Nstein announces proposed issue of warrants

2003-11-03

Montreal - November 3, 2003 - Nstein Technologies Inc. (TSX-V:EIN) announced today a proposed issue of warrants to a non-related third party in consideration for a loan guarantee to be provided by such third party. The loan guarantee and issue of warrants are to close concurrently with a previously announced share financing. The issue would consist of 2,649,429 equity warrants, each warrant entitling the holder thereof to acquire one common share of Nstein at a price of $0.13 per share. The equity warrants would be exercisable, in whole or in part, at any time, for a period of 5 years.

About Nstein Technologies 

Nstein Technologies Inc. is an industry leader in providing innovative content management software solutions to the e-publishing, enterprise and government sectors. Nstein's products automate complex tasks such as document indexing and summarizing, and enable organizations to maximize the value of their content assets through improved organization, navigation, and faster information retrieval. Nstein's Nserver solution is a core content management component, which has enabled Nstein's customers to significantly increase their ROI through gains in productivity, efficiency and revenue. Nstein's headquarters are in Montreal, Canada, with operations in San Francisco and Washington, D.C. For further information 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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