Birchtech dismisses all claims against one utility

Mr. Richard MacPherson reports BIRCHTECH SECURES LICENSE AGREEMENT WITH LARGE REGIONAL POWER UTILITY COMPANY Birchtech Corp. has signed a non-exclusive agreement with a large regional coal-fired power utility that the company filed suit against in January, 2025, regarding the company's patented mercury emission reduction technologies. The suit against this utility had been consolidated with the other cases that were originally filed in 2024 for pretrial matters in Iowa. The licence agreement with the regional utility includes a one-time licence fee. Due to confidentiality agreements and continuing litigation, other specific terms of the agreement cannot be publicly disclosed. As a result of the agreement, Birchtech has dismissed all claims against this particular utility in the consolidated lawsuits currently pending in Iowa. Claims will continue against the remaining defendants in the consolidated Iowa actions. Richard MacPherson, Birchtech chief executive officer, commented: "Offering defendants licensing agreements continues to yield positive results following our success in the last year's jury trial, providing a meaningful source of cash to drive forward new technologies in water treatment, underpinning significant new growth initiatives. This business-first approach includes a negotiated licence fee based on our calculation of the utility's existing and prior usage of our patented SEA technology. Licensees of our innovative patented technologies can opt to realize lower mercury emissions and gain additional operational improvements and efficiencies through potential future direct supply. "To date, with the licence agreements announced this month, we have established business relationships with five utilities from the consolidated lawsuits currently pending in Iowa. Since 2019, we have successfully reached 13 licence and/or supply agreements with coal-fired utilities, including nine utilities previously named as defendants in the 2019 and 2024/2025 lawsuit filings. Claims continue against remaining defendants in the Iowa consolidated actions as we await the final ruling from the March, 2024, jury trial in the Delaware District Court," concluded Mr. MacPherson. About Birchtech Corp. Birchtech is a leader in specialty activated carbon technologies, serving as America's clean coal and clean water company, by delivering innovative solutions for air and water purification to support a cleaner, more sustainable future. The company provides patented SEA sorbent technologies for mercury emission capture for the coal-fired utility sector, and is developing disruptive water purification technologies with a specialization on forever chemicals such as PFAS and PFOS. Backed by a strong intellectual property portfolio and a world-class team of activated carbon experts, Birchtech provides cleaner air to North American communities and is applying this expertise to a novel approach in water purification. We seek Safe Harbor.