Friday, September 15, 2006 9:04:51 AM
ipment in Republic of Tatarstan ( PrimeZone )
B: NUCON-RF Receives Exclusive Mandate to Market Power Quality Equipment in Repu
lic of Tatarstan ( PrimeZone )
MOSCOW, Sept. 15, 2006, Sep 15, 2006 (PRIMEZONE via COMTEX) --
NUCON-RF, Inc. (Pink Sheets:NNRF) today announced it has received an
exclusive mandate from the Republic of Tatarstan Ministry of Construction
Architecture to commence sales and installation of power quality protection
equipment in newly constructed buildings within the Republic of Tatarstan.
This equipment, which began installations last week at the direction of the
Ministry, is manufactured by Nevada-based Environmental Potentials (EP),
provided by Nucon and sold through its Tatarstan-based marketing and sales
partner, Stroikomplektinvest.
Among the first projects covered under the mandate will be the installation
of power quality equipment in Solnechny, or Sun City, a new government
office/employee complex in Tatarstan. Upon completion, this complex is
expected to house over 20,000 residents in addition to extensive government
office buildings and commercial structures and is estimated to require 50,000
power quality protection units over the next five years.
Total revenue to Nucon for Sun City may approach $50 to $100 million.
Subsequent power quality equipment projects within Tatarstan, which is one of
the most economically developed republics of the Russian Federation, could
provide substantial additional revenue to Nucon over the next five years,
said the company.
Nucon is further endeavoring to obtain government mandates and
sales/installation partnerships within other Russian Republics. These
agreements could also produce substantial company revenue.
Power quality protection units suppress power surges and filter out high
frequency noise over electrical lines. These are common problems afflicting
Russia's power grid, resulting in widespread damage to electrical and
computer equipment and frequent flash fires in many buildings.
Nucon is currently marketing EP power quality protection units in various
locations within Russia. Company revenue from this equipment, which is
certified for sale in Russia, is expected to total $1.5 million in 2006.
NUCON-RF, a U.S. corporation with executive and operations offices in Moscow
and Berlin, provides product, technological and engineering solutions for a
wide range of environmental, wastewater, power quality and radioactive waste
challenges. These solutions address compliance, shielding, transport and
storage requirements, plant equipment protection, energy efficiency and
remediation techniques for diverse radioactive and toxic wastes. The company
possesses extensive in-house expertise in all aspects of radiological
protection and radiological waste management.
Safe Harbor Statement
Statements in this press release that are not historical facts are
forward-looking statements, including statements regarding announcements of
financial results, business potentiality and other prospective presentations
by NUCON-RF, Inc. Such statements reflect management's current views, are
based on certain assumptions and involve risks and uncertainties. Actual
results, events, or performance may differ materially from the above
forward-looking statements due to a number of important factors, and will be
dependent upon a variety of factors, including, but not limited to, our
ability to obtain additional financing that will allow us to continue our
current and future operations and whether demand for our products in domestic
and international markets will continue to expand. NUCON-RF undertakes no
obligation to publicly update these forward-looking statements to reflect
events or circumstances that occur after the date hereof or to reflect any
change in NUCON-RF's expectations with regard to these forward-looking
statements or the occurrence of unanticipated events.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: NUCON-RF, Inc.
Hanover Capital Corporation
Jim Hock
(818) 610-2028
Eisenberg Communications
Rick Eisenberg
(212) 496-6828
(C) 2006 PRIMEZONE, All rights reserved.
*** end of story ***
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