SOURCE: ProTek Capital, Inc.

February 10, 2011 08:51 ET

ProTek Capital, Inc. Retires $500,000 Pref A Series Shares

NEW YORK, NY--(Marketwire - February 10, 2011) - ProTek Capital, Inc. (PINKSHEETS: PRPM) is pleased to announce that it has come to an agreement with the company NX Global Inc. who holds $500,000 Preferred A series shares in ProTek Capital, to return the 500,000 Preferred A shares to the company. It also has been agreed that ProTek Capital Inc. will return the 50 Million NX Global common restricted shares back to NX Global as part of this agreement.

ProTek Capital received these shares as part of the settlement agreement dated November 3, 2010.

On receipt of the Preferred A series Shares the Company intends to retire them.

"This transaction will strengthen the balance sheet as part of the 2011 plans to aggressively grow the company on a sound financial footing," stated Robert Zysblat, President.

About ProTek Capital, Inc.:

ProTek Capital, Inc. is a corporation with offices located in the United States and United Kingdom, whose focus is to invest in or acquire software companies that are privately held or traded on the public markets. The objective of ProTek Capital, Inc. is to provide the best possible risk-return value for all of its shareholders by making direct investments or outright purchases into foreign and domestic private and public software companies. To learn more about ProTek Capital, Inc., please visit: http://www.protekcapital.com/

Safe Harbor:
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements'' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

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