NNRF Inc (NNRI)

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WE STILL HAVE ALL THIS:

NNRF’s has relationships, through its investment in ATOLL (defined below with which it participates in management decisions), with
Rosenergoatom, the operating utility of Russia’s nuclear civil facilities; and has direct relationships with Atomstroyexport, established by the
Russian government to promote the export of Russian construction, operation and modernization of nuclear power plants abroad; the
International Center for Environmental Sciences of the Federal Agency of Nuclear Energy (“ICES”), an agency that is focused on nuclear waste
decontamination matters in Russia; the Russian based Engineering Center for Nuclear Containers; and Stroikomplektinvest, a construction
supply distributor serving as NNRF’s marketing partner for power quality equipment in the Republic of Tatarstan.
NNRF began its operations in November 2005 and has accomplished the initial stages of its business strategy. With several key strategic
alliances established as noted above, NNRF has the present capability of providing product, technological and technical service support
addressing radioactive waste, wastewater and power quality challenges, and energy efficiency, shielding, transport and storage requirements, and
plant equipment protection. NNRF also has in-house expertise in radiological protection and radiological waste management. In addition, with
NNRF’s acquisition of 50% of ZAO Electro Machinery Building Plant ATOLL (“ATOLL”), NNRF, via ATOLL, is manufacturing and
supplying parts and equipment for new and existing nuclear facilities in the RF. In accordance with Russian law, 26% of the shares of ATOLL
are held and managed by Nucon-RUS, a wholly-owned subsidiary of NNRF. The remaining 24% of the shares are held by NNRF

NNRF owns, has licensed, or distributes the following technologies:
1. FEECOM/BIECOM - is a non-toxic polymer-based shielding material that can be molded as needed into various forms, including bricks and
plates, containers or plaster on fixed walls. This material which encapsulates and shields nuclear radiation could replace the toxic lead walls
currently used in nuclear reactors and x-ray rooms around the world. NNRF previously acquired the FEECOM/BIECOM technology from Dr.
Hans-Jürgen Engelmann in consideration for options to purchase 150,000 shares of common stock, exercisable for a period of ten (10) years at
$0.75 per share. In addition, Dr. Engelmann will receive a royalty equal to 2.5% of the gross revenues relating to the sale of FEECOM/BIECOM
to third parties. A patent application has been filed with the European Patent Office for this technology.
2. Bicoflex - is a flexible mixture of silicone and bismuth powder material that provides radiation shielding. The product can be
manufactured in various forms including aprons, mats, curtains and garments. Bicoflex is produced by NNRF in Hannover, Germany and has
been fully tested and proven to effectively block radiation. Quality assurance is tested by the Fachhoschule Hannover University of Applied
Sciences in its special department for radioecology and nuclear safety.
3. Radseal - Manufactured in Germany, this radioactive two-part geopolymer has been fully tested by a European-based nuclear research
center and has been cleared by the customs department in Russia for importation into Russia. NNRF plans to offer Radseal for use as dust
suppression in contaminated areas in former nuclear facilities in the RF and other international markets.
4. Trumem - NNRF has entered into a Cooperation Agreement with ASPECT, a Russian research, production and marketing entity
engaged in the development, introduction and transfer of innovative high-tech technologies and projects, to jointly engage in the implementation
and commercialization of complex technologies and equipment of a gradient-porous metal-ceramic membrane known as Trumem. Trumem is a
high-output, long-lasting, inexpensive and compact purification unit for all types of liquid wastes, including radioactive wastes. The principal
application of Trumem will involve the rehabilitation of water basins which have become contaminated with liquid radioactive wastes. NNRF’s
Chief Scientific Officer, Dr. Valery Lebedev, co-invented Trumem. This technology may provide the basis for a technological breakthrough in
solving the current problems of radioactive liquid wastes. Trumem is patent protected in Russia and the European Union