MOSCOW, July 13, 2006 (PRIMEZONE) -- NUCON-RF, Inc. ("NUCON") (Pink Sheets:NNRF) conducted a presentation of its nuclear radiation shielding technologies in Moscow on June 27, 2006 for Russian Federation State agencies, institutes and facilities responsible for nuclear safety.
The technologies presented included the newest acquisitions of NUCON -- FEECOM and BIECOM. FEECOM and BIECOM are new proprietary polymer composite shielding materials with an additive and metal blocker providing new dimensions in radiation safety. Both products have successfully undergone years of testing and have proven to be resistant to both radioactive environmental and corrosion conditions. FEECOM and BIECOM materials, which can be produced in various geometrical forms such as bricks, plates and cast shapes, were demonstrated at the presentation, which was delivered by Dr. Hans Jurgin Engelmann, NUCON's Project Manager for Shielding Materials and Technologies and was supported by the technical staff of NUCON.
The Russian Federation State representatives present included:
The Federal Agency of Nuclear Energy of Russia;
The Dismantling Department of the Federal Agency of Nuclear
Energy of Russia;
The Institute "NIKIET" -- responsible for Nuclear Power
engineering, research and development;
The State concern -- Rosenergoatom; and
The Mining and Chemical Combine ("MCC") of Zheleznogorsk --
nuclear waste disposal and storage.
The following areas were discussed for technical application of the materials: nuclear power plants; emergency control; health facilities; nuclear safety; and space radiation security/shielding.
The State representatives present agreed that the materials are of the greatest interest for their respective agencies and concurred that FEECOM and BIECOM will provide them with an excellent alternative to the older technologies currently employed. NUCON believes that this meeting and product demonstration will result in significant product orders. NUCON will now work with each individual State agency to develop and manufacture the type of applications specified by each agency.
A distinctive feature of these new materials is that their protection and construction properties can be modified in a variety of ways according to customer needs. This allows customers to request product customized specifically for their shielding and construction needs. The new shielding material also surpasses steel in withstanding corrosion attacks and can be used as a construction material. The new shielding materials are not toxic and can be manufactured in an environmentally friendly manner. It also has excellent thermal stability.
FEECOM and BIECOM are physically more flexible than traditional rigid shielding materials. Their mouldable nature (brick, plates, cast containers, etc.) will provide significant numbers of applications for many general shielding devices, in isotope production or for temporary and permanent shielding applications for which NUCON is presently working in cooperation with these and other Russian State enterprises for domestic and foreign projects. FEECOM and BIECOM, in a plaster-like formulation, can also be applied directly to walls. Further information may be found at www.nucon-rf.com.
NUCON is a U.S. chartered corporation with executive and operations offices located in Moscow. NUCON-RF has the capability to provide product, technological and engineering support addressing environmental, wastewater, power quality and radioactive waste challenges. These include compliance, shielding, transport and storage requirements, plant equipment protection, energy efficiency and development of techniques for a broad range of radioactive and toxic wastes. NUCON-RF also has 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.