Xtreme Companies to Acquire Nucon International

ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.

SUBSCRIBE/UNSUBSCRIBE |

Conservation & Wildlife

Corporate Responsibility

Science & Technology

Syndication Partners

**************************************************************************

E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE

**************************************************************************

Xtreme Companies to Acquire Nucon International

NEVADA, LAS VEGAS, May. 21 -/E-Wire/Business Wire/-- The Board of Directors of Xtreme Companies (OTCBB:XTRE) today announced the proposed acquisition of nuclear and medical waste disposal company Nucon International, Inc. for 25,000,000 shares of newly-issued restricted stock.

Through a "Notice of Action by Written Consent," 78.4% of the Xtreme Companies shareholders approved the Board's decision to acquire all of Nucon International's capital stock, proprietary processes, intellectual property, patents, patents pending, licenses and customer agreements. Shareholders of record were as of May 15. The closing is expected to be on or before May 27.

Nucon International provides Nuclear Waste Reduction (NWR) and medical waste treatment processes to detoxify waste, convert byproducts into inert particles (such as medical isotopes) and low-cost energy to run the system with excess for sale. NWR is based on microwave action and magnetic suspension to remove radioactive elements from low-grade nuclear waste. Nucon's medical waste treatment process also neutralizes toxicity, but with a non-burning technique.

Nucon's NWR process scans waste with a primary sensor system to remove all liquid waste, high-grade waste and unusually large bulk material. Then, a microwave system ionizes each radioactive element. Finally, a four-part microwave process stabilizes remaining elements for non-toxic disposal.

With medical waste, a self-contained thermo-reduction heat absorption process chamber converts raw medical waste into "char" (an inert carbon product) and a low-grade methane gas that provides energy to run the system and excess energy for sale to others. There is an established marketplace for the separated recyclables.

Upon the closing of the Nucon International, Inc. transaction, Xtreme Companies will have 30,790,064 common shares outstanding, of which 30,000,000 will be barred from trading until June 2003 and then subject to the Rule 144 restricted selling formula based on trading volume.

The Nucon International acquisition closely follows the acquisition of Waste Renewal Systems earlier in May for new Xtreme Companies restricted shares.

About Xtreme Companies (Formerly Xtreme Webworks)

Xtreme Companies, Inc. is embarking on an aggressive acquisition campaign for companies that can benefit from Internet marketing. Its Xtreme Webworks division provides Web-based businesses of all sizes with tools to deliver targeted traffic to their sites and to optimize the client's positioning on major search engines. Its Waste Renewal Systems wholly-owned subsidiary cleanly removes municipal and industrial waste through a propriety thermo-reduction process. The new Nucon wholly-owned subsidiary cleans nuclear and medical waste.

Safe Harbor Statement

This news release contains forward-looking statements about Xtreme Companies' business, financial condition and prospects that reflect the Company's assumptions and beliefs based on information currently available. The Company can give no assurance that the expectations indicated by such forward-looking statements will be realized. If any of the Company's assumptions should prove incorrect, or if any of the risks and uncertainties underlying such expectations should materialize, actual results may differ materially from those indicated by the forward-looking statements.

Xtreme Companies, Inc.

Xtreme Companies, Inc., Donald Bradley, 702/966-0600, [REDACTED-EMAIL] or Greg McAndrews & Associates, Gregory A. McAndrews, 310/301-3035, [REDACTED-EMAIL]

**************************************************************************

To Transmit Your News Over E-Wire, visit http://www.ewire.com or

call 1-[REDACTED-PHONE]. E-Wire Is Broadcast To Millions Of Readers Worldwide

**************************************************************************