NEW YORK, July 11, 2011 /PRNewswire/ —

Adama Technologies Corp. (OTCBB:
ADAC), a clean-tech company dedicated to the remediation of
contaminated brownfields, today announced the company has entered
into advanced negotiations to purchase a major mining asset in
Africa.

Purchase of the asset is intended to improve the company’s
ability to raise capital toward the development of new and existing
projects.

The company entered into negotiations on the African mining
asset following attempts with a separate party to negotiate the
sale of Adama’s existing asset in Romania. A previously announced
offer to purchase a renewable energy project in Bucharest currently
held by Adama has been withdrawn.

As a result, intended dividend payments to shareholders will not
be issued as announced.

“Adama is continuously advancing business development activities
that will bring the company the capital necessary to fully finance
new and existing projects,” said Aviram Malik, CEO of Adama
Technologies. “We believe this acquisition can add significant
value to our company and broaden our ability to attract investors
in the near future.”

About Adama Technologies Corp.
Adama Technologies Corp. acquires, decontaminates and revitalizes
brownfields using patented Molecular Bond Solution (MBS)
Technology. The Technology has successfully completed the site
testing program of the Environmental Protection Agency, and is
ready for commercial use.

To learn more about Adama Technologies and MBS Technology,
please visit http://www.adama-tech.com.

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 +972-54-494-3953

Aviram@adama-tech.com

SOURCE Adama Technologies Corporation