Forward Event Stocks

[EdF]

CXII .012/.013 January 2005
Note below:

Commodore Applied Technologies, Inc. Revises Meeting Date for Annual Meeting and Starts EDAM Contract
NEW YORK, NY -- (MARKET WIRE) -- 12/17/2004 --


-- Revises Record Date and Meeting Date for 2003 Annual Shareholders
Meeting
-- Water Sampling Contract in Oak Ridge, TN
-- Commodore finishes Mobilization to Starts Operating EDAM Contract
-- Duratek Adds Contract Scope to Water Sampling Efforts
-- FFTF Award has Been Protested

Commodore Applied Technologies, Inc. (OTC BB: CXII) today announced that it has initiated correspondence to its shareholders stating that the Company will hold its 2003 Annual Meeting of shareholders on February 8, 2005. The record date for determination of shareholders entitled to notice of meeting and to vote at the meeting is December 14, 2004. Commodore Chairman and CEO Shelby Brewer stated: "We welcome the shareholders to attend the 2003 Annual Meeting in person to meet management and discuss the future of the Company."
Mr. Brewer further stated: "The Company has completed the pre-mobilization and mobilization phases of its environmental data acquisition and management contract (EDAM) in the Oak Ridge, TN area. We have opened a satellite office at the K-25 site, and have so far hired over a dozen new employees to staff it. We plan to hire several more in the next four weeks. We will be operating at near full capacity by January of 2005, and expect our readiness to serve will attract more DOE client groups than are contemplated in the base scope of the contract. It has been my experience that an award of a contract in an area can lead to related work, provided customer satisfaction and confidence are maintained. We are seeking to extend our environmental monitoring service capabilities to other DOE sites, such as Portsmouth, OH and Paducah, KY."

Additionally, the Company announced today that it was recently awarded a one-year contract from Duratek Federal Services, Inc. beginning in January 2005, to perform environmental monitoring services at two engineered landfills on the Oak Ridge Reservation. Environmental monitoring services will include sample collection, packaging and shipping to offsite analytical laboratories. Samples will be collected from surface water, groundwater, and landfill leachate collection locations on storm event, weekly, monthly, and quarterly bases. Mr. Brewer said: "The Duratek work is a welcome addition to the contract awarded to us earlier this year by Bechtel Jacobs. These operations position us well in Oak Ridge, TN."

Additionally, Commodore Applied Technologies, Inc. announced today that the protest to the GAO by both losing teams in the final bidding process for the Fast Flux Test Reactor (FFTF) decommissioning contract is ongoing. The contract has been conditionally awarded to a team led by SEC and Framatome. There is no determination of the date the GAO will render its decision on the protest of the FFTF contract award. Mr. Brewer stated: "We hope to participate in the Sodium disposition portion of the FFTF deactivation project."

Commodore Applied Technologies, Inc. is a diverse technical solutions company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Solution Technologies and Commodore Advanced Sciences. The Commodore companies provide technical engineering services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. More information is available on the Commodore web site at www.commodore.com.

This Press Release contains forward-looking statements that are based on our current expectations, beliefs and assumptions about the industry and markets in which Commodore Applied Technologies, Inc. and its subsidiaries operate. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Commodore's actual results to be materially different from any future results expressed or implied by these statements. Actual results may differ materially from what is expressed in these statements, and no assurance can be given that Commodore can successfully implement its core business strategy and improve future earnings.

The factors that may cause Commodore's actual results to differ from its forward-looking statements include: Commodore's current critical need for additional cash to sustain existing operations and meet ongoing existing obligations and capital requirements; Commodore's ability to implement its commercial waste processing operations, including obtaining commercial waste processing contracts and processing waste under such contracts in a timely and cost-effective manner; the timing and award of contracts by the U.S. Department of Energy for the clean-up of waste sites administered by it; the acceptance and implementation of Commodore's waste treatment technologies in the government and commercial sectors; and other large technical support services projects. All forward-looking statements are also expressly qualified in their entirety by the cautionary statements included in Commodore's SEC filings, including its quarterly reports on Form 10-Q and its annual report on Form 10-K.







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Contact:
James M. DeAngelis
[phone]


SOURCE: Commodore Applied Technologies, Inc.
Per a PRE14A--
" To authorize our Board of Directors in its discretion, to amend our Certificate of Incorporation to effect a reverse stock split in a ratio of between 1-for-10 and 1-for-20, without further approval of our stockholders."