US Nuclear Receives New Orders for Replacing Competitor Equipment

Los Angeles, CA, March 22, 2018 (GLOBE NEWSWIRE) — Recently, US Nuclear Corp. (UCLE) received orders for new tritium monitoring equipment from Schlumberger for $93,150 and Korea Hydro & Nuclear Power (KHNP) for $307,922, totaling just over $400,000. In each case, the user chose US Nuclear’s equipment to replace units manufactured by a competitor.  Overhoff Technology Corporation, the subsidiary of UCLE that manufactures the tritium monitors, provides the largest selection of tritium monitors in the world and has a well-known history of reliability and performance. Founded in 1972, Overhoff has more experience than any other tritium manufacturer in the world designing and building tritium monitors, which has allowed them to perfect the art of assembling these complex and challenging instruments. Furthermore, Overhoff is now the only company in the United States specializing in the manufacture of tritium monitors.

Tritium monitors are required for any application where tritium is used or is present, to ensure the health and safety of the users and the public. These applications include nuclear power reactors, tritium processing facilities, manufacturing (such as self-powered lighting sources), biomedical and academic research, water treatment/groundwater monitoring, nuclear fusion, and nuclear weapons. Accurately measuring the tritium concentration in these applications is essential, which is why it is so important to have reliable monitors with a good track record, such as Overhoff.

Over time, tritium monitors can fail, wear out, get contaminated, or even become obsolete due to the manufacturer not supporting them anymore, at which point they need to be replaced.  There are also customers who simply want to upgrade their old or current equipment to utilize the newest advances in technology, or who lose confidence in their current supplier due to performance or reliability issues and want to change. Overhoff is in a prime position to provide replacement tritium monitors for any of these instances and has actually recently received a drastic rise in requests ever since one of Overhoff’s competitors in the U.S. stated they are discontinuing support of their old line of tritium monitors.

Overhoff introduced the “Triathalon” system in 2014, which is an upgraded interface that includes a color touch-screen LCD display and an integrated computer in place of the analog controls and digital display. With the superior functionality of the Triathalon, Overhoff hopes to accelerate this replacement trend.

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Robert I. Goldstein, President, CEO, and Chairman
Rachel Boulds, Chief Financial Officer
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