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NuTech Solutions Receives Infusion of Working Capital

Investment Brings NuTech Solutions' Total Funding to More Than $14 Million

CHARLOTTE, N.C. -- May 13, 2003 -- NuTech Solutions, Inc., a leading provider of advanced predictive analytics and profit optimization software products for Global 1000 companies, announced today that it has received an infusion of more than $2 million dollars, primarily from the company's existing private investors.

The round brings NuTech Solutions' total funding to more than $14 million since its inception in 1999.

"I am very pleased with the progress that the company has made during the last twelve months," said Lech Walesa, Former President of Poland, who also serves on the Board of Directors of NuTech Solutions. "During that time the company has significantly broadened its product portfolio and grown its business by winning key product licensing deals with General Motors, ChevronTexaco, Bank of America and BB&T."

According to Bill Gaither, former Chairman and Chief Executive Officer of Heafner Tire, "Based on the company's performance and success to date, the major investors in NuTech Solutions' have great confidence in the company's strategy and business plan." Gaither is one of NuTech Solutions' largest investors and also serves on the company's Board of Directors.

NuTech Solutions plans to use these additional funds to continue to grow its business, and to leverage the revenue opportunities created by its recent acquisition of the software development operations of privately-held 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, Wells Fargo, and Unilever. For more information about NuTech Solutions, visit www.nutechsolutions.com.

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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