TreeCon Resources, Inc. to Deregister Its Common Stock With the Securities and Exchange Commission LUFKIN, Texas, July 30 /PRNewswire-FirstCall/ -- TreeCon Resources, Inc. (OTC Pink Sheets: TCRS) today announced that it anticipates meeting with representatives of Wayne Creasy to discuss a possible investment in the Company or other transaction. In the event the discussions do not result in an agreement by August 10, 2004 the Board of Directors has approved the deregistration of its Common Stock under the Securities Exchange Act of 1934. The deregistration will be affected by the filing of a Form 15 with the Securities and Exchange Commission on or about August 13, 2004. Mike Boatman, President and CEO of Treecon, commented that the significant and increasing administrative burdens and expense of remaining a public company, particularly in light of the rules and regulations promulgated under the Sarbanes-Oxley Act of 2002 make remaining a reporting company uneconomical under the current circumstances. Upon filing of a Form 15, the Company's obligation to file with the SEC certain reports and forms, including Forms 10-K, 10-Q and 8-K, will immediately be suspended. If the Form 15 is filed the Company anticipates that its common stock will be quoted over-the-counter in the Pink Sheets following the Form 15 filing to the extent market makers commit to make a market in its shares, although the Company can provide no assurance that trading in the stock will continue. Certain of the statements contained in this report (other than the financial statements and other statements of historical fact) are forward- looking statements. Words such as "expects" and "believes" and "anticipates" indicate the presence of forward-looking statements. There can be no assurance that future developments will be in accordance with management's expectations or that the effect of future developments on us will be those anticipated by management. Among the factors that could cause actual results to differ materially from estimates reflected in such forward-looking statements are competitive pressures on sales and pricing, including those from other wholesale distributors and those retailers in competition with our customers; and uncertainties associated with our national sales initiative. See the Company's most recent Form 10-Q for additional such factors. DATASOURCE: TreeCon Resources, Inc. CONTACT: Mike Boatman or Deborah Huffman, both of TreeCon Resources, Inc., +1-936-634-3365

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