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International Isotopes obtains additional radiological field service contracts

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The contracts are both with the US Department of Energy and the International Atomic Energy Agency for work within the US and in South America

International Isotopes has obtained several significant contracts for radiological field services that are to be completed during the remainder of 2017. The company reports these contracts are both with the US Department of Energy (DOE) and the International Atomic Energy Agency (IAEA) for work within the US and in South America. All contract work will involve performing source removals from inactive radiation therapy devices and shipping these devices to secure locations for storage and disposal.

Steve T Laflin, President and CEO, International Isotopes, said, “The company has been continuing to build upon our radiological field service experience and equipment capability for performing these types of activities for several years. The company has continued to build a reputation for safe, cost-effective, on-time completion of these services, and these recent contract awards are a further recognition of that capability. We have an outstanding group of technicians and engineers that have a real talent for performing these types of activities and the company’s development of a mobile hot cell offers us a real competitive advantage. We anticipate the new contract work is likely to be completed in 2017, which should result in approximately a 120 per cent increase in the radiological services segment revenue for the year end 2017 compared to the same period in 2016.”

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