Nextech Solutions (NXSL)

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NEWS OUT!!!!

Leading Photovoltaic Company Chooses NexTech FAS Equipment for Development of Solar Powered Devices
Analysts Predict Solar Power Industry to Reach $30 Billion by 2012
Feb 19, 2008 8:00:00 AM
View Additional ProfilesAUSTIN, TX -- (MARKET WIRE) -- 02/19/08 -- NexTech Solutions, Inc. and FAS Holdings Group, LLC, doing business jointly as "NexTech FAS" (PINKSHEETS: NXSL), are pleased to announce that a leading organic photovoltaic (OPV) materials and process development company has ordered an Advantage Extrusion Coating system for integration into a pilot production line. This technology will be used for the development of solar panels in an industry that is predicted to grow to over $30 billion by 2012, according to industry analysts at BCC Research.

NexTech FAS' Advantage Series coating systems, which are typically used in the manufacturing of flat panel displays, have now proven to be capable of very precisely coating complex OPV materials, even at submicron thicknesses. This particular system, which will be installed at the client's U.S.-based facility, will include several custom features to specifically accommodate the client's proprietary process and materials and is designed to work in a fully automated and controlled environment. In addition to this order, NexTech FAS has already received significant interest from other players in the photovoltaic market to implement NexTech FAS' know-how, technology and ability to develop custom solutions for companies in this industry.

"Photovoltaic is an industry our company has been doing significant research in and is part of our near and long term marketing focus. It is the fastest growing renewable energy segment and given the rising cost of fossil fuel and other traditional energy sources, it has seen intensified venture investment over the last couple of years reaching about $2.6 billion in 2007," said president and CEO of NexTech FAS, Tony DiNapoli.

"Our extrusion coating technology has proven to be a great solution for depositing layers of organic photovoltaic materials in a very cost effective manner. Not only is there essentially no material waste, which in some cases is very expensive, but the equipment is also economical when compared to vapor deposition tools and other coating methods. We foresee photovoltaics to be a significant part of our business going forward," continued DiNapoli.

About NFJV, LLC

NFJV, LLC, doing business as "NexTech FAS", is the operating company of NexTech Solutions, Inc. and FAS Holdings Group, LLC. NexTech FAS is a Delaware limited liability company, headquartered in Austin, Texas, with facilities in Dallas and Tokyo. The company is widely recognized in the industry for the development of digital fluid dispensing and a patented extrusion coating (spinless coating) technology known as "FAS-Coat," which has become the de-facto standard in the coating processes used in the manufacture of flat panel displays (FPDs). The company also delivers advanced metrology and automation solutions, and is the first to deliver a turn-key solution for manufacturing lines in both the semiconductor and FPD industries. NexTech FAS' stock is quoted on the Pink Sheets under the symbol NXSL. For more information, visit: http://www.nextechfas.com.

Forward-Looking Statements

This release may include forward-looking statements that involve risks and uncertainties. Any forward-looking statements and all other statements that may be made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Specific risks include delays in new product development, product performance and quality issues and the acceptance of our current and new products by the FPD and semiconductor markets.

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