<><><><><><><><><><><><><><><><><><><><><><><><><> NOVEMBER 26, 2001 - THE WALLSTREET UNIVERSE REPORT FEATURED PROFILE OF THE WEEK! <><><><><><><><><><><><><><><><><><><><><><><><><> Dear Investors, We would like to introduce you to New Century Companies, Inc. (OTC BB: NCNY.OB) which is our featured profile this week. New Century is a leading manufacturer of machine tools that produce large diameter (4-14+ ft.) precision machined, metal rings. Upon completion of it's merger with Smith West, Inc., NCNY will be the leading source in the U.S. of large, precision machined rings for the Energy and Aerospace Industries. Recent initiatives with in the Aerospace and energy industries represent almost $1 trillion in new sales, NCNY intends to continue it's strategy of "vertical integration" by acquiring additional high margin, profitable businesses. At Wallstreet Universe, we will be keeping you informed of New Century updates and press releases for the next couple of months. Our last four profiles of: AMSE, CETA, CBBD and EMBI have performed tremendously and we expect the same of New Century! Good Trading - Steven Schwartz and Staff! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ New Century Companies, Inc. (OTC BB: NCNY.OB) Current Price: $0.45 cents per share. Location: 9515 Sorenson Ave. Santa Fe Springs, CA 90670 Phone: (562) 906-8455 Website: http://www.newcenturyinc.com For More Info: http://finance.yahoo.com/q?s=NCNY.OB&d=t ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ +>+>+> ABOUT THE SMITH WEST INC., MERGER: The Company has signed a letter of intent for merger with Smith West, Inc., a rapidly growing manufacturer of large high-precision-machined rings for aircraft and gas turbine production. More about Smith West, Inc.
Smith West Inc. is a privately held leading manufacturer for aircraft jet engines, land base turbines for power generation and machinery for the semi-conductor industry.
Twenty-year-old company headquartered in Tempe, AZ; operating three (3) state-of-the-art facilities: a 38,000 sq ft. plant dedicated to aircraft engine components; a 46,000 sq.ft. Plant dedicated to semi-conductor machinery components; and a new 32,000 sq.ft. facility dedicated to manufacturing turbine components for aircraft engines and power generation plants in Guaymas, Mexico
Leader in providing high precision-machined rings.
Customers include: GE Aircraft and Gas Turbine Divisions, Honeywell and others
Current backlog of $70 - $80 Million ยท Rolls Royce forecasts that the civil aeronautics market will be 465 Billion in sales over the next twenty years.
GE Power System's Division has 40 Billion in backlog of orders for turbines for power generation
NCNY, under its brand name Century Turn, specializes in manufacturing, remanufacturing and retrofitting machine tools,
+>+>+> ABOUT NEW CENTURY COMPANIES, INC.: primarily Vertical Boring Mills and large turning lathes.
Solving the current power crisis by offering remanufactured Vertical Boring Mills, the company saves millions of dollars per year in energy cost by re-utilizing the major casting of each Vertical Boring Mill. These savings (generally 40-60%) allow NCNY to be the most price competitive manufacturer of "VBM's" in the USA.
Delivery times of remanufactured equipment are quarter the industry standard (3 mos. vs. 14 mos.)
Company has completed its $2 million dollar expenditure on product development for it's patent pending "Century Turn" product line.
Founded in 1996, NCNY has been profitable since its inception (excluding non-recurring R&D expense).
CEO David Duquette, brings over 30 years experience in the machine tool business
NCNY has 46 million shares outstanding and 16 million shares in
+>+>+> CAPITAL STRUCTURE AND FINANCIAL HIGHLIGHTS: the float.
Combined companies will have annual revenues approaching $50 million in profitable sales.
Company intends to make NASDAQ application by year end 2001. For the month of July, typically a seasonally slow booking month, sales increased from $521,000 a year prior, to $3.2M for the month.
Company plans to acquire a modern 43,000 sq.ft. state-of-the-art manufacturing facility tripling NCNY's current space.
===================================>> DISCLAIMER
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