October 24, 2001
Datascension
Inc. awarded $3 million contract.
Henderson, NV. -- (PR Newswire) - October 24, 2001 -- Nutek Inc. (OTCBB:NUTK)
announces newly acquired subsidiary, Datascension Inc., awarded $3
million contract.
Nutek is pleased to announce a two-year contract commencing January
1, 2002, with Sandelman & Associates worth an estimated $3 million
dollars.
Mr. Conradie, CEO of Nutek, stated, "Our newly acquired division,
Datascension Inc., continues its aggressive growth with the advent
of this long-term contract. We are happy to report that the
underlying business strategies that brought our two companies
together continue to materialize."
Mr. Kincer, Datascension's President, added, "Sandelman & Associates
is a cornerstone account for Datascension, and this contract
solidifies the strong business relationship that has developed."
About Datascension Inc.
Datascension is a premier data solutions company representing a
unique expertise in the collecting, storage, processing and
interpretation of data.
Additional information about Datascension Inc., can be found at
www.datascension.com
About Sandelman & Associates
Sandelman & Associates is a marketing research and consulting firm.
It was established in 1988 to provide foodservice companies with the
consumer information needed in order to direct their marketing and
operations efforts. The Foodservice Consumer Monitor is Sandelman &
Associates' syndicated research program that includes several
awareness, usage and attitude consumer tracking studies for chain
restaurants. These studies encompass over 100,000 telephone
interviews per year and have been conducted in over 100 individual
markets in the United States. In addition, the company also conducts
a wide variety of custom research assignments for foodservice
companies. Sandelman & Associates' client list includes more than
eighty-five of the nation's leading companies in the foodservice
industry.
Additional information about Sandelman & Associates can be found at
www.sandelman.com
Safe Harbor for Forward-Looking Statements
Except for historical information contained herein, the statements
in this release are forward-looking statements that are made
pursuant to the safe harbor provision of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve
known and unknown risks and uncertainties, which may cause the
company's actual results in future periods to differ materially from
forecasted results. Such risks and uncertainties include, but are
not limited to, market conditions, competitive factors, the ability
to successfully complete additional financings, the company's
failure to implement its business strategies and other risks.
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