8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) May 14, 2008

PERMA-FIX ENVIRONMENTAL SERVICES, INC. 

(Exact name of registrant as specified in its charter)

Delaware	1-11596	58-1954497
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

8302 Dunwoody Place, Suite 250, Atlanta, Georgia	30350
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code: (770) 587-9898

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Section 1 – Registrant’s Business and Operations

Item 1.01 – Entry Into A Material Definitive Agreement

On May 14, 2008, Perma-Fix Environmental Services, Inc. (“PESI” or the “Company”) and its wholly-owned subsidiary, Perma-Fix Treatment Services, Inc. (“PFTS”), entered into an Asset Purchase Agreement to sell substantially all of PFTS’s assets to A Clean Environmental Company, Inc. (“ACE”) for approximately $1.5 million in cash, subject to certain working capital adjustments, and the assumption of certain liabilities by ACE. PFTS is one of the Company’s Industrial Segment facilities. ACE is an environmental service company located in Wilson, Oklahoma. The completion of this transaction is subject to the satisfaction of numerous conditions precedent. The Company expects to complete the sale of PFTS facility during the second quarter of 2008.

If the transaction is completed, the sale of substantially all of the assets of PFTS would represent PESI’s third transaction in connection with its plan to divest all or part of the Company’s Industrial Segment. The Company previously sold substantially all of the assets of Perma-Fix of Dayton, Inc. (“PFD”) on March 14, 2008, and of Perma-Fix of Maryland, Inc. (“PFM”) on January 8, 2008, pursuant to transactions in which the respective purchasers assumed certain liabilities of PFD and PFM. PFD and PFM were also members of the Company’s Industrial Segment. The sales of the PFD assets and PFM assets are reported in the Company’s Current Reports on Form 8-K, dated March 20 and January 14, respectively.

Section 9 – Financial Statements and Exhibits

Item 9.01 – Financial Statements and Exhibits

(d)	Exhibits
	Exhibit Number	Description
	99.1	Asset Purchase Agreement, dated May 14, 2008, by and between Perma-Fix Environmental Services, Inc., Perma-Fix Treatment Services, Inc., and A Clean Environmental Company, Inc. The Asset Purchase Agreement identifies certain schedules and exhibits, which are not filed with the Asset Purchase Agreement. The Registrant will furnish a copy of the omitted schedules and exhibits to the Commission upon request.
	99.2	Press Release dated May 15, 2008

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 20, 2008

PERMA-FIX ENVIRONMENTAL SERVICES, INC.
By:	/s/ Steven T. Baughman
	Steven T. Baughman
	Vice President and
	Chief Financial Officer

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EX-99.1

EX-99.2

Perma-Fix Announces Agreement to Sell

Tulsa Industrial Waste Facility for $1.5 Million

ATLANTA – May 15, 2008 — Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) today announced a definitive agreement to sell substantially all of the assets of Perma-Fix Treatment Services, Inc., one of the Company’s Industrial Segment facilities located in Tulsa, Oklahoma, to A Clean Environment Company, Inc. (“ACE”) for approximately $1.5 million in cash, subject to certain working capital adjustments, and the assumption of certain liabilities. ACE is an environmental services company located in Wilson, Oklahoma. The completion of this transaction is subject to a number of conditions precedent being met. The Company expects to complete the sale of its Tulsa facility during the second quarter of 2008.

Dr. Louis F. Centofanti, Chairman and Chief Executive Officer, stated, "When we complete the sale of our Tulsa facility, this will mark the third industrial facility within our Industrial Segment that we have sold this year. We are aggressively working to sell the remaining industrial facilities, as we concentrate our efforts on the growth opportunities within our Nuclear Segment."

About Perma-Fix Environmental Services

Perma-Fix Environmental Services, Inc., a national environmental services company, provides unique mixed waste and industrial waste management services. The Company’s increased focus on nuclear services includes radioactive and mixed waste treatment services for hospitals, research labs and institutions, federal agencies, including DOE, DOD, and nuclear utilities. The Company’s industrial services treat hazardous and non-hazardous waste for a variety of customers including, Fortune 500 companies, federal, state and local agencies and thousands of other clients. Nationwide, the Company operates nine major waste treatment facilities.

This press release contains “forward-looking statements” which are based largely on the Company's expectations and are subject to various business risks and uncertainties, certain of which are beyond the Company's control. Forward-looking statements include, but are not limited to, completion of the sale of the Tulsa facility during the second quarter of 2008, divestiture of other facilities within our Industrial Segment and concentrate our efforts on the growth opportunities within the Nuclear Segment. These forward-looking statements are intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. While the Company believes the expectations reflected in this news release are reasonable, it can give no assurance such expectations will prove to be correct. There are a variety of factors which could cause future outcomes to differ materially from those described in this release, including, without limitation, fulfillment of the conditions precedent contained in the definitive agreement to sell substantially all of the assets of Perma-Fix Treatment Services, Inc., future economic conditions; industry conditions; competitive pressures; and the additional factors referred to under "Special Note Regarding Forward-Looking Statements" of our 2007 Form 10-K/A and the Forward-Looking Statements discussed in our Form 10-Q for the quarter ending March 31, 2008. The Company makes no commitment to disclose any revisions to forward-looking statements, or any facts, events or circumstances after the date hereof that bear upon forward-looking statements.

Please visit us on the World Wide Web at http://www.perma-fix.com.

Contacts:

Dr. Louis F. Centofanti, Chairman and CEO	David K. Waldman-US Investor Relations
Perma-Fix Environmental Services, Inc.	Crescendo Communications, LLC
(770) 587-5155	(212) 671-1020 x101

Herbert Strauss-European Investor Relations

herbert@eu-ir.com

+43 316 296 31