ISI will deploy nserver into Latin American, Eastern European and Asian markets on its flagship Emerging Markets Information Service
2002-03-14
Montreal, March 14th, 2002 - Nstein Technologies Inc. "Nstein" (TSX: EIN), a leading developer of innovative linguistic intelligence business solutions, has announced a milestone five-year agreement with Internet Securities, Inc. (ISI), valued at over $CAN 650,000.
"ISI provides subscribers to our Emerging Markets Information Service (www.securities.com) access to over 5200 leading sources of financial, economic and political news and information originating from Latin America, Eastern Europe and Asia" states ISI's Chief Information Officer, Toni Monteiro. "Nstein's nserver software will enable our customers to find answers from within our vast information resources " quickly and with pinpoint accuracy." Monteiro goes on to say, "Nstein's solution represents a tremendous value-add for us. We looked long and hard at a wide array of technologies but Nstein was the only vendor that met our stringent standards " both in terms of their technology solution, and their high standards of service and professionalism."
"This is a very significant sale for Nstein" explained Randall Marcinko, President of Nstein, "Not only have we penetrated the international e-publishing market as a result of this sale, we have also established ourselves as the premier global CAI software vendor, adding the languages of Portuguese, Russian, Turkish, Czech, Polish and Chinese to our software solution" Marcinko further states, "We have also gained an international strategic partner as a result of this agreement. Nstein will work closely with Internet Securities, Inc. on a number of high-visibility Marketing initiatives that will expose our superior technology solutions to their North American and international customers."
About Internet Securities, Inc.
Internet Securities, Inc., a Euromoney Institutional Investor company serves emerging markets specialists and multinational corporations in the United States, Europe, and emerging markets through its worldwide headquarters in New York and European headquarters in London, as well as its network of 19 offices throughout Latin America, Europe and Asia.
The Company's flagship Emerging Markets Information Service (www.securities.com) aggregates and produces unique content including financial, economic and political news and information, and makes that data available to institutional subscribers electronically over the Internet. Full-text news articles, financial statements, industry analyses, equity quotes, macroeconomic statistics, and market-specific information, which are derived directly from thousands of local and leading international information providers, appear in both English and the local language. Emerging markets covered by Internet Securities include Argentina, Estonia, Latvia, Lithuania, Brazil, Bulgaria, Chile, China, Colombia, Croatia, Czech Republic, Ecuador, Guatemala, Hong Kong, Hungary, India, Khazakhstan, Kyrgyztan, Mexico, Peru, Poland, Romania, Russia, Singapore, Slovakia, the Philippines, Thailand, Malaysia, Indonesia, Taiwan, South Korea, Turkey, Ukraine, Uzbekistan, Yugoslavia, Venezuela. For further information on Internet Securities, Inc., please visit www.securities.com
About Nstein Technologies
Nstein Technologies is a public company listed on the TSX Venture Exchange. The company develops and markets innovative content management software solutions based on its patented Linguistic DNA" technology'which combines the strengths of linguistic and statistical analysis with artificial intelligence. Nstein's nserver" software solution automates time-consuming and complex tasks such as content classification, XML tagging and summarization. The company's products enable a significant leap in effectiveness and cost reduction for content management, e-publishing, and
on-line companies. For further information on Nstein Technologies Inc., please visit www.nstein.com.
- The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
- Any statement that appears prospective shall not be interpreted as such.
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For more information:Nstein Technologies Inc.:
Yves H. Boucher
Vice President and Chief Financial Officer
Nstein Technologies Inc.
Tel: 514 908-5406, ext. 240
yves.boucher@nstein.com
Donna Sianchuk
Marketing and Communications Director
Nstein Technologies Inc.
Tel: 514 908-5406 ,ext. 292
donna.sianchuk@nstein.com
Hill & Knowlton/Ducharme Perron
Montreal
Tel: 514 395-0375, ext. 238
Internet Securities:
Senior Vice President-Marketing
Internet Securities, Inc.
488 Madison Avenue
New York, NY 10022
Tel: 212 610-2900
jim@securities.com
