Nutek Inc. Announces Opening of Datascension Costa Rica S.A.

HENDERSON, Nev., May 14, 2002 (BUSINESS WIRE) -- Nutek, Inc. (NUTK), a publicly traded holding company, today announced the expansion of operations to a new state of the art 300 seat call center in Costa Rica, Central America. This new facility, Datascension Costa Rica S.A., commenced operations Monday, May 13th.

"We are very excited to have expanded our Datascension operation into Costa Rica," said Murray Conradie, President and CEO of Nutek, Inc. "The benefits of this off-shore operation are tremendous, especially in terms of immediate cost savings in the operational infrastructure. And, the increased capacity will allow us to bid on additional, larger projects."

"The synergy between Nutek and Datascension has been remarkable and we continue to grow from strength to strength," stated Scott Kincer, COO of Nutek and President of Datascension. "This latest acquisition of Sin Fronteras Inc., with call center interests in Costa Rica and the resulting formation of Datascension Costa Rica S.A., will result in additional savings of almost $400,000 annually."

The highlights of the acquisition of Sin Fronteras Inc. are as follows:

          -- Purchase price of $980,000
          -- Sales agreements for a minimum of $2 million over the next 24 months
          -- $750,000 infusion into Nutek.

"Our expansion into Costa Rica will soon allow us to become a major force in the field of Spanish speaking market research with our goal being to reach 2,500 interview hours per day. The additional call center capacity will result in significantly more business being undertaken and the infusion of an additional $750,000 into Nutek is a major boost to our working capital," commented Kincer.

CEO Conradie further commented, "This is not new territory for Mr. Kincer and his team, who previously grew from a startup to over 600 full time employees in Costa Rica, in less than three years. That company was then sold for $17 million to the Polk Group and is now part of Equifax Inc. (EFX), the largest U.S. credit-reporting agency. With this recent acquisition and the clients we are continually adding, Datascension has now exceeded the earnings realized in Mr. Kincer's former company."

Nutek is a holding company, with a concentrated focus on three primary operating divisions, diversified in very different industries. Nutek is devoted to the acquisition, development and marketing of proprietary consumer/commercial products. In addition to this division, Nutek Oil Inc., based in San Antonio, Texas, and Datascension Inc., based in Riverside, California, round out the current operating units of Nutek.

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.