Break Through Performance of the Gasvit System.Business Editors FREMONT, Calif.--(BUSINESS WIRE)--March 26, 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 premier waste management company, with its leading operations in Richland, Washington Richland is a city in Benton County in southeastern Washington, at the confluence of the Yakima River and the Columbia River. As of the 2000 census, the city population was 38,708, with a 2005 population estimate of 43,520. , which serves the niche Low-Level Mixed Waste market in the DOE complex, especially in the thermal non-incineration field, announced record performance in the operation of its one-of-a kind vitrification vit·ri·fi·ca·tion n. The process of using heat and fusion to convert dental porcelain to a glassy substance. vitrification facility in the world, dedicated to the DOE goals in the destruction of Low-Level Mixed Waste generated during the cold war operations of the production facilities in the U.S. ATG recognizes the need for a reliable technology that would prove to be an effective alternative to incineration incineration the act of burning to ashes. . ATG expended nearly $30 million of its own money in building and operating the vitrification (thermal) facility that would prove to be the most effective alternative to incineration when it comes to mixed waste. As of March 25, 2001, ATG's low-level mixed waste vitrification facility in Richland, operated continuously for 35 hours processing wastes from DOE/Fluor Hanford, a record breaking event in the waste processing industry. "This is a record performance for any thermal Mixed Waste facility in the U.S.," commented Doreen Chiu, the Chief Executive Officer of ATG, Inc. Fully in consort with the industry goals, ATG's Gasvit(TM) system recorded exceptional performance record, demonstrating destruction and processing of activated carbon and contaminated contaminated, v 1. made radioactive by the addition of small quantities of radioactive material. 2. made contaminated by adding infective or radiographic materials. 3. an infective surface or object. soil from Hanford, Washington. This DOE's crown jewel Crown jewel A particularly profitable or otherwise particularly valuable corporate unit or asset of a firm. Often used in risk arbitrage. The most desirable entities within a diversified corporation as measured by asset value, earning power, and business prospects; in takeover in its Mixed Waste treatment options facility constructed out of private funds by ATG, Inc is proving to be the most effective alternative to incineration the nation has targeted for nearly a decade. Recently, the DOE, participated with ATG in the success of the U.S. developed melter technology by advancing funding to ATG for wastes to be treated. Additionally, the DOE is also providing the critical funding necessary to enable ATG to conduct a series of challenging regulatory demonstrations to prove that not only the permitted regulatory Mixed Waste test destruction runs are proven, but also that the facility might be utilized for the destruction and stabilization of TRUWASTE, the DOE's most challenging waste stream resulting from the legacy of the cold war production era. About ATG Inc. ATG Inc. is a leading provider of environmental technologies, hazardous and radioactive waste management Radioactive waste management The treatment and containment of radioactive wastes. These wastes originate almost exclusively in the nuclear fuel cycle and in the nuclear weapons program. Their toxicity requires careful isolation from the biosphere. services. The Company offers comprehensive thermal and non-thermal treatment solutions for hazardous, radioactive and mixed wastes. The Company's Fixed Facilities Division and Engineering and Construction Division provide waste management, and environmental restoration services for commercial, institutional and government clients such as nuclear power plants, medical facilities, research institutions, and the U.S. Departments of Defense and Energy. This news release may contain forward-looking statements pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involves risks and uncertainties, including, without limitation, the Company's new products and services, the GASVIT(TM) system, competition, and various 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. |
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