Frank Abagnale, Leading Fraud Detection Expert and Author of "Catch Me If You Can," Joins NuTech Solutions as Board Advisor

CHARLOTTE, N.C. -- July 15, 2003 -- NuTech Solutions, Inc., a premier provider of advanced predictive analytics and profit optimization software products for Global 1000 companies, announced today that Frank Abagnale, world-renowned authority on the subjects of forgery, embezzlement and secure documents, has joined the company as Board Advisor on Fraud Detection.

Frank Abagnale has developed new procedures and created manuals and educational programs utilized by over 14,000 financial institutions, law enforcement agencies and corporations around the world today. Abagnale has been associated with the FBI for over 25 years and lectures extensively at the Academy and for FBI field offices. He also designed the IPS (Integrated Payment System) Official Check, which thousands of financial institutions issue in place of cashier's checks more than 300 million times each year. Abagnale also designed and developed SAFEchecks and Check Plus programs that provide small and medium size businesses with an inexpensive, secure check.

Recently, Abagnale was the subject of the blockbuster movie "Catch Me If You Can," which starred Tom Hanks and Leonardo DiCaprio and was based on his book of the same title. Abagnale is also the author of "The Art of the Steal."

"In a world where criminals and terrorists use increasingly sophisticated methods to steal and launder significant amounts of money, today's fraud detection solutions must be equally inventive," said Matthew Michalewicz, Chief Executive Officer of NuTech Solutions. "The Board of Directors of NuTech Solutions is delighted that it will be able to draw upon the expert advice and guidance of Frank Abagnale in bringing our adaptive fraud detection software products to the marketplace."

"I believe that NuTech Solutions offers the next generation of fraud detection technology to help corporate America mitigate both traditional and emerging fraud risks," said Frank Abagnale. "The sophisticated criminals of today have met their match in the intelligence of NuTech Solutions."

In addition to numerous Fortune 500 clients such as General Motors, Bank of America, Ford Motor Company and ChevronTexaco, NuTech Solutions' software is deployed at the U.S. Department of Defense, the U.S. Navy and the Polish National Air Force. The company holds more than 40 patents and patent applications, and boasts a scientific staff that includes more than 30 PhD's.

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, Wells Fargo, and Unilever. For more information about NuTech Solutions, visit www.nutechsolutions.com.

NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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