Nutek's Datascension Signs Two New Clients: Davidoff and a Major International Market Research Firm Join Rapidly Growing Client Base.

LAS VEGAS, Jul 21, 2003 (BUSINESS WIRE) -- Nutek, Inc.'s (NUTK) subsidiary, Datascension, a leading data processing and market survey firm, announced today that it has begun providing data and survey collection services for several new clients, including Davidoff and a major international market research firm.

"We are extremely pleased that two leading companies in their respective industries have elected to use Datascension's services," said Scott Kincer, COO of Nutek and president of Datascension. "Our unmatched monitoring and reporting capabilities are key factors in winning and retaining new customer accounts. The fact that Datascension has increased its customer base by more than 80% over the last 10 months and has continued to expand its existing customer revenue is a tribute to the talent and professionalism of our staff and their intense focus on customer satisfaction."

The awarding of an initial $500,000 commitment to Datascension by this major international research firm to conduct interviewing through our bilingual English/Spanish call center in Costa Rica is very encouraging. This new research firm, world-renowned in its field, has several thousand employees in numerous countries around the world. Since the research industry is extremely competitive, with most clients including strict privacy policies in their contracts, Datascension does not disclose all client names.

Datascension is currently conducting inbound market calls for the exclusive Davidoff brand cigars, whereby employees accept calls from consumers responding to magazine advertisements offering free merchandise.

"Our Datascension subsidiary continues to build upon its strengths," stated Murray Conradie, Nutek president and CEO. "The high caliber of clients we are servicing is testimony to our reputation for exceptional customer service and quality. Our planned expansion in Costa Rica and the upcoming addition of a new international location will allow Datascension to continue its dramatic growth and better serve clients as the company continues to experience robust customer demand."

About Davidoff

Enjoying the delightful moments in life with spirit and emotion, either for oneself or together with friends. This is a genuine lifestyle -- it is Davidoff's "The Good Life." In its products the Davidoff brand unites craftsmanship, dedication and understanding. Knowledge of tradition linked to innovation and a sense of elegant functionality is the key for the success of the Davidoff products. They are created with both care and a great love of detail. Davidoff employees are personally committed to high quality, for they -- like many of their customers -- have been strongly attached to the brand for many years.

Davidoff stands for credibility. And behind this authenticity are Zino Davidoff and Dr. Ernst Schneider, whose pleasure in enjoyment is the starting point for the global brand of Davidoff. What links Davidoff to people all around the world is the love of beauty and elegance -- of pleasure and living. Davidoff -- The Good Life. For further information visit http://www.davidoff.com.

About Datascension

Datascension, a premier data solutions company, embodies a unique expertise in the collection, storage, processing and interpretation of data with emphasis and commitment to absolute customer service, quality assurance and on-time project management. Datascension's management team has over 30 years of success in developing and implementing client solutions. Datascension's extensive list of satisfied customers includes major market research firms and hospitality, entertainment, and automotive sector companies. Datascension, headquartered in Brea, California, is the centralized location for the majority of its services. Datascension, which already employs hundreds of bilingual Spanish-English speaking callers, is seeking to become one of the largest Spanish-speaking phone centers. Further information on Datascension is available at: http://www.datascension.com.

About Nutek, Inc.

Nutek, Inc. (NUTK) is a public holding company with a concentrated focus on three primary operating divisions, diversified in very different industries: Datascension Inc. a premier data solutions company with operations in Brea, Calif., and Costa Rica; Nutek Oil Inc., based in San Antonio, Texas has oil and gas interests; and Nutek Inc., which is devoted to the acquisition, development and marketing of proprietary consumer/commercial products. Additional information on Nutek is available at http://www.nutk.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995  

Certain statements contained in this press release are forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) and information relating to the Company that is based on the beliefs of the management of the Company, as well as assumptions made by and information currently available to the management of the Company. When used in this press release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. Such statements reflect the current views of the Company with respect to future events, and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. The Company does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.