September 18, 2003
Datascension Growth Continues,
Additional Call Center Capacity Operational.
LAS
VEGAS - September 18, 2003 --
(BUSINESS WIRE) -- Datascension, a
leading data collection and market
survey firm and subsidiary of Nutek,
Inc. (OTCBB: NUTK) today announced
that it is making significant
strides in the execution of its
strategic growth plan, both in
securing new clients and developing
additional capacity.
Over the past 3 months, Datascension
has added 14 new clients, including
major market research firms and
corporate marketing research
departments. With the addition of
these clients, Datascension now has
99 clients that are involved in a
wide range of industries such as the
entertainment industry, a luxury
cruise line, tobacco, media,
automotive, fast food and political
polling.
“We are in the fortunate situation
where we are continually attracting
and signing new clients from a wide
variety of industries, primarily
from referrals and word of mouth,
while at the same time growing
existing accounts” said Scott Kincer,
Datascension President and Nutek
COO. “This helps us keep our cost of
sales down and shortens our sales
cycle to help increase
profitability.”
“Our Spanish language capabilities
are filling a huge need in the
marketplace and offer tremendous
growth potential for us,” Kincer
added. “The Hispanic community is
the fastest-growing minority group
in the United States today
comprising 12.5 percent of the
population which represents in
excess of 35 million people. Yet,
Hispanic Americans have the lowest
Internet penetration of any major
ethnic group. This factor plays in
our favor since market surveying and
data collection for this market
segment needs to be undertaken
primarily via phone versus the
Internet. Additionally, the
potential for the U.S. Hispanic
market is staggering, and marketers
need to fully understand the
opinions of this market."
Facility Expansion Operational
Datascension’s previously announced
expansion of 100 seats to its Costa
Rica call center facility is
complete and all seats are now
operational. This additional
capacity will be used to accommodate
expanded projects from existing
clients, as well as to accommodate
new business for which the Company
has already received commitments.
We are currently concluding an
extensive test and evaluation of a
new international facility. This
site will provide the additional
infrastructure to support the
continued growth and equally
important to provide further
redundancy to Datascension’s other
call center facilities.
“Our facility expansion has
progressed very smoothly and is
ahead of schedule,” stated Murray
Conradie, Nutek CEO. “We’re
extremely pleased with our progress
and the fact that we’re already
profitable in our expanded Costa
Rica facilities is an indication of
the high level of professionalism of
our employees. The rapid execution
of our expansion will translate to
increased revenues that we’ll see in
fourth quarter 2003 and a faster
return on investment.”
About
Datascension
Datascension, a premier data
solutions company headquartered in
Brea, Calif., embodies a unique
expertise in the collection,
storage, processing and
interpretation of marketing data.
Employing hundreds of bilingual
professionals, the company is
quickly becoming one of the largest
Spanish-speaking call centers.
Datascension's commitment to
customer service, quality and
on-time project management has
fostered its world-class reputation
among major market research firms
and corporate market research
departments. Further information is
available at:
www.datascension.com.
About Nutek, Inc.
Nutek, Inc. (NUTK) is a public
holding company with primary
operations in three diverse
industries: Datascension Inc. a
leading data processing and market
survey firm; Nutek Oil Inc., an oil
and gas exploration and development
company; and Nutek Inc., a developer
and marketer of proprietary
consumer/commercial products.
Additional information is available
at
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.
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