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

To: Thomas M. who wrote (1741)	4/24/2000 12:33:00 PM
From: Big Bucks	Read Replies (2) \| Respond to of 1755

News on patents from Yahoo:Monday April 24, 7:30 am Eastern Time Company Press Release SOURCE: Commodore Applied Technologies, Inc. Chemical Weapons Patents Awarded to Commodore Applied Technologies NEW YORK, April 24 /PRNewswire/ -- Commodore Applied Technologies, Inc. (Amex: CXI - news, CXI.WS - news) today announced that it has significantly added broader coverage to its Solvated Electron Technology's (SET)(TM) patent portfolio with the issuance and allowance of two (2) new patents. CXI's first new patent issued, United States Patent No. 5,998,691 entitled ``Method and Apparatus to Destroy Chemical Warfare Agents' has been issued in five (5) foreign countries, including an Eurasian patent, and filed in over thirty-five (35) other foreign countries. Second, CXI has been notified that our patent entitled ``Destruction of Energetics (i.e. propellants, explosives) with Solvated Electrons' has been allowed. This patent has been filed in numerous foreign countries as well. ``These patents further secure our technological position of being able to provide a wide series of applications in neutralizing chemical warfare agents, as well as, conventional weapons,' said Paul E. Hannesson, chairman and CEO of CXI. The destruction of chemical warfare agent stockpiles is a treaty obligation of the United States as well as 170 other countries which have signed the treaty, including Russia, China, India and Pakistan. This destruction, estimated to cost worldwide over $60 billion dollars, has a treaty deadline for completion of 2007. The destruction of conventional weapons, which must take place on a regular basis in order to refresh weapons inventories, represents an additional $100 million annual market in just the United States. Commodore Applied Technologies, Inc., headquartered in New York, NY, is a high technology solutions company focused on processing and management of nuclear, radioactive, toxic, and chemical waste. Through its wholly owned subsidiaries, Commodore Advanced Sciences and Commodore Solution Technologies, the company provides technical engineering services and proprietary process 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. SOURCE: Commodore Applied Technologies, Inc.