Nutek Inc. Receives Initial Order for NuLight.Business Editors HUNTINGTON BEACH Huntington Beach, city (1990 pop. 181,519), Orange co., S Calif., on the Pacific coast, across from Santa Catalina Island, in an oil-producing area; inc. 1909. It manufactures aerospace vehicles, aircraft parts, optical instruments, and heat transfer equipment. , Calif.--(BUSINESS WIRE)--March 22, 2001 Nutek Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :NUTK) announces receipt of initial order for the NuLight Product. Mr. Murray Conradie, Nutek CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated, "We have received an initial purchase order for 2,500 units for NuLight from a leading lighting distributor. The blackouts currently taking place in California have prompted this distributor to purchase these units to introduce to their regional vendors. Additionally, this distributor will be introducing NuLight on television for a 30 day period to a daily audience of 400,000 viewers in these blackout areas." "The impact of the unannounced blackouts have taken many people by surprise, often leaving them in dark unfamiliar surroundings. The NuLight will now offer a solution for illumination during these blackouts or any situation or emergency where the power is interrupted," stated Mr. Conradie. 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 as the NuLight is powered by ENERGIZER batteries. In the event of a power failure, electrostatic sensors immediately activate light diodes in the cover powered by ENERGIZER batteries which will illuminate a 30'x30' 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. About Energizer: Energizer Holdings, Inc. (NYSE NYSE See: New York Stock Exchange :ENR ENR Enrolled (bill, resolution, etc. passed by both houses of Congress and re-typed) ENR Engineering News Record EnR Énergies Renouvelables (French) enr Enregistrement (French) ) the world's largest manufacturer of dry cell batteries recently concluded an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Purchase Agreement with Nutek for the supply of ENERGIZER batteries for the NuLight and is the recommended replacement brand of battery. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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