ATI Receives Request From Commission for Nuclear and Radiation Protection of the Russian...

Business Editors

BERLIN--(BUSINESS WIRE)--June 11, 2001

Advanced Technology Industries Inc. (OTCBB:AVDI)("ATI") has received a request from the Federal Assembly -- Parliament of the Russian Federation, State Duma, Consultation Council of Experts on Problems of National

Nurescell is a shielding material for use in radiation protection applications in the medical and nuclear industries. It can be used in the transportation and storage of spent nuclear fuel and other radioactive wastes. The material is licensed by ATI for use in the European Union and Russian Federation.

The applications requested by the Commission for Nuclear and Radiation Protection include the storage of spent fuel rods of electric and research reactors, production of containers for transportation purposes and for the protection of leaks in the first reactor circuit.

In addition, applications for the production of elastic materials for the production of protective suits to be used in both the medical and nuclear industries are also contemplated.

ATI has been jointly developing and testing various applications of Nurescell and other proprietary nuclear waste remediation technologies with agencies of the German and Russian government since the fall of 2000. ATI believes some of such applications will be completed and appropriate for commercial usage in 2001.

ATI is currently active in continued research and development on new technologies to be used in the shielding, storage, encapsulation, transportation and storage of radioactive materials and wastes. ATI is also currently active in licensing and marketing strategies for other proprietary nuclear waste remediation technologies.

ATI's research and development includes efforts conducted by the participation of ATI in the International Laboratory for Nuclear Waste Management.

The laboratory operates in conjunction with Forschungszentrum Juelich Institute fuer Sicherheitsforschung and Reaktortechnik, a research lab of the Federal Republic of Germany, and the Institute of Physics and Engineering of Krasnoyarsk State University.

The laboratory also utilizes the efforts of former nuclear weapons scientists and engineers from the Mining and Chemical Combinate of the "closed city" of Zhelesnogorsk, formerly known as Krasnoyarsk 26. Zhelesnogorsk is one of the largest existing repositories for liquid and solid nuclear waste in the world.

Advanced Technology Industries is a technology holding company that transforms cold war ideologies into marketplace technologies by amassing, enhancing and marketing intellectual capital from the former "closed cities" of the Russian Federation from incubation to global alliances.