Adama Technologies Corp. Releases Open Letter to Shareholders

NEW YORK, September 20, 2010 /PRNewswire-FirstCall/ -- Adama Technologies Corporation - (OTC BB:ADAC) Releases Open Letter To Shareholders

Dear Shareholders:

I am pleased to write you about our business success over the past three months - during one of the most uncertain economic periods since the Great Depression. Many of you have told me of your concern as share prices for all companies show declines of 50, 60 and even 70 percent from their highs. I want to assure you that although our share price does not reflect it, Adama's business has never been more exciting and our potential for significant returns is strong.

Briefly, I'd like to highlight some of the accomplishments we have achieved in the last three months and outline just a bit of our plan for telling the world about this in the future. Although market conditions continue to deteriorate, it remains our belief that when we are able to prove up enough Clean Tech technology and projects our share price will reflect that accordingly.

Since July 1, we have achieved the following:

Completed Main MBS pilot Lab and field tests In Israel.

Entered into advance negotiation with a well established Clean Tech company for the purpose of merger or acquisition.

Finalizing the purchase of an energy saving patent technology.

Exploration of Brownfield Remediation projects both in Israel and across Europe.

Signed a letter of intent to establish a Tire Recycle line of Factories in Romania.

Re negotiate our Exclusive License with Solucorp on Its MBS technology

These accomplishments are in line with what we told investors we intended to do this year. We continue to systematically carry out our strategy with our eye on the goal. And, as a result, we are attracting interest from larger potential partners.

I believe that all of our efforts will be rewarded in the near future. Our stock price certainly does not reflect the potential for the company. Although many of you believe that we should "hype" our activities as so many Clean Tech companies do, to drive up the price of the stock, I am a firm believer that while getting the word out is good, it is even better to get the word out when we have the most solid, strong story possible. Throughout history, companies that have solid businesses and real assets do find that their share prices will eventually reflect that value. It is my belief that in 2010-2011 this will occur for your company. I remain committed, as I have been for many years, to the success of Adama. I would like to thank you for your continued commitment as well and look forward to what I believe will be a significant 2010-2011 for Adama.

    Sincerely,
    Aviram Malik
    Adama Chairman & CEO
    About Adama Technologies Corporation

Adama is a Brownfield remediation company whose foundation lies in its patented technology. The technology successfully treats all metals within the Resource and Recovery Act (RCRA) and Universal Treatment Standards (UTS). The technology has successfully completed the U.S. (EPA) "SITE" program and is ready for commercial use. For further information, visit: http://www.adama-tech.com.

Safe Harbor Statement

This release includes forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements involve a number of known and unknown risks and uncertainties that may cause actual results or outcomes to be materially different from those anticipated or discussed herein.

    Contact:

    Aviram Malik
    +972-544459292
    [email protected]

SOURCE Adama Technology Corp.