LOS ANGELES, CA — (Marketwired) — 09/11/15 — US Nuclear Corp. (OTCBB: UCLE) announced that it has received $118,000 in the first phase of purchase orders to build radiation in-water monitoring equipment for a South Korean environmental protection agency and research institute. “Detecting radiation in-water, real-time and continuously, is one of our specialties. This is a very exciting opportunity for us to build one of our unique systems aimed to protect the environment and population against potential radiation exposure,” commented Robert I. Goldstein, President, CEO and Chairman.
It is well known in the industry that detecting radiation in-water in a flow-through, continuous system is a formidable and sophisticated task; there are only a few companies worldwide engaged in such production due to the complexity involved. US Nuclear Corp. specializes in this technology by offering the only commercial real-time alpha, beta (including C-14 and tritium), and gamma in-water monitors in the world. Furthermore, this equipment produces no waste stream and requires no reagents to operate.
Water quality in terms of radioactivity is most often determined passively, by taking discreet samples that are then sent to a lab for analysis. However, this method can be time-consuming, inefficient, and most importantly, it does not provide a real-time indication. Mr. Goldstein further stated, ” If an accidental spill/leak, or deliberate dumping (by terrorist act or illegal disposal) of highly concentrated radioactive material were to enter the water source, it may not be known for days, weeks, or even months later, when the sample is finally analyzed. US Nuclear Corp. realized the problem and danger associated with this and developed an automated radiation in-water monitor, designed to detect at or below DHS (Department of Homeland Security) and EPA-PAG (Environmental Protection Agency) level guidelines for drinking water quality, providing real-time data and alerts to the population.”
This order represents only the first phase of development, and additional detection sub-assemblies to be ordered and added to the system in the near future.
About US Nuclear Corp.
US Nuclear Corp. is a fully reporting, publicly traded company on the Over-the-Counter Bulletin Board, traded under the ticker symbol UCLE. The Company–s operations are principally engaged through its subsidiaries, operating two leading nuclear radiation detection companies, Overhoff Technology Corp. and Optron Scientific Company Inc. The Company designs, manufactures and markets branded, full line radiation detection and specialized advanced tritium technology for the nuclear energy industry and for emerging technological processes such as Thorium and Molten Salt (MSR) reactor technologies both domestically and internationally, to customers such as United States Government Agencies, the U.S. Military, Homeland Security, scientific laboratories, universities, hospitals, nuclear reactor facilities in the United States, China, Canada, South Korea, Argentina, Russia and others.
Information Regarding Forward-Looking Statements
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of US Nuclear Corp. and its directors or its officers with respect to, among other things: (i) expected income; (ii) earnings per share; (iii) revenues; (iv) margins; (v) financing plans; (vi) trends affecting its financial condition or results of operations; (vii) growth strategy and operating strategy. The words “may,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “target” “estimate,” “can,” and “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond US Nuclear Corp–s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and the other factors that are described in “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2014. These or other uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements. More information about the potential factors that could affect the business and financial results is and will be included in US Nuclear Corp–s filings with the Securities and Exchange Commission.
Safe Harbor Act
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.
Investors may find additional information regarding US Nuclear Corp. at the SEC website at , or the company–s website at .
US Nuclear Corp.
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Robert I. Goldstein
President, CEO, and Chairman
Rachel Boulds
Chief Financial Officer
(818) 883 7043
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