American Ecology Launches New Management Information System at Hazardous Waste Disposal Facilities.Business Editors BOISE, Idaho--(BUSINESS WIRE)--June 17, 2003 System to Speed Order to Cash Cycle, Improve Customer Service and Business Tracking Stephen Romano, President and Chief Executive Officer of American Ecology Corporation (Nasdaq:ECOL ECOL es.comp.os.linux.* (newsgroups) ECOL Emmanuel Church of Lakewood (San Francisco, CA) ), today announced implementation of the American Ecology Standard Operating Platform ("AESOP Aesop (ē`səp, ē`sŏp), legendary Greek fabulist. According to Herodotus, he was a slave who lived in Samos in the 6th cent. B.C. and eventually was freed by his master. "), the Company's new production software. "American Ecology's new management information system should significantly improve cash flow by speeding our order to cash cycle," Romano stated, adding, "The new production system will also deliver better service to our customers, and improved efficiency through rapid access to critical business information." The Company implemented the new system at its Beatty, Nevada Beatty is a census-designated place and town located on the Amargosa River in Nye County in the U.S. state of Nevada. The population was 1,154 at the 2000 census. Wired telephone service numbers for the Beatty central office follow the format: (775) 553-xxxx. and Robstown, Texas waste treatment and disposal facilities in May. The Company's Grand View, Idaho Grand View is a city in Owyhee County, Idaho, United States. The population was 470 at the 2000 census. Geography Grand View is located at (42.984803, -116.093277)GR1. treatment and disposal facility will convert to the new operating platform in July of 2003. AESOP operates on a high-availability Oracle/Linux platform, and was entirely built by Company personnel. "The new production system is fully integrated with our centralized financial system, providing real-time information access that is unprecedented at American Ecology," stated John Cooper, Director of Information Systems. "This not only reduces cost, but will improve decision-making and strengthen our longstanding commitment to providing quality customer service," Cooper concluded. American Ecology Corporation, through its subsidiaries, provides radioactive, PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. , hazardous and non-hazardous waste services to commercial and government customers throughout the United States, such as nuclear power plants, steel mills, medical and academic institutions and petro-chemical facilities. Headquartered in Boise, Idaho, American Ecology is the oldest 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. services Company in the United States. This press release contains forward-looking statements that are based on our current expectations, beliefs, and assumptions about the industry and markets in which American Ecology Corporation and its subsidiaries operate. Actual results may differ materially from what is expressed herein and no assurance can be given that the company can successfully implement its growth strategy, generate future earnings, or achieve the improved cash flow contemplated by implementation of its new management information flow. For information on factors that could cause actual results to differ from expectations, please refer to American Ecology Corporation's 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 most recent Form 10-Q Form 10-Q See 10-Q. filed with the Securities and Exchange Commission. |
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