Fuel-Tech N.V. Announces the Appointment of Ronald Seidel as Executive

    Business Editors/Energy Editors

    STAMFORD, Conn.--(BUSINESS WIRE)--Jan. 18, 2005--Fuel-Tech N.V. (Nasdaq: FTEK), a world leader in advanced engineering solutions for the optimization of combustion systems in utility and industrial applications, today announced the appointment of Ronald B. Seidel as Executive Consultant. Mr. Seidel's principal role will be to help Fuel Tech penetrate targeted accounts through contacts made during his tenure as a senior utility executive, and to assist in creating additional strategic marketing programs customized to fit the requirements of that industry.
    Mr. Seidel brings to Fuel Tech more than 30 years of experience as an engineer, operations manager, marketing executive and senior officer of TXU Corporation (NYSE: TXU), a Dallas-based energy company. TXU Corporation is an $11 billion electric and natural gas company whose businesses generate, transmit, distribute and sell energy to customers in North America and Australia. During his tenure, Mr. Seidel served as Senior Vice President of TXU Fossil Generation and Mining and President of TXU Energy Trading Company. He also served as Vice President with responsibility for managing the power supply and purchase activities for this large electric utility. Mr. Seidel retired from TXU and was Senior Vice President of Energy Supply for City Public Service in San Antonio during 2004. Mr. Seidel holds a B.S. in Mechanical Engineering from New Mexico State and an M.B.A. from Southern Methodist University.
    Mr. Seidel commented, "Having worked for a major utility burning Western coal and lignite, I see a great need for Fuel Tech and its innovative technologies. I am excited about the Company's prospects and look forward to working with its management team as they pursue their growth strategies."
    Steven C. Argabright, President and Chief Operating Officer, added, "We are delighted to have such an experienced and capable executive join Fuel Tech. Ron's strong background and contacts within the utility industry will be particularly valuable as we look to create additional alliances in the Air Pollution Control business and strengthen our FUEL CHEM(R) sales and marketing efforts."

    About Fuel-Tech N.V.

    Fuel-Tech N.V. is a leading technology company providing proprietary advanced engineering solutions for the optimization of combustion systems for utility and industrial customers. The Company's NOx reduction processes, which include the NOxOUT(R), NOxOUT CASCADE(R), NOxOUT ULTRA(R), Rich Reagent Injection (RRI) and NOxOUT SCR(R) technologies, have established Fuel-Tech N.V. as a leader in post-combustion NOx control systems, which are installed on over 325 units worldwide.
    New technologies that have grown from the core NOx reduction business form the basis of the FUEL CHEM(R) and ACUITIV(TM) businesses. FUEL CHEM technology enables significant cost savings through the unique application of chemicals to improve the performance of combustion units. The Company's ACUITIV business offers high-end visualization software that was developed as part of Fuel Tech's sophisticated Computational Fluid Dynamics (CFD) modeling techniques utilized to predict the behavior of industrial processes. The Company's FUEL CHEM products are being applied to over 80 combustion units burning a variety of fuels. For more information, visit Fuel-Tech N.V.'s web site at www.fueltechnv.com.

    This press release may contain statements of a forward-looking nature regarding future events. These statements are only predictions and actual events may differ materially. Please refer to documents that Fuel Tech files from time to time with the Securities and Exchange Commission for a discussion of certain factors that could cause actual results to differ materially from those contained in the forward-looking statements.

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CONTACT: Fuel-Tech N.V. Vincent J. Arnone, 630-845-4500 or Tracy H. Krumme, 203-425-9830

KEYWORD: CONNECTICUT INDUSTRY KEYWORD: OIL/GAS ENERGY UTILITIES MANAGEMENT CHANGES SOURCE: Fuel-Tech N.V.

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