NSTEIN CONTINUES TO BUILD MOMENTUM

2001-09-05

Montreal firm signs major contract with APA,
the world's largest psychological association

Montreal, September 5, 2001 - Nstein Technologies Inc. "Nstein" (Mtl: EIN), a Montreal-based developer of innovative linguistic intelligence business solutions, announced the sale of its Nmedia Server(TM) user license to the American Psychological Association (APA), the world's largest psychological association. The deal is worth approximately CDN $450,000.

This is Nstein's second large-scale contract in the US within a week. On August 28th, 2001, Nstein inked a 5-year, CDN $1.2 million contract with news giant United Press International (UPI).

"To maintain our position as the world's premier psychology resource, we needed to secure a proven technology that would help us automate the tagging, abstracting and indexing of our data in the most objective, accurate and efficient way," stated APA's Senior Director for the PsycINFO database, Linda Beebe. "Computer-Aided Indexing (CAI) is a 'must have' for us. Our challenge is to maintain the accuracy of our indexing while automating. Nstein's CAI technology does that better than any other solution we looked at - and it reduces the time needed to perform these tasks by more than 30 percent."

"APA is a prestigious customer for us and really builds on our credibility and momentum in the U.S. market," explained Mario Girard, President and CEO of Nstein, "APA's databases are recognized for their high standards of indexing and abstracting. Their in-depth benchmarking of CAI solutions led them to the conclusion that only Nmedia Server could provide the combination of accuracy and performance needed to maintain the quality of their offering. That obviously speaks volumes about the strength of the solutions we provide. "

About Nmedia Server

Nmedia Server is an intelligent Computer-Aided Indexing software platform that automatically categorizes, classifies and summarizes large volumes of unstructured text using Nstein's core Linguistic DNATM technology. The tool is designed for electronic information managers and distributors requiring CAI, a market estimated to be worth over US$1 billion by 2002 in North America alone.

About the American Psychological Association

The American Psychological Association, based in Washington, DC, is the largest scientific and professional organization representing psychology in the United States and is the world's largest association of psychologists. APA's membership includes more than 159,000 researchers, educators, clinicians, consultants, and students. Through its divisions in 53 subfields of psychology and affiliations with 59 state, territorial, and Canadian provincial associations, APA works to advance psychology as a science, as a profession, and as a means of promoting human welfare.

About Nstein Technologies

Nstein Technologies is a public company listed on the Montreal Exchange since June 2000. The company develops and markets innovative content management software solutions based on linguistic artificial intelligence. Nstein's software solutions automate time-consuming and complex tasks such as content classification as well as XML tagging and summarization. The company's Nserver products provide a revolutionary leap in effectiveness and cost reduction for e-publishers, portals, CRM solutions and e-marketplaces.

Nstein's intensive research in computational linguistics has resulted in Linguistic DNA(TM) technology'which combines the strengths of linguistic and statistical analysis (used by our competitors) with artificial intelligence. This resulting technology extracts meaning from even short, unstructured documents and organizes them with unparalleled precision and relevance. Nstein currently markets its technology to the e-publishing industry and is set to rollout new products for portals, e-marketplace and customer relationship management (CRM) solutions over the next two years. For further information on Nstein Technologies Inc., please visit ww.nstein.com.

For further information on the American Psychological Association, please visit www.apa.org.

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