Kurion Opens Tokyo Office to Support Expanded Role in Cleanup of Fukushima Daiichi Nuclear Power Plant

  Kurion Opens Tokyo Office to Support Expanded Role in Cleanup of Fukushima
  Daiichi Nuclear Power Plant

New Local Presence Demonstrates Company’s Commitment to Cleanup

Business Wire

IRVINE, Calif. -- March 17, 2014

Kurion, Inc., an innovator in nuclear and hazardous waste management,
announced it opened an office in Tokyo to facilitate the company’s growing
role in the cleanup at the Fukushima Daiichi Nuclear Power Plant. After the
office opening, company executives attended an event hosted by U.S. Trade and
Japanese External Trade Organization (JETRO) to facilitate U.S.-Japan
cooperation for cleanup of the plant and surrounding area.

“Following the third anniversary of the earthquake and tsunami that devastated
Japan and damaged the Fukushima Daiichi Nuclear Power Plant, Kurion’s new
Tokyo office is a symbol of our commitment to the Japanese to help minimize
and stabilize nuclear waste at the site,” said Bill Gallo, Kurion CEO.

The new office will be located in the Shimbashi district of Tokyo, within easy
walking distance of the respective headquarters of the Tokyo Electric Power
Company (TEPCO), the Ministry of Economy Trade and Industry (METI) and the
International Research Institute for Nuclear Decommissioning (IRID). Kurion
anticipates initiating the hiring of administrative and engineering staff
shortly.

Kurion has played an active role in the cleanup of the Fukushima site since
2011 when it was part of an international team of leading nuclear waste
management companies to quickly deliver the first-ever external reactor
cooling system. This system remains in operation today, and Kurion is the sole
U.S. firm with a direct contractual relationship with TEPCO.

In February 2014 Kurion acquired Vista Engineering Technologies, which is
developing two Remote Manipulators for the respective inspection and repair of
leaks within the Primary Containment Vessel (PCV) of reactor 2 at the
Fukushima plant through a contract with Japanese industry leader IHI
Corporation. The inspection manipulator will be delivered to the site in May
2014, and the repair manipulator is in the design stages. Kurion has also
presented a variety of technologies to address other challenges at the site.

Fukushima Recovery Forum Demonstrates America’s Commitment to Japan

After opening its Tokyo office, Kurion executives attended the February 18 and
19 Fukushima Recovery Forum that commenced with a speech by U.S. Ambassador
Caroline Kennedy. The objective of the forum was to facilitate U.S.-Japan
cooperation to share experiences, expertise, and lessons learned in
remediation and decommissioning for application at the damaged plant and
surrounding areas.

“Kurion was privileged to be in a position where we could support the Japanese
in the aftermath of the tsunami and earthquake,” said John Raymont, Kurion
founder and president of international operations. “Since then we have
continued to develop and implement our own technologies and work closely with
the Japanese to help identify solutions to the many challenges at the site. We
are pleased to see the ongoing support of Ambassador Kennedy and other U.S.
government experts to lend American support to a truly international cleanup
effort.”

ABOUT KURION

Kurion provides innovative, easily deployable technologies to accelerate
project performance and compliance and substantially reduce customer
radioactive waste management life-cycle costs. Founded in 2008, Kurion is
backed by leading energy investors Lux Capital, Firelake Capital Management
and Acadia Woods Partners. Headquartered in Irvine, Calif., Kurion operates a
technology development center at its radioactive materials licensed facility
in Oak Ridge, Tenn.; a detritiation testing facility in Houston, Texas; three
facilities in Richland, Wash., for non-radioactive demonstration testing,
engineering and storage of mobile systems; an office in Loveland, Colo. for
engineering design and development; and an office in Tokyo, Japan. For more
information, please visit www.kurion.com.

Contact:

For Kurion, Inc.
Katie Wood Znameroski
Phone: +1-650-801-7952
Fax: +1-650-508-8336
Katie.Wood@Zenogroup.com
www.kurion.com
 
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