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

To: NicktheGreek who wrote (1294)	11/5/1998 12:16:00 PM
From: CIN-CIU-E	Read Replies (2) \| Respond to of 1755

***NEWS*** -- Commodore Applied Gets 2 More Yrs On $20M Energy Dept Pact -- NEW YORK (Dow Jones)--Commodore Applied Technologies Inc.'s (CXI) Commodore Advanced Sciences Inc. unit received a two-year extension on its technical assistance contract with the U.S. Department of Energy, valued at $20 million. In a press release Wednesday, Commodore Applied said the contract calls for its unit to provide technical assistance and support to the Energy Department's Calsbad Area Office in New Mexico. The company, which had 1997 revenues of about $19.5 million, said it expects to generate revenues of about $10 million a year over the next two years from the contract. Commodore Applied, an environmental technology company, is 34% owned by Commodore Environmental Services Inc. (COES). (END) DOW JONES NEWS 11-05-98 12:05 PM- - 12 05 PM EST 11-05-98 Symbols: US;CXI Source DJ - Dow Jones Categories: