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International Isotopes Inc. Announces 2012 Year End Financial Results
Date:3/28/2013

IDAHO FALLS, Idaho, March 28, 2013 /PRNewswire/ -- International Isotopes Inc. (OTC Bulletin Board: INIS)  announces the financial results for fiscal year ended December 31, 2012, and plans for a shareholder conference call to review these results and provide a general update on the business performance and plans of the Company in 2013.

What: International Isotopes Inc.Year End Financial Results and General Business Update.When: Monday, April 1, 2013 at 10:00AM Central TimeHow:  Live via phone by dialing 800-624-7038. Code: International Isotopes. Steve Laflin , President and CEO of International Isotopes, Inc. will be leading the call. Participants to the conference call should call in at least 5 minutes prior to the start time. For those who cannot attend the call, an audio replay with be archived on the Company's web site www.internationalisotopes.com on Tuesday, April 2, 2013.RevenueTotal revenue in 2012 was $7,621,934, compared to $9,462,012 in 2011, which represents a decrease of $1,840,078, or approximately 20%.  Each of the Company's business segments reported decreased revenue in 2012.

Sales of Cobalt Products decreased by 41% to $1,369,130 in 2012, as compared to $2,339,154 in 2011. The decrease in revenue in this segment was attributable to a combination of a decrease in the production rate of high specific activity material caused by the delays in U.S. Department of Energy's (DOE) contracting and a curtailment of cobalt handling by the DOE pending an investigation of a damaged cobalt target in the test reactor.

The Company previously reported in December 2011 that it was forced into a new contract arrangement through the DOE Office of Science National Isotope Development Center (NIDC).  As expected, this change in con
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SOURCE International Isotopes Inc
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