NWTT NW Tech Capital Inc (PK)

NW Tech Capital, Inc. (OTCBB: NWTT) announced today that it has entered into a Letter of Intent to acquire 51% of the controlling shares of Zhuhai Jialun Guangcai Chain Drugstore Co., Ltd. ("ZJG Drugstores"). The ZJG Drugstores produced over 51 million RMB ($7.4 million USD) in revenue for 2007 and between January-April 2008 revenues were up approximately 22% over the prior year for the same period. The ZJG Drugstores will become part of NWTT following a financial audit required by the SEC and upon satisfactory completion of the final acquisition agreement. James Wheeler, CEO of NWTT, will be meeting with the management team of the ZJG Drugstores chain to finalize the acquisition, audit issues, and timeline for completion of the acquisition.

Mr. Wheeler stated: "We are extremely excited that we are underway with our plans to do business in China and look forward to finalizing the terms of the acquisition agreement with ZJD Drugstores when we meet in Zhuhai, China and Hong Kong in September, 2008. ZJD Drugstores are on a very impressive growth rate and we look forward to their continued success as a part of NW Tech Capital, Inc."

The ZJG Drugstores own over 400 chain drugstores in Guangdong Province in the cities of Zhuhai, Zhongshan, Fuschan, and Dongguan with over 700 internally manufactured products. The Guangdong Province has a population of over 88 million people. The ZJG Drugstores and over 2000 individual drugstores use Gugangcai Software which was developed by Jialun Guangcai Software Co. Ltd. This software provides the logistic and management platform for the drugstores, wholesalers, manufacturers and administrators.

James Wheeler, CEO of NWTT, stated, "The Zhuhai Jialun Guangcai Chain Drugstore Co., Ltd. is a great company with a proven track record of success. We are honored to become a team member. We will have additional information following the September 2008 meetings with management of the ZJG Drugstores in Zhuhai, China and Hong Kong. We anticipate that this will be the 1st of many opportunities for NWTT in China."

About Zhuhai Jialun Guangcai Chain Drugstore Co., Ltd.

Zhuhai Jialun Guangcia Chain Drugstore is a retail and wholesale for Chinese Traditional Medicine materials, Traditional Chinese Medicine Patent Prescription, Chinese Traditional Medicine Slices, biochemical pharmaceutics, biological products (except for the bio-products for preventive use), chemical, antibiotics; the retail for foodstuff and health products; the retail and wholesale for chemical products (except for dangerous chemicals and easy made drugging chemicals), cosmetic and general goods; the retail and wholesale for Class II medical instruments (except for the items with licenses). Additional information regarding the ZJD Drugstores is available at http://www.gzhuang.cn/zhuhai/e_index.asp.

About NW TECH CAPITAL, INC.

NW Tech trades on the OTC Bulletin Board under the ticker symbol "NWTT." For more information on NW Tech Capital contact investor@nwtechcapital.com or visit web sites at 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.

Contact Information: NW Tech Capital, Inc. James Wheeler Chairman & CEO E-mail: Email Contact