December 29, 2008 09:45 ET

NW Tech Capital, Inc. Announced Today It Has Elected a New President for Microholdings US

VANCOUVER, WA and PORTLAND, OR--(Marketwire - December 29, 2008) - NW Tech Capital, Inc. (OTCBB: NWTT) has announced today that it has elected Jason Neiberger as President for its subsidiary Microholdings US (PINKSHEETS: MCHU). This appointment will be effective as of January 1, 2009. Mr. Neiberger brings over 12 years of experience in the technology sector to NW Tech Capital, Inc.

Mr. Neiberger has over 6 years experience in Public Company Corporate Management and is experienced in working closely with legal, accounting and auditors to maintain the proper records for SEC quarterly & year-end filings.

Mr. Neiberger also has over 5 years experience in Consulting with "Green Energy Companies," suppliers of alternative fuel and fuel additives that are environmentally friendly products.

James Wheeler, CEO of NW Tech Capital, Inc., stated, "We are very excited that Mr. Neiberger is not only joining the board of directors for NWTT, but also has been elected as President of Microholdings US. We look forward to him leading MCHU in the future and its entry into the Environmental Products and Service field."

About NW TECH CAPITAL, INC.

NW Tech Capital is a holding company with interests in areas of telecommunications, data management, information systems and public safety communication and response solutions. NW Tech Capital, Inc. trades on the OTCBB under the ticker symbol NWTT. For more information on NWTT contact investor@nwtechcapital.com or visit web site at http://www.nwtechcapital.com

Certain Information

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of NWTT officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.