Nstein appoints Denis Lavallée as VP Business Development

2003-12-01

Montreal, December 1st, 2003 - Nstein Technologies Inc. (TSX-V: EIN), the leader in unstructured content management solutions, is pleased to announce the appointment of Mr. Denis Lavallée as Vice President of Business Development.

Based in New York, Mr. Lavallée brings 18 years of experience building new partnerships and alliances in the development of Information Technology solutions for the Global 1000 market. Prior to Nstein, Mr. Lavallée was the Vice-President of Business Development at GRT Corp., where he firmly established the company within the Data Warehousing and Business Intelligence solutions market " both domestically and off-shore. Previously, he founded I.S. Builders Inc. " a professional services company based in San Diego, developing strategic partnerships for the implementation of ERP solutions for Fortune 500 companies. Prior to I.S. Builders, Mr. Lavallée founded MTLI Inc., an Information Technology company with offices in Montreal and Paris, offering customized applications development in seven different countries. Lavallée holds a MBA from The Anderson School at UCLA and a B.S. in Business & Information Technology from the Université du Québec à Montréal.

At Nstein, Mr. Lavallée will lead the company's business strategies initiatives, specifically the planning and development of targeted content management solutions for key verticals including e-publishing, financial services, legal, health, and homeland security.

"The management of unstructured information is today's main challenge within the world of Information Technology. Nstein has developed a proven technology to resolve this complex problem, including a compelling value proposition in areas such as compliance, risk management and business intelligence. I am excited to join a group of seasoned professionals and look forward to working on Nstein's strategic expansion in the USA," indicates Mr. Lavallée.

Mario Girard, Chairman and Chief Executive officer of Nstein added: "Mr. Lavallée shares our vision of leveraging technology innovations to create real business value. His focus on the business benefits of technology solutions will be a great asset to our customers and his experience managing growing companies will also be invaluable."

About Nstein Technologies 

Nstein Technologies develops and markets content management indexing software and solutions that solve mission-critical business problems. Nstein maximizes the value of its customer's information assets within the e-publishing, financial, legal, and homeland security services. Nstein's organization, navigation and retrieval software creates immediate and substantial ROI via significant new revenue streams, productivity and efficiency gains. Nstein is headquartered in Montreal, Canada with sales offices in Boston, Philadelphia, San Francisco, Washington DC and New York. Nstein is a public company listed on the TSX Canadian Venture Exchange (EIN). 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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