MOSCOW, Dec. 5, 2006 (PRIME NEWSWIRE) -- NUCON-RF, Inc. (Pink Sheets:NNRF) today said that Professor Valery Zubov, Ph.D., Member of the Russian Federal Parliament Committee on Credit Organizations and Financial Markets, has joined the company's Board of Advisors. Mr. Zubov will counsel the company in the marketing of its nuclear waste and power quality equipment technologies in the Russian Federation.
Mr. Zubov is recognized as among the most influential figures in the Russian Parliament's financial sector. A top ranking Deputy of the Duma -- the lower House of Russian Parliament -- he is primarily responsible for drafting legislation pertaining to forming more effective financial markets in Russia and modernizing that nation's banking system. He is also the former Governor of Russia's Krasnoyarsk Region and one of the founders and deputy director of that Federal Region's stock exchange.
"We are extremely proud to have Professor Zubov join our Board," said NUCON-RF Executive Vice President, Peter Goerke. "We anticipate this addition will help us accelerate our business plan for bringing our cutting edge technologies to commercialization in many regions of the Russian Federation and other CIS countries."
NUCON-RF, a U.S. corporation with executive and operations office located in Moscow and Berlin, is a technical solutions company focused on environmental markets in the Former Soviet Union, Eastern Europe and Asia. NUCON has the capability to provide product, technological and engineering support addressing environmental, 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.