Mr. George Liszicasz reports

NXT ENERGY SOLUTIONS REPORTS FILING OF Q2 RESULTS AND RELATED CONFERENCE CALL

NXT Energy Solutions Inc. has released its interim financial and operating results for the three-month and six-month periods ended June 30, 2014. All selected and referenced financial information noted below should be read in conjunction with the company's unaudited interim consolidated financial statements and related management's discussion and analysis for the second quarter of 2014.

Highlights:

• Year-to-date revenues of $3.9-million;
• Year-to-date net earnings of $1.3-million or three cents per share;
• Current strong financial position, with cash of approximately $7-million.

George Liszicasz, president and chief executive officer of NXT Energy, noted: "Although our revenue levels are lagging expectations for 2014, we are in pursuit of several high-impact projects in Mexico, the USA, South America and the Pakistan/South Asia region. We are pleased that Mexico, as part of its extensive energy industry reforms, has finally completed its round zero process, which gives clarity and certainty on which exploration areas it will retain, and which will become open to future international bid rounds. Following this, and an extensive technical review process, NXT now has the opportunity to refocus efforts on finalizing new survey contracts, both onshore and offshore, with Mexico's national oil company, Pemex. Longer term, we will also be able to pursue contract opportunities with new exploration players who will be entering the Mexico market in 2015 with their government's announcement of the round one exploration blocks that will be made available for bidding."

NXT Energy also advises that it will be presenting as part of the discussion panel "The Challenge of Latam's Deepwater Fields" at the second Latam Oil and Gas Summit to be held in Houston, Tex., on Sept. 10 and 11, 2014. NXT Energy will also be in attendance at the World National Oil Companies Congress Americas workshop and conference to be hosted by Pemex Sept. 23 to 26, 2014, in Cancun, Mexico.

NXT Energy will host a brief investor and media conference call on Thursday, Aug. 28, 2014, at 2:10 p.m. MT (4:10 p.m. ET) to discuss the second-quarter results and current business initiatives and recent developments. Interested parties are invited to participate in this call, by using one of the applicable numbers below.

Participant access code:  50089 (followed by the pound key)

Toll-free dial-in number:  1-855-353-9183 from Canada and the United States

Toronto:  416-623-0333

Vancouver:  604-681-8564

Calgary or international:  403-532-5601

                  HIGHLIGHTS OF INTERIM FINANCIAL RESULTS

                             Q2 2014      Q2 2013     2014 YTD     2013 YTD
Operating results
Survey revenues          $         -  $         -  $ 3,913,367  $ 2,684,095
Survey expenses               10,637            -      343,825    1,542,248
General and 
administrative expenses    1,047,939    1,000,437    1,995,467    1,932,087
Amortization and other
expenses, net                227,885      118,191      232,003      136,421
Increase (decrease) in
fair value of U.S.$
warrants                           -       32,000       42,800     (140,000)
                         ------------ ------------ ------------ ------------
                           1,286,461    1,150,628    2,614,095    3,470,756
                         ------------ ------------ ------------ ------------
Income (loss) before
income taxes              (1,286,461)  (1,150,628)   1,299,272     (786,661)
Income tax expense                 -            -            -      399,546
                         ------------ ------------ ------------ ------------
Net income (loss) for
the period               $(1,286,461) $(1,150,628) $ 1,299,272  $(1,186,207)
                         ============ ============ ============ ============
Income (loss) per common
share 
Basic                          (0.03)       (0.03)        0.03        (0.03)
Fully diluted                  (0.03)       (0.03)        0.02        (0.03)

We seek Safe Harbor.