- MERIDIAN, Idaho--(BUSINESS
WIRE)--April 8, 2002--Nuclear Solutions, Inc. (OTCBB:NSOL - news) regretfully
announces the death of Dr. Paul M. Brown.
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- Dr. Brown was killed on April 7, 2002 in an automobile
accident in Boise, Idaho. He developed the idea for the Company's patented
photoremediation technology for the remediation of nuclear waste that will
now be his legacy. He is survived by his wife and two children.
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- ``Our team is saddened by this tragic loss, however,
we remain fully committed to realizing the vision that Dr. Brown inspired
us with. His vision holds the promise of safe and economical treatment
of nuclear waste and the potential for a new generation of power reactors,''
said John Dempsey, Executive Vice President and Chief Operating Officer.
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- ``We have assembled a management and scientific team
that is competent and fully capable of implementing the technology that
Dr. Brown invented as well as our newer acquisitions such as our GHR tritium
removal technology,'' he concluded.
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- John Dempsey and Patrick Herda, co-founder and Vice President
of Business Development will direct the company's activities until a new
CEO is appointed by the company's board of directors. Their efforts will
be supported by Dr. Qi Ao, Vice President of Research and Development and
Adrian Joseph, PhD., Vice President of Special Projects.
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-
- 1. The application of photonuclear physics to nuclear
waste is called Photodeactivation. Photodeactivation involves the irradiation
of specific radioactive isotopes to force the emission of a neutron, thereby
producing an isotope of reduced atomic mass. These resultant isotopes can
be characteristically either not radioactive or radioactive with a short
half-life.
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- The fundamental mechanism works on the laboratory scale,
and preliminary research suggests that this technology will also work on
the industrial scale. NSOL is taking the steps necessary for commercialization
of the technology. As for most of the advanced nuclear technologies developed
today, computer simulation is one of the most important and necessary steps.
NSOL will use and improve a series of nuclear simulation codes
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- *(MCNP). The new set of simulation codes will allow the
NSOL research and development team to design, test, improve, and develop
experiments and commercial facilities through computer modeling.
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- NSOL plans to capitalize on its patent and patent-pending
technology by forming strategic alliances and joint ventures with well-established
leaders in the nuclear industry. Continued revenue streams are expected
through licensing of the technology with both upfront fees and ongoing
royalties.
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- 2. NSOL's technology, the HYPERCON(TM) ADS process, is
an X-ray based photodisintegration process. The technology could be developed
into new applications for remediation of nuclear waste. The proposed process
would operate at a sub-critical level, and be inherently safe. Any excess
heat produced by the process could also be recovered to generate electricity.
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- 3. NSOL holds a licencefor theexclusive worldwide rights
to a proprietary technology for the removal of radioactive isotopes from
contaminated wastewater called GHR. Water containing ritium and deuterium
is currently stored in several locations worldwide due to the expense of
available methods of treatment. Severe health problems for humans and animals
are linked to these contaminants and pose a worldwide environmental threat.
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- Several methods for the extraction of tritium from water
are currently available. However these methods such as chemical, electrolytic,
ion exchange, or distillation systems have high costs associated with their
operation. As a result significant quantities of tritium-contaminated water
are being stored rather than treated due to cost concerns. The storage
of tritium-contaminated water poses a risk to the environment due to the
high mobility of water after a containment failure.
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