ATG Announces Consolidation of Its Oak Ridge Waste Processing Facility; New Treatment Method Makes Processing More Cost Effective.

Business Editors

FREMONT, Calif.--(BUSINESS WIRE)--April 24, 2000

ATG Inc. (Nasdaq:ATGC), a leading provider of low-level radioactive and low-level mixed waste treatment services, today announced its plans to consolidate two of the company's operating units at its Oak Ridge, Tenn. facility.

The consolidation is being driven by a new non-thermal resin decontamination process, called Resin Decon Technology ("RDT"). The application of this technology has been in the development stage since early 1999. The RDT provides a more cost-effective method for the processing and decontamination of ion-exchange resins produced by nuclear power plants.

The RDT process, combined with ATG's Safglas thermal processing capabilities in Richland, Wash., will effectively replace the company's existing thermal treatment services in Oak Ridge. The RDT equipment will be delivered and installed at the Oak Ridge facility in May 2000. The incremental cost of the equipment is not material to the company's operations. ATG has informed the Tennessee regulatory authority of its new RDT treatment process and its reorganization.

Effective today the company will begin to combine its thermal and non-thermal processing operations into one operating division. The combined workforce will be reduced from approximately 140 to 30 as a result of the consolidation. The company expects the gradual transition will take up to a period of 90 days.

"We regret that this consolidation will displace about 110 loyal ATG employees," said Doreen Chiu, president and chief executive officer of ATG. "We will try to offer employment to affected employees to fill job openings at our Richland facility or at other ATG job sites.

"Since early 1999, our engineers have conducted various tests on the application of the RDT technology as we are always looking for ways to enhance the health and safety of our employees and the general public. We are also focused on maximizing waste volume reduction and lowering our operating costs. We believe RDT will allow us to accomplish both of these goals," said Chiu.

"RDT, a non-thermal process operating at room temperature, allows us to combine our existing assets in both Richland and Oak Ridge in the most efficient manner, while at the same time providing our employees with a better working environment."

"Thermal processing facilities are expensive to operate and maintain," said Dan Mutman, chief financial officer of ATG. "Consolidating our thermal operations will increase cost efficiency and significantly reduce the Oak Ridge facility's overhead costs."

ATG is a radioactive and hazardous waste management company that offers comprehensive thermal and non-thermal treatment solutions for low-level radioactive and low-level mixed waste generated by commercial entities such as nuclear power plants, medical facilities and research institutions, both in the United States and overseas, and by the U.S. Departments of Defense and Energy.

This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in the forward-looking statements as a result of various factors set forth under "Factors Affecting Future Operating Results" in the company's annual report on Form 10-K and such other risks detailed from time to time in the company's other reports filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.