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Nutek Inc. Announces OEM Agreement With Energizer.

Business Editors

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--March 13, 2001

Nutek Inc. (OTCBB:NUTK) announces OEM Purchase Agreement with Energizer to supply batteries for NuLight product.

Murray Conradie, Nutek CEO, stated, "We are pleased to announce this Original Equipment Manufacturer (OEM) Agreement with Energizer. Energizer offers an excellent product and we will be displaying the Energizer logo on our packaging including the wording `Replace with ENERGIZER brand batteries'."

About Nutek:

Nutek is a fully reporting public holding company involved in oil and natural gas operations; the production and assembly of plastic wall clocks; the design, manufacture and distribution of women's resort wear clothing and the manufacture and distribution of unique patented products.

About Energizer:

Energizer Holdings Inc. (NYSE:ENR) is the world's largest manufacturer of dry cell batteries and flashlights. Its Energizer and Eveready brands are recognized around the world and are marketed and sold in more than 160 countries.

About the NuLight product:

The NuLight switch cover plate is a revolutionary safety lighting device for every home, office, hotel and hospital. All that is required is to unscrew the existing light switch cover plate and screw on our new safety cover plate. No wiring is required.

In the event of a power failure, electrostatic sensors immediately activate light diodes in the cover which will illuminate a 30-foot x 30-foot room for several hours. Most light switches are located at an entryway, and therefore, amber lights will be used for internal room light covers and red lights on exit way covers."

Commenting on the agreement, Conradie stated, "We are pleased to be associated with Energizer batteries to be able to offer a quality battery as a standard item with the purchase of the NuLight product."

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 companies failure to implement its business strategies and other risks.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 13, 2001
Words:379
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