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PERMA-FIX ENVIRONMENTAL SERVICES SIGNS LETTER OF INTENT TO ACQUIRE AMERICAN RESOURCE RECOVERY

 ATLANTA, April 19 /PRNewswire/ -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) announced today that it has signed a letter of intent to acquire American Resource Recovery, Inc. (ARR) of Memphis, Tenn.
 The acquisition is subject to due diligence, completion of a definitive agreement and governmental approval. ARR operates an environmental remediation operation and a Part B permitted hazardous waste treatment facility in Memphis. In 1992, ARR had revenues of approximately $5.8 million.
 Dr. Louis F. Centofanti, president of PESI, stated, "the acquisition will have a major impact on Perma-Fix by expanding its operations into the southeastern United States. Additionally, ARR's focus on paint, oil and solvent recycling will significantly enhance the services previously available through PESI."
 Perma-Fix Environmental Services, Inc. provides environmental engineering and hazardous waste treatment and reclamation services.
 -0- 4/19/93
 /CONTACT: Priscilla Price of Perma-Fix Environmental Services, 404-847-9990/
 (PESI)


CO: Perma-Fix Environmental Services, Inc.; American Resource Recovery,
 Inc. ST: Georgia, Tennessee IN: ENV SU: TNM


BN-BR -- AT005 -- 7241 04/19/93 09:50 EDT
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Publication:PR Newswire
Date:Apr 19, 1993
Words:168
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