SOURCE: Perma-Fix Environmental Services, Inc.

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February 22, 2013 10:41 ET

Perma-Fix Awarded Technical Services Contract for West Valley Demonstration Project Support Services

ATLANTA, GA--(Marketwire - February 22, 2013) -  Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) today announced that it has been awarded a task order by the U.S. Department of Energy (DOE) for technical services at the West Valley Demonstration Project, West Valley, New York. The task order has a three-year performance period with a $1.3 million value.

The task order will be issued from the Indefinite Delivery/Indefinite Quantity (ID/IQ) master contract, firm-fixed-price and time and materials. Under the task order, Perma-Fix will perform technical services for the data management system that will be used to support decommissioning activities at the West Valley Demonstration Project.

Dr. Louis F. Centofanti, Chairman and CEO, commented, "We are pleased to be selected for this important project in support of the DOE's mission to complete the safe cleanup of the environmental legacy brought about from five decades of nuclear weapons development and government-sponsored nuclear energy research."

About Perma-Fix Environmental Services

Perma-Fix Environmental Services, Inc. is a nuclear services company and leading provider of nuclear waste management services. The Company's nuclear waste services include management and treatment of radioactive and mixed waste for hospitals, research labs and institutions, federal agencies, including the Department of Energy ("DOE"), the Department of Defense ("DoD"), and the commercial nuclear industry. The Company's nuclear services group provides project management, waste management, environmental restoration, decontamination and decommissioning, new build construction, and radiological protection, safety and industrial hygiene capability to our clients. The Company operates four nuclear waste treatment facilities and provides nuclear services at DOE, DoD, and commercial facilities, nationwide.

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