MOSCOW, May 2, 2007 (PRIME NEWSWIRE) -- In response to interest generated by its release of May 1, 2007, NUCON-RF, Inc. (Pink Sheets:NNRF) today issued additional information on the company's new European Union sales and marketing manager for its FEECOM and BIECOM nuclear waste shielding materials, Mr. Klaus Rose.
Mr. Rose is widely considered as one of the leading managers in the nuclear shielding materials field. Since 1999, Mr. Rose has operated RCE Rose Consulting & Engineering (RCE). RCE has provided various on-site radiological shielding solutions, including dosimetry services, as well as nuclear power plant safety training programs to nuclear utility companies in the European Union. These companies include British Nuclear Fuel Corporation, Risley, U.K., Siemens KWU, Erlangen, ENSA, Santander, Spain and others.
Prior to founding RCE, Mr. Rose held advanced positions at several European companies manufacturing products for use in nuclear power plants. Mr. Rose was engaged as a project engineer, a radiation protection officer, and marketing and sales manager. These companies included NOELL GmbH, NUKEM Group and VOEST ALPINE mce.
As reported yesterday, Mr. Rose's primary responsibility with NNRF will be the operations director of task oriented engineering solutions and sales of NNRF's shielding, decommissioning and recycling technology portfolio to nuclear utilities and multinational nuclear service companies.
NNRF's Director of Shielding and Decontamination Technologies and the inventor of FEECOM/BIECOM, Dr. Hans-Jurgen Engelmann, stated, "We are extremely proud to have my respected colleague Klaus Rose join the NNRF team. We believe his established relationships with the utility companies of the European Union and the multinational nuclear companies that service and supply them, like British Nuclear Fuel Corporation and Siemens, strengthen the base for NNRF to execute its technology portfolio business model. We intend to establish marketing partnerships for the placement of the entire proprietary technology portfolio of NNRF. We now have the basis to offer customized proprietary products for the entire nuclear cycle. From construction to decommission and decontamination, NNRF will offer a customized solution utilizing our proprietary technologies to government agencies, utilities and private customers.
"We look forward to FEECOM and BIECOM gaining international recognition as replacements for the toxic lead walls currently in place in nuclear power stations around the world."
Mr. Rose holds a Masters of Science degree in Physical Technologies from the University of Applied Sciences at Luebeck (Germany).
ABOUT NNRF:
NNRF is a U.S. corporation with executive and operations offices in Moscow, Berlin and Washington. NNRF 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 owns manufacturing facilities and provides both equipment and services for nuclear power plants and compliance, shielding, transport and interim and final storage requirements for government agencies and nuclear service companies. NNRF also owns or licenses proprietary leading edge technologies which provide NNRF with a market edge in manufacturing, design, engineering and services capabilities. 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. NNRF has entered into strategic alliance agreements with government agencies of the Russian Federation. Access through NNRF's strategic alliances to key processing and disposal facilities in the Russian Federation enables it to complete a broad range of projects efficiently and cost-effectively. NNRF believes that this access provides vertically integrated services that distinguish it from competitors. NNRF manufactures nuclear power plant equipment in Russia and has multi-year sales contracts for a significant portion of current production with ROSATOM, the owner and operator of all Russian nuclear reactors. NNRF also provides products, services and proprietary technology based solutions through its' strategic alliances to multilateral and bilateral funded projects located in Northwestern Russia, known as the Northern Dimension Environmental Partnership (NDEP). This area contains the largest repository of spent nuclear fuel and radioactive waste in the world. The projects involve the decommissioning and disposal of nuclear powered naval vessels of the former Soviet Union. The projects are funded by G-8 member countries. NNRF currently is expanding its marketing to include the European Union, China, India and North America in 2007-08, through strategic marketing partnerships with multinational energy service companies. NNRF is currently engaged in the due diligence phase of potential further acquisitions in 2007-2008 which are intended to substantially increase its current asset and revenue base.
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 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.