For Release on April 3, 2007, Trading Symbol: NQB Pink Sheets: NNRF
< Return to Press Release Index >Nucon-RF Receives Certification To Sell NuCap TM In The Russian Federation
MOSCOW - April 3, 2007 - NUCON-RF, Inc. (Pink Sheets:NNRF) today said that it has received certification authorizing the sale of NuCapTM in the Russian Federation. The certification process was initiated in November 2006. The certification includes a certificate of the production facility, an ecological certificate and the recommendations for certification from the Laboratory of the State Scientific Center of the Russian Federation-Institute of Physics and Power Engineering and the scientific research laboratory VNNINM.(click here for PDF of Original Russian Certificate) or (English Version)
NUCON-RF has previously received customs clearance for the import of NuCapTM nuclear radiation shielding material into the Russian Federation under the Foreign Economic Activity Commodity Nomenclature (FEACN) No. 3214101000.
NUCON-RF holds an exclusive agent license for NuCapTM in the Russian Federation and other CIS countries from Global Matrechs, Inc., which has the geopolymer NuCapTM manufactured at Dow Corning. NUCON-RF will now place an initial order with Global Matrechs for sufficient base materials to proceed with further engineering and testing of various types and forms of applications. NUCON-RF was previously prevented from proceeding with these engineering studies until it received the certification to sell NuCapTM in the Russian Federation.
NuCapTM applications are to be engineered and evaluated by the Federal State Unitary Enterprise "SevRAO" (Decommissioning of Nuclear Vessels in Northwestern Russia) and "DalRAO" (Decommissioning of Nuclear Vessels in Far East Russia). Each of these entities intends to focus on the encapsulation and protection of corroding iron drums containing radioactive wastes and the stabilization and encapsulation of reservoirs with toxic wastes. The wastes are put into the NuCapTM matrix for long term storage.
NUCON-RF has an internal working group assigned to the marketing of NuCapTM. This group has identified multiple uses and applications for NuCapTM in conjunction with decommissioning, shielding and disposal issues and has been conducting meetings with various Russian government engineering and design enterprises and government agencies during the import and certification processes.
During the certification and import approval processes, new applications have been developed which include next generation toxic and LLW/ILW containers utilizing NuCapTM as a damping agent.
NUCON-RF efforts include: International Project Management Units working in the North-West Region of Russia for technical application of the materials and application engineering equipment to implement remediation, decommissioning and disposal projects for nuclear submarine compartments and their reactor units; the coating of corroded waste drums; and cooperation with operators of nuclear power plants in the Russian Federation, CIS countries and the European Union to insure emergency control for nuclear and non-nuclear facilities
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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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