NNRF Inc (NNRI)

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For Release on May 23, 2006
Trading Symbol: NQB Pink Sheets: NNRF

NUCON-RF, Inc. Enters into Consortium to Provide Product and Services to ROSENERGOATOM

MOSCOW. May 23, 2006. NUCON-RF, Inc. has entered into an agreement to co-lead an international consortium of European and Russian companies that will provide equipment, technologies and maintenance services to Rosenergoatom and their listed Russian contractors.

Rosenergoatom is the operating utility of all Russia’s nuclear power plants.