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| KFX Inc. is engaged in developing and delivering various technology and
service solutions to the electric power generation industry to facilitate
the industry's compliance with various air quality emission standards on a
domestic and worldwide basis. The Company's customers may need to lower
the cost of producing electricity, particularly domestically, as the
United States power industry undergoes deregulation and is transformed
into a highly competitive business. KFX sells and installs technology
solutions that enhance the output of coal, gas and oil-fired electric
utility boilers, while simultaneously reducing the related environmental
impacts and facilitating compliance with various environmental standards,
most importantly, the Clean Air Act, as amended. The Company has two
operating segments, Pegasus Technologies, Inc. and K-Fuel Technology, both
of which serve the same industry and provide similar benefits, but which
have distinctly different technology bases. |
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