Nov. 9, 2009 (Business Wire) -- Evergreen Energy Inc. (NYSE Arca:EEE) provides a review of GreenCert™ solutions and commercialization efforts.

“GreenCert is a highly-customizable suite of solutions that has evolved into the primary strategic focus of Evergreen,” said Thomas H. Stoner, Jr., CEO of Evergreen. “Based on projects, as well as customer and partner feedback, we continually improve our solutions to meet changing market needs. In addition, in the past six months, we have installed a very experienced sales team to enhance our partnerships and drive commercialization of the GreenCert solution.”

Miles Mahoney, president and general manager of C-Lock Technology, the Evergreen subsidiary commercializing GreenCert, said, “We intend to sell GreenCert as an on-premise offering and as a hosted software as a service (SaaS) solution, both with annual licensing fees. Our solutions will require consulting and implementation services as well as the needed infrastructure for support, including hardware, which we expect will help incentivize our partners’ sales programs and sales channels.”

“Focused on deployment, we are working closely with our strategic partners. Recently expanded relationships include embedding GreenCert in IBM’s Solution Architecture for Energy and Utilities (SAFE); collaborating with Black & Veatch to target power generators; and starting a feasibility study for Shanghai Electric Power Company Ltd. commissioned by the U.S. Trade and Development Agency. Currently, we are in discussions with a strategic business development group to formulate a joint go-to-market plan to roll out GreenCert to the energy sector early next year,” added Mahoney.

GreenCert™ solutions are highly automated enterprise systems that provide accurate and precise scientifically verifiable measurement, financial quantification and management of GHG and Carbon emissions. These proprietary solutions scale across the enterprise to capture the entire carbon lifecycle. Evergreen has developed a three-phase plan to bring its GreenCert solution to market. In the first phase, GreenCert quantifies the company's baseline emissions status and the accuracy of the methodology and data used. In the second phase, Evergreen assesses and identifies the capital expenditure and operating expense improvements that drive efficiencies within the company or specific plant and determines the GHG savings associated with those efficiency improvements. This phase also elevates methods to reduce the uncertainty of the GHG measurement to improve accuracy. Combined, the first two phases deliver the GHG assessment and result in an understanding of the return on investment for employing the third phase.