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French Scientists Reinforce NSOL's Photo-nuclear Technology

French Scientists Reinforce NSOL's Photo-nuclear Technology

Published 11-20-01

Submitted by Nuclear Solutions, Inc.

Nuclear Solutions, Inc. (OTCBB:NSOL) said today that three French experts have reinforced the scientific validity of the company's electron accelerator-based photodisintegration process for remediation of nuclear waste and the safe generation of electricity called HYPERCON(TM) ADS.

The three researchers from France's atomic energy agency (CEA), Bruno Bernardin, Danas Ridikas, and Henri Safa, presented a technical paper, entitled "A Prototype Sub-Critical Reactor Driven by Electron Accelerator," at the Nov. 11-15 meeting of the American Nuclear Society 2001 Winter Meeting, "Nuclear Research and Development" conference. The research indicated that the capital costs involved to build such a system would be significantly less than the proton-based systems currently used worldwide.

Nuclear Solutions President and CEO Dr. Paul Brown said he is "delighted to see a prestigious international research organization of CEA's caliber independently substantiating the feasibility, practicality and economics of NSOL's HYPERCON(TM) ADS technology. Now that the Japanese have verified that the process works for the treatment of nuclear waste and the French have verified that the process is practical for producing power, we as a company are ready to move from the R&D stage into marketing."

The French scientists consider an electron driven photo-nuclear system such as the HYPERCON(TM) ADS "an unusual system...eliminating most of the problems encountered in conventional Accelerator-Driven Systems (ADS)."

Moreover, the CEA researchers have been using the MCNP (Monte Carlo N-Particle) computer code that NSOL has been expanding to model its technology. This code has been used by international researchers to model other nuclear applications, but not photo-nuclear ones. "The same MCNP code enhanced with photo-nuclear capability has been used to model neutron production with electrons," the French wrote.

Nuclear Solutions Vice President for Research and Development Dr. Qi Ao, himself an expert in MCNP code modeling, emphasized that NSOL is also refining the code to enhance its photo-nuclear capabilities and would welcome the opportunity to work with CEA in that area.

This press release may be deemed to contain forward-looking statement that could affect the financial condition and results of operations of the company and its subsidiaries. Further information on potential factors that could affect financial conditions, results of operations, and expansion projects of the company are included in filings with the U.S. Securities and Exchange Commission.

NOTES TO EDITORS:

1. Nuclear Solutions, Inc. (NSOL) is pioneering the application of photonuclear physics for the treatment of nuclear waste and the safe, efficient generation of electricity. Development of this patented and patent-pending technology could result in the elimination of nuclear waste and a new generation of nuclear reactors that are able to burn their own waste.

The application of photonuclear physics to nuclear waste is called Photodeactivation (a term coined by the inventor, Dr. Paul M. Brown). 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 are characteristically either not radioactive or radioactive with a short half-life.

NSOL's technology works on the laboratory scale, and preliminary computer simulations suggest 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. 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.

NSOL plans to capitalize on its patent and patent-pending technology by forming strategy 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.

2. NSOL's technology, the HYPERCON (TM) ADS process, is an electron accelerator-based photodisintegration process, incorporating the most recent advances in the photo-nuclear industry.

3. The technology could be developed into new applications for remediation of nuclear waste. Industrially, it would operate at a sub-critical level, so the heat produced by the process could also be used to generate electricity in a safe and environmentally benign manner.

Nuclear Solutions, Inc.

Nuclear Solutions, Inc.

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