New Century Companies, Inc. Retains Alliance Advisors to Initiate a Proactive Investor Relations Program

Market Wire, May, 2007

New Century Companies, Inc. (OTCBB: NCNC), a leading manufacturer and re-manufacturer of machine tools, today announced that it has retained Alliance Advisors, LLC to initiate a proactive and targeted investor relations campaign. Alan Sheinwald, President of Alliance Advisors, and his experienced team will be counseling New Century Companies, Inc. ("New Century") in all facets of a strategic investor communications plan.

The customized investor relation plan will include the proper positioning of New Century's corporate message, development of all investor related materials, such as press releases, corporate profiles and presentation materials, as well as building long-term investor relationships with key members of the professional investment community. Alliance Advisors will also provide New Century with a premier information resource to institutional investors, hedge funds, independent portfolio managers, buy-side and sell-side analysts, small to large retail brokerage firms and accredited individual investors.

David Duquette, President and CEO of New Century, commented, "After careful review, we selected Alliance Advisors to ensure that the investment community is kept informed of our growth and development plans, as we further expand our market using our years experience to exploit new market verticals. The team at Alliance Advisors is well-respected and has a proven track record of working with key institutional investors. We are confident that Alliance Advisors will further assist us in communicating our story and increase our level of awareness in the investment community."

About New Century Co.

New Century Companies, Inc. is one of the leading U.S.-based makers of machine tools, primarily vertical boring mills and large lathes such as vertical turning centers (VTCs). It specializes in re-manufacturing, starting with existing major castings and fitting them with state-of-the-art, computer-controlled equipment. These products generally cost 40% to 60% less to make than new ones. New Century passes these savings on to its customers, which include such leading manufacturers as General Electric Co., General Dynamics Corp., Siemens AG and Gardner Denver. 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. New Century's production facility is in Santa Fe Springs, CA.

Visit New Century's Web site at www.newcenturyinc.com .

About Alliance Advisors

Alliance Advisors, LLC, an affiliate of Hayden Communications, Inc., assists public companies with market valuations initially under $100 million by developing and executing investor communications programs dedicated to interfacing with critical corporate investors in a timely and accurate manner. Clients receive the treatment of a larger organization, while Alliance provides the guidance and preparation for exposure required of an emerging public company. As Alliance clients achieve operational consistency, their investor relation campaigns are transitioned to the reach of the broader national institutional investment community.

This release contains forward-looking statements which involve known and unknown risks, delays, uncertainties and other factors not under the Company's control, which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include results of current or pending research and development activities, actions by the FDA and other regulatory authorities, and those factors detailed in the Company's filings with the Securities and Exchange Commission such as 10K, 10Q and 8K reports.

Contact: Alliance Advisors, LLC Mark McPartland (910) 221-1827 markmcp@allianceadvisors.net