$1 million for NexTech

NexTech Solutions, a publicly traded manufacturer of
automated optical inspection systems used in the production of flat panel
display, which merged with FAS Technologies, LLC earlier this year, has
received a $1 million investment from Tokyo, Japan-based Hakuto Co. Ltd. Hakuto, which
distributes electric products and manufactures industrial chemicals, likely
sees this as a strong strategic investment, as Hakuto represents NexTech’s
products throughout the Asia Pacific region. According to Tony Di Napoli, NexTech’s president, Hakuto will likely
make larger future investments in the company. As we said in July, the combination of NexTech Solutions and FAS Technologies,
LLC has been, and should continue to be exciting to watch.

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About Bryan Menell

Bryan is the Managing Editor for AustinStartup and the Director of the Collaboratory at Dachis Group. He is a co-founder of Capital Factory, on the board of Texchange, and runs the popular Austin Tech Happy Hour with his wife. He advises early stage technology companies including Socialware, SpeedMenu, and AudiencePoint.

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