Iodine-129 is one of several long-lived reactor products that is being considered for transmutation by the Los Alamos Accelerator Transmutation of Waste (ATW) program. A reasonable rate of transmutation of 1291 is possible in this system because of the anticipated high neutron flux generated from the accelerator. This report summarizes previous papers dealing with the transmutation of 1291 where reactor technologies have been employed for neutron sources. The transmutation process is considered marginal under these conditions. Presented here are additional information concerning the final products that could be formed from the transmutation process in the ATW blanket. The transmutation scheme proposes the use of solid iodine as the target material and the escape of product xenon from the containers after van Dincklange (1981). Additional developmental plans are considered.