Perma-Fix
Completes Sale of Tulsa Industrial Facility
for
Approximately $1. 5 Million
ATLANTA
-June 3, 2008 — Perma-Fix Environmental Services, Inc. (NASDAQ:
PESI)
(“Perma-Fix”) has completed the previously announced sale of one of its
Industrial segment facilities located in Tulsa, Oklahoma, to A Clean Environment
Company, Inc. (“ACE”) for approximately $1.5 million in cash, subject to certain
working capital adjustments during the third quarter of 2008, and the assumption
of certain liabilities. ACE is an environmental services company located in
Wilson, Oklahoma.
The
sale
of the Tulsa facility by Perma-Fix represents the third completed transaction
in
connection with Perma-Fix’s plan to divest all or large part of its Industrial
segment. Perma-Fix has previously disclosed the completion of the sale of its
Maryland and Dayton, Ohio, facilities within its Industrial
segment.
About
Perma-Fix Environmental Services
Perma-Fix
is a national environmental services company, providing unique mixed waste
and
industrial waste management services. Perma-Fix has increased its focus on
the
nuclear services segment, which provides radioactive and mixed waste treatment
services to hospitals, research laboratories and institutions, numerous federal
agencies including DOE and the U.S. Department of Defense and nuclear utilities.
The Industrial segment provides hazardous and non-hazardous waste treatment
services for a diverse group of customers including Fortune 500 companies,
numerous federal, state and local agencies and thousands of smaller
clients.
Please
visit us on the World Wide Web at http://www.perma-fix.com.
Contacts:
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Dr.
Louis F. Centofanti, Chairman and CEO
|
David
K. Waldman-US Investor Relations
|
|
Perma-Fix
Environmental Services, Inc.
|
Crescendo
Communications, LLC
|
|
(770)
587-5155
|
(212)
671-1020 x101
|
| |
|
|
Herbert
Strauss-European Investor Relations
|
|
|
herbert@eu-ir.com
|
|
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+43
316 296 31
|
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