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News Releases |
* Reports Third Quarter 2003 Results * Contract with Envirocare of Utah for Mixed Waste Treatment * Contract with ToxCo Metals for Sodium Disposal * Results of Company's 2002 Annual Meeting Held on September 12, 2003 * Reports Second Quarter 2003 Results * 2002 Annual Meeting September 12, 2003 * Reports First Quarter 2003 Results * Sets Record Date and Meeting Date for Annual Shareholders Meeting
Commodore Applied
Technologies, Inc.
Commodore Applied Technologies, Inc.
NEW YORK, NY - December 17, 2004 - Commodore Applied
Technologies, Inc. (OTCBB: CXII), today announced that it has initiated
correspondence to its shareholders stating that the Company will hold its 2003
Annual Meeting of shareholders on February 8, 2005. The record date for
determination of shareholders entitled to notice of meeting and to vote at the
meeting is December 14, 2004. Commodore Chairman and CEO Shelby Brewer stated:
"We welcome the shareholders to attend the 2003 Annual Meeting in person to
meet management and discuss the future of the Company."
### Commodore Applied Technologies:
NEW YORK, NY - November 16, 2004 - Commodore Applied Technologies, Inc. (OTCBB: CXII), today announced financial results for the three and nine months ended September 30, 2004 (see table below). Commodore Applied Technologies, Inc. and Subsidiaries
C ommodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies and Commodore Advanced Sciences. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com.This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore's ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K. ### Commodore Applied Technologies, Inc.
NEW YORK, NY - November 10, 2004 - Commodore Applied Technologies, Inc. (OTCBB: CXII), today announced that it has initiated correspondence to its shareholders stating that the company will hold its 2003 Annual Meeting of shareholders on December 21, 2004. The record date for determination of shareholders entitled to notice of meeting and to vote at the meeting is November 10, 2004. Commodore Chairman and CEO Shelby Brewer said: “The Company has had a watershed year as evidenced by the recent EDAM contract award in Oak Ridge, TN. We continue to bid on important projects to showcase our SET technology and our core engineering services. The EDAM contract stabilizes the engineering component of our business portfolio. Management is resolute in its mission to the Company and all its stakeholders as we position the Company for future success. We welcome the shareholders to attend the 2003 Annual Meeting in person to meet management and discuss the future of the Company.” Additionally, Commodore Applied Technologies, Inc. announced today that a protest of a provisional contract award to a team led by its wholly owned subsidiary, Commodore Advanced Sciences, Inc. (CASI) has been resolved in the company’s favor. The contract has been awarded by Bechtel Jacobs, a prime contractor to the US Department of Energy (DOE). The contract has duration of four years and involves environmental sampling in the Oak Ridge, TN area (EDAM). The EDAM contract award to a team lead by CASI was protested to the Small Business Administration (SBA) by another bidding team led by MDM Services Corporation (MDM). The SBA, on review of the facts, denied all aspects of the protest brought forth by MDM. Mr. Brewer said: “Now that this MDM led protest has been denied by the SBA, we can continue with the transition of the EDAM contract to the CASI led team and deliver a high quality product to our client, Bechtel Jacobs.” Additionally, Commodore Applied Technologies, Inc. announced today that a protest of the Fast Flux Test Facility (FFTF) contract award by DOE has been filed by the two losing teams. The contract has been conditionally awarded to a team led by Safety and Ecology Corporation (SEC). The contract has duration of seven years and involves the dismantling of FFTF at the Richland, WA DOE site. The FFTF contract award was protested to the DOE/GAO (General Accounting Office) and the SBA by both losing teams in the final bidding process. Mr. Brewer added, “We feel the Company has the best available technology to treat the FFTF sodium inventory --- the SET technology is safer, quicker, cheaper, and more flexible than alternative methods for treating elemental sodium. We stand ready to assist whichever team ultimately receives this work from the DOE. ” Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies and Commodore Advanced Sciences. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com.This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore’s ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K. ### Commodore Applied Technologies, Inc. NEW YORK, NY - September 2, 2004 - Commodore Applied Technologies, Inc. (OTCBB: CXII), today announced that its wholly owned engineering services subsidiary, Commodore Advanced Sciences, Inc. (CASI), has been awarded an environmental sampling and data integration contract by Bechtel Jacobs Company LLC of Oak Ridge, TN. CASI is the lead small business member of the Commodore Advanced Sciences Team (CAST), which also includes team members Science Applications International, Inc. (SAIC), and RCS Corporation (RCS). The Environmental Data Acquisition and Management (eDAM) contract awarded to CAST is valued at over $12 million for the base and option periods September 2004-2008. The eDAM contract scope of work includes three major components: execution of environmental sampling, sample management, and environmental information management. Sampling includes collecting soil, groundwater, surface water, air, sediment, biological, waste characterization, and building D&D samples in support of site closures and CERCLA, RCRA, NPDES, and TSCA compliance at all three U. S. Department of Energy (DOE) Oak Ridge sites: ETTP, ORNL, and Y-12. Sample Management includes