NXT Energy Solutions Inc. announced that its Chief Executive Officer, Mr. George Liszicasz, has informed the Board of Directors that he will be taking a medical leave of absence in order to address personal and private health matters. In light of this development, the Board of Directors has formally empowered a committee of the Board to assume the CEO's duties until further notice. The Committee, which meets three times weekly with NXT management, consists of Lead Director Charles Selby and Directors Gerry Sheehan and Bruce G. Wilcox, who collectively possess senior operating and management experience in the Energy and Capital Markets Industries.

The priorities of the Committee have been to formalize new contracts, including repeat business, for NXT's proven stress field technology. Management members included in this seamless process include Eugene Woychyshyn, Vice President of Finance and Chief Financial Officer; Rashid Tippu, Director of Geosciences for Africa, Asia, and Middle East; Enrique Hung, Director of Geosciences for the Americas; Mohammed Saqib, Head of Interpretation and Project Engineer; and Dr. Xiang Gui, Director of Research & Development.