NUCON-RF Completes GAAP Audit, Commences Filing Form 10SB


MOSCOW, Oct. 12, 2006 (PRIMEZONE) -- NUCON-RF, Inc. (Pink Sheets:NNRF) today announced that, pursuant to completion of its GAAP audit of the years 2004 and 2005, the company has commenced the process of filing Form 10SB with the Securities and Exchange Commission in order to become a fully reporting company subject to SEC regulations.

NUCON-RF expects to file Form 10SB by the end of October 2006. Sometime thereafter, the company expects to be accepted for listing on the OTC Bulletin Board.

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.



            

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