Nutek Announces Sales Commitments increased $600,000.

HENDERSON, Nevada - (BUSINESS WIRE) - September 26, 2002 -- Nutek Inc. (NUTK), a publicly traded holding company, today announced an additional $600,000 in revenue for its Datascension division.

"We are extremely satisfied that Datascension has continued on its current growth path," commented Nutek CEO Murray Conradie. "Additionally, management has been striving to cut costs in all areas and expect to see the full impact of these cost savings in 2003."

Conradie indicated the $600,000 revenue is not made up of multi-year contracts, but rather from several vendors currently evaluating the quality and performance of our work and could in the future result in long-term contracts. This additional revenue will be reflected in our third and fourth quarter financials. Datascension also recently completed a further wave of one of the government surveys contracted, completing over 114,000 interviews.

In conclusion, Conradie stated, "We are very pleased with the major advances we have made this year to increase revenues and cut costs to maintain profitability, even though we are currently operating in a very difficult environment."

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.