Nstein Technologies Inc. Announces $4.1 Million Financing

2005-10-03

Montreal, Quebec, October 3, 2005 - Nstein Technologies Inc. "Nstein" (TSX-V: EIN), a leader in advanced linguistic-based Business Intelligence solutions, announced today that it is in the final stage of completing a $4.1 million financing with a few US-based investors, subject to regulatory approval. The trading halt will remain effective until further announcement this week. The terms and conditions of this financing will be disclosed upon the closing of the transaction.

About Nstein Technologies

Nstein Technologies (TSX-V: EIN) develops and markets leading edge software solutions for analyzing vast amounts of unstructured data in virtually all languages. Nstein's linguistic based platform collects, organizes, analyzes, cross examines, shares and translates data from any sources, in real time. Nstein's solutions transform reactive decision making into a high impact proactive and even predictive process, and solve mission critical problems. Nstein has developed tailored solutions for clients in homeland security & intelligence and e publishing markets, as well as for large enterprises and government organizations. The Company is headquartered in Montreal, Canada, with offices in the United States and Europe. More information is available at 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.:
Investor Relations

Robert Barakett
Executive Vice-President and Chief Financial Officer
Nstein Technologies Inc.
Tel: 514 908-5406
robert.barakett@nstein.com