Perma-Fix Celebrates 30th Anniversary Providing Innovative Solutions to the Nation’s Most Pressing Environmental Challenges Nasdaq:PESI

ATLANTA, April 13, 2021 (GLOBE NEWSWIRE) – Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today celebrates the Company’s 30th anniversary. Perma-Fix was founded in 1991 by Dr. Louis F. Centofanti and is a leader in nuclear waste management, nuclear services and health physics.

Mark Duff, Chief Executive Officer, stated, “Over 30 years ago, Dr. Centofanti the enormous waste problems that our country is facing. Through his vision and execution, Perma-Fix began developing unique technologies to address some of the most difficult waste streams in the country. Today we operate four nuclear waste treatment facilities that house some of the most advanced waste management technologies in the world. These facilities enable us to provide comprehensive services for industrial, radioactive and mixed waste nationwide. Our customers are government, industrial, medical and other trade organizations in North America, Canada and the European Union. Over the past decade, Dr. Centofanti the need to diversify the strengths of radioactive waste management and to apply them to field use in order to offer our customers a full service offer. This practice has grown to be a comprehensive capability for nuclear services and has quickly become an industry leader in health physics, radiation protection and remediation to help protect human health and the environment. On behalf of the Perma-Fix family, I am sincerely grateful for Dr. Centofanti as well as for the hard work and tireless commitment of our employees who have made it possible for all of us to reach this significant milestone. “

Dr. Louis F. Centofanti, Founder and Executive Vice President of Strategic Initiatives, said: “I am very proud of the entire Perma-Fix team. Over the past 30 years we have successfully developed and deployed solutions for a wide variety of complex waste streams while maintaining proper safety records. Given the inherent challenges posed by radioactive waste, we appreciate the trust our customers have placed in us as we continually strive to provide unparalleled service and value. I firmly believe that our best years are ahead and we look forward to continuing our mission of providing clean and safe environments for future generations. “

About Perma-Fix Environmental Services

Perma-Fix Environmental Services, Inc. is a nuclear services company and a leading provider of nuclear and mixed waste disposal services. The Company’s nuclear waste services include radioactive and mixed waste disposal and treatment for hospitals, research laboratories and institutions, federal agencies, including the US Department of Energy (“DOE”), the US Department of Defense (“DOD”), and the US Department of Defense commercial Nuclear industry. The company’s nuclear services group offers our customers project management, waste management, environmental remediation, decontamination and decommissioning, new construction as well as radiation protection, safety and occupational hygiene. The company operates four nuclear waste treatment facilities and provides nuclear services at DOE, DOD and commercial facilities nationwide.

Please visit us at http://www.perma-fix.com.

This press release contains “forward-looking statements,” which are based largely on company expectations and involve various business risks and uncertainties, some of which are beyond the control of the company. Forward-looking statements can generally be identified by the words “believe”, “expect”, “intend”, “anticipate”, “plan”, “estimate”, “project” and similar expressions. Forward-looking statements include, but are not limited to: Continuing our mission. These forward-looking statements are intended to qualify for the safe havens of liability established by the Private Securities Litigation Reform Act of 1995. While the company believes that the expectations contained in this press release are reasonable, there can be no guarantee that such expectations will prove to be correct. There are a variety of factors that could cause future results to differ materially from those described in this press release, including, without limitation, future economic conditions. Industry conditions; Competitive pressure; our ability to apply and commercialize our new technologies; The government or other party that has granted us a contract does not adhere to or comply with the contract or does not deliver waste as provided for in the contract. Inability to win bid projects; Congress does not provide ongoing funding for the DOD and DOE remediation projects. Inability to obtain new foreign and domestic reorganization contracts; Effects of COVID-19; and the “Risk Factors” discussed in our 2020 Form 10-K and the additional factors referred to under “Special Note Regarding Forward-Looking Statements”. The company undertakes no obligation to disclose changes in any forward-looking statement or any fact, event or circumstance after the date of this document that affects any forward-looking statement.

Please visit us on the World Wide Web at http://www.perma-fix.com.

Contacts:
David K. Waldman-US Investor Relations
Crescendo Communications, LLC
(212) 671-1021

Herbert Strauss-European Investor Relations
[email protected]
+43 316 296 316