SOURCE: US Nuclear Corp

US Nuclear Corp

March 23, 2015 12:30 ET

US Nuclear Corp (OTCBB: UCLE) Receives New Order for Radiation Monitors From Nucleoelectrica Argentina S.A. Nuclear Power Company; DTC Eligibility Has Been Approved by DTCC

Company Announces New Order From Nucleoelectrica Argentina S.A. and DTC Eligibility Approval From Depository Trust and Clearing Corporation

LOS ANGELES, CA--(Marketwired - Mar 23, 2015) - US Nuclear Corp. (OTCBB: UCLE) announced today that the company has received a new order for Portal/Personnel Monitors from Nucleoelectrica Argentina S.A., the state-run nuclear power company. "Nucleoelectrica Argentina is one of our valued partners in nuclear energy in South America," said Robert I. Goldstein, President, CEO and Chairman of US Nuclear Corp. He added, "Energy demands in South America, particularly in Argentina continue to expand and we recognize them as drivers of growth and opportunity for us to provide premium, high quality, reliable tritium equipment, monitors and radiation detection devices. We believe Argentina will continue to be a key growth market for our products as they build out new and advanced nuclear power plants."

The company has also announced that its application for DTC eligibility has been approved by DTCC (Depository Trust and Clearing Corporation) effective as of March 20, 2015. Robert I. Goldstein, President, CEO and Chairman of US Nuclear Corp., commented, "We are pleased to be approved by DTCC for eligibility, allowing us to be traded, serviced and deposited through DTC's electronic book entry system. Meeting this standard was an important development for us to become a fully trading, public company and we thank the efforts of our sponsors."

About US Nuclear Corp.
US Nuclear Corp is a fully-reporting, publicly traded company on the Over-the-Counter Bulletin Board, traded under the symbol UCLE. The Company is principally engaged through its subsidiaries, operating two leading nuclear radiation detection companies, Overhoff Technology Corp. and Optron Scientific Company Inc. The Company designs, manufactures and markets full line radiation detection and specialized tritium technology for the nuclear energy industry and for emerging technologies such as Thorium/Molten Salt (MSR) reactor technologies both domestically and internationally, to customers such as U.S. Government Agencies, the U.S. Military, Homeland Security, Scientific Laboratories, Universities, Hospitals, and nuclear reactor facilities in the United States, China, Canada, South Korea, Argentina and others.

Safe Harbor Act
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

Investors may find additional information regarding US Nuclear Corp. at the SEC website at http://www.sec.gov, or the company's website at www.usnuclearcorp.com

Contact Information

  • CONTACT:
    US Nuclear Corp. (OTCBB: UCLE)

    Robert I. Goldstein
    President, CEO

    Rachel Boulds
    Chief Financial Officer

    (818) 883 7043