NetCo Investments Inc.
OTC Bulletin Board : NIVS

May 25, 2006 12:05 ET

NetCo Investments Inc.: Professor Dr. Calvin Bartholomew Joins Syntec Biofuel's Advsiory Board

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 25, 2006) - NetCo Investments Inc. ("NetCo") (OTCBB:NIVS) is pleased to announce that Dr. Calvin Bartholomew, professor at Brigham Young University in Utah, has accepted an invitation to join the Advisory Board of Syntec Biofuel.

NetCo has recently entered into a definitive agreement to acquire all the Assets (including Patents) of Syntec Biofuel Inc. ("Syntec"). Syntec has patented a proprietary catalyst and production process for the conversion of syngas into ethanol and are perfecting the catalyst for purposes of commercialization.

Mr. Lawrence Wong, President of Syntec, has informed NetCo that Dr. Calvin Bartholomew has agreed to join the Syntec Advisory Board and provide consulting services. Dr. Bartholomew is a Professor of Chemical Engineering, Head of Catalysis Laboratory at Brigham Young University. B.E.S. Chemical Engineering, Brigham Young University, M.S. Chemical Engineering, Stanford, Ph.D. Chemical Engineering, Stanford. Dr. Bartholomew has spent the last 38 years conducting research on heterogeneous catalysis, combustion, catalyst design, reaction kinetics, catalyst deactivation and Fischer-Tropsch synthesis. He is author and co-author of 5 books and 120 peer-reviewed papers with emphasis on catalyst design, syngas production/conversion catalysis, selective catalysis reduction of NOx. Dr. Bartholomew established the BYU Catalysis Laboratory in 1973 and is a member of the American Chemical Society, American Institute of Chemical Engineers, California Catalysis Club, and Rocky Mountain Fuel Society (founder). He has received several research awards and recognitions, including a professorship, and the 1990 Utah award of the American Chemical Society. Dr. Bartholomew was recognized with a Lifetime Achievement Award by his colleagues and former students at a meeting of the American Chemical Society in 2005.

Mr. Lawrence Wong says, "We are privileged to have Dr Bartholomew join our advisory board. His expertise will be extremely valuable during Phase 2 development of our ethanol catalyst and in directing us in into synergistic catalytic applications such as Fischer-Tropsch."

Syntec technology focuses on an entirely different and innovative ethanol production process to the current fermentation process being used in North America by using a Gasification-Catalytic Synthesis, which is a thermo-chemical process that converts syngas into ethanol. Unlike the current fermentation processes, Syntec's catalysts will produce ethanol from unlimited sources of feedstock using waste gas, such as biogas from landfills, sewage, manure, wood waste, and producer gas (thermal gasification of biomass or other carbonaceous material such as municipal solid waste). This process will also create far greater green house gas (GHG) reductions and carbon credits than the fermentation process.

For more information on NetCo, which is a Washington State Company with headquarters in Vancouver, Canada - contact Jeff Eltom at

NetCo trades on the OTC.B.B. under the symbol 'NIVS'.

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