NuTech Solutions to Hold 'Technical Summit' with George Mason University's Krasnow Institute

Summit Coincides with Visit by NuTech Solutions Board Member Lech Walesa

WASHINGTON & CHARLOTTE, N.C. -- June 16, 2003 -- NuTech Solutions, Inc., a premier provider of advanced predictive analytics and profit optimization software products for Global 1000 companies, announced today that its executives and scientists will participate in a technical summit with George Mason University's Krasnow Institute on June 17, 2003. Highlighting the event will be the presence of Lech Walesa, former president of Poland, who is a NuTech Solutions board member.

The Krasnow Institute seeks to expand understanding of mind, brain and intelligence by encouraging research at the intersection of the separate fields of cognitive psychology, neurobiology and the computer-driven study of artificial intelligence and complex adaptive systems. All of these areas of interest come together under the general heading of cognition, the essence of the Institute's mission.

"The Krasnow Institute is a wonderful entity with which to explore the area where cognitive science and software converge," said Matthew Michalewicz, CEO, NuTech Solutions. "Our software has the potential to help further the mission of the Institute, while their study of cognition through artificial intelligence and adaptive systems can help to expand our knowledge base and perhaps lead us to new markets for existing and future software solutions."

The summit falls on the heels of NuTech Solutions' annual board meeting, which takes place in the Washington D.C. area today. Lech Walesa, a member of NuTech Solutions' board will be attending both the board meeting and the technical summit. Since joining NuTech's board, President Walesa has taken a special interest in the application of advanced computational software to the solution of problems faced by governments around the world.

"We at the Krasnow Institute are excited about the technical summit, look forward to a healthy exchange and are honored that NuTech Solutions' board member Lech Walesa will be at the Institute," said Kenneth De Jong, Department of Computer Science, George Mason University.

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, Procter and Gamble, Boeing, Dupont, Safeway, Corning, Polish National Air Force, FujiTec, and Unilever. For more information about NuTech Solutions, visit www.nutechsolutions.com.

About The Krasnow Institute
The Krasnow Institute seeks to expand understanding of mind, brain, and intelligence by encouraging research at the intersection of the separate fields of cognitive psychology, neurobiology, and the computer-driven study of artificial intelligence and complex adaptive systems. These separate disciplines increasingly overlap and promise progressively deeper insight into human thought processes. The Institute also examines how new insights from cognitive science research can be applied for human benefit in the areas of mental health, neurological disease, education, and computer design. For more information about The Krasnow Institute, visit http://www.gmu.edu/departments/krasnow/index.html.

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