ascendiant."





New Century Companies, Inc. These products generally
cost 40% to 60% less to make than new ones.

Fandango Names Ted Hong VP Marketing

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About New Century Companies

New Century Companies, Inc. New Century manufactures its machine tools and
Quilite modules in Santa Fe Springs, Calif.newcenturyinc. More
information is available at www.com, the Web's largest movie site."

About Fandango
Fandango, the nation's largest movie ticketing service, sells tickets to
more than 13,600 screens and 1,150 theaters (nearly 70 percent of theaters in
the U.fandango.

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S.

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We believe New Century has
the infrastructure in place for continued profitability in its core
business along with the opportunity to access new revenues streams and
markets through its affiliation with Quilite International.

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New Century passes these
savings on to its customers, which include such leading manufacturers as
General Electric Co. Visit New Century's Web site at
http://www. 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. In light of these
risks , uncertainties and assumptions, the forward-looking events in this
press release might not occur .

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To be added to New Century's investor e-mail lists, please contact Haris
Tajyar at htajyar@irintl .

This announcement is for information purposes only and is not an offer or
solicitation to buy or sell securities. enabled for remote ticketing.
Hong will lead Fandango's marketing, public relations, and product
development efforts, bringing with him nearly fifteen years of business
experience in marketing, strategy and general management, from small start-ups
to global brand name companies .fandango.

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(OTC BB: NCNC),
a leading manufacturer and re-manufacturer of machine tools, today
announced its Board of Directors has decided to explore strategic
alternatives to enhance shareholder value .
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 services include equity private placements of preferred and
common stock, senior and subordinated debt financing , working capital
facilities, and bridge financing. We undertake no obligation to
publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. He received his MBA from the Kellogg
School of Management at Northwestern University and a BA in Political Economy
from UC Berkeley.

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Prior to Fandango, Hong was a head of marketing for dotTV, a Web identity
services provider, leading marketing efforts for the international and
wholesale divisions of the company (which was acquired by Verisign in 2003).

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com

About Ascendiant Securities LLC

Ascendiant Securities LLC is a nationally ranked investment banking firm,
registered as a broker-dealer with the Securities and Exchange Commission
(SEC), and a member of the NASD and SIPC. Ascendiant provides investment
banking and corporate finance services to its emerging public and private
clients.com,
1-800-FANDANGO and via your wireless mobile device at mobile.com.

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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.

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PRESS RELEASE New Century Companies Inc. Engages Ascendiant Securities to Explore Strategic Alternatives

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It also assembles sound-wall modules made
from Quilite, a lightweight, graffiti-resistant alternative to concrete. Industry Veteran Will Oversee Marketing , Public Relations and Product
Development Initiatives for the Nation's Largest Movie Ticketing Service

LOS ANGELES, Fandango, the nation's largest
online, phone and mobile movie ticketing service, has promoted Ted Hong to the
position of vice president of marketing and product development , it was
announced today.S. enabled for remote ticketing) and to four out of the five largest
U . theater circuits (according to National Association of Theater Owners,
June 2005).

This category is for sites focusing on the architecture of a particular type of building or a significant example of the type.

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-based
makers of machine tools, primarily vertical boring mills and large lathes
such as vertical turning centers. Quilite is used not only in freeway noise walls but in other
sound-absorbing structures, including barriers at sports stadiums and
electric transformers.
Hong was instrumental in launching the nationally-recognized and iconic
Fandango Bag Puppet advertising campaign.S.

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These forward-looking
statements involve risks and uncertainties, which may cause actual results
to differ materially from those statements.

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As part of this decision, it
has engaged Ascendiant Securities LLC (www. "With Ascendiant's support and our improving financial
and operational improvements, we believe this is an appropriate time to
expand our horizons in hopes of continuing to enhance shareholder value
through potential strategic alternatives. In 2005, Ascendiant was ranked among the
ten most active placement agents in the United States for PIPE (private
investments in public equities ) financing transactions as reported by
Sagient Research Systems, a leading industry tracking organization . Fandango's current
distribution partners include Tribune Media Services, Sprint, TiVo Inc. He joined Fandango in 2003 as director of
marketing, overseeing the company's brand strategy, marketing planning and
execution, co-marketing, offline and online advertising, market research and
new business evaluation. One of the Web's top movie destinations (according to
Nielsen//NetRatings) , Fandango allows moviegoers to read reviews, view
trailers, quickly select a film, plan where and when to see it, and buy
tickets up to 45 days in advance.

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David Duquette, New Century's Chief Executive Officer, expressed his
pleasure in working with a knowledgeable and experienced corporate finance
firm that has a proven history of supporting the expansion of emerging
growth companies ., General Dynamics Corp.
"We are pleased to promote Ted to VP of Marketing," said Fandango
President and CEO Art Levitt.

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and
IMDb.
Hong previously spent several years at Nestle USA in brand management for the
Chocolate and Confections division on the Butterfinger brand and the Halloween
and Valentine 's Day seasonal businesses. "He has been invaluable to our growth and has
helped make the brand name Fandango synonymous with the way that people go to
the movies.

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"

Brad Wilhite, Co-Founder and Managing Director of Ascendiant Securities,
stated, "David Duquette and his team have done a remarkable job over the
past few years in diversifying New Century's customer base in sectors that
are presently enjoying robust growth: oil and gas, mining, construction,
aircraft/aerospace, and defense, to name a few.S.

Forward-looking statement: Except for historical information, this press
release contains forward-looking statements, which reflect the Company's
current expectation regarding future events.

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com), a nationally
ranked investment banking firm and registered broker-dealer, to support its
decision. (OTC BB: NCNC) is one of the leading U.com.

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com.ascendiant. The company serves as the exclusive movie ticketing
service to more than 13,600 screens and 1,150 theaters, nearly 70 percent of
theaters in the U. Fandango is available at http://www.

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Fandango theater partners include the nation's leading exhibitors: Carmike
Cinemas, Century Theatres, Cinemark Theatres, Edwards Theatres , Loews Cineplex
Entertainment, Regal Cinemas and United Artists Theatres, as well as American
Cinematheque , Brenden Theatres, CineArts Theatres, Cineplex Odeon Cinemas,
Cobb Theatres, Colorado Cinemas, Crown Theatres, Flagship Theatres, Kerasotes
Theatres, Magic Johnson, Majestic Crest Theatre, R/C Theatres , Signature
Theatres, Star Theatres, Wallace Theaters and Wehrenberg Theatres.

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New Century Companies , Inc.
Fandango has seen tremendous growth, with a 29 percent year-over-year
increase in site traffic, according to Nielsen//NetRatings (February
2005 - February 2006).

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, Siemens AG and Gardner
Denver. As a result, the Fandango brand
name has become a pop culture reference point, with recognition on everything
from the MTV Movie Awards to "Saturday Night Live" to the TV game show
"Jeopardy !".

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