SOURCE: Nexiasoft, Inc.

September 25, 2006 08:30 ET

NexiaSoft, Inc. Appoints Kevin Owens as Chief Executive Officer

SAN FRANCISCO, CA -- (MARKET WIRE) -- September 25, 2006 -- NexiaSoft, Inc. (PINKSHEETS: NXSF), a holding company which invests in convergent e-commerce technology companies, announced that it recently appointed Kevin Owens as Chief Executive Officer of the Company. As NexiaSoft's CEO, Mr. Owens assumes the primary responsibility of generating equity growth through targeted sales and marketing execution.

Mr. Owens brings 10 years of experience in technology marketing and operations management. Prior to his appointment as NexiaSoft's CEO, Mr. Owens served as Chief Executive Officer and General Partner of the venture capital firm MCC:O2 Incorporated, a subsidiary of the global private equity company Moore, Clayton & Co. Inc.

During his tenure at MCC:O2 Inc., Mr. Owens developed innovative strategies to leverage acquisition operations to drive market and equity growth. Prior to joining MCC:O2 Incorporated, Mr. Owens held a variety of marketing and operational executive positions with companies such as Entex Information Systems (acquired by Siemens), and Cisco Capital, a branch of Cisco Systems Incorporated focused on the venture capital community.

About NexiaSoft:

NexiaSoft recently commenced trading on the Over-The-Counter Pink Sheets market under the symbol (PINKSHEETS: NXSF) and is a holding company which invests in convergent e-commerce technology companies. Companies with disruptive technology in the area of wireless, open-source, and security are particularly of interest. Through targeted investments in such companies, NexiaSoft is able to provide a compounding effect to the overall value of their portfolio.

For more information, visit NexiaSoft's website at:

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.

All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

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