targeted microwave solutions inc.

MicroCoal Technologies Inc. ("MTI" or the "Company") is the developer of a patented microwave dehydration process that is expected to enable coal fired utilities to reduce polluting emissions and increase annual profits by unlocking the energy potential of high moisture, low-rank coal. The Company's dehydration process removes surface and internal moisture from low-rank coal, while at the same time preserving its low-polluting characteristics, transforming it into a high-energy feedstock suitable for power generation. The result is an upgraded coal product that is environmentally superior and less expensive than available high rank coals in the International market. The Company's technology is anticipated to provide significant financial benefits to coal-fired electrical generating utilities, including: material cost savings from switching to low-rank coal, increases in boiler efficiencies and heat output, and improved ash efficiencies and reductions in scrubber costs.