December 13, 2001
Nutek
Inc. Announces $3,000,000 Federal Contract.
Henderson, NV. -- (PR Newswire) - December 13, 2001 -- Nutek Inc. (OTCBB:NUTK)
announces Datascension Inc., a wholly owned subsidiary, has been
awarded $3,000,000 Federal contract.
Mr. Conradie, CEO of Nutek, stated, “Datascension has received a $3
million Federal contract for the survey to track the fishing effort
of recreational saltwater anglers throughout the country for the
National Marine Fisheries Service of the National Oceanographic and
Atmospheric Administration (NOAA). The successful negotiation of
this Federal contract brings the commitments for Datascension to $7
million during the last 60 days.”
Mr. Kincer, Datascension’s President and Nutek COO, added, “We are
committed to our expansion of existing business relationships and
the negotiation of new opportunities. With a further $1 million in
contracts still under negotiation before year end, we are entering
2002 with great momentum.”
Mr. Conradie further added, “We have seen tremendous developments
and growth since our acquisition of Datascension. Our goals however,
are to eclipse these contracts in 2002 with commitments for our
revolutionary Tekplate product which we successfully launched over
the Thanksgiving period in several DeNault’s TrueValue stores in
Southern California. Nutek is currently in negotiations with several
major distribution channels for this product and will announce these
contracts once concluded.”
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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