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

To: DLJMT who wrote (1518)	2/1/1999 3:40:00 PM
From: hcm1943	Read Replies (1) \| Respond to of 1755

Commodore Separation Technologies, Inc. Begins Operations at the Port of Baltimore Hawkins Point Facility First to Come on Line; Chromium Removal and Recycling Could Last Half Century or Longer NEW YORK, Feb. 1 /PRNewswire/ -- Commodore Separation Technologies, Inc. (Nasdaq: CXOT - news, CXOTW - news, CXOTP - news) announced today that its installation at the Hawkins Point Hazardous Waste Treatment Facility at the Port of Baltimore has been granted the necessary operating permits by the Maryland Department of the Environment and will begin commercial operations this week. This multi-year sole source contract, executed with Maryland Environmental Service (MES), involves the removal of hazardous chromium VI in water leeching from a waste site at Baltimore Harbor and potentially polluting the Chesapeake Bay. There are approximately one hundred and twelve Superfund leachate sites in the United States that contain chromium, metals or other contaminants. Internationally, the numbers rise dramatically to hundreds of sites. Following its success at the Baltimore Harbor, CXOT plans to aggressively pursue these substantial markets. The chromium VI leachate from the Hawkins Point site contains concentrations as high as 600 parts per million (ppm). This chromium is expected to leach through the disposal site collection system and require treatment for decades. Commodore's SLiM(TM) technology recovers the highly toxic chromium from the water and lowers it to levels that are suitable for drinking water (less than 0.05 ppm). Expensive and environmentally problematic landfilling is eliminated since the recovered chromium is concentrated and purified for reuse in other industrial applications and no toxic sludge is created. The SLiM(TM) systems will treat up to two million gallons of effluent annually at this site. Paul E. Hannesson, Chairman said, ''The Baltimore Harbor project is important to Commodore because it showcases a technology with unique economic and environmental benefits. We not only purify contaminated waste streams economically, but we recover materials from the waste that can have further valuable industrial application. In effect, we clean up the environment while recycling valuable materials. The result is that the State of Maryland will realize a significant economic benefit annually when compared to conventional treatment methods while achieving the goals for chromium removal at this location.'' The mission of the Commodore group of companies is to commercialize new process technologies. Commodore Separation Technologies, Inc. is 87% owned by Commodore Environmental Services, Inc. (OTC Bulletin Board: COES - news). 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 Separation Technologies, Inc.