New Century Forecast Strong 4th Quarter Sales Tax Incentive seen as Driving Force in $550,000 of New Business SANTA FE SPRINGS, Calif., Oct. 28 /PRNewswire-FirstCall/ -- New Century Companies, Inc. (the "Company") (BULLETIN BOARD: NCNC) today announced it had received additional orders totally $550,000 for Vertical Turning Center. These significant new orders come as a result of companies taking advantage of the special tax breaks available for 2003 and ending December 2004. David Duquette CEO stated, "We have been quoting new business at unprecedented levels for this time of year. In the month of October alone we have sent out over $5,000,000 in quotations which I am confident will generate strong fourth quarter sales." About New Century Companies, Inc. New Century, under its brand name Century Turn, specializes in manufacturing, remanufacturing and retrofitting machine tools, primarily Vertical Boring Mills and large Lathes is assisting in solving the current power crisis. By offering remanufactured Vertical Boring Mills, the Company saves or conserves millions of dollars per year in energy costs by re-utilizing the major castings of each Vertical Boring Mill. These savings, generally in the range of 40% to 60%, allow New Century to be the most price competitive manufacturer of Vertical Boring Mills in the U.S. These cost savings are passed on to New Century customers and afford them the opportunity to manufacture rotating turbine components for power generation at better costs. New Century machines are also use by manufacturers of jet engine components, airplane landing gear parts, oil and gas components, to name a few. New Century currently manufactures its machines in state-of-the-art facilities in Santa Fe Springs, CA. New Century maintains a website at http://www.newcentury.com/ . Except for historical information, this press release contains forward-looking statements, which reflect the Company's current expectation regarding future events. These forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from those statements. Those risks and uncertainties include, but are not limited to, changing market conditions, and other risks detailed from time-to-time in the Company's ongoing quarterly filings, annual information form, and annual reports. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events in this press release might not occur. DATASOURCE: New Century Companies, Inc. CONTACT: Jens Dalsgaard of Redwood Consultants, +1-415-884-0348, for New Century Companies, Inc. Web site: http://www.newcentury.com/

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