CoaLogix Has Been Awarded Five New Contracts for About $3,000,000
 
New and Existing Customers put their trust in CoaLogix and the NOxAssure Program

Charlotte, NC, August 10, 2009 – CoaLogix announced today that its SCR-Tech, LLC subsidiary has received five new contracts for selective catalyst reduction (SCR) regeneration and management services worth approximately $3 million. CoaLogix, a leader in SCR environmental services for electric utilities, signed these new contracts with five separate electric utility companies.   The electric utility companies cover several geographical regions in the US, including one contract for a utility outside the US.

CoaLogix has experienced remarkable growth over the past year.  Through the first half of 2009, the company expects its revenues to almost equal revenues for all of 2008.  Customers have trusted CoaLogix’s strategy oriented services and technical expertise. Over the past seven years, CoaLogix has proven that regenerated catalyst costs less than new, can be available faster than purchasing new catalyst, significantly reduces landfill and has a much lower CO2 footprint than new catalyst.  To date, CoaLogix has regenerated over 14,000 modules of catalyst, many during actual plant outages.
    
According to Bill McMahon, CEO of CoaLogix:  “The confidence in our process and services that is exhibited with these five contracts is humbling.  The fact that three out of the five contracts are from new customers exhibits the increase in services that coal-fired plants will require in the near future.  The majority of this work will be completed this year and is only possible because of our plant expansion completed in the last year.”


About CoaLogix
CoaLogix is focused on providing cutting edge services to coal-fired generating facilities to reduce their environmental footprint through technology, optimization and efficiency improvements.  CoaLogix owns SCR-Tech, LLC which is a 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 contain approximately $1 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 is owned by Acorn Energy, Inc. and EnerTech Capital.  

About Acorn Energy
Acorn Energy, Inc. is a publicly traded holding company (NASDAQ: ACFN) 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.

Safe Harbor Statement
This press release includes forward-looking statements, which are subject to risks and uncertainties.  These risks and uncertainties include competition in the market for catalyst and regeneration and possible adverse changes in governmental regulations affecting utilities’ need for catalyst.  For disclosure of additional risks and uncertainties which may affect CoaLogix's business and prospects and Acorn Energy, Inc.’s business generally, see the information under "Risk Factors" in Acorn Energy's most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K as filed with the Securities and Exchange Commission.

For more information about CoaLogix, call (704) 827-8933, email This e-mail address is being protected from spambots. You need JavaScript enabled to view it . Or visit www.CoaLogix.com.

Press Contact:
Lloyd Swaringer
Marketing Manager
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704-812-4068 direct