MOSCOW, May 1, 2008 (PRIME NEWSWIRE) -- NNRF, Inc. (Pink Sheets:NNRI) is pleased to announce that it has received an order for FEECOM/BIECOM from E.ON Kernkraft GmbH, one of the four operators of nuclear power plants in Germany. This initial order is for the engineering analysis, design, supply and installation of a FEECOM/BIECOM system that will shield a sensitive device that is used for measuring radiation levels in nuclear power plants. This prototype installation will be designed for use on all similar devices in nuclear power plants operated by E.ON, and with design modifications can be utilized in nuclear power plants operated by other nuclear power plant operators.
This FEECOM/BIECOM installation, which replaces traditional lead material, will be used to shield the measuring device from radiation rays and thereby result in more precise measurement of radiation levels. In addition, the shield is expected to extend the operating life of the measurement device. Each nuclear power plant has several devices that are used for measuring radiation levels inside the plant and each device will require separate shielding. In addition to the engineering and design services, NNRF will supply and install approximately 500-1,000 kilograms of BIECOM for this initial installation. This order comes after lengthy review and testing of FEECOM/BIECOM that proved to E.ON that the material meets E.ON shielding and blocking requirements.
NNRF is also pleased to advise that it has been contacted by other nuclear power plant operators, research centers and emergency response teams in Germany and Europe and requested by these groups to meet and to discuss possible applications and installation of FEECOM/BIECOM material and applications.
ABOUT NNRF:
NNRF is a U.S. corporation with executive and operations offices in Moscow Russia, Munich Germany and North America. NNRF through its Russian based partners offers design and manufacturing of specialized products for nuclear reactors and nuclear waste management; proprietary nuclear shielding, decommissioning and decontamination technologies; and engineering/design services for a range of environmental challenges. NNRF's management team has extensive industry and government service including 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 potential and other prospective presentations by NNRF. 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. NNRF 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 NNRF's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.