Nanopierce, Korrektur beendet

NanoPierce Technologies Inc., retains full ownership of its intellectual property, and will contribute no cash to the joint venture. All improvements based upon the Company's intellectual property, developed by the joint venture, will belong exclusively to the Company. All new intellectual property, not based on the Company's intellectual property, will belong to the joint venture.

Paul Metzinger said: "Confronted with the most challenging market and industry conditions in decades, the Company has been forced to seek creative solutions to continue operations until conditions change and further financing is obtained. Without alternative financing arrangements, such as this new joint venture, we would not be able to sustain the Colorado Springs subsidiary or Dr. Neuhaus' team."

Mr. Metzinger continued: "Through Scimaxx Solutions, the marketing of the Company's intellectual property continues without the need to provide any further financing. This move renews the technology while enhancing the survival of a much leaner NanoPierce Technologies, Inc."

Dr. Neuhaus said: "This joint venture provides a compelling opportunity to NanoPierce's shareholders and to the Scimaxx team. Without this new approach, we would have to face even greater cutbacks in our marketing and development efforts. That would simply be unacceptable, both for my team and for the shareholders. We are fiercely committed to the NanoPierce vision, and this joint venture allows my team to continue what it has begun at NanoPierce Connection Systems, Inc."

Scimaxx Solutions, LLC, will pursue three tightly coupled strategic thrusts: (1) marketing of NanoPierce technology and intellectual property, (2) development of turn-key manufacturing solutions through the customization of the NanoPierce IP and other non-proprietary technologies, and finally (3) providing pilot and medium-scale manufacturing services.

Dr. Neuhaus continued, "The Scimaxx Solutions strategy is based on leveraging the investments made at Colorado Springs and the team's expertise together with a pragmatic recognition of where we can add value."

About NanoPierce Technologies, Inc.

NanoPierce Technologies, Inc., of Denver Colorado, USA, is traded on the Nasdaq syock market (OTCBB:NPCT - News) as well as on the Frankfurt and Hamburg exchanges (OTC:NPI - News). In addition to the 12 patents it owns, NanoPierce Technologies has numerous applications pending, others in preparation, and various intellectual properties related to NanoPierce Technologies' NCS(TM) (NanoPierce Connection System). This advanced system is designed to provide significant improvement over conventional electrical and mechanical interconnection methods for high-density cucuit boards, components, sockets, connectors, semiconductor packaging and electronic systems. For more information on Nanopierce Technologies, Inc., please visit its website: www.nanopierce.com.

Scimaxx, LLC, of Colorado Springs, Colorado, USA, is owned by former employees of NanoPierce Connection Systmes, Inc. The purpose of Scimaxx is to make the electronics packaging and electrical interconnect expertise of its owners available to the electronics industry.

This announcent contains forward-looking statements about NanoPierce Technologies, Inc., that may involve risks and uncertainties. Important factors relating to the Company's operations could cause results to differ materially from those in forward-looking statements and further detailed in filings with the Securities and Exchange Commission available at the SEC website (www.sec.gov). Alll forward-looking statements are based on information available to NanoPierce Technologies, Inc. on the date hereof and NanoPierce Technologies, Inc., assumes no obligation to update such statements.