NNRF Inc (NNRI)

[gold80302]

(COMTEX) B: NUCON-RF Projects Additional $8 Million in 2007 Revenue From I
stallation of Power Quality Protection Units in Russi
B: NUCON-RF Projects Additional $8 Million in 2007 Revenue From Installation of
ower Quality Protection Units in Russian Federation and CIS Countries ( PrimeNew
wire )

MOSCOW, Feb 15, 2007 (PrimeNewswire via COMTEX) --
NUCON-RF, Inc. (Pink Sheets:NNRF) today announced that its wholly owned
subsidiary, OOO Nucon-Rus, has commenced installation of power quality
protection units in various locations within the Russian Federation and other
CIS countries.

The units, earmarked for deployment in Russian facilities in Moscow, St.
Petersburg and Novosibirsk as well as in facilities in the CIS countries of
Kazakhstan and Azerbaijan, are expected to produce revenue to NUCON of $8
million in 2007.

In a related development, NUCON announced that, due to increased demand for
its power quality protection equipment in Sun City, a new government
office/employee complex in the Republic of Tatarstan, the company is raising
its original revenue projection of $50 to $100 million to a total of up to
$200 million over the next five years. Pre-tax income from the Sun City
project is now projected at up to $80 million for this period.

For 2007, the Sun City project is expected to provide company revenue of up
to $20 million, with pre-tax income of up to $8 million.

NUCON also projects that additional power quality equipment projects within
Tatarstan may provide further company revenue of up to $50 million over the
next five years.

NUCON's power quality protection units, which are manufactured by
Nevada-based Environmental Potentials, 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, increased operating costs and decreased productivity.

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 PrimeNewswire, www.primenewswire.com

SOURCE: NUCON-RF, Inc.
Hanover Capital Corporation
Jim Hock
[phone]
Eisenberg Communications
Rick Eisenberg
[phone]
(C) Copyright 2007 PrimeNewswire, Inc. All rights reserved.
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