NuTech Solutions Names Kevin Kostuik Director of Strategic Accounts

Advanced Analytics Executive is Tapped to Deliver Business Value for Major Accounts

CHARLOTTE, N.C. -- May 7, 2003 -- NuTech Solutions, Inc., a premier provider of advanced predictive analytics and profit optimization software products for Global 1000 companies, announced today that it has named Kevin Kostuik as Director of Strategic Accounts

Kostuik will be responsible for serving NuTech Solutions' key accounts and will also lead initiatives to establish channel partnerships and market early-stage products.

Kostuik joins NuTech Solutions from BiosGroup, Inc. and brings with him broad experience in advanced analytics for business problems. As Manager of Strategic Accounts at BiosGroup, a leader in applying complexity science to business problems, Kostuik was responsible for a number of the company's most prominent Fortune 500 accounts. He led BiosGroup's sales and marketing efforts in the energy sector and played a key role in taking BiosGroup's project portfolio management offering to market. Kostuik's industry experience includes energy, industrial gases, automotive, pharmaceuticals and technology. In February, 2003, NuTech Solutions acquired the software development and consulting operations of BiosGroup.

"Kevin has a unique and powerful background in predictive analytics, modeling, and optimization solutions," said Matthew Michalewicz, Chief Executive Officer of NuTech Solutions. "From delivering projects through to managing multi-million dollar Fortune 500 accounts, he has been a leader in creating business value with leading-edge technologies. We're excited that Kevin will be in a position to maximize the value that NuTech Solutions delivers for its clients."

With degrees in Engineering Physics and Computer Science, Kostuik joined BiosGroup as a scientist focused on analyzing and improving supply chain flow in the consumer products industry. His academic background includes research in subatomic physics and adaptive, market-based control systems. Kostuik's background has enabled him to collaborate with Fortune 500 executives to capitalize on the business opportunities created by adaptive systems technology.

"I'm eager to take the next step in applying adaptive systems technology to business," said Kevin Kostuik. "We perfected the science, proved that it adds breakthrough value, and built the technology to deliver it. Adaptive business intelligence is now real and accessible. I believe that the early adopters and flat-out pragmatists who adopt our technology over the coming years will secure a huge competitive advantage and I'm looking forward to helping those leaders surge ahead, while NuTech Solutions itself grows and makes strides towards becoming a prominent industry leader."

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 governmental departments and agencies. Based in Charlotte, N.C. and with offices around the world, NuTech Solutions' products produce measurable increases in revenue and reductions in cost. 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.

Forward-looking (safe harbor) statement

				Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing
				words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are
				forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could
				differ materially from the expectations expressed in these forward-looking statements.

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