CoaLogix Inc. Selected by AlwaysOn as a GoingGreen East Top 50 Winner Recognized for Game-Changing Technology and Market Value

CHARLOTTE, N.C., March 15 /PRNewswire-FirstCall/ -- CoaLogix Inc. the leader in the regeneration and management of SCR Catalyst, announced that it has been chosen by AlwaysOn as one of the GoingGreen East Top 50 Winners. Inclusion in the GoingGreen 50 signifies major developments in the creation of new business opportunities in the green technology industries. CoaLogix was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

CoaLogix and the GoingGreen East Top 50 Companies were honored at GoingGreen East on March 8, 2010, at the Four Seasons Hotel in Boston, MA. This two-and-a-half-day executive event features CEO presentations and high-level debates on the most promising emerging green technologies and new entrepreneurial opportunities.

"The GoingGreen East Top 50 winners have excelled in key strategic areas in the global clean energy technology markets," said Tony Perkins, founder and CEO of AlwaysOn. "We congratulate them for their success in introducing new tools, services, and systems that are driving the next phase of greentech innovation and transforming the biggest industries on earth."

The GoingGreen East 50 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2009 list.

About 50% of the electric generation in the US and 40% in the world come from coal-fired power plants. As the United States and other countries look to new technologies for power generation, including coal, the environmental footprint of the existing fleet of power plants must be addressed in a holistic manner.  CoaLogix is endeavoring to accomplish this with new technologies including catalyst regeneration, which not only reduces greenhouse gases from power plants, but also reuses catalyst, obviating the need for landfill of the massive amounts of environmentally unfriendly waste caused by spent/deactivated catalyst. CoaLogix can regenerate catalyst at a fraction of the cost of new catalyst.

Bill McMahon, CEO of CoaLogix said, "We are particularly honored by this award because of the long history of the GoingGreen East organization, and being part of the impressive group of companies selected this year and in years past. On behalf of our employees, investors and especially customers, we proudly accept this award as a validation of the hard work, vision and value creation of our products and services. We will continue to reduce the environmental footprint of power generation plants including NOx, SO3, CO2 and other pollutants."

A full list of all the GoingGreen East Top 50 Winners can be found on the AlwaysOn Web site at http://alwayson.goingon.com/permalink/post/33354.

About CoaLogix Inc

CoaLogix 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 in just the US contain approximately $2 billion of catalyst in their SCR systems. 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's major investors are Acorn Energy, Inc. (Nasdaq: ACFN) and EnerTech Capital.

For more information about CoaLogix call (704) 827-8933, email [email protected] or visit www.CoaLogix.com.

About Acorn Energy

Acorn Energy, Inc. (Nasdaq: ACFN) is a publicly traded holding company with equity interests in CoaLogix Coreworx, DSIT and Gridsense. These companies leverage advanced technologies to transform and upgrade the energy infrastructure around the world. Acorn companies are focused on three problems in the energy sector: improving the efficiency of the energy grid, reducing the risk for owners of large energy assets, and reducing the environmental impact of the energy sector. Acorn's strategy is to take primarily controlling positions in companies led by great entrepreneurs. For more information visit http://www.acornenergy.com.

About EnerTech Capital

EnerTech Capital is a pioneer in the CleanTech space and has been successfully investing in energy and clean energy technology companies since 1996. The Firm brings a practical, proven and seasoned approach to its investment activities while focusing on early to expansion stage opportunities that dramatically improve the profitability of producing, transporting/transmitting or consuming fuels/power. EnerTech is located in Philadelphia and Toronto. For more information visit www.enertechcapital.com.

About AlwaysOn

AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Summit at Stanford, OnMedia, OnHollywood, OnDC, GoingGreen East and West, Venture Summit East and West) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.

SOURCE Acorn Energy, Inc.