Isolyser Reports Successful Demonstration of The OREX Technology to the Nuclear Industry

Apr 05, 2001, 01:00 ET from Isolyser Company, Inc.

    NORCROSS, Ga., April 5 /PRNewswire/ --
 Isolyser Company, Inc. (Nasdaq:   OREX) reported today that the nuclear industry
 demonstrations conducted last week using the CERTIFIED SOLUBLE(TM) products in
 the MICROBasix(TM) processor were a success and that key people in the
 industry showed enthusiastic interest.
     On March 26 and 28, 2001, Isolyser demonstrated the full scale processing
 system to a number of nuclear industry professionals and decision makers at
 the Nevada Test Site.
     Don McLemore, Executive Vice President of Research Development and
 President of OREX Technologies (OTI), a division of Isolyser, stated, "These
 demonstrations represent the first step in our sales cycle for the market in
 the nuclear industry that should ultimately lead to orders for our product and
 service offerings that would bring us to a commercial success for the OREX
 technology.  Although it is hard to predict how quickly the market can be
 penetrated, we estimate its size with our current product line to be between
 $60 and $100 million in North America."
     Isolyser's MICROBasix(TM) processor reduces low level radioactive waste
 (LLRW) volume through a mechanical, chemical and biological approach in a
 system that processes Isolyser's CERTIFIED SOLUBLE(TM) products, which are a
 line of products based on Isolyser's OREX(TM) technology.  The MICROBasix(TM)
 process results in by-products that are fundamentally innocuous and consist
 primarily of water and carbon dioxide.  The achievable reduction in LLRW
 volume using this process is unprecedented in the nuclear industry with
 expected volume reduction ratios of 10,000 to 1 based on results achieved in
 laboratory tests.  This can represent a large cost savings for the nuclear
 industry where waste disposal costs are among the highest in the world.
     This press release contains forward-looking statements made pursuant to
 the safe harbor provisions of the Private Securities Litigation Reform Act of
 1995, including potential orders to purchase Isolyser products and services,
 commercial success for the OREX(TM) technology, the ability of Isolyser to
 penetrate the nuclear industry market, cost savings to the nuclear industry,
 and other statements about Isolyser's expectations or predictions. Such
 statements may be significantly affected by risks and uncertainties described
 in the Company's Annual Report on Form 10-K and elsewhere, including without
 limitation, the risks described in Risk Factors in the Company's Annual Report
 on Form 10-K for the year ended December 31, 2000 under the captions "-History
 of Net Losses"; "-Marketing Risks affecting OREX Products"; "-Manufacturing
 and Supply Risks"; "-Protection of Technologies"; "-Risks of Technological
 Obsolescence"; "-Regulatory Risks"; and "-Environmental Matters".  The
 Company's actual results could differ materially from such forward-looking
 statements.
     Isolyser has developed and manufactures OREX(R) Degradables, a series of
 ecologically safe products made from a thermoplastic, hot water soluble
 polymer that can be configured into an array of products such as woven and
 nonwoven fabrics, film, and thermoformed and extruded items.  These products
 can be dissolved after use, in hot water in a specially designed OREX(R)
 processor similar to a commercial washing machine, for safe disposal through
 municipal sewer systems.  The Company believes that its products provide
 protection to people and the environment while providing cost-effective
 solutions to the problems associated with waste reduction and disposal.  The
 Company also manufactures infection control products.
     For More Information, Please Call (800) 476-5973.
 
 

SOURCE Isolyser Company, Inc.
    NORCROSS, Ga., April 5 /PRNewswire/ --
 Isolyser Company, Inc. (Nasdaq:   OREX) reported today that the nuclear industry
 demonstrations conducted last week using the CERTIFIED SOLUBLE(TM) products in
 the MICROBasix(TM) processor were a success and that key people in the
 industry showed enthusiastic interest.
     On March 26 and 28, 2001, Isolyser demonstrated the full scale processing
 system to a number of nuclear industry professionals and decision makers at
 the Nevada Test Site.
     Don McLemore, Executive Vice President of Research Development and
 President of OREX Technologies (OTI), a division of Isolyser, stated, "These
 demonstrations represent the first step in our sales cycle for the market in
 the nuclear industry that should ultimately lead to orders for our product and
 service offerings that would bring us to a commercial success for the OREX
 technology.  Although it is hard to predict how quickly the market can be
 penetrated, we estimate its size with our current product line to be between
 $60 and $100 million in North America."
     Isolyser's MICROBasix(TM) processor reduces low level radioactive waste
 (LLRW) volume through a mechanical, chemical and biological approach in a
 system that processes Isolyser's CERTIFIED SOLUBLE(TM) products, which are a
 line of products based on Isolyser's OREX(TM) technology.  The MICROBasix(TM)
 process results in by-products that are fundamentally innocuous and consist
 primarily of water and carbon dioxide.  The achievable reduction in LLRW
 volume using this process is unprecedented in the nuclear industry with
 expected volume reduction ratios of 10,000 to 1 based on results achieved in
 laboratory tests.  This can represent a large cost savings for the nuclear
 industry where waste disposal costs are among the highest in the world.
     This press release contains forward-looking statements made pursuant to
 the safe harbor provisions of the Private Securities Litigation Reform Act of
 1995, including potential orders to purchase Isolyser products and services,
 commercial success for the OREX(TM) technology, the ability of Isolyser to
 penetrate the nuclear industry market, cost savings to the nuclear industry,
 and other statements about Isolyser's expectations or predictions. Such
 statements may be significantly affected by risks and uncertainties described
 in the Company's Annual Report on Form 10-K and elsewhere, including without
 limitation, the risks described in Risk Factors in the Company's Annual Report
 on Form 10-K for the year ended December 31, 2000 under the captions "-History
 of Net Losses"; "-Marketing Risks affecting OREX Products"; "-Manufacturing
 and Supply Risks"; "-Protection of Technologies"; "-Risks of Technological
 Obsolescence"; "-Regulatory Risks"; and "-Environmental Matters".  The
 Company's actual results could differ materially from such forward-looking
 statements.
     Isolyser has developed and manufactures OREX(R) Degradables, a series of
 ecologically safe products made from a thermoplastic, hot water soluble
 polymer that can be configured into an array of products such as woven and
 nonwoven fabrics, film, and thermoformed and extruded items.  These products
 can be dissolved after use, in hot water in a specially designed OREX(R)
 processor similar to a commercial washing machine, for safe disposal through
 municipal sewer systems.  The Company believes that its products provide
 protection to people and the environment while providing cost-effective
 solutions to the problems associated with waste reduction and disposal.  The
 Company also manufactures infection control products.
     For More Information, Please Call (800) 476-5973.
 
 SOURCE  Isolyser Company, Inc.