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International Isotopes Inc. Announces the Selection of Parsons as the Lead Design-Build Contractor for the Proposed Depleted Uranium De-Conversion Facility

IDAHO FALLS, Idaho Lea County, New Mexico New Mexico

The selection of the Parsons team represents the culmination of a nine-month-long effort during which time INIS completed a competitive contractor selection process and then conducted contract negotiations with Parsons.  INIS and Parsons have executed a letter of intent ("LOI") documenting the agreed upon contract terms for the project.  The contract is intended to engage the Parsons team for a complete "turnkey" scope of work on the project.  Parsons will be the lead contractor on the project responsible for design, engineering, fabrication, procurement, and construction of the project, complete in every detail.

Steve T. Laflin

Mike Walsh

About International Isotopes Inc.

Hobbs, New Mexico

About Parsons

markets www.parsons.com

International Isotopes Inc. Safe Harbor Statement

www.sec.gov December 31, 2010

FOR MORE INFORMATION CONTACT:

Jim Drewitz

[email protected]

www.intisoid.com

SOURCE International Isotopes Inc.

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