Energy Answers Sells Operating Assets

ALBANY, NEW YORK (September 10, 2007)
The Energy Answers' Board of Directors today announces an agreement for the sale of its U.S. operating company, EAC Operations, Inc., including all of its operating assets to Covanta Energy Corporation. This sale involves all of Energy Answers’ operating enterprises in the Northeast U.S., including the Pioneer Valley Resource Recovery Facility, the Pittsfield Resource Recovery Facility, Cape Resources Company, the B-3 Transfer Station, eco/Waste Services, and eco/Transportation Services.

These assets are being sold in order to permit Energy Answers to more fully apply its human and capital resources to the development of new projects, and to the advancement and optimization of its technologies. All rights to Energy Answers’ proprietary technologies, which include the Processed Refuse Fuel™, Pioneer Plus™, and eco/Tech Sludge Recycling System™ technologies, will remain with Energy Answers International, an independent developer of technology and resource recovery projects.

Patrick Mahoney, Chairman of the Board of Directors, stated "We are pleased that our quality operating assets will now be owned and operated by Covanta. The operations team will have a new owner who has demonstrated a commitment to safety, environmental performance, and service to its customer base consistent with our own."

Energy Answers International will continue to maintain our offices in Albany, New York, St. Croix, U.S. Virgin Islands, and Dublin, Ireland, and continue to pursue new project development opportunities.

Lane Berry & Co. International, LLC (Boston, MA), served as financial advisor to Energy Answers on this transaction.

For More Information Contact:

Elona Cadman

Energy Answers International, Inc.

79 North Pearl Street

Albany, NY 12207

Tel.: 518-434-1227

Fax: 518-436-6343

E-mail: info@energyanswers.com

Mary Ann Mahoney

Energy Answers International, LLC

1110 Strand Street

Christiansted, VI 00820

Tel: 340-778-7505

Fax: 340-778-7504