Duratek, Inc. (NASDAQ:DRTK) today announced its Bear Creek (TN) processing facility has been certified as the first commercial facility in the U.S. to ship low-level radioactive waste to the Nevada Test Site (NTS) and made its first shipment to NTS on September 8, 2005. NTS disposes of low-level radioactive waste generated by the Department of Energy (DOE) and DOE-funded facilities, and can receive and dispose of waste that is not accepted at other commercial and government-operated disposal facilities. Robert Prince, President and CEO said, "This certification further expands the Company's capabilities as a full-service manager of low-level radioactive waste and expands our Commercial Processing Group's base business. DOE customers now have the means to certify and ship many of their difficult waste streams for disposal at NTS through Duratek." To earn this first-of-its-kind certification, Duratek went through a rigorous audit administered by NTS under their radioactive waste acceptance program. The Duratek program includes an on-site Waste Certification Officer qualified to perform the waste type, waste form, and package inspections needed to certify waste as acceptable for disposal at NTS. Duratek will be able to process, package, and transport the material to disposal. Duratek provides safe, secure radioactive materials disposition and nuclear facility operations for commercial and government customers. Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of Section 21E(i)(1) of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Duratek's actual results to be materially different from any future results expressed or implied by these statements. Such factors include the following: the Company's ability to manage its commercial waste processing operations, the timing and award of contracts by the U.S. Department of Energy for the cleanup of waste sites administered by it; the acceptance and implementation of the Company's waste treatment technologies in the government and commercial sectors; and other large technical support services projects; the Company's ability to successfully add revenues from new contracts; and the timing of completing existing contracts. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in the Company's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K.
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