For Release on October 2, 2007, Trading Symbol: NQB Pink Sheets: NNRI
NNRF, Inc. Announces Completion of Strategic Plan For The Containment And Disposal Of Hazardous Waste In The Arab Republic Of Egypt
BERLIN, October 2, 2007 -- NNRF, Inc. (Pink Sheets: NNRI.PK) today announced the completion of a strategic plan developed for the Cabinet of Ministers, Ministry of State for Environmental Affairs, Egyptian Environmental Affairs Agency. NNRF will present the plan to the Ministry following the end of Ramadan in October, 2007. NNRF intends to sign a global agreement thereafter regarding the handling, containment and the disposal of high level hazardous wastes in Egypt. This global agreement will identify the priorities, amounts and terms of the engagement of NNRF by the Arab Republic of Egypt.
The joint undertaking will include a ten year plan for the replacement of toxic lead with NNRF's proprietary materials, FEECOM and BIECOM.
The plan also includes and identifies the involvement of current strategic partners of NNRF for the manufacture of the materials required, the appropriate engineering services and identification of suitable repositories for final disposal of the hazardous wastes.
NNRF also announced that similar initiatives are currently under review in the Far East and Latin America. NNRF anticipates that these initiatives will be successfully concluded in the next two quarters.
Dr Hans Engelmann, the head of shielding and disposal technologies for NNRF stated, "We are gratified that the building process of this last year has resulted in the recognition of the integrated capabilities of NNRF, together with its' strategic partners, in decontamination, containment, decommissioning and final disposal services to address critical global environmental issues. The initiatives currently underway in the Russian, European, Middle Eastern, Latin American and Far Eastern markets are indications of this recognition and the initial acceptance of the Company's core capabilities in these environmental service sectors." Dr. Engelmann concluded, "We are now positioned to commence the provision of these environmental services in global markets and will continue to grow this business model according to the Company's strategic ten year plan."
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.
CONTACT:
| NNRF, Inc. Theresienstrasse 6-8 D-80333 München Tel.: +49 89 288 904 88 Fax: +49 89 288 904 5 |
NNRF, Inc. 1574 Gulf Rd. #242 Point Roberts, WA 98281 Internet www.nnrf.com |