heat than untreated dirty coal. The principal elements of this pre combustion technology are based on well-proven, off the shelf components and equipment. Its clean coal technology reduces some 90% of chemical pollutants from coal thereby resolving emission issues affecting coal-fired power plants.

Matters discussed in this press release contain forward-looking statements. Investors are cautioned that such forward-looking statements involve risk and uncertainties, which could significantly impact the actual results, performance or achievements of the Company. Such risks and uncertainties include, but are not limited to, the time frame for production of revenue, product development and commercial introduction, the impact of rapid price and technological change and competition, manufacturing and supply uncertainties and other risks.



Source: Clean Coal Technologies, Inc.
Clean Coal Technologies, Inc.

Robin Eves, 646-710-3549