KFx Inc. subsidiary selected as optimization software provider by RTP

MENTOR, Ohio, Sept. 18, 2002 — KFx Inc.’s majority-owned subsidiary, Pegasus Technologies, Inc. recently announced that its software suite has been selected as part of RTP Corporation’s advanced controls solution set.

The Pegasus OS-2003 Optimization Suite provides a unified delivery environment for all of the patented Pegasus applications.

The suite includes data analysis and modeling tools, as well as real-time multivariable control and neural network based optimization software, all of which are delivered in a modular licensing package that affords configurable application of Pegasus’ array of software for model-based agile performance flexibility solutions.

About KFx/Pegasus

KFx provides total fuel solutions for the power industry. Its patented K-Fuel® process converts low heating value coal into clean, high-energy fuel. The KFx web site address is . Pegasus Technologies, Inc., a majority-owned subsidiary of KFx, is a provider of neural network based optimization and control applications for the power generation market. The Pegasus OS-2003 suite of combustion optimization solutions enables customers to reduce emissions and increase the efficiency of their fossil-fueled electric generating units. Pegasus is headquartered in Mentor, OH and also has an office in Austin, TX. The Pegasus web site address is .

About RTP Corporation

Founded in 1968, RTP Corp. is a developer and manufacturer of high-performance industrial data acquisition and control systems. Markets for RTP Corp.’s products include process control (steel, aluminum, and glass), flight simulation, nuclear power plant simulation and data acquisition, petrochemical, fossil fuel power plant control, factory automation, and research and development testing. RTP is headquartered in Pompano Beach, FL and is located on the Internet at .

Source: KFx Inc.