Nstein Issues First ASP LMarketsicense - Opens CAI to New

2002-07-11

New "Taxonomy Builder" Product Inside New Offering

Montreal, July 11th, 2002 - Nstein Technologies, Inc. "Nstein" (TSX Venture Exchange: EIN), a leading provider of software business solutions to the e-publishing industry, announces a key software licensing sale that will open the door to small and medium-sized e-publishing enterprises to automatically index documents using Nstein's sophisticated Computer-Aided Indexing (CAI) tools.

MEI has purchased a software license for Nstein's Nserver™ Suite and its Taxonomy Builder product'a new product that MEI will use to custom-build taxonomies for its customer base.

"This agreement will expose our high performance, automated indexing tools to e-publishers that to date have not had the document volumes to justify purchasing their own licenses," says Randall Marcinko, President of Nstein. "Through an ASP (Application Service Provider) like MEI, smaller e publishers can now receive the high quality, high precision indexing that in the past were only available to larger organizations. This lets customers use Computer-Aided Indexing within a "pay as you go" business model, removing the barrier of initial capital expenditures, and allowing Nstein to serve the entire spectrum of e-publishers."

Nstein's new Taxonomy Builder product is available immediately to other third party service providers in the e-publishing industry, as well as to Nstein's customers and prospects in the e publishing, government and corporate spaces.

About MEI

MEI is a leading provider of services and software development to publishers who are seeking to convert from the print to electronic world and/or to increase their e publishing sales. The company performs print/electronic content conversion, indexing/categorization, and access/interface design for major organizations such as the Kiplinger Washington Editors, Inc. and United Press International (UPI). MEI's experienced team of industry experts assists publishers in their negotiations with content distributors towards the goal of maximizing their e content sales revenue. MEI is based in California and has operated successfully for nearly a decade serving an international publishing clientele.

About Nstein

Nstein Technologies is an industry leader in providing innovative content management software solutions to the e-publishing industry. Nstein's products automate complex tasks such as document indexing, XML tagging and summarizing'enabling a significant leap in effectiveness and cost reduction for news, government, business, scientific, academic e publishing, and on-line service organizations. The company's patented Linguistic DNA technology, which combines the advantages of linguistic and statistical analysis with artificial intelligence has earned it top analyst ratings internationally. Nstein is a public company listed on the TSX Canadian Venture Exchange. 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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