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Perma-Fix Signs Option Agreement to License Technology for Use in Proprietary Process to Produce Medical Isotopes
Date:6/3/2011

n the past to produce radioisotopes for medicinal uses and this technology is a natural extension of our capabilities into new markets.  Ultimately, we believe these technologies will not only reduce costs, help the environment, and solve proliferation concerns, but more importantly, will benefit the patients that require a steady and reliable supply of these isotopes for life saving medical procedures.  We are very proud to be a part of this major undertaking."

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 the Department of Energy ("DOE"), the Department of Defense ("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.

About Battelle

Battelle is the world's largest independent research and development organization with 22,000 employees in more than 130 locations worldwide.  Headquartered in Columbus, Ohio, Battelle manages or co-manages six national laboratories for the U.S. Department of Energy, including Pacific Northwest National Laboratory in Richland, Wash.   PNNL employs 4,900 staff, has an annual budget of nearly $1.1 billion, and has been managed by Battelle since the lab's inception in 1965.

This press release contains "forward-looking statements" which are based largely on the Company's expectations and are subject to various business risks and u
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SOURCE Perma-Fix Environmental Services, Inc.
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