Xtreme Companies Inc. names finance industry veteran Richard Scoble treasurer and CFO

LAS VEGAS, March 19, 2003 — Xtreme Companies Inc., a municipal solid waste reduction solution provider, announced the appointment of finance industry veteran Richard Scoble, as treasurer and chief financial officer.

In his new position, Scoble will be responsible for developing strategic financial policies and structured loan programs for the company’s projects. He will also assist in the acquisition, development and finance of energy-related issues along with enhancing the company’s management team with scientists, executives, operators and contractors with years of industry expertise.

He brings to Xtreme Companies Inc. a strategic combination of project construction and finance experience.

In 2001, Scoble co-founded Independent Power Finance Corp., a wholly owned subsidiary of Telesis Energy Group, and has served as president and director since its inception.

Independent Power Finance Corp.’s key construction specialties include production home development, contract mining, and general engineering (roads, bridges, refineries, power plants, geothermal, solar and mechanical). An international firm, his company has been selected for projects in Costa Rica, Indonesia and Liberia. It also is active in the Western United States completing strategic projects in Utah, Nevada, California and Washington.

Prior to co-founding his own firm, Scoble served in various financial capacities for First Alliance Mortgage Co. His duties included loan underwriting, loan officer development and product training. Additionally, his office originated, appraised, underwrote, packaged and placed home mortgages. He has also served as director, chairman and chief executive officer for DB Financial Group, a mortgage-banking firm with offices in Utah, Nevada and California.

About Xtreme Companies Inc.

Xtreme Companies Inc., through its wholly owned subsidiary Waste Renewal Systems Inc., holds a patented technology to help solve the global municipal solid waste crisis by converting it into a non-toxic by-product and natural gas to both run the system and provide for resale. Its other wholly owned subsidiary, Nuclear Reduction Systems Inc., is developing a technology to remove low-grade nuclear and medical waste.


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