Dames & Moore Group and Commodore Applied Technologies Team for Use of Commodore's SoLV(TM) Process
PR Newswire - January 13, 1999 07:15
Commodore's SoLV(TM) Process to Treat Contaminated Metals
NEW YORK, Jan. 13 /PRNewswire/ -- Dames & Moore Group (NYSE: DM) announced today that it has entered into a formal agreement with Commodore Applied Technologies, Inc. (Amex: CXI, CXIW) for the exclusive use of its proprietary technology to destroy radioactive contaminated sodium and sodium potassium mixtures (NaK) at several Department of Energy (DOE) sites domestically, and selected international locations, where Dames & Moore Group is already participating in site cleanup of cold war legacy waste.
Dames & Moore Group will have exclusive rights in the application of the proprietary SoLV(TM) process based on the solvated electron technology (SET(TM)) to destroy radioactively contaminated metals at several domestic sites. Internationally, Dames and Moore Group will apply the SoLV(TM) process at the Dounreay site in Scotland, Winfrith site in England, Harwell site in England and the Phoenix and Super Phoenix sites in France. Dames & Moore Group is identifying sodium metal stores that can be combined with mixed waste contamination projects where this proven technology can be reliably and cost effectively applied. Under the agreement, Dames & Moore Group would provide the site engineering, cleanup operations, health and safety, and project management for the applications of the SoLV(TM) technology. As a subcontractor to Dames & Moore Group, Commodore would provide the technology and training, including application engineering, equipment installation, and technology technical support through operations.
George O'Brien, senior vice president in charge of Dames & Moore Group Federal Programs noted, "We have entered into this agreement with Commodore to provide the unique and cost-effective treatment developed by Commodore for radioactive contaminated sodium and NaK metal destruction as well as destroying it in conjunction with mixed waste problems facing our clients. Several projects have been identified where the SoLVa process offers a cost- effective solution to these difficult waste streams."
Dames & Moore Group, a global engineering and construction services firm, has capabilities that include general engineering and consulting, process and chemical engineering, transportation planning and design, and construction services. Headquartered in Los Angeles, the group has over 7,800 employees and offices in over 30 countries. The Dames & Moore Group companies are major providers of engineering and construction services to the Department of Energy and other Federal agencies.
Dames & Moore Group and Commodore share a common mission in seeking to apply new process technologies in environmental cleanup. The Commodore family of companies includes Commodore Applied Technologies, Inc. (Amex: CXI, CXIW), Commodore Separation Technologies, Inc. (Nasdaq: CXOT, CXOTW, CXOTP), Commodore Solution Technologies, Inc. and its wholly owned subsidiary, Commodore Advanced Sciences, Inc. Approximately 35 percent of Commodore Applied Technologies, Inc. is owned by Commodore Environmental Services, Inc. (OTC Bulletin Board: COES).
These materials contain forward-looking statements based on a series of projections and estimates regarding economics within the company's markets, the industries in which the company operates, the effects of legislation and regulations, as well as business and competitive outlook.
SOURCE Commodore Applied Technologies, Inc.
/CONTACT: James M. DeAngelis or Melissa C. Berkowitz, both of Commodore, 212-308-5800/
(DM CXI CXIW COES CXOT, CXOTW, CXOTP) |