Hudson Technologies Performs Steam Energy Savings Assessments in Industrial Plants

Hudson Technologies, Inc. (Nasdaq: HDSN), a leading refrigerant services company specializing in proprietary on-site decontamination services for large comfort and industrial process cooling and refrigeration systems, today announced that it has completed 10 Steam Energy Savings Assessments awarded by the Department of Energy and expects to complete one more before the year’s end. Hudson is a recognized Qualified Specialist in the use of the DOE’s BestPractices Steam Tools Suite and functions as a steam energy system expert to improve the overall steam system energy efficiency in large industrial plants. The assessments are part of the DOE’s Save Energy Now campaign.

Hudson has completed these Steam Energy Saving Assessments for some of the largest energy consuming industrial plants in the nation. The assessments monitor energy intensive systems such as process heating and steam in order to identify opportunities to save energy and money. Energy Savings Assessments performed by Qualified Specialists, such as Hudson Technologies, help to optimize these systems and thereby offer industrial plants the ability to capitalize on long-term savings. Results from the completed assessments show that 80% of these energy savings opportunities have paybacks of less than two years.

“We have expanded our energy optimization and efficiency services to include evaluation of the overall steam systems in large industrial plants,” said Kevin Zugibe, Chairman and CEO, Hudson Technologies. “Steam is utilized in most industrial facilities and accounts for almost 40 percent of a plant’s energy consumption. Consequently, steam is commonly used to drive large refrigeration and air conditioning systems; servicing these systems is our core competency. With this steam system expertise, Hudson can now take a systems approach in optimizing the overall plant energy, rather then focusing solely on the refrigeration systems.”

Some of the assessments have led to additional engineering consulting work. These assessments have also led to the introduction to key corporate personnel at these industrial plants – the personnel at these facilities who are responsible for Energy Optimization, Engineering, Maintenance, Reliability and Control, Operations and Best Practices – who may be interested in the predictive and preventative maintenance services that we offer for their refrigeration systems.

“While the revenues from these assessments are not material to total service revenues today, we expect that the relationships being formed will be valuable to Hudson in terms of future business opportunities,” said Mr. Zugibe.

Additional information on the Department of Energy’s Save Energy Now campaign and the results of completed Energy Saving Assessments can be found at the following web site: http://www1.eere.energy.gov/industry/saveenergynow/

About Hudson

Hudson is a leading provider of innovative solutions to recurring problems within the refrigeration industry. Hudson’s proprietary RefrigerantSide® Services increase operating efficiency and energy savings, and remove moisture, oils and other contaminants frequently found in the refrigeration circuits of large comfort cooling and process refrigeration systems. Performed at a customer’s site as an integral part of an effective scheduled maintenance program or in response to emergencies, RefrigerantSide Services offer significant savings to customers due to their ability to be completed rapidly and at higher purity levels, and can be utilized while the customer’s system continues to operate. In addition, the Company sells refrigerants and provides traditional reclamation services to the commercial and industrial air conditioning and refrigeration markets. For further information on Hudson, please visit the Company’s web site at www.hudsontech.com