Nanopierce Technologies (NPCT)

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Schneider Securities, Inc. Initiates Coverage on NanoPierce Technologies, Inc.


DENVER, Feb 21, 2002 /PRNewswire via COMTEX/ -- Schneider Securities, Inc.
initiated coverage on NanoPierce Technologies Inc. (OTC Bulletin Board: NPCT)
with a speculative/Buy rating.

Information and statements contained herein, other than historical information,
should be considered forward looking, which involve risk and uncertainties.
Schneider Securities Inc., its officers, directors and affiliates may maintain
positions in the securities referenced, which may change at any time without
notice. Schneider Securities, Inc. is a Market Maker in these securities. The
securities referenced are speculative in nature and may not be suitable for your
investment objective. Additional information is available upon request.

Schneider Securities, Inc., is a member of the National Association of
Securities Dealers, CRD number 16434.



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SOURCE Schneider Securities, Inc.



CONTACT: Jim Creamer of Schneider Securities, Inc., [phone]

(NPCT)