Krumme, 203-425-9830Vice President, Investor Relations Copyright Business Wire 2009. INO-8875 currently in Phase 1/2 clinical trial, results anticipated mid-2009LEXINGTON, Mass.--(Business Wire)--Inotek Pharmaceuticals today presented positive preclinical results supportingthe Company`s lead clinical-stage drug candidate in glaucoma, INO-8875. These statements are only predictions and actual events maydiffer materially.Please refer to documents that Fuel Tech files from time totime with the Securities and Exchange Commission for a discussion of certainfactors that could cause actual results to differ materially from thosecontained in the forward-looking statements.Fuel Tech, Inc.John P Graham, 630-845-4500Chief Financial OfficerorTracy H. For more information, visitFuel Tech`s web site at This press release may contain statements of a forward-looking nature regardingfuture events. Thesecapabilities, coupled with the Company`s innovative technologies andmulti-disciplined team approach, enable Fuel Tech to provide practical solutionsto some of our customers` most challenging problems.
Many of Fuel Tech`s products and services rely heavily on the Company`sexceptional Computational Fluid Dynamics modeling capabilities, which areenhanced by internally developed, high-end visualization software. In addition,flow corrective devices and physical and computational modeling services areavailable to optimize flue gas distribution and mixing in both power plant andindustrial applications. is planted.Martin Atkins begins working with Johnny Rotten and Public Image Limited.revolution #2 - 1991 Chicago, Illinoisdrum machines, electronics and industrial music join hand in hand withcomputers to overthrow traditional ideas, home recording becomes a reality,commercial recording studios begin a steady decline into obsolescence. A breakdown of the nature of these customerunits is posted on the Company`s website. Fuel Tech also provides a range of combustion optimization services, includingairflow testing, coal flow testing and boiler tuning, as well as services tohelp optimize selective catalytic reduction system performance, includingcatalyst management services and ammonia injection grid tuning.
Thistechnology, in the form of a customizable FUEL CHEM program, is being applied toover 85 combustion units burning a wide variety of fuels including coal, heavyoil, biomass, and municipal waste. The Company`s FUEL CHEM® technology revolves around the unique application ofchemicals to improve the efficiency, reliability, fuel flexibility andenvironmental status of combustion units by controlling slagging, fouling,corrosion, opacity and acid plume, as well as the formation of sulfur trioxide,ammonium bisulfate, particulate matter (PM2.5), carbon dioxide and NOx. These technologies haveestablished Fuel Tech as a leader in NOx reduction, with installations on over550 units worldwide, where coal, fuel oil, natural gas, municipal waste,biomass, and other fuels are utilized. The Company`s nitrogen oxide (NOx) reduction technologies include advancedcombustion modification techniques - such as low NOx burners and overfire airsystems - and post-combustion NOx control approaches, including NOxOUT® and HERTSNCR systems as well as systems that incorporate NOxOUT CASCADE®, NOxOUT ULTRA®,Rich Reagent Injection (RRI) and NOxOUT-SCR® processes.
These technologies enable customers to produce both energy andprocessed materials in a cost-effective and environmentally sustainable manner. Moreover, with recent customer feedback ofa successful TIFI demonstration on the large coal-fired boiler, we believe FuelTech is now in a superb market development position to expand its FUEL CHEMcustomer base in China. To that end, discussions with a number of otherprospective clients are ongoing." About Fuel TechFuel Tech is a leading technology company engaged in the worldwide development,commercialization and application of state-of-the-art proprietary technologiesfor air pollution control, process optimization, and advanced engineeringservices. Norris concluded, "With this initiative, we have now been awardeddemonstrations on both large and medium-sized power generation boilers in Chinaas well as a small cogeneration unit, thereby spanning the physical sizespectrum of typical coal-fired units. In this instance, our client has encountered aparticularly difficult slagging issue, the type we have successfully treated onother coal-fired boilers using our proprietary TIFI technology. Accordingly, weare optimistic about our ability to improve the operating and financialperformance of this unit during the demonstration period." Mr.