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PSI-TEC Contracts World-Renowned Expert for Material Analysis.

WILMINGTON, Del., April 20 /PRNewswire-FirstCall/ -- PSI-TEC Corporation, a wholly owned subsidiary of PSI-TEC Holdings, Inc. (Pink Sheets: PTHO) announced today that it has contracted renowned electro-optic expert Dr. C.C. Teng to provide third-party certification of PSI-TEC's recently developed material prototype.

Dr. C.C. Teng is co-inventor of the renowned "Teng-Man test," a procedure that has today become the standard method of evaluating the material performance of electro-optic plastics.

"Independent third-party verification is extremely important to the credibility of our technology," said Frederick Goetz, CEO of PSI-TEC Corporation. "We could think of no organization or individual with greater integrity and expertise in conducting the necessary Teng-Man analysis than Dr. Teng himself."

Dr. Teng will evaluate PSI-TEC's recently fabricated, molecularly-tailored material. This novel material, known as an electro-optic plastic, has been developed for specific applications in the conversion of electrical signals into light at extremely high frequencies.

This high-speed conversion is necessary for the transmission of data over fiber-optic cable. Fiber-optic data transfer is central to all broadband telecommunication, including: high-speed Internet, cable television (CATV), satellite reconnaissance (homeland security), and long-distance ground and cellular telephonic networks.

The results of the Teng-Man test will validate the performance profile of PSI-TEC's recently developed material. This confirmation will indicate the ability of PSI-TEC's technological approach to compete with existing electro- optic technologies that drive all current fiber-optic telecommunication traffic.

The success of PSI-TEC's recently developed materials has the potential to create faster, cheaper Internet for more diverse populations across the globe. Successful electro-optic plastics will permit the fabrication of less expensive, more versatile devices for application within existing high-speed information networks as well as overcome the now-critical technological hurdles in the development of the ultra-faster telecommunication systems of the future.

"Our corporate goal is to make better technology for faster, cheaper broadband for everyone," said Mr. Goetz.

Dr. Teng developed his now-standard analytical technique over a decade ago at Hoechst Celanese, now Celanese Corporation, which was one of the early frontrunners in electro-optic plastic development. Other early investors in this area of technology include: Lockheed Martin, IBM, 3M, DuPont, and Corning.

About PSI-TEC

PSI-TEC Corporation is a developmental stage company that engineers next-generation, electro-optic (EO) plastics for future applications vital to modern commerce, homeland security, and medical technology. PSI-TEC's proprietary electro-optic plastics are produced at the molecular level for superior performance, stability and cost-efficiency and are expected to replace more expensive, lower-performance materials used in fiber-optic ground, wireless and satellite communication networks.

Other companies developing similar technologies include LUMERA CORPORATION; JDS UNIPHASE CORPORATION; and NORTEL NETWORKS CORP.

Safe Harbor Statement

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

For additional information, contact Mike Queen at (302) 998-8824 or michael.queen@unicapman.com.

CONTACT: Mike Queen, +1-302-998-8824 or michael.queen@unicapman.com

Web site: http://www.psiteccorp.com/
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Publication:PR Newswire
Date:Apr 20, 2005
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