Perma-Fix
Environmental Services Announces
Departure
of Chief Financial Officer
and
Names New Interim Chief Financial Officer
ATLANTA—October
27, 2008—Perma-Fix Environmental Services, Inc. (NASDAQ: PESI)
(“Perma-Fix”)
today announced that Steve Baughman, the Company’s Chief Financial Officer, has
resigned effective October 31, 2008, to pursue other business opportunities.
Ben
Naccarato, who joined the Company in 2004 and currently serves as Vice
President, Corporate Controller and Treasurer, will assume Mr. Baughman’s
responsibilities and will serve as Interim Chief Financial Officer effective
November 1, 2008, until a permanent replacement is named.
Mr.
Naccarato brings twenty years experience in senior financial positions in the
waste management and used oil industries. Prior to joining Perma-Fix, Mr.
Naccarato served as Chief Financial Officer for Culp Petroleum Company Inc,
a
fuel distribution and used waste oil company. Prior to that he spent fourteen
years at Safety-Kleen Corp, in various corporate and operational positions
including Director of Financial Planning and Analysis.
Dr.
Louis
F. Centofanti, Chairman and CEO, stated, “Ben Naccarato has been a tremendous
asset to the company. We have the utmost confidence in his abilities and
anticipate a seamless transition. The Board of Directors and I also wish to
express our gratitude to Steve for his service to the Company and wish him
well
in his new endeavors.”
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.
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Contacts:
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Dr.
Louis F. Centofanti, Chairman and CEO
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David
K. Waldman-US Investor Relations
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Perma-Fix
Environmental Services, Inc.
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Crescendo
Communications, LLC
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(770)
587-5155
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(212)
671-1020 x101
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Herbert
Strauss-European Investor Relations
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herbert@eu-ir.com
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+43
316 296 31
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