ATG Wins $2.2 Million Contract; Company's Services to be Used in Remediation of San Mateo Landfill.Business Editors FREMONT, Calif.--(BUSINESS WIRE)--Aug. 16, 2000 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 and low-level mixed waste treatment services, today announced that it has been selected by the City of San Mateo, California San Mateo is a city in San Mateo County, California, in the San Francisco Bay Area. It is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the East, and Belmont to the south. to perform clean-up and remediation efforts as part of the city's East Third Avenue Landfill Closure Phase I Project. ATG's contract with the city of San Mateo is valued at $2.2 million and the company expects its Field Engineering Group to begin work in mid- to late-August with completion scheduled for mid- to late-November of this year. "Our ability to provide a wide array of high-quality remediation services at a competitive price was instrumental in winning this contract," said Doreen Chiu, president and chief executive officer of ATG. "Our Field Engineering Group continues to provide a significant revenue stream for the company and is a strong complement to our fixed facilities operations in Richland, WA and Oak Ridge, TN." The contract calls for ATG to provide the following services: - Clearing and grubbing 34.5 acres of the landfill - Demolition and reinstallation of monitoring wells - Scarifying and compacting existing cover soils as foundation layer - Installing geosynthetic clay liner A geosynthetic clay liner (GCL) is a woven fabric like material primarily used for the lining of landfills. It is a kind of geomembrane and geosynthetic which incorporates a bentonite or other clay, which has a very low hydraulic conductivity. over the entire 34.5 acres - Placing and compacting vegetative vegetative /veg·e·ta·tive/ (vej?e-ta?tiv) 1. of, pertaining to, or characteristic of plants. 2. concerned with growth and nutrition, as opposed to reproduction. 3. cover soils over the liner - Finishing surface final lines and grades - Building surface water drainage ditches - Constructing more than 3,000 feet of segmental retaining wall - Constructing aggregate base sections - Performing site restoration and re-vegetation 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 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. Certain statements contained in this news release may be deemed to be forward-looking statements under federal securities laws, and ATG, Inc. intends that such forward-looking statements be subject to the safe-harbor created thereby. Such forward-looking statements relate to the commencement and completion of the East Third Avenue Landfill project, and the revenue generated by ATG's Field Engineering Group. ATG cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements herein. Such factors include, but are not limited to unforeseeable Un`fore`see´a`ble a. 1. Incapable of being foreseen. Adj. 1. unforeseeable - incapable of being anticipated; "unforeseeable consequences" unpredictable - not capable of being foretold delays in the execution of the East Third Avenue Landfill project, market acceptance of ATG's remediation services, the company's perception of the market for its services, ATG's ability to successfully win additional remediation contracts in the future; and other risks as detailed in ATG'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. , quarterly report on Form 10-Q Form 10-Q See 10-Q. , and other filings from time to time with the Securities and Exchange Commission. The Financial Relations Board, Inc. serves as financial relations counsel to this company and is acting on the company's behalf in issuing this bulletin and receiving compensation therefor there·for adv. For that: ordering goods and enclosing payment therefor. Adv. 1. therefor . The information contained herein is furnished for information purposes only and is not to be construed as an offer to buy or sell securities. |
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