ATLANTA, Aug. 10, 2010 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (Nasdaq:PESI) announced that Dr. Louis F. Centofanti, Perma-Fix's CEO, ranked 2nd among the Atlanta Business Chronicle's list of Georgia's public company "CEOs of the Year" published in a special section of the July 30th issue. Companies were selected based on three criteria that were given equal weighting: increase in revenue, increase in profits and shareholder return.
According to the Atlanta Business Chronicle, Perma-Fix's shareholder return from January 2, 2009 through June 30, 2010 was $126.77 and was calculated assuming a $100 investment in the company's stock at the beginning of the period. For the period 2008 – 2009, the percentage change in revenue was an increase of 33.3% and the percentage change in net income was an increase of 403.5%. There were 126 companies on the list.
Dr. Louis F. Centofanti, Chairman and Chief Executive Officer, stated, "It is a great honor to be recognized as one of Georgia's top CEOs and to achieve the number two ranking among this prestigious group. We have worked hard to effectively address the environmental threats posed by harmful pollutants such as nuclear and radioactive waste across America. Since our founding in 1991, both commercial and government entities have entrusted their environmental mandates to us and we look forward to providing existing and future customers with a broadening array of unique treatment options that meet their needs and exceed their expectations."About Perma-Fix Environmental Services Perma-Fix Environmental Services, Inc., a national environmental services company, provides unique mixed waste and industrial waste management services. The Company's increased focus on nuclear services includes radioactive and mixed waste treatment services for hospitals, research labs and institutions, federal agencies, including DOE, DOD, and nuclear utilities. The Company's industrial services treat hazardous and non-hazardous waste for a variety of customers including Fortune 500 companies, federal, state and local agencies and thousands of other clients. Nationwide, the Company operates seven major waste treatment facilities.