Commodore announces breakthrough in chemical warfare agent disposal.NEW YORK--(BUSINESS WIRE)--Aug. 9, 1996--Commodore Applied Technologies, Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :CXI CXI Common X-Windows Interface (Unix) CXI Color Mixer (Wyron, stage lighting) ) today announced the formation of Teledyne-Commodore, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a mutually-owned joint venture formed to pursue chemical demilitarization de·mil·i·ta·rize tr.v. de·mil·i·ta·rized, de·mil·i·ta·riz·ing, de·mil·i·ta·riz·es 1. To eliminate the military character of. 2. on a worldwide basis. The joint venture's chemical-warfare destruction technology is based on Commodore's proprietary Solvated Electron Technology (SET). In tests conducted at federally-licensed, independent surety laboratories, the SET process destroyed more than pound quantities (a commercial benchmark) of all U.S. stockpile chemical warfare agents, including mustard (HD), Lewisite lewisite (l `əsīt'), liquid chemical compound used as a poison gas. Like mustard gas and nitrogen mustard, it is a blistering agent; when inhaled, it is a powerful respiratory , and nerve gas (VX and GB). In other laboratory tests, SET has destroyed solid residues (heels) of chemical-warfare agents, as well decontaminating both metal and plastic surfaces. In addition, SET is the only technology that has successfully decontaminated charcoal filters that have been exposed to agents. The SET Process SET is a proprietary process that uses readily available materials in conventional, off-the-shelf chemical hardware to destroy chemical agents. The waste products are highly stable industrial salts. No detectable offgas is produced by the below-room-temperature process, and the overall "dry" waste stream is the smallest of any chemical agent destruction process. The joint venture, Teledyne-Commodore, LLC, will be operated by Teledyne, Inc.'s wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Teledyne Environmental, Inc., and Commodore's wholly-owned subsidiary, Commodore Government Environmental Technologies, Inc. Commodore Applied Technologies, Inc. is 72% owned by Commodore Environmental Services, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :COES COES College of Engineering and Science COES Committee on Open Electronic Systems COES Clinical Operational Equipment Sets ). Paul E. Hannesson, President of Commodore, noted, "Commodore's commitment to the protection of the environment in hazardous waste disposal has been confirmed by our participation in the development of the SET-based chemical weapon agent destruction systems. This breakthrough technology is a safe and cost-effective way to augment the Army's baseline program. Commodore is proud that its technology will be applied to eliminate an entire class of weaponry from world arsenals." Under the terms of the Chemical Weapons Convention Noun 1. Chemical Weapons Convention - a global treaty banning the production or acquisition or stockpiling or transfer or use of chemical weapons currently in the process of being ratified internationally, world stockpiles of chemical weapons agents are scheduled for destruction within ten years following final ratification. The United States, however, has unilaterally committed to the destruction of 30,000 tons of chemical weapons agents by the year 2004. Teledyne and Commodore estimate that the international market for chemical weapons disposal and related services is in excess of $80 billion over the next 10 to 20 years. The First U.S. EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. Permit In March 1996, Commodore's SET process received the U.S. Environmental Protection Agency's first-ever nationwide, portable, non-thermal permit for the destruction of PCBs. In April, at a special White House Conference, the Clinton Administration announced that Commodore's SET process is one of three environmental remediation technologies in its Rapid Commercialization Initiative (RCI RCI Royal Caribbean International RCI Radio Canada International RCI Rehabilitation Council of India RCI Residential Communities Initiative RCI Roof Consultants Institute RCI Remote Control Interface RCI Residential, Commercial, Industrial ). The program is designed to streamline the process of moving U.S.-based environmental services and technologies to national and international markets. It is expected to abolish government red tape so that agencies like the Departments of Energy and Defense can realize cost-effective efficiency and step up the implementation of state-of-the-art technology. CONTACT: Commodore Applied Technologies, Inc. Melissa C. Berkowitz 150 East 58th Street, Ste. 3400 New York, New York 10155 Tel. (212) 308-5800/Fax. (212) 753-0731 or INVESTOR RELATIONS COUNSEL: The Equity Group Inc. Terry Hosmer (212) 836-9610 Robert Goldstein (212) 371-8660 or Teledyne Brown Engineering/Teledyne Environmental: Dr. Charles H. Fox, President, Teledyne Environmental P.O. Box 070007, MS 78 Huntsville, AL 35807-7007 Tel. (205) 726-2600 |
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