Midwest Energy Emissions Corp. Reaches License Agreement with Large North American Utility

Arrangement Reached with Fourth Utility DefendantCORSICANA, TX, Jan. 19, 2021 (GLOBE NEWSWIRE) — Midwest Energy Emissions Corp. (OTCQB: MEEC) (“ME₂C” or the “Company”), a leading environmental technologies firm, today announced the signing of an agreement to provide a large, North American utility (the “utility”) with a non-exclusive license to certain ME₂C patents related to the Company’s two-part Sorbent Enhancement Additive (SEA^®) process for mercury removal from coal-fired power plants, for use in connection with the utility’s coal-fired power plants.As a result of the agreement being announced today, ME₂C has agreed to dismiss all claims brought against the utility in the patent litigation initiated by ME₂C, and the utility has agreed to withdraw from petitions for Inter Partes Review which had been filed with the United States Patent and Trademark Office pertaining to such patents. Legal proceedings will continue with respect to the remaining “refined coal” entities.“This agreement with the last of the four major national utility defendants named in our previously disclosed patent litigation is a testament to the value proposition our innovative solutions bring to the U.S. coal-fired fleet,” said Richard MacPherson, President and Chief Executive Officer of ME₂C. “As a result of these successful arrangements, we have secured patent recognition from leading power producers. Our technologies are depended upon and in use by roughly 44% of the entire U.S. coal-fired fleet. As a result of the agreements having now been reached with each of the parties to the Inter Partes Reviews, we expect the United States Patent and Trademark Office to terminate such proceedings.“With a solid business foundation and a paid-for sizable infrastructure, we enter 2021 well positioned to realize significant supply-side growth across the U.S. market. We look forward to working with our current and future partners to help them remain compliant in their emissions control efforts with our core technologies. I would like to thank our shareholders for their continued support of our company as we continue to monetize our industry-adopted technologies,” concluded MacPherson.About Midwest Energy Emissions Corp. (ME₂C^®)Midwest Energy Emissions Corp. (OTCQB: MEEC) is a leading environmental technologies company delivering patented and proprietary solutions to the global power industry. ME₂C’s leading-edge services have been shown to achieve emissions removal at a significantly lower cost and with less operational impact than currently used methods, while maintaining and/or increasing power plant output and preserving the marketability of byproducts for beneficial use. For more information, please visit www.midwestemissions.com.Safe Harbor Statement