Perma-Fix
Hosts Corporate Presentation on Investor Roadshow Website;
Provides
Business Overview and Update
ATLANTA – February 11, 2010 —
Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) today announced
that it has posted its investor presentation along with an audio recording of
Dr. Louis F. Centofanti on the Investor Roadshow website (www.InvestorRoadshow.com),
an online portal for connecting investors with executives of publicly traded
companies.
Dr. Louis
F. Centofanti, Chairman and CEO, commented, "We are very well positioned in the
nuclear waste treatment and nuclear services industry. We
experienced strong revenue growth for the third quarter and first nine months of
2009. In the third quarter alone, revenue grew approximately 66%
compared to the same period last year and we generated net income of $2.6
million versus net loss of $341,000 in the same period last
year. We expect our growth will continue in the fourth quarter
and 2010 as we treat more complex waste streams. We will be providing
our fourth quarter and calendar year 2009 financial results in mid March with
the release of our fourth quarter 2009 results. In the meantime, feel free to
access our corporate presentation at the Investor Roadshow
website.”
About
Investor Roadshow
Investor
Roadshow brings the experience of attending a one-on-one meeting or group
presentation with corporate management direct to your home or
office. For qualified institutions and individual investors, a live
one-on-one virtual meeting can be arranged through the site that suits investors
busy schedules, complete with Q&A. Investors can also utilize the site to
request additional information from the featured companies. The
proprietary Investor Roadshow technology, powered by Equisolve, seamlessly
integrates with the company’s own IR
website.
About
Perma-Fix Environmental Services
Perma-Fix
Environmental Services, Inc., a national environmental services company,
provides unique mixed waste and industrial waste management services. The
Company’s increased focus on nuclear services includes radioactive and mixed
waste treatment services for hospitals, research labs and institutions, federal
agencies, including DOE, DOD, and nuclear utilities. The Company’s industrial
services treat hazardous and non-hazardous waste for a variety of customers
including, Fortune 500 companies, federal, state and local agencies and
thousands of other clients. Nationwide, the company operates seven waste
treatment facilities.
This
press release contains “forward-looking statements” which are based largely on
the Company's expectations and are subject to various business risks and
uncertainties, certain of which are beyond the Company's control. All
statements, other than statements of historical facts, are forward-looking
statements. Statements that include words “expect”, “intend”, “plan”,
“believe”, “project”, “anticipate”, “estimate”, and similar statements of a
future or forward-looking nature are forward-looking
statement. Forward-looking statements include, but are not limited
to: that we expect our growth to continue into the fourth quarter and
2010. These forward-looking statements are intended to qualify for
the safe harbors from liability established by the Private Securities Litigation
Reform Act of 1995. While the Company believes the expectations reflected in
this news release are reasonable, it can give no assurance such expectations
will prove to be correct. There are a variety of factors which could cause
future outcomes to differ materially from those described in this release,
including, without limitation: future economic conditions; industry conditions;
competitive pressures; type of waste that we treat; our ability to apply and
market our technologies; neither the federal government nor any other party to a
subcontract involving the federal government terminates or renegotiates any
material contract granted to us prior to expiration of the term of the contract,
as such contracts are generally terminable or renegotiated on 30 day notice, at
the government’s option; the government or such other party to a contract fails
to abide by or comply with the contract or deliver waste as anticipated under
the contract; that congress fails to provide appropriate funding for the
contemplated remediation projects; and the additional factors referred to under
"Special Note Regarding Forward-Looking Statements" of our 2008 Form 10-K and
Form 10-Q for the quarters ending March 31, 2009, June 30, 2009, and September
30, 2009. The Company makes no commitment to disclose any revisions to
forward-looking statements, or any facts, events or circumstances after the date
hereof that bear upon forward-looking statements.
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
316 296 316
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