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bigthc1
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I don't know how this will affect stock PPS. I havn't seen any SEC filings yet. Keep them on radar. You never know.


October 20, 2005 08:49 AM US Pacific Timezone

KAIROS Holdings Announces Acquisition of Controlling Interest in Pink Sheets Energy Company

ORLANDO, Fla.--(BUSINESS WIRE)--Oct. 20, 2005--KAIROS Holdings Inc. (OTCBB:KROH) announces acquisition of controlling interest in Pink Sheets company NEX2U, Inc. ("Company" or "NEX2U"). NEX2U (Pink Sheets:NXTU) will refocus its business in the energy markets, specifically in clean coal technologies.


The Company's focus will be a long term growth strategy based on aggressively pursuing investments and joint ventures in clean coal energy technologies. The Company has recently reviewed a number of business opportunities in clean coal technology. Through management's personal contacts in the financial markets, the Company will have the ability to provide funding for viable projects. Through these contacts, the Company also has the ability to perform the requisite due diligence to accurately assess the merits of any transaction that is proposed to the Company.

Management of the Company believes that alternative energy must come through fuel choice and that the only answer to the U.S. energy problem is to develop alternatives to oil. To be less dependent on foreign oil, the U.S. must develop an alternative fuel market to other competitively priced non-petroleum based fuels as well.

Safe Harbor

The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contacts


NEX2U Energy Inc., Orlando
Jack Craig, 407-370-4300
Fax: 407-226-3977
info*NEX2U.com
http://www.NEX2U.com

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-make money-

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