Beiersdorf AG Awards Two-Year Predictive Analytics and Optimization Contract to NuTech Solutions

Leading European Supplier of Consumer Personal Care Goods Embraces NuTech Solutions For Adaptive Business Intelligence Technology

CHARLOTTE, N.C. -- March 11, 2003 -- NuTech Solutions, Inc., a leading provider of advanced predictive analytics and profit optimization software products for Global 1000 companies, announced today that its German subsidiary, NuTech Solutions, GmbH., has been awarded a two-year predictive analytics and optimization contract from Beiersdorf AG.

"NuTech Solutions has served Beiersdorf since 1999 as a supplier of predictive analytics and optimization solutions, and we are pleased to extend our relationship with Beiersdorf through the signing of this new contract," said Matthew Michalewicz, CEO, NuTech Solutions. "We look forward to providing Beiersdorf with our leading-edge business intelligence solutions as well as working with them on joint development initiatives."

Beiersdorf was established in Hamburg in 1882 and today is a leading European supplier of branded consumer products for cosmetics and personal care, wound care and adhesive tapes. Beiersdorf markets its products in more than 100 countries around the world, employs over 17,500 people, and achieved sales of more than 4.7 billion euros in fiscal year 2002.

NuTech Solutions specializes in software products and services that enable companies like Beiersdorf to make faster and more profitable decisions. Based on evolutionary processes and other leading edge technologies, the company's applications extract emerging trends and patterns as they occur and then recommend the best possible course of action. With products and services that can make optimal decisions under uncertainty and constant change, as well as "learn" from previous experiences and "adapt" to changes in the marketplace, NuTech Solutions arms its customers with a real competitive advantage.

NuTech Solutions' recently extended its ability to provide adaptive business intelligence solutions to world-class organizations such as Beiersdorf with its acquisition of the software development and consulting operations of BiosGroup, Inc.

About NuTech Solutions, Inc.
NuTech Solutions, Inc. provides predictive analytics and profit optimization software products for Global 1000 companies in the financial services, manufacturing and retail industries as well as for government organizations. Based in Charlotte, N.C. and with offices around the world, NuTech Solutions' products produce measurable increases in financial performance for its users. The company's client roster includes General Motors, Ford Motor Company, Bank of America, Siemens, BB&T, ChevronTexaco, BMW, Beiersdorf, U.S. Department of Defense, Honda, Air Liquide, Southwest Airlines, Proctor and Gamble, Boeing, Dupont, Safeway, Corning, Polish National Air Force, FujiTec, and Unilever. For more information about NuTech Solutions, visit www.nutechsolutions.com.

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