WASHINGTON, D.C., Feb. 13, 2004 (PRIMEZONE) -- Nuclear Solutions, Inc., (OTCBB:NSOL) issued the following statement:
It has come to our attention that a news story with the headline "'Do Not E-Mail' Site a Scam, U.S. Officials Say" is ERRONEOUSLY linked to our stock ticker symbol NSOL.
Nuclear Solutions has nothing to do with the web site in question, which is accused of "spamming" e-mail.
"We are in the nuclear technology business, specifically Nanotechnology, Defense, and the Environment. We do not engage in any business activities related to e-mail or spam. We are far too busy developing things like nuclear micro-batteries and methods to detect shielded nuclear materials," said CEO, Patrick Herda.
"The mistake stems from the fact that our ticker symbol (NSOL) is the same one that Network Solutions used years ago. Reuters erroneously issued the news story containing our ticker symbol (NSOL). Internet news providers like Yahoo, AOL and others automatically linked the story to Nuclear Solutions even though our name is not mentioned in the body of the story," he continued.
"It's what I would call an internet bug. Unfortunately, it exposes some of the issues that content providers have yet to deal with. We have contacted Reuters and are working on correcting this issue now and in the future," concluded Herda.
About Nuclear Solutions, Inc.
Nuclear Solutions, Inc. (OTCBB:NSOL) is dedicated to developing proprietary product technologies responding to the needs and opportunities of the 21st century in the areas of:
- Nanotechnology: Development of long-lived nuclear micro-power sources, based on three U.S. Patents, to power applications in the emerging field of Nanotechnology, Micro-Electro-Mechanical Systems, and the new generation of low power microelectronics. - Homeland Security & Defense: Development of new technologies and services to detect shielded nuclear materials and "loose nukes." - Environmental Technology: Development of a process to remediate tritiated water.
Our goal is to provide the underlying technologies that will enable partner companies to offer new and improved products in these areas.
More information about Nuclear Solutions, Inc. may be found on its website: www.nuclearsolutions.com .