Commodore Applied Technologies, Inc. reports second quarter, six month results.

NEW YORK--(BUSINESS WIRE)--Aug. 14, 1996--Commodore Applied Technologies, Inc. (ASE:CXI, CXIW (Warrants)) today announced financial results for the three and six month periods ended June 30, 1996. -0-

           Commodore Applied Technologies, Inc. and Subsidiaries
               Condensed Consolidated Statements of Operations
                                (Unaudited)

                       Three Months           Six Months
                      Ended June 30,         Ended June 30,
                      1996     1995          1996       1995

Revenues            14,000       --         14,000       --
Net Loss       $(1,073,000) $(828,000) $(1,996,000)  $(1,641,000)
Net Loss Per Share $  (.07) $    (.06) $      (.13)  $      (.11)
Weighted Average
 Number
 of Shares
 Outstanding    15,165,000  15,000,000  15,082,000    15,000,000

    Commodore Applied Technologies, Inc. completed its initial public
offering of Common Stock and Redeemable Warrants on July 3, 1996,
raising gross proceeds of $35,075,000.  Commodore Applied
Technologies, Inc., an environmental technology company is in the
process of commercializing its patented process known as AGENT 313d.
Based on the results of its extensive testing, the Company believes
that AGENT 313 is capable of effectively treating and decontaminating
soils and other materials, including sludges, sediments, oils and
other hydrocarbon liquids, metals and porous and non-porous
structures and surfaces, by destroying polychlorinated biphenyls
(PCBs), pesticides, dioxins, chlorinated substances, chemical and
biological phosphates and other toxic contaminants to an extent
sufficient to satisfy current federal environmental guidelines.  The
Company also believes that, based on the results of additional tests,
AGENT 313 is capable of neutralizing chemical weapons materials and
warfare agents and of concentrating certain radioactive wastes for
more effective disposal.

CONTACT: Commodore Applied Technologies, Inc.

Melissa C. Berkowitz

[phone]

OR

The Equity Group Inc.

Terry Hosmer [phone]

Robert Goldstein [phone]