NexTech Solutions and FAS Technologies Complete Joint Venture and Consolidate Operations Into Delaware Company

AUSTIN, TX, Jan 15 (MARKET WIRE) --
NexTech Solutions, Inc. and FAS Holdings Group, LLC, doing business jointly as
"NexTech FAS" (PINKSHEETS: NXSN), are pleased to announce the completion of a
joint venture which consolidates the assets and operations of the two companies
into
the Delaware limited liability company, NFJV LLC, effective Jan. 1, 2008. The
completion of this joint venture is a major milestone in the merger
transaction between the two companies.

NFJV, LLC, will continue doing business as "NexTech FAS," servicing
customers in
the semiconductor, flat panel display (FPD) and photovoltaic industries.
Through this
joint venture, the company is now positioned as an industry leader not only
providing full production coating and inspection systems, but also offering
an innovative integrated solution combining the patented extrusion coating
technology with
breakthrough automated optical inspection (AOI) technology onto a single
platform.
This patent-pending integrated solution delivers increased throughput,
improvedfootprint, and lowers overall manufacturing costs in the production of
FPDs,
including LCD and OLED displays. The company is already servicing Fortune 500
clients in the FPD and semiconductor markets.

Tony Di Napoli, president and CEO of NexTech FAS, commented, "Completing
this joint
venture is a true milestone for the company and for our shareholders. Our
combined technologies have started to gain recognition within the marketplace
and are
already proving their acceptance with industry giants. This JV will enable us
to expand our global customer base, address large, fast-growing markets and
offer
more productive processing solutions for today and for the next-generation of
products.2008 brings about remarkable opportunities for NexTech FAS,
particularly with the
growth in developing markets such as OLED and solar."

"We believe that this strategic merger will bring great value to our
customers, investors and partners, with a much larger and specialized global
organization. We now have a completed organization that is extremely
talented, with approximately one third of our collective engineering team
holding
PhDs in their fields of expertise. We have also assembled a tremendously
talented Board of Directors. The industries that we serve are growing rapidly
and our opportunities are almost limitless in a variety of end product
fields," stated Ted Snodgrass, vice chairman and co-founder of NexTech FAS.

About NFJV, LLC

NFJV, LLC, doing business as "NexTech FAS," is the operating company of
NexTech
Solutions, Inc. and FAS Holdings Group, LLC. NexTech FAS is a Delaware
limited liability company, headquartered in Austin, Texas, with facilities in
Dallas and Tokyo. The company is widely recognized in the industry for the
development of digital fluid dispensing and a patented extrusion coating
(spinless coating) technology known as "FAS-Coat," which has become the de-facto
standard in the coating processes used in the manufacture of FPDs. The
company also delivers advanced metrology and automation solutions, and is
the first to deliver a turn-key solution for manufacturing lines in both the
semiconductor and FPD industries. NexTech FAS' stock is quoted on the
PinkSheets under the symbol NXSN. For more information, visit:
http://www.nextechfas.com.

Forward-Looking Statements

This release may include forward-looking statements that involve risks and
uncertainties. Any forward-looking statements and all other statements
thatmay be made in this news release that are not historical facts are subject
to a
number of risks and uncertainties, and actual results may differ materially.
Specific risks include delays in new product development, product performance
and
quality issues and the acceptance of our current and new products by the FPD and
semiconductor markets.

Investor and Public Relations Contact:
Mercom Capital Group, LLC
1-512-215-4452
Email Contact

Copyright 2008, Market Wire, All rights reserved.

-0-