New Research Report Published On NanoPierce Technologies, Inc

Business Wire, Feb 21, 2002

Business Editors/High-Tech Writers

DENVER--(BUSINESS WIRE)--Feb. 21, 2002

NanoPierce Technologies, Inc. (OTCBB:NPCT) today announced that Schneider Securities, Inc., a Denver-based investment banking firm, has published a Research Report, authored by James W. Creamer III, on NanoPierce Technologies, Inc.

The Research Report recommends the stock of NPCT as a Speculative Buy.

Paul H. Metzinger, President and Chief Executive Officer of NanoPierce Technologies, Inc., said: "NanoPierce Technologies, Inc. continues to receive, what I believe, is well-deserved recognition by professional analysts in the investment banking industry. Mr. Creamer's Research Report presents an articulate and accurate analysis of our Company, its technology, our large strategic markets and finally the significant technological and investment potential we have. Mr. Creamer succeeded in the difficult goal of explaining complex technology concepts in a format understandable to a non-expert. It is a must-read."

For more information on NanoPierce Technologies, Inc., please visit the web site at http://www.nanopierce.com.

About NanoPierce Technologies, Inc.

NanoPierce Technologies, Inc. of Denver, Colorado, USA, is traded on the NASDAQ stock market (OTCBB:NPCT) as well as on the Frankfurt and Hamburg (OTC:NPI). In addition to the 12 patents it owns, NanoPierce has numerous applications pending, others in preparation, and various other intellectual properties related to NanoPierce's proprietary NCS (NanoPierce Connection System). This advanced system is designed to provide significant improvement over conventional electrical and mechanical interconnection methods for high-density circuit boards, components, sockets, connectors, semiconductor packaging and electronic systems.

About NanoPierce Connection Systems Inc.

NanoPierce Connection Systems, Inc. is a 100% subsidiary of NanoPierce Technologies, Inc., located in Colorado Springs, Colorado. NanoPierce Connections Systems, Inc. has been chartered to undertake high volume production of WaferPierce(TM), a revolutionary and enabling semiconductor wafer treatment for ultra-low cost flip-chip without the necessity of wire bonding, conductive adhesives, or soldering. Typical end-use applications of WaferPierce(TM) include Smart Labels, Smart Cards, and LED arrays. The new subsidiary has taken over all operations and business activities conducted in the Colorado Springs facility. In addition to WaferPierce(TM) production, NanoPierce Connection Systems will be responsible for licensing and new applications of other NanoPierce technologies to add value to electronic components.

About ExypnoTech GmbH i.G.

ExypnoTech GmbH i.G., is a 100% subsidiary of NanoPierce Technologies, Inc. located in Rudolstadt, Germany. ExypnoTech will produce smart inlays using the benefits of the new WaferPierce(TM) flip-chip process developed by NanoPierce Connection Systems, Inc. ExypnoTech will very soon become one of the key players in the rapidly growing RFID market.

This announcement contains forward-looking statements about NanoPierce Technologies, Inc., and its subsidiaries, that may involve risks and uncertainties. Important factors relating to the Company's operations could cause actual results to differ materially from those in forward-looking statements and are further detailed in filings with the Securities and Exchange Commission (SEC) available at the SEC's website (http://www.sec.gov). All forward-looking statements are based on information available to NanoPierce Technologies, Inc. on the date hereof, and NanoPierce Technologies, Inc. assumes no obligation to update such statements.