ATG Inc. Acquires Business Lines Expected To Generate Over $25 Million in 1999 Revenues.

FREMONT, Calif.--(BUSINESS WIRE)--Nov. 25, 1998--ATG Inc. (Nasdaq:ATGC) announced today the acquisition of certain wet waste and resin processing assets, technologies and business lines, including the Catalytic Extraction Process and Advanced Water Processing, from the trustee for Molten Metal Technologies (MMT). The purchase price includes payment of $10.5 million in cash, the assumption of certain liabilities and future payments related principally to resin processing earnings.

The business lines acquired by ATG currently generate approximately $20 million in annual revenues and are anticipated to grow at a 30 percent rate during 1999. New employees joining ATG from MMT will increase the total number of ATG employees to over 350.

Doreen Chiu, president and CEO of ATG said: "The business assets and contracts we are acquiring will strengthen our commercial LLRW (low-level radioactive waste) market position and improve our services through a licensed facility strategically located among a large concentration of East Coast customers. Existing contracts and teaming relationships that are part of the business acquired provide new international customers and exciting new opportunities in both Asia and Europe."

Bill Hewitt, president of ATG Waste Management Services explained: "This acquisition is fully consistent with our corporate strategic growth initiatives. The new contracts acquired increase our overall nuclear utility customer access to approximately 80 percent of the U.S. nuclear power reactors. Our ability to meet customer needs is increased through the Catalytic Extraction Process and Advanced Water Processing, both of which extend our Safglas process into exciting new areas."

The acquisition significantly increases ATG's ratio of commercial to government revenues, placing company personnel at nearly two dozen nuclear reactor sites. "We are well on our way to becoming the nation's leading low-level radioactive waste processor," said Ms. Chiu.

ATG was joined in the transaction by CNT Materials, LLC, a new company that will develop intellectual property also acquired from MMT. CNT Materials will own 10 percent of the resin processing business using the Catalytic Extraction Process. John Preston, president of CNT Materials said: "We find ATG's innovative and highly successful management style to be the perfect vehicle to bring the Catalytic Extraction Process strengths to the market in a compelling and cost-effective manner." As part of the transaction, ATG acquired certain rights with respect to future intellectual property developments of CNT Materials."

This announcement contains 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 including risk factors set forth under "Risk Factors" in the Company's Registration Statement (Commission File No. 333-46107) and such other risks detailed from time to time in the Company's 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.

ATG Inc. is a radioactive and hazardous waste management company that offers comprehensive thermal and non-thermal solutions to low-level radioactive and low-level mixed waste generated by the U.S. Departments of Defense and Energy and commercial entities such as nuclear power plants, medical facilities and research institutions, both in the United States and overseas. Revenues for the first nine months of the current fiscal year totaled some $21 million.