NNRF Inc (NNRI)

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(COMTEX) B: NUCON-RF, Inc. Enters Into An Agreement With the Department of
Nuclear Sites Decommissioning of the Russian Federati
B: NUCON-RF, Inc. Enters Into An Agreement With the Department of Nuclear Sites
ecommissioning of the Russian Federation to Participate in Russian and G-8 Funde
Decontamination Projects ( PrimeZone )

MOSCOW, Nov 20, 2006 (PrimeZone Media Network via COMTEX) --
NUCON-RF, Inc. (Pink Sheets:NNRF) today announced it has signed an agreement
with the Department of Nuclear Sites Decommissioning of the Federal Agency of
Nuclear Energy of the Russian Federation to supply nuclear safety
technologies, products and equipment for Russian and G-8 funded nuclear waste
decontamination projects. Chief among these is the decontamination of
Andreyeva Bay, Building No.5, a highly contaminated former radioactive waste
storage site undergoing decommissioning.

Andreyeva Bay contains extremely high levels of radioactive dust that
prevent further disposal of more than 150,000 tons of radioactive
construction materials, 1.5 million tons of associated metals, and thousands
of tons of solid and liquid radioactive waste. Much of this material comes
from spent nuclear fuel assemblies of decommissioned Soviet-era nuclear
powered submarines. (see: http://www.nti.org/e_research/e3_43a.html)

In decontaminating Building No. 5, NUCON will utilize NuCap(tm), a
silicon-geopolymer material that stabilizes, encapsulates and stores nuclear
waste for up to 170 years. NuCap(tm) will be used for the containment of
radioactive dust, radioactive sludge, broken fuel assembly elements and
highly radioactive fuel pieces, and for general containment of radioactive
floors and walls. This containment, once complete, will increase the safety
for construction personnel to enter a contaminated building to perform
decontamination projects.

NuCap(tm) applications are to be engineered and evaluated by Federal State
Unitary Enterprise "SevRAO" (Northern Spent Fuel Company) and "DalRAO" for
the encapsulation and protection of the thousands of corroding iron drums
containing radioactive wastes and the stabilization and encapsulation of
reservoirs with toxic wastes where the wastes are put into the NuCap(tm)
matrix for long term storage.

NUCON holds an exclusive agent license for NuCap(tm) in the Russian
Federation and other CIS Countries from Global Matrechs, Inc., which produces
the geopolymer NuCap(tm) at Dow Corning Corporation.

The parties will also evaluate potential sites in the Northwest and Far East
of the Russian Federation for the application of FEECOM/BIECOM, moldable,
non-toxic polymer-based nuclear energy shielding materials owned by NUCON.
They are engineered for multiple worldwide applications including the
replacement of the toxic lead walls in nuclear reactors, medical facilities
and other buildings using lead as a shielding material.

The total project, which is estimated to last until at least 2012 and cost
$4 billion, is allotted $2 billion under a G-8 funded decommissioning plan.
$438.5 million of this total in working contracts have been concluded to date.

Working plans detailing NUCON's participation in the project for 2007 and
following years will be discussed and agreed between the parties the week of
December 18th in Moscow. The Company believes it will be able to develop cash
flow projections once these mutual understandings are concluded.

NUCON-RF, a U.S. corporation with executive and operations office located in
Moscow and Berlin, is a technical solutions company focused on environmental
markets in the Former Soviet Union, Eastern Europe and Asia. NUCON has the
capability to provide product, technological and engineering support
addressing environmental, 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
[phone]
Eisenberg Communications
Rick Eisenberg
[phone]
(C) Copyright 2006 PrimeZone Media Network, Inc. All rights reserved.
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