COMMODORE APPLIED TECHNOLOGIES INC
8-K, EX-99.2, 2000-09-12
HAZARDOUS WASTE MANAGEMENT
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For release: Immediate
Contact: James M. DeAngelis
         Melissa C. Berkowitz
         (212) 308-5800

                 Commodore Applied Technologies, Inc. Announces
                      Chemical Weapons Contract in Japan,
                     Army Testing Cutback and Dunnage Tests

NEW YORK - August 30, 2000 - Commodore Applied Technologies,  Inc. ("Commodore")
(AMEX:  CXI,  CXI.WS)  announced  today  that its joint  venture  with  Teledyne
Technologies,  Inc.  (NYSE:  TDY),  Teledyne-Commodore,  LLC has entered into an
agreement  with  Kobe  Steel  Ltd.  to use its  proprietary  technology  for the
neutralization  and  destruction  of  recovered  chemical  weapons  found in the
vicinity of Lake Kussharo,  Japan. The  neutralization  and destruction of these
50kg bombs is a project under the direction of the Government of Japan.

The  agreement  allows  Kobe  Steel  Ltd.  to  use  a  Teledyne-Commodore,   LLC
neutralization  process  combined  with  a  persulfate  oxidation  system  which
constituted a part of  Teledyne-Commodore,  LLC's  demonstration  as part of the
U.S.  Army's ACWA II program at Dugway  Proving  Grounds,  Utah. The use of this
system represents its first commercial  application for the  neutralization  and
destruction of chemical weapons.

According to Teledyne-Commodore, LLC President, Peter McGrath, "The selection of
Teledyne-Commodore's  technologies establishes  Teledyne-Commodore as being able
to  provide  preferred  solutions  for the  neutralization  and  destruction  of
chemical weapons."

In a further  statement,  Commodore  announced  that the Army  (ACWA II  Program
manager) has issued a letter calling for Teledyne-Commodore,  LLC to discontinue
work under its  contract  with ACWA.  The primary  reason for this  decision was
schedule  related.  The  schedule  conflict  represents  approximately  a 30-day
overrun for the SET(TM) agent system at CAMDS, Utah, which would have tested VX.
ACWA has stated its intention to negotiate the  continuation  of that portion of
SET(TM) system demonstration at Dugway,  Providing Grounds,  Utah. This includes
energetics, ammonia jet cutting and washout system.

Teledyne-Commodore,  LLC has  already  completed  its tests at Dugway  using the
Commodore's  proprietary  SET(TM)  process to  destroy  the  residual  traces of
chemical agent and explosives that might be found in dunnage.

Dunnage is the waste  material left after chemical  weapons are  destroyed.  The
dunnage  includes the metal parts of chemical  munitions  and rockets  remaining
after demilitarization  operations,  carbon filters used to trap air pollutants,
plant workers  protective  clothing,  fiberglass  from rocket shipping tubes and
even the wood from the  pallets  that are used to ship the  chemical  munitions.
After the chemical  munitions  demilitarization  operations are  completed,  all
material  that may have come into  contact  or may have been  contaminated  with
chemical  agents or explosives must be treated to the same  destruction  removal
efficiency  standards  required of the chemical agent and explosives in the main
weapons demilitarization process.


<PAGE>

The SET(TM) process was  demonstrated on five separate common dunnage  materials
contaminated  with nerve  agent  simulant;  wood,  fiberglass,  metal parts from
munitions shells,  carbon from air filters, and protective suits used to protect
worker involved in chemical agent destruction operations.  Teledyne-Commodore is
awaiting the laboratory results of these tests from the Army. Teledyne-Commodore
built a special  SET(TM)  dunnage  reactor  system  especially  for  these  five
demonstration tests.

According to Paul Hannesson, President of Commodore Applied Technologies, "These
tests are designed to demonstrate the capability of the SET(TM) process to treat
dunnage.  Commodore has been  operating a full scale SET(TM) plant that has been
effectively removing and destroying harmful chemical  contaminates from soil and
similar  material for several  years.  The data gained from these tests combined
with our  experience  in operation  full-scale  plants will provide a very sound
basis for the transition to a full-scale operation."

Teledyne  Commodore,  LLC  (www.teledyne-commodore.com)  is a joint  venture  of
Teledyne Brown Engineering,  Inc. (www.tbe.com),  a technology solutions company
headquartered  in Huntsville,  Ala., and Commodore  Applied  Technologies,  Inc.
(AMEX: CXI, CXI.WS).

Teledyne   Brown   Engineering   is  a  wholly  owned   subsidiary  of  Teledyne
Technologies,  Incorporated  (NYSE: TDY),  headquartered in Los Angeles,  Calif.
Teledyne Technologies is a leading provider of sophisticated  communications and
electronics products,  systems engineering solutions, and aerospace products and
components. Teledyne Technologies has operations in the U.S., the United Kingdom
and Mexico.  More  information  about Teledyne  Technologies may be found on the
company's Web site at www.teledyne.com.

Commodore Applied Technologies,  Inc. - headquartered in New York, NY and traded
publicly on the American Stock Exchange - is a technical and financial solutions
company currently focused on the high-end  environmental  markets.  Commodore is
focused on the treatment and management of high-end hazardous waste from nuclear
and chemical sources. Additionally,  Commodore will provide negotiated financial
solutions  for complex,  long-tail  liabilities  in the  environmental,  product
liability, and business interruption markets. Through various subsidiaries,  the
company  provides  technical  engineering  services,   proprietary   remediation
technologies,  and negotiated  financial solutions to the government and private
sectors. For more information please visit our web site at www.commodore.com.

These  materials  contain  forward-looking  statements  based  on  a  series  of
projections and estimates regarding economics within the company's markets,  the
industries  in which the  company  operates,  the  effects  of  legislation  and
regulations, as well as business and competitive outlook.

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