ABB Inc. signs agreement with KFX Inc. subsidiary to distribute optimization technology to US power market

MENTOR, Ohio, Jan. 9, 2002 — KFx Inc. announced that its majority-owner subsidiary, Pegasus Technologies, Inc., and ABB Inc., have entered into a value-added reseller agreement for Pegasus’ Optimization solutions.
ABB will offer integrated Pegasus applications with ABB’s Industrial ITTM solutions for combustion management optimization, including carbon-in-ash sensors, performance monitoring, coal flow monitoring, and ABB distributed control systems.
Bob Stratman, Vice President and General Manager of Power Plant Automation for ABB stated, “ABB is the controls leader in the power generation market, with the most complete suite of optimization applications available. It was an easy decision to integrate Pegasus’ applications into our Industrial IT suite since Pegasus is the clear leader in delivering artificial intelligence and advanced adaptive optimization technology to the power market.”
Gary Nicholson, CEO of Pegasus, noted, “The ABB relationship is a significant step forward for Pegasus. Our products will be offered as part of ABB’s power generation control systems. ABB is the market leader in this field in the U.S.A. It has installed control systems on over 60% of all the power generation units in the U.S. ABB can now extend its offering and present its utility customers a complete integrated advanced controls and optimization suite, including enhanced combustion optimization, to improve unit performance and help meet EPA regulations for emissions.”
About ABB
ABB ( www.abb.com ) is a provider of power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. ABB has 160,000 employees in more than 100 countries.
About Pegasus / KFX
Pegasus Technologies, Inc. is the industry leader in neural network based smart applications for the power generation market. The suite of combustion optimization applications from Pegasus reduces emissions and increases efficiency of fossil-fueled electric generating units. The Pegasus Technologies web site address is www.pegasustec.com . Pegasus Technologies is majority-owned by KFx Inc.
KFx provides total fuel solutions for the power industry. Its patented K-Fuel® process converts low heating value coal into clean, high-energy fuel. KFx’s web site address is www.kfx.com .

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