Exhibit 99.1

				Verso Paper Corp.
				6775 Lenox Center Court
				Suite 400
				Memphis, TN 38115-4436
				For details, contact:
				Robert P. Mundy
				Senior Vice President and
				Chief Financial Officer
				T 901-369-4128
				robert.mundy@versopaper.com
				www.versopaper.com

FOR IMMEDIATE RELEASE

Verso Paper Corp. Announces Completion of Tender Offer for Certain of its

Outstanding Debt

MEMPHIS, Tenn. (February 9, 2011) – Verso Paper Corp. (NYSE: VRS) announced today the completion of the tender offer (the “Tender Offer”) of its subsidiary, Verso Paper Holdings LLC (“Verso Holdings”), to purchase any and all of the outstanding 9 ¹/8% second priority senior secured fixed rate notes due 2014 (the “Notes”) issued by it and Verso Paper Inc.

The Tender Offer expired at 11:59 p.m., New York City time, on February 8, 2011 (the “Expiration Date”). As previously announced, Verso Holdings received tenders from the holders of $310,415,000 aggregate principal amount of the Notes prior to the early tender payment deadline on January 25, 2011, at 5:00 p.m., New York City time (the “Early Tender Date”), which represented approximately 92.1% of the outstanding Notes. On January 26, 2011, Verso Holdings accepted for early payment, and paid for, the Notes tendered prior to the Early Tender Date. After the Early Tender Date and prior to the Expiration Date, Verso Holdings received tenders from the holders of an additional $48,000 aggregate principal amount of the Notes, resulting in total tenders from holders of $310,463,000 aggregate principal amount of the Notes. The tenders for all Notes received by Verso Holdings prior to the Expiration Date represented approximately 92.1% of the outstanding Notes. Verso Holdings expects to accept for payment all of the Notes validly tendered after the Early Tender Date and prior to the Expiration Date on Wednesday, February 9, 2011. Verso Holdings intends to redeem the Notes that remain outstanding after completion of the Tender Offer at the applicable redemption price, plus accrued and unpaid interest.

Credit Suisse Securities (USA) LLC and Citigroup Global Markets Inc. acted as the Dealer Managers in connection with the Tender Offer for the Notes.

About Verso

Based in Memphis, Tennessee, Verso Paper Corp. is a leading North American producer of coated papers, including coated groundwood and coated freesheet, and supercalendered and specialty products. Verso’s paper products are used primarily in media and marketing applications, including magazines, catalogs, and

commercial printing applications such as high-end advertising brochures, annual reports, and direct-mail advertising.

Forward-Looking Statements

In this press release, all statements that are not purely historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may be identified by the words “believe,” “expect,” “anticipate,” “project,” “plan,” “estimate,” “intend,” and similar expressions. Forward-looking statements are based on currently available business, economic, financial and other information and reflect management’s current beliefs, expectations and views with respect to future developments and their potential effects on Verso. Actual results could vary materially depending on risks and uncertainties that may affect Verso and its business. For a discussion of such risks and uncertainties, please refer to Verso’s filings with the Securities and Exchange Commission. Verso assumes no obligation to update any forward-looking statement made in this press release to reflect subsequent events or circumstances or actual outcomes.

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