HIGHLANDS RANCH, Colo., March 19, 2014 (GLOBE NEWSWIRE) -- ADA-ES, Inc. ("ADA"), an Advanced Emissions Solutions, Inc. (Nasdaq:ADES) company, announced the promotion of Dr. Connie Senior to Vice President of Technology.
Dr. Senior has been Director of Technology for ADA since 2011. Her expertise in coal has made a major contribution to ADA's success in the Mercury and Air Toxics Standard (MATS) equipment market and the development of our Refined Coal technologies. Dr. Senior is an internationally recognized expert in the capture of mercury and other trace metals from combustion gases. She received her PhD from Caltech and has authored hundreds of papers in the area of controlling emissions from coal fired power and industrial boilers. Ms. Jean Bustard, President of ADA, commented, "Connie's extensive experience and expertise in the understanding of coal combustion and emissions control has played a very important role in keeping ADA in a market-leading position in the mercury control market. In her new position, Connie will oversee ADA's product development for the upcoming multi-billion dollar MATS compliance and optimization market, working closely with our customers to solve their complex challenges to achieve and maintain MATS emissions levels. She has a demonstrated record in assuring that ADA's products are both technical sound and meet our customers' needs." Commenting on her new role, Dr. Senior stated, "At ADA, I work with a dedicated and experienced team, who share the company's commitment to solving real world problems. I am excited to continue helping ADA develop new products and solutions that help our customers meet the challenges of today and tomorrow. "
Investors considering a purchase of Advanced Emissions Solutions Inc shares, but tentative about paying the going market price of $21.87/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April put at the $20 strike, which has a bid at the time of this writing of $1.20.
In trading on Friday, shares of Advanced Emissions Solutions Inc crossed above their 200 day moving average of $21.66, changing hands as high as $21.70 per share. Advanced Emissions Solutions Inc shares are currently trading up about 4.5% on the day.