EmberClear Inc. Announces First Quarter 2011 Results

CALGARY, Nov. 29 /CNW/ - EmberClear Inc. (TSXV: EMB) ("EMB") today announced its unaudited financial results for the period ended September 30, 2010.

EMB's net loss for the period, including loss on discontinued operations, decreased 9% to $(1,489,370) from $(1,638,192) compared to the same period in the prior year.

As of September 30, 2010 the cash position of the company was $3,085,887 with a working capital of $5,329,903 compared to working capital of $6,523,000 at June 30, 2010.

In connection with EMB's previously announced strategic review whereby all or portions of EMB's camera business may be sold and cost reduction measures have been taken, all financial comparisons have been reclassified to conform to our current company status.

EMB's financial statements, management's discussion and analysis, and related information can be found on SEDAR at www.sedar.com.

About EmberClear Inc.

EmberClear is an advanced energy development company largely focused on methods for converting coal, petroleum coke, and similar fossil energy sources into other chemicals and fuels.. EmberClear aims to accelerate the adoption of technologies enabling dramatic improvements in the efficiency and cleanliness of fossil fuel consumption. EmberClear's goal is to find economically viable business models with the potential to deliver reduced emissions of over 50% when compared to industry average results.

EmberClear has a strategic investment in FPPI. FPPI is a joint venture of Future Fuels LLC (a wholly-owned subsidiary of Future Ventures) of Houston, Texas and EmberClear. Houston-based Future Fuels LLC develops cleaner coal gasification projects and holds land, rights to access coal reserves, technology licenses and other project related assets. FPPI's Good Spring IGCC Project is one of the power projects being developed by Future Fuels LLC, which is currently in the early stages of developing similar projects in other parts of the world. For more information please visit www.emberclear.com.

Forward-Looking Statements
Certain statements contained in this document constitute forward-looking statements or information (collectively "forward-looking statements") within the meaning of the "safe harbour" provisions of applicable securities legislation. Forward-looking statements are typically identified by words such as "expect", "intend", "may", "will", "believe", "potential" and similar words suggesting future events or future performance. In particular, this document contains forward-looking statements pertaining to, without limitation, the following: our intention to complete the Arrangement, including the timing thereof; the possible outcome of the Camera Business Strategic Review; and our business strategies and plans. With respect to forward-looking statements contained in this document, we have made various assumptions. Although we believe that the expectations reflected in the forward-looking statements contained in this document, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur.

By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause our actual performance and financial results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements.

These risks and uncertainties include, among other things: the possibility that the parties will fail to obtain all necessary regulatory and other third party approvals, and to satisfy all conditions precedent and closing conditions, that are required or necessary to complete the Arrangement; and the possibility that the Arrangement will not be completed when expected, will be completed on terms that are different than those previously disclosed, or will not close at all. Readers are cautioned that this list of risk factors should not be construed as exhaustive. The forward-looking statements contained in this document speak only as of the date of this document. Except as expressly required by applicable securities laws, we do not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

© 2010 EmberClear Inc. All rights reserved. All other trademarks are the property of their respective owners.

%SEDAR: 00021691E

For further information:

David G. Anderson
Investor Relations
Tel: [phone]

Karen Tanaka
Tel: [phone]