NEW YORK, April 21, 2011 /PRNewswire-FirstCall/ — Adama Technologies
Corp. (OTCBB: ADAC), a clean-tech company, today announced the company
intends to issue a one-time special dividend to all existing shareholders
pending from the sale of its rights to a renewable energy project in
Bucharest.

Adama recently announced the signing of a non-binding term sheet with a
purchaser seeking to acquire the rights to a renewable energy project
currently held by Adama. The project under negotiation is a 2.5 Mega Watt
municipal waste gasification project in Bucharest, Romania.

The two parties are negotiating around a price of approximately $ 15MM
subject to an independent appraisal.

Due diligence by the purchaser is required to conclude by July 30, 2011.

The estimated dividend amount payable to each shareholder of one common
stock is $ 0.06.

“Should the sale of the rights of our project proceed as expected, we
will be extremely pleased to reward our shareholders with this special
dividend,” stated Aviram Malik, CEO of Adama Technologies. “We want to thank
all of our shareholders for their continuous support and show our commitment
to maximizing shareholder value as we proceed with our
environmentally-friendly and commercially-viable remediation activities.”

About Adama Technologies Corp.

Adama Technologies Corp. has decided to dedicate its time, abilities and
means to the development of clean tech projects in various fields.

Forward-Looking Statements

This letter contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. All forward-looking statements
are inherently uncertain, based on current expectations and assumptions
concerning future events or future performance of Adama Technologies Corp.,
and its technologies. In evaluating such statements, prospective investors
should review carefully various risks and uncertainties identified in this
release, as actual results may differ materially from those indicated in the
forward-looking statements. Adama Technologies’ public filings may be viewed
at http://www.sec.gov.

    Contact:

    Aviram Malik, CEO
    Tel +972-54-2664031
    info@adama-tech.com
    http://www.adama-tech.com

SOURCE Adama Technologies Corporation