November 07, 2001
Nutek
Inc. Announces Additional Contracts in Excess of $1,000,000.
Henderson, NV. -- (PR Newswire) - November 7, 2001 -- Nutek Inc. (OTC
Bulletin Board: NUTK) announces Datascension Inc., a wholly owned
subsidiary, awarded over $1,000,000 in additional contracts.
Mr. Conradie, CEO of Nutek, stated, "Datascension continues its
remarkable growth with the addition of these new project commitments
and a further $3 million currently in negotiations. The committed
projects are scheduled to begin within the fourth quarter and
include Universal Music Group and Sega of America Dreamcast, Inc."
Mr. Kincer, Datascension's President, added, "We continue to expand
our client base through our aggressive sales efforts and commitment
to customer service. These contracts represent initial orders with
measurable opportunity to expand the existing business
relationships."
Nutek is further pleased to affirm it has received the first
shipment and commenced deliveries of its revolutionary Tekplate
product.
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 TekPlate
TekPlate is a specialty line of patented switch plate and outlet
plate covers specifically designed to provide automatic illumination
when the power fails.
Additional information about TekPlate can be found at
www.tekplate.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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