Evolution Markets And Energy & Communications Solutions Join Forces To Tap Emerging Energy And Emissions Markets

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For Immediate Release

Evolution Markets And Energy & Communications Solutions Join Forces To Tap Emerging Energy And Emissions Markets

Robert McFarlane and Emissions Broker/Advisor Join Forces to Bridge Environmental Economics and Infrastructure Financing in Developing Countries

NEW YORK, NEW YORK, Nov. 29 -/E-Wire/-- Evolution Markets LLC, a global emissions broker and advisor, and Energy & Communications Solutions, LLC, an international energy development firm focused on emerging markets, today announced a strategic partnership. Under the terms of the agreement, Energy & Communications Solutions (E&CS;) and Evolution Markets (EM) will work together to bring multinational companies investment opportunities in the emerging energy and environmental markets in Russia, Ukraine, Bulgaria, Hungary, Turkey, and selected CIS countries.

The two companies will work together to address three overarching goals in the developing target markets:

1) Increasing energy efficiency through technology transfer and the modernization and rehabilitation of existing power plants;

2) Create new renewable energy sources, including hydroelectric, wind power and solar energy; and

3) Rehabilitating the infrastructure for the production and transportation of oil and gas, which will reduce methane and associated gas emissions.

Three projects are already in negotiations, with one slated to be announced in the first quarter of 2002.

In particular, the two companies are working together to identify and structure brownfield energy-development projects, renewable energy-generation and environmental and energy commodity transactions. Each undertaking will focus on creating and monetizing valuable greenhouse gas emissions (GHG) reduction credits for their clients. The new venture will also bring companies new opportunities to meet the growing energy needs of these key emerging markets through infrastructure development, including the building and financing of natural gas transmission pipelines, natural gas storage to stabilize supply

and support new gas markets, gas-fired and hydroelectric power generation plants, gas transmission facilities needing repair and rehabilitation to remediate fuel waste and environmental degradation, nuclear power plant facility safety, efficiency and rehabilitation projects.

"Our goal is to transfer the technology and trading systems already being used successfully in the U.S. energy and environmental markets to the emerging markets of Central and Eastern Europe," said Robert McFarlane, former National Security Advisor under President Reagan and current chairman of Energy & Communications Solutions. "There is a dawning public awareness that GHG and other emissions present a serious transnational hazard that cannot be tackled by individual governments working in isolation. Emissions in one state put neighboring states at risk. Effective solutions require a regional approach. We are confident that our ability to finance and develop cross-border solutions gives us an edge in what is about to become a booming market."

"Once a cost center, the environmental departments of Fortune 500 companies can now be profit centers as a result of the tangible results of the Kyoto Protocol, the proposed EU-wide trading program, and the opportunities in Central and Eastern Europe," added Andrew Ertel, president of Evolution Markets. "We are putting in place the tools with which these economic opportunities can be realized."

E&CS; will present pre-packaged investment opportunities in new infrastructure, brownfield development, and other environmental remediation projects that generate streams of emission reductions. Evolution Markets will bring to the table investors looking to capitalize on opportunities as well as manage greenhouse gas risk.

"We chose to work with Evolution because we wanted a company with proven trading expertise and extensive contacts in the energy community, a company that could secure and consummate trades as promptly and efficiently as possible," said McFarlane. "E&CS; provides tremendous access and infrastructure investment opportunities for our clients," said Ertel. "They also bring extensive experience in minimizing risk â political and economic risk -- while attaining access to key decision makers to achieve closure on projects in minimal time." Evolution Markets LLC is a privately held expert brokerage and advisory service firm that specializes in environmental and energy markets. The firm's expertise covers all major emission credits including SO2 and NOx Emission Allowances, Greenhouse Gas (GHG) Emissions Reductions, and Emission Reduction Credits (ERCs). Evolution Markets has consummated more than $1.5 billion in emissions transactions globally. More information on Evolution Markets can be found by calling [REDACTED-PHONE] or by visiting http://www.evomarkets.com.

Energy & Communications Solutions organizes the design, finance and construction of energy infrastructure throughout the world. Founded by Robert McFarlane, the company currently has 10 projects under development in six countries. More information on Energy & Communications Solutions can be found by calling [REDACTED-PHONE] or visit http://www.energyandcommunications.com.

Evolution Markets LLC and Energy & Communications Solutions, LLC

http://www.evomarkets.com

http://www.energyandcommunications.com

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