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Re: EricM post# 1341

Tuesday, 02/13/2007 4:42:39 AM

Tuesday, February 13, 2007 4:42:39 AM

Post# of 5657
HENDERSON, Nev., Feb 13, 2007 (BUSINESS WIRE) -- NMC, Inc. (Pink Sheets:NMCX)
today announced that the Company has signed definitive termination and mutual
release agreements with a group of stockholders and independent contractors. The
agreements, which document, amend and supersede the term sheet previously
announced, provide for, among other things:

-- return to the Company for immediate cancellation of 400 million shares of
Class A Convertible Preferred Stock, that had been designated as convertible to
two billion shares of Common Stock, in exchange for an increase in the debt owed
by the Company to one independent contractor by $1.6 million, the original
consideration paid for such shares;

-- the reduction of debt owed by the Company to that same independent contractor
at the rate of $0.01 per share, or $5 million, for the 100 million shares of
Class A Convertible Preferred Stock that were converted into 500 million shares
of Common Stock;

-- termination of seven independent contractor agreements as of December 31,
2006;

-- extinguishment of all amounts owed under those seven independent contractor
agreements, including additional monies owed to another independent contractor;

-- a formula for potential additional reduction of the Company's indebtedness
based upon the results of its certified share audit;

-- issuance to specified independent contractors of Rule 144 restricted warrants
to purchase an aggregate 215 million shares of Common Stock at an exercise price
of $0.01 during a five-year term;

-- mutual non-disparagement covenants;

-- a commitment by the Company to take steps to increase its authorized shares
to cover any over issuance; it is the board's intention to recommend to our
shareholders that we authorize shares, as the board believes a reverse split is
not in shareholders' best interest at this time;

-- a commitment by the Company to notice a shareholders meeting in March 2007;
such meeting is preliminarily scheduled for March 31, 2007 in Las Vegas(details
to follow when available);

-- waivers and releases for the independent contractors and the Company.

"We appreciate the tremendous personal sacrifice and spirit of cooperation of
all those who have made this agreement possible at a critical time in our
Company's history, most especially two unaffiliated shareholders, and the
cooperation of the independent contractors themselves," said Michael Sheppard,
NMC's president and chief executive officer. "We look forward to meeting with
shareholders on March 31, 2007, in Las Vegas, and to sharing with them
management's vision for the future of NMC."

Our newly appointed, external transfer agent is working diligently with brokers
and clearing houses to facilitate trading. In order that our Company may
complete its certified share count, we ask that all shareholders of record whose
stock is held in certificate form contact our Assistant Secretary, Madeleine
Franco, at the following email address with their updated mailing address,
certificate number(s) and number of shares held. Due to anticipated volume,
email or fax is preferable.





Madeleine Franco (madfranco@aol.com)

Phone: 702-256-4905; fax 702-256-4910



This news release is for information purposes only and is neither a solicitation
to sell securities nor an offer to buy securities, which solicitation or offer
may be made only via prospectus. The registration of the Company under the
Securities Exchange Act was revoked in March of 2003. Until the Company has
effected a new registration with the SEC, Section 12 under which the Company
registration was revoked states: "No member of a national securities exchange,
broker, or dealer shall make use of the mails or any means or instrumentality of
interstate commerce to effect any transaction in, or to induce the purchase or
sale of, any security the registration of which has been and is suspended or
revoked pursuant to the preceding sentence."

NOTE CONCERNING FORWARD-LOOKING STATEMENTS-PLEASE READ

Forward-looking statements in this release are based on information available to
the Company as of the date of this news release, and the Company assumes no
obligation to update or revise these forward-looking statements. Forward-looking
statements are inherently uncertain, and the Company's actual results may differ
from management's expectations. Risks and uncertainties associated with
forward-looking statements include without limitation, the risk that
interpretative and other issues will arise in connection with the implementation
of the agreement; that the Company will be unable to promptly complete it audit
of its outstanding shares and that results of such share audit may reveal
additional issues. All forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their entirety by these
cautionary statements. Financial estimates, whenever provided, either by the
Company or by third parties, are subject to change and are not intended to be
relied upon as predictions of future operating results. NMC, Inc. assumes no
obligation to update or disclose revisions to such estimates.

SOURCE: NMC, Inc.



CONTACT: Jordan Richard Assoc. LLCMadeleine Franco, 702-256-4905ir@jordanrichard.net




Copyright Business Wire 2007

Salt Creek

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