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Strategies & Market Trends : CXI-Commodore Environmental -- Ignore unavailable to you. Want to Upgrade?

To: hcm1943 who wrote (1724)	3/1/2000 9:56:00 AM
From: Czechsinthemail	Read Replies (1) \| Respond to of 1755

Wednesday March 1, 7:30 am Eastern Time Company Press Release SOURCE: Commodore Applied Technologies, Inc. Commodore Advanced Sciences, Inc., a Subsidiary of Commodore Applied Technologies, Receives 5-year, $15 Million Contract for Environmental Services ALBUQUERQUE, N.M., March 1 /PRNewswire/ -- Commodore Advanced Sciences, Inc. (CAS) a wholly owned subsidiary of Commodore Applied Technologies, Inc. (Amex: CXI - news), announced today that it has been awarded a five-year contract for environmental services by the General Services Administration, Federal Supply Service. This contract has an estimated value of $15 million over a five-year period. This contract for Environmental advisory services includes providing expertise in the areas of Environmental Planning Services and Documentation, Environmental Compliance Services, Environmental/Occupational Training services, and Waste Management services. Peter E. Harrod, P.E., President of CAS, commented ``We are very pleased to have been awarded this contract that allows any federal government agency to establish Basic Purchasing Agreements with Commodore on a worldwide basis against this contract. This further expands our ability to contract with many government agencies around the globe in providing services necessary to meet their environmental needs.' Paul E. Hannesson, Chairman & CEO of Commodore Applied said, ``This contract adds another link in our plan to provide the company's services to a broad client base in the US and internationally. This increases our presence and ability to support the planning and management of the nation's hazardous and toxic waste legacy.' CAS is headquartered in Albuquerque, New Mexico and will manage the contract with GSA from that location. Commodore Applied Technologies, Inc. is an environmental solutions company focused on processing and management of high-end hazardous waste from nuclear, radioactive, toxic, and chemical sources. Through its wholly owned subsidiaries, Commodore Advanced Sciences and Commodore Solution Technologies, the company provides technical engineering services and proprietary remediation technologies (SET(TM)) to the government and private sectors. 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. For more information please visit www.commodore.com. SOURCE: Commodore Applied Technologies, Inc.