NW Tech Capital Inc.

NW Tech Capital Inc.

March 15, 2011 15:45 ET

Bermal Contracting (NWTT) Explores Calgary Expansion Opportunities

HENDERSON, NEVADA--(Marketwire - March 15, 2011) - NW Tech Capital Inc. (PINK SHEETS:NWTT) (www.nwtechcapital.com) subsidiary Bermal Contracting Ltd. continues to seek new markets for its unique, high quality stone and has several promising leads in Calgary, Alberta.

Alberta's oil industry has turned Calgary into a boomtown in recent years, and the province's largest city presents a variety of opportunities that Bermal could be a part of.

Housing starts increased by 46.6% to 9,262 units in 2010, according to Calgary Economic Development. The value of building permits last year was $2.92 billion, and there were 22 projects valued at more than $10 million. The estimated construction value of building permit applications for December was $241 million.

There are almost 200 major development projects in Calgary valued at $5 million or more (including nine worth more than $1 billion) that are planned, currently under construction or recently completed.

The company intends to explore the opportunities for expansion into this booming market and market its high quality product. Bermal is located near Kaslo, B.C. and excavates high quality stone used for landscaping, including rock walls, fireplaces, ponds, patios, house exteriors, fire pits, flower beds, stairs and walkways.

More updates will follow on a timely basis once new agreements are finalized.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of NW Tech Capital Inc., that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. NW Tech Capital Inc. cautions you that any forward-looking information provided by or on behalf of NW Tech Capital Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. NW Tech Capital Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond NW Tech Capital Inc.'s control. In addition to those discussed in NW Tech Capital Inc.'s press releases, public filings, and statements by NW Tech Capital Inc.'s management, including, but not limited to, NW Tech Capital Inc.'s estimate of the sufficiency of its existing capital resources, NW Tech Capital Inc.'s ability to raise additional capital to fund future operations, NW Tech Capital Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match NW Tech Capital Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. NW Tech Capital Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

Contact Information