Evergreen Energy Inc. Names Steven Wolff EVP of Engineering

Evergreen Energy Inc. (NYSE Arca: EEE), a leader in providing cost-effective solutions for energy and environmental needs, has named a former utility power company president and nuclear submarine commander as its executive vice president of engineering, effective today. Steven Wolff will oversee all aspects of engineering and mechanical support for the development of K-Fuel® coal refineries, from the company’s charter plant in Gillette, Wyoming to the construction of new coal refineries. Wolff brings 30 years of engineering and management expertise to Evergreen, serving most recently as president of power production at Dayton Power and Light, where he led 550 employees in the delivery of 4400 mega-watts of electricity generation. A Naval Academy graduate with a mechanical engineering degree, Wolff commanded the USS PITTSBURGH (SSN720) nuclear powered attack submarine, participated in the realignment of the Navy’s organizational structure, chaired the Naval Science Department at Rensselear Polytechnic Institute (RPI) and taught as an adjunct professor at RPI’s Lally School of Management. "Steven brings a wealth of engineering knowledge and a record of strong leadership to Evergreen,” said Kevin R. Collins, president and CEO. "During the past few months we conducted an extensive search for someone with the skills to lead our engineering group. We’re pleased that Steven sees the promise of K-Fuel® refined coal, and as we move toward gearing up to build new plants, his presence will expand our expertise in operations, management and power generation.” In addition to his BS in Mechanical Engineering from the Naval Academy, Wolff has three Master’s degrees: an MA in National Security and Strategic Studies from the Naval War College, an MSE in Engineering Management from The Catholic University of America and an MS in Environmental Policy and Management from RPI. After leaving the Navy, he joined Dayton Power and Light Company, rising quickly through the ranks as a power station manager, director of power production, and vice president of power production before becoming president of power production, where he served for more than four years. "In addition to providing strong leadership and expertise as head of our internal engineering group,” added Collins, "Steven will liaise with Bechtel Power, Sumitomo Corporation and other key Evergreen allies as we work together to deliver an immediately available solution to the world’s coal-related energy and environmental needs.” About Evergreen Evergreen Energy Inc. refines coal into a cleaner, more efficient and affordable solid fuel that is available today to meet the growing energy demands of industrial and utility customers while addressing important environmental concerns. Visit www.evgenergy.com for more information.