Treecon Resources Releases Third Quarter Financial Information.

LUFKIN, Texas, Nov. 14  /PRNewswire-FirstCall/ -- Treecon Resources, Inc. (OTC Pink Sheets: TCRS) (the "Company") is making available certain financial information regarding the Company's financial performance. The financial information covering the nine months ended June 30, 2005 that is contained in this release is unaudited and has not been reviewed by the Company's auditors. The Company expects to release audited results for the fiscal by the end of December 2005.

For the nine months ended June 30, 2005 the Company had gross revenues of $38,813,000 as compared to revenues of $32,993,000 for the nine months ended June 30, 2004. Net income was $2,082,000 or $0.11 per share for the nine months ended June 30, 2005 as compared to net income of $528,000 or $0.03 per share for the nine months ended June 30, 2004.

   TREECON RESOURCES, INC.
   CONSOLIDATION 6-30-05

                                UNAUDITED
  ASSETS
  CASH                                                           $2,175,320
  TRADE A/R                                                       2,175,300
  CURRENT PORTION OF SALES CONTRACTS                              2,222,972
  NOTES RECEIVABLE - CURRENT                                      5,169,367
  RELATED PARTY RECEIVABLES                                          72,698
  INVENTORIES                                                    10,665,768
  PREPAIDS & OTHER                                                  233,635
  DEFERRED TAXES CURRENT                                            971,941
          TOTAL CURRENT ASSETS                                   23,687,001

  LAND                                                              669,566
  BUILDING AND IMPROVEMENTS                                       5,494,905
  MACHINERY, EQUIPMENT AND OTHER                                  2,113,465
                                                                  8,277,936
  ACCUMULATED DEPRECIATION                                       (4,004,546)
          TOTAL PP&E                                              4,273,390

  SALES CONTRACTS - NONCURRENT                                      332,168

  INVESTMENT IN REAL ESTATE                                       5,101,659
  OTHER ASSETS                                                    1,030,259

  RESTRICTED CASH                                                   552,262

          TOTAL OTHER ASSETS                                      7,016,348

          TOTAL ASSETS                                          $34,976,739

  LIABILITIES & EQUITY
  NOTES PAYABLE                                                         ---
  NOTE PAYABLE TO RELATED PARTY                                ($20,325,198)
  ACCOUNTS PAYABLE                                               (2,110,217)
  NOTES PAYABLE DUE IN A YEAR                                    (2,536,823)
  ACCRUED EXPENSES                                               (1,419,537)
  INCOME TAXES PAYABLE                                               12,850
  CURRENT MATURITIES OF LT DEBT                                    (112,794)

          TOTAL CURRENT LIABILITIES                             (26,491,719)

  LONG TERM DEBT, NET                                            (4,051,895)
  Deferred Fed Inc Tax Noncurrent                                  (971,943)
  RESERVE FOR CREDIT GUARANTEES                                    (552,262)

          TOTAL LIABILITIES                                     (32,067,819)


  COMMON STOCK                                                     (186,155)
  PAID IN CAPITAL                                               (28,156,204)
  NOTES RECEIVABLE                                                  404,133
  DIVIDENDS PAID                                                        ---
  RETAINED EARNINGS                                              27,111,261

  NET (INCOME) LOSS                                              (2,081,955)

          TOTAL EQUITY                                           (2,908,920)

          TOTAL LIABILITIES AND EQUITY                         ($34,976,739)



   TREECON RESOURCES, INC.
   9 MONTHS ENDING 6/30/05

                                UNAUDITED

  GROSS REVENUES                                               ($38,812,959)

  COST OF GOODS SOLD                                             31,885,349

  GROSS PROFIT                                                   (6,927,610)

  TOTAL SG&A                                                      4,697,097

  OPERATING INCOME                                               (2,230,513)

  INTEREST EXPENSE                                                  871,223
  INTEREST INCOME                                                  (363,875)
  OTHER INCOME                                                      (71,162)
  GAIN ON SALE OF ASSET                                            (287,628)
          TOTAL OTHER                                               148,558

  BEFORE TAXES AND DISCONTINUED OPS                              (2,081,955)

  FIT                                                                   ---

          NET (INCOME) LOSS                                     ($2,081,955)




This release contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and intended to enjoy the protection of the safe harbor for forward-looking statements provided by that Act. These forward-looking statements are subject to risks, uncertainties and other factors, including, the cost of goods, competitive pressures, inflation, consumer spending patterns and debt levels, trade restrictions, changes in tariff and freight rates, weather conditions, changes in gasoline, diesel fuel and other energy costs, labor costs, health care costs and accident costs, interest rate fluctuations and other capital market conditions and other risks. We urge you to consider all of these risks, uncertainties and other factors carefully in evaluating the forward-looking statements contained in this release. As a result of these matters, including changes in facts, assumptions not being realized or other circumstances, our actual results may differ materially from historical results or from anticipated results implied in the forward-looking statements contained in this release. These forward-looking statements are made only as of the date of this report and we undertake no obligation to update the forward-looking statements to reflect subsequent events or circumstances. 

DATASOURCE: Treecon Resources, Inc.



CONTACT:  Mike Boatman of Treecon Resources, Inc., [phone]

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