packaging and shipping samples to analytical laboratories subcontracted to CASI and verifying/validating data received from subcontracted laboratories to provide continuous evaluation of laboratory performance. Environmental Information Management includes management, reporting, and archival of all data obtained by this program and other Bechtel Jacobs Company subcontractors, using three existing databases on an Oracle platform. Shelby Brewer, Commodore’s Chairman and CEO said: “We are pleased to support Bechtel Jacobs in its role as DOE’s environmental management contractor. We have a strong integrated team with SAIC and RCS. Transition from the incumbent contractor to the Commodore team will begin as quickly as possible.” Brewer continued: “Commodore Applied Technologies, Inc. has two business thrusts --- engineering services, and the applications of its patented technologies, such as Solvated Electron Technology - SET™. The engineering services part of our portfolio is managed by our subsidiary Commodore Advanced Sciences. This award from Bechtel Jacobs means a great deal to our company in that it will stabilize the engineering services part of our portfolio and provide a platform for growth.” Mack Jones, President of Commodore Advanced Sciences, noted that this contract will significantly increase the size of its Oak Ridge office, which was opened over twenty five years ago to support the U. S. Department of Energy’s (DOE) management of legacy waste issues related to the country’s national defense programs. “The Environmental Data Acquisitions and Management work scope is an example of many such issues that must be handled meticulously, producing high integrity data, safely and efficiently,” said Jones. “The CAST is the very best combined team of skilled and experienced professionals to perform this work scope,” he continued. Bechtel Jacobs Company has been the environmental management contractor for DOE’s Oak Ridge Operations since 1998, employing about 1,000 workers in Oak Ridge, TN, Paducah, KY, and Portsmouth OH. Bechtel Jacobs oversees a number of subcontractors who assist in performing the cleanup work at these locations. Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies and Commodore Advanced Sciences. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com. This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore’s ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K.
Commodore Applied Technologies,
Inc. NEW YORK, NY - August 16, 2004 - Commodore Applied Technologies, Inc. (OTCBB: CXII), today announced financial results for the three and six months ended June 30, 2004 (see table below). Commodore Applied Technologies, Inc. and
Subsidiaries
Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies and Commodore Advanced Sciences. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com. This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore’s ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K. ### Commodore Applied Technologies, Inc. · Reports First Quarter 2004 ResultsNEW YORK, NY - May 18, 2004 - Commodore Applied Technologies, Inc. (OTCBB: CXII), today announced financial results for the three-month period ended March 31, 2004 (see table below). Commodore Applied Technologies, Inc. and
Subsidiaries
Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies and Commodore Advanced Sciences. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com.This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore’s ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K. ### Commodore Applied Technologies, Inc. Reports:
NEW YORK, NY - April 15, 2004 - Commodore Applied Technologies, Inc. (OTCBB: CXII), today announced financial results for the fiscal year ended December 31, 2003 (see table below). Commodore Applied Technologies, Inc. and
Subsidiaries
*These amounts are only from continuing operations and do not reflect the revenues of Dispute Resolution Management, Inc. (DRM), which was disposed of effectivehave been adjusted as per the discontinued operations guidelines of FASB as required by the disposition of DRM on May 16, 2002.C hairman and CEO Shelby Brewer stated that the Company has entered into a “preferred subcontractor” relationship with FFTF Restoration, LLC (FRC), one of several bidders to the Department of Energy’s request for proposals to assist it in closing the Fast Flux Test Facility at the Hanford site. As one of the FRC subcontractors, Commodore is offering its SET process for sodium removal and conversion. The FRC bid has been submitted, oral presentations have been made, and the DOE is expected to award the contract in mid-summer 2004.Brewer continued “We have also bid as the small business partner with SAIC and others for a significant water and wild-life sampling and data management project in Oak Ridge TN. Our proposal, I believe, is superb in that it removes many of the data management and integration issues from the client (Bechtel Jacobs) minds.” Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies and Commodore Advanced Sciences. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com.This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore’s ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K. ### Commodore Applied Technologies, Inc. Reports:
NEW YORK, NY - December, 2003 - Commodore Applied Technologies, Inc. (OTCBB: CXII), today announced that Commodore Advanced Sciences, Inc., announced that it has signed an agreement with Envirocare of Utah, Inc. to treat certain mixed waste streams at the Envirocare facility in Clive, Utah. The work is expected to commence in January 2004. Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies and Commodore Advanced Sciences. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com. This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore’s ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K. ### Commodore Applied Technologies, Inc.
NEW YORK, NY - November 17, 2003 - Commodore Applied Technologies, Inc. (OTCBB: CXII), today announced financial results for the three and nine months ended September 30, 2003 (see table below). Commodore Applied Technologies, Inc. and
Subsidiaries
*These amounts are only from continuing operations and do not reflect the revenues of Dispute Resolution Management, Inc. (DRM), which was disposed of effective have been adjusted as per the discontinued operations guidelines of FASB as required by the disposition of DRM on May 16, 2002. **The Net Loss amounts from discontinued operations for the nine month periods ended September 30, 2002 include the loss from disposal of discontinued operations of DRM of $4,134,000. Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies and Commodore Advanced Sciences. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com. This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore’s ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K. ### Commodore Applied Technologies, Inc. Reports:
NEW YORK, NY - September 15, 2003 - Commodore Applied Technologies, Inc. (OTCBB: CXII), today announced that Commodore Advanced Sciences, Inc., was notified by its lead teaming partner ToxCo Metals (Oak Ridge, Tennessee) that the team's proposal to dispose surplus sodium for the Department of Energy's Oak Ridge National Laboratory has been accepted. Under the contract, approximately 110,000 pounds of sodium will be removed from various containers and repackaged at ToxCo's Oak Ridge facility for disposition elsewhere. Commodore anticipates approximately six hundred thousand dollars in revenues under the contract, and work is expected to begin with ToxCo's removal of the materials from the ORNL site this month. The Company also announced the results of its 2002 Annual meeting held on September 12, 2003 in New York, NY. The following seven proposals listed in the proxy materials distributed to all shareholders of record of July 31, 2003 were approved:
A copy of the proxy for the 2002 Annual Meeting of the Company and a summary of the voting results can be viewed on the Company's web page: www.commodore.com. Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies, Commodore Advanced Sciences and a joint venture, Nuvoset, LLC. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com. This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore's ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K. ### NEW YORK, NY - August 15, 2003 - Commodore Applied Technologies, Inc. (OTCBB: CXII), today announced financial results for the three and six months ended June 30, 2003 (see table below). Commodore Applied Technologies, Inc. and
Subsidiaries
*These amounts are only from continuing operations and do not
reflect the revenues of Dispute Resolution Management, Inc. (DRM), which was
disposed of effective May 16, 2002.
Additionally, Commodore Applied Technologies, Inc., today announced that it has scheduled its 2002 Annual Shareholders Meeting on September 12, 2003. The meeting will take place at the Fitzpatrick Hotel located at 687 Lexington Avenue, New York, NY. The meeting time is at 11:00 a.m. local time. The record date for determination of shareholders entitled to notice of meeting and to vote at the meeting was July 31, 2003. Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies and Commodore Advanced Sciences. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com.
This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore's ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K. ### Commodore Applied Technologies, Inc. NEW YORK, NY - May 19, 2003 - Commodore Applied Technologies, Inc. (OTCBB: CXII), today announced financial results for the three-month period ended March 31, 2003 (see table below). Commodore Applied Technologies, Inc. and
Subsidiaries
*These amounts are only from continuing operations and do not reflect the revenues of Dispute Resolution Management, Inc. (DRM), which was disposed of effective May 16, 2002. Additionally, Commodore Applied Technologies, Inc., today announced that it has initiated correspondence to its shareholders stating that the company will hold a shareholders meeting on July 09, 2003. The record date for determination of shareholders entitled to notice of meeting and to vote at the meeting is May 30, 2003. Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies, Commodore Advanced Sciences and a joint venture, Nuvoset, LLC. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com.
This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore's ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K. ###
Commodore
Applied Technologies, Inc.
NEW YORK, NY - March 4, 2003 - Commodore Applied Technologies, Inc. (AMEX: CXI), today announced that on February 26, 2003, it received notice from the Listing Qualifications Panel (the "Panel") of the American Stock Exchange, LLC ("AMEX") that the Panel has determined to delist Commodore's common stock from the AMEX effective with the close of business on March 6, 2003. In its notice to the Company, which was received after the close of business on February 26, 2003, the Panel noted that the Company's failure to meet certain continued listing standards: (i) the Company's losses from continuing operations over the five most recent fiscal years, (ii) the Company's failure to meet specified thresholds for stockholder's equity; and (iii) and the Company's failure to hold an annual meeting of stockholders, led to the Panel's decision to file the delisting application. Commodore previously announced on January 17, 2003, that on January 9, 2003, it received notice from the AMEX that they intended to file an application with the Securities and Exchange Commission to delist the Commodore's common stock because of the Commodore's failure to meet certain continued listing standards. The Company appealed this determination and was granted an Oral Hearing before the Panel on February 24, 2003. The Panel informed the Company that it may submit a written request, within 15 days from February 26, to the full Committee on Securities to review the decision rendered by the Panel. Commodore is currently evaluating its options in this regard. Additionally, The Panel informed the Company that its securities may immediately be eligible to trade on the OTC Bulletin Board, and the Company is taking all necessary and appropriate steps to qualify its common stock for quotation on the OTC Bulletin Board. Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies, Commodore Advanced Sciences and Commodore Government Technologies, Inc. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com. This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings. The factors that may cause Commodore's actual results to differ from its forward-looking statements: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore's ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K.
### Commodore
Applied Technologies, Inc. Reports
NEW YORK, NY - November 15, 2002 - Commodore Applied Technologies, Inc. (AMEX: CXI), today announced financial results for the three and nine months ended September 30, 2002 (see table below).
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