Michel Lavigne and Pierre Donaldson join the Nstein Technologies Board of Directors

2006-07-06

The company welcomes two prominent new directors to its Board of Directors

Montreal, Quebec, July 6, 2006 - Nstein Technologies Inc., ("Nstein") (TSX-V: EIN), a leader in text mining and multilingual information access solutions, confirmed the appointment of Michel Lavigne and Pierre Donaldson (J.L. Albright Venture Partners) as directors of the company.

Michel Lavigne is a director of the Caisse de dépôt et placement du Québec and, since June 2005, has been a director and member of audit committees for Quebecor Média Inc., Vidéotron ltée, Sun Media Corporation and Nurun inc. He is also the Chairman of Primary Energy Recycling Corporation and Teraxion Inc. Until May 2005, he served as President and Chief Executive Officer of Raymond Chabot Grant Thornton in Montreal, not to mention the Chairman