SOURCE: New Century Companies, Inc.

January 30, 2006 06:30 ET

New Century Cos. Quilite Product Profiled to Middle Eastern Investors by Arabian Access

LOS ANGELES, CA -- (MARKET WIRE) -- January 30, 2006 -- New Century Companies, Inc. (OTC BB: NCNC), a leading manufacturer and re-manufacturer of machine tools, today announced that its Quilite sound walls product line has been showcased as a featured product by Arabian Access to its audience of elite Middle East investors and institutions.

Quilite block modules, a polycarbonate material that is much lighter and cheaper than concrete, is used in a number of different applications, including freeway noise walls, as sound barriers around other noise sources (like sports stadiums and transformers) and as highway visibility barriers between oncoming traffic. New Century Companies, Inc. is actively seeking Middle East distributors and investors for its Quilite product line via its relationship with Arabian Access.

The opportunities for Quilite in the Middle East are tremendous. Countries in the Middle East are experiencing unprecedented construction growth in the form of building, highway and infrastructure projects. Cement prices in some countries have leapt over 200% over the last several years due to an upsurge in demand and a shortfall in supply. Quilite block walls require much less work to assemble and typically are 10 to 25% less expensive then similar concrete products in the U.S. Quilite is rapidly becoming one of the most widely adopted solutions as a building-block material for highway sound walls in the U.S. -- the same product applications make Quilite a great fit in the Middle East. Additionally, the product's hard coat finish makes it an ideal product for high barrier walls in the Middle East (as well as other parts of the world) where blowing sand causes safety issues and auto damage.

About New Century Companies

New Century Companies, Inc. (OTC BB: NCNC) is one of the leading U.S.-based makers of machine tools, primarily vertical boring mills and large lathes such as vertical turning centers. It also assembles sound-wall modules made from Quilite®, a lightweight, graffiti-resistant alternative to concrete. In its machine-tool business, the Company specializes in re-manufacturing, starting with existing major castings and fitting them with state-of-the-art, computer-controlled equipment. These products generally cost 40% to 60% less to make than new ones. New Century passes these savings on to its customers, which include such leading manufacturers as General Electric Co., General Dynamics Corp., Siemens AG and Gardner Denver. New Century machines are used to manufacture jet-engine components, airplane landing gear parts, power generation equipment, oil and gas production components and construction materials, to name just a few applications. Quilite is used not only in freeway noise walls but in other sound-absorbing structures, including barriers at sports stadiums and electric transformers. New Century manufactures its machine tools and Quilite modules in Santa Fe Springs, Calif. Visit New Century's Web site at http://www.newcenturyinc.com.

About Arabian Access

Arabian Access specializes in investor relations and financial communications to a new world of elite Middle Eastern investors and institutions by creating awareness and market visibility with potential investors of publicly-traded U.S. growth companies with innovative products and exciting futures. Arabian Access creates a unique gateway towards enhancing shareholder awareness to an area of the world with unparalleled wealth by bridging the gap between companies in the West and the vast pools of untapped liquidity in the Middle East. Companies who use Arabian Access's services do so to see their stock trading volumes increase, or to be introduced to Middle Eastern resources that are capable of doing private equity placements, distributorships, or other investment alternatives. Arabian Access is located in New Canaan, CT. Visit Arabian Access's web site at (www.arabianaccess.com).

Contact Information

  • David Duquette
    New Century Companies, Inc
    (562) 906-8455