To: Gator who wrote (42500 ) 1/13/1999 7:44:00 AM From: William Bach Read Replies (2) | Respond to
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).
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)
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