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ATG Triples Its Thermal Treatment Capacity for Low Level Radioactive Waste.


Business Editors

HAYWARD, Calif.--(BUSINESS WIRE)--June 7, 2001

ATG ATG antithymocyte globulin.
lymphocyte immune globulin (antithymocyte globulin equine, ATG, ATG equine, LIG)

Atgam

Pharmacologic class: Immunoglobulin

Therapeutic class: Immunosuppressant
 Inc. (Nasdaq:ATGC ATGC Adenine,Thymine, Guanine, & Cytosine
ATGC Asiantaeth Trwyddedu Hywyr A Cherbydau (Welsh: Driver and Vehicle Licensing Agency, UK) 
), a leading provider of low-level radioactive waste Noun 1. low-level radioactive waste - (medicine) radioactive waste consisting of objects that have been briefly exposed to radioactivity (as in certain medical tests)  ("LLRW LLRW Low-Level Radioactive Waste ") and low-level mixed waste treatment services with processing facilities located in Richland, Washington and Oak Ridge, Tennessee Oak Ridge is an incorporated city in Anderson and Roane Counties in East Tennessee, about 25 miles northwest of Knoxville. Oak Ridge's population was 27,387 people at the 2000 census. , today announced the commissioning of its second Bulk Processing Unit ("BPU BPU

benzoylphenyl urea.
") at the company's Richland, Washington facility.

With the addition of the newly-installed equipment and the associated facilities upgrade completed earlier, total installed capacity is three times of the initial production capacity.

The company's first BPU was put into service in 1998, the unit has since been proven extremely reliable in waste processing. The second BPU ("BPU#2") is an upgraded version of the earlier design with special enhancements designed to reduce manual handling and process cycle time. The improvements include a continuous-cycling device and a waste off-loading sub-system. One additional operator is required per shift to support the LLRW thermal operations

The successful implementation of BPU#2 concludes the final phase of the company's master plan for LLRW equipment upgrades. The overall plan, originally initiated in late 1998, is specifically designed to enable the company to increase LLRW treatment capacity and to improve company-wide waste processing capabilities. The equipment upgrades include the construction of a state-of-the-art air pollution control infrastructure, an off-gas processing system, and a second generation BPU.

"The new capacity will enable us to significantly accelerate processing the backlog of waste at the Richland facility," said Vik Mani Mani (mä`nē): see Manichaeism.
Mani
 or Manes or Manichaeus

(born April 14, 216, southern Babylonia—died 274?, Gundeshapur) Persian founder of Manichaeism.
, Chief Operations Manager of ATG. "After a long eighteen-month delay, the new equipment will once again allow us to execute our business plan more effectively, unit cost of operations can be materially reduced thereby improving overall gross margins".

About ATG Inc.

ATG Inc. is a radioactive and hazardous waste Hazardous waste

Any solid, liquid, or gaseous waste materials that, if improperly managed or disposed of, may pose substantial hazards to human health and the environment. Every industrial country in the world has had problems with managing hazardous wastes.
 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 such as new products and services, actual performance of BPU#2 and other waste processing equipment, and other factors set forth under "Factors Affecting Future Operating Results" in the Company's annual report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 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.

Note to Editors: The abbreviation abbreviation, in writing, arbitrary shortening of a word, usually by cutting off letters from the end, as in U.S. and Gen. (General). Contraction serves the same purpose but is understood strictly to be the shortening of a word by cutting out letters in the middle,  for second Bulk Processing Unit ("BPU#2") noted throughout this news release has a pound sign between BPU and 2. This symbol may not appear properly in some systems.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 7, 2001
Words:511
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