Nstein Appoints Senior E-Publishing Industry Executive To Vice President Sales

2002-05-29

Montreal, May 29, 2002 - The President and Chief Operating Officer of Nstein Technologies, Inc. "Nstein" (TSX Venture Exchange: EIN), Randall Marcinko, is pleased to announce the appointment of Leslie Lees to the position of Vice President Sales. Lees brings over 17 years international sales and business management experience in the information and e-publishing industries, and is widely recognized for his strategic negotiating capabilities and extensive network of contacts.

Among his accomplishments Lees has established profitable relationships with over 100 global publishing and distribution partners. He has won high praise in the industry for his ability to build mutually beneficial business solutions with customers.

"Leslie has already built positive relationships with many of our potential customers in the e-publishing industry. He has a deep appreciation and understanding of our products," states Marcinko. "Leslie has staying power and a "big picture" understanding of our business environment that fits with our goal to assert our leadership position in Computer-Aided Indexing (CAI) for e-publishing."

Prior to joining Nstein, Lees held the positions of Vice President Content Management, Senior Product Manager Science Products and Regional Sales Manager at SilverPlatter Information Inc. (Ovid Technologies), since 1995. There he gained extensive knowledge and experience in the Scientific, Technical and Medical (STM) and academic database aggregator markets.

"E-publishing has come of age, and this is the right time in our industry for Nstein's products. As more and more information is becoming available on-line, people are looking for ways to get at it more quickly and easily, while at the same time containing costs," says Lees. "Nstein's superior computer-aided indexing technology allows researchers and others to find the right information from within massive databases of information - quickly and effectively. I'm glad to have the opportunity to work at Nstein with top people in the industry whom I know very well, and with products that I genuinely believe in."

As Vice President Sales, Lees will lead Nstein's global Sales team, filling the position previously occupied by Marty Reiner who is no longer with the company.

Leslie Lees has a Master's degree in English earned at Cambridge University, England, and will head Nstein's U.S. Sales headquarters in Washington, D.C.

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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