Nuclear Solutions Today Announces Retention Of iCapital As Its Investment Banking Firm

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Nuclear Solutions Today Announces Retention Of iCapital As Its Investment Banking Firm

IDAHO, MERIDIAN, Apr. 2 -/E-Wire/-- 2002 Nuclear Solutions Inc. (OTCBB:NSOL) today announced that it has engaged the iCapital Corporation ("iCapital") as its investment banking consulting firm to structure financing and provide capital resources, and advise the Company's management on other strategic decisions.

"iCapital has a direct connection to the investment community which will help us quickly move forward with our strategy," said Paul Brown, CEO and President of NSOL. "Their vast experience will aid in our overall market support, which is where we have needed some more substantial professional help in the past."

Continues Brown, "iCapital is one of the premier investment banking consulting firms in the United States catering specifically to small capitalization public companies. With over 50 corporate clients, iCapital has the experience and resources to quickly facilitate financing and to bring a substantial number of M&A; candidates to the table. We are pleased to be associated with this premier firm in this exciting industry."

Randall Letcavage, Managing Director of iCapital, states, "NSOL provides a platform for dynamic product/service offerings in the Nuclear Waste Remediation Sector, that positions the Company for significant growth. The target market for nuclear waste remediation services broadens each day in the U.S. and around the world." Irvine-based iCapital will provide NSOL with services ranging from the preparation of corporate documents to providing guidance and assistance in maximizing shareholder value.

ABOUT iCAPITAL CORPORATION:

An experienced team of investment bankers recently founded iCapital as they recognized a need to provide Investment Banking Services with the speed and precision that is required in the new Internet and technology economy. iCapital focuses on new and rapidly growing small companies, specializing in financing of under $100,000,000. iCapital is lead by a team of Managing Directors that previously worked together at NC Capital Markets.

Nuclear Solutions' flagship, proprietary technology, the HYPERCON ' ADS process, is an X-ray based photodisintegration process, which is currently being applied industrially as an alternative method the remediation of nuclear waste. The proposed process would operate at a sub-critical level, and be inherently safe. Any excess heat produced by the process could also be recovered to generate electricity. The application of photonuclear physics to nuclear waste is called Photodeactivation. Photodeactivation involves the irradiation of specific radioactive isotopes to force the emission of a neutron, thereby producing an isotope of reduced atomic mass. These resultant isotopes can be characteristically either not radioactive or radioactive with a short half-life.

This press release may be deemed to contain forward-looking statements that could affect the financial condition and results of operations of the company and its subsidiaries. Further information on potential factors that could affect financial conditions, results of operations, and expansion projects of the company are included in filings with the U.S. Securities and Exchange Commission.

1. The application of photonuclear physics to nuclear waste is called Photodeactivation. Photodeactivation involves the irradiation of specific radioactive isotopes to force the emission of a neutron, thereby producing an isotope of reduced atomic mass. These resultant isotopes can be characteristically either not radioactive or radioactive with a short half-life. The fundamental mechanism works on the laboratory scale, and preliminary research suggests that this technology will also work on the industrial scale. NSOL is taking the steps necessary for commercialization of the technology. As for most of the advanced nuclear technologies developed today, computer simulation is one of the most important and necessary steps. NSOL will use and improve a series of nuclear simulation codes (MCNP). The new set of simulation codes will allow the NSOL research and development team to design, test, improve, and develop experiments and commercial facilities through computer modeling.

NSOL plans to capitalize on its patent and patent-pending technology by forming strategic alliances and joint ventures with well-established leaders in the nuclear industry. Continued revenue streams are expected through licensing of the technology with both upfront fees and ongoing royalties.

2. NSOL's technology, the HYPERCON ' ADS process, is an X-ray based photodisintegration process. The technology could be developed into new applications for remediation of nuclear waste. The proposed process would operate at a sub-critical level, and be inherently safe. Any excess heat produced by the process could also be recovered to generate electricity.

3. NSOL also owns the exclusive worldwide rights to a proprietary technology for the removal of radioactive isotopes from contaminated wastewater called GHR. Water containing tritium and deuterium is currently stored in several locations worldwide due to the expense of available methods of treatment. Severe health problems for humans and animals are linked to these contaminants and pose a worldwide environmental threat. Water containing tritium and deuterium are produced in significant quantities as a by-product of nuclear reactor operations and weapons complex activities. While Tritium has a half-life of only 12.5 years, it poses a significant heath risk since tritiated water is processed by plants, animals and humans like ordinary water. Tritium can also become transformed into other chemicals or proteins needed by the body, as well as integrating itself into DNA. Tritium is also known to affect developing fetuses. Regulations for restricting the concentrations of tritium in drinking water are based primarily on cancer risk to adults.

Nuclear Solutions, Inc.

For Nuclear Solutions, Inc.,

Dr. Paul M. Brown,208/846-7868,[REDACTED-EMAIL];

For information or due diligence packages, Paul Kuntz,

800/518-1988, [REDACTED-EMAIL];

Information in German,www.zockstocks.com,

Listed on the Frankfurt Stock Exchange under the symbol NSL, listing registration number 762576.

iCapital Corporation, Randall Letcavage ([REDACTED-EMAIL]), 2603 Main Street, Suite 1150, Irvine, CA 92614, Office: (949) 260-8070; Fax: (949) 260-0116

http://www.zockstocks.com

http://www.otcbb-informant.com

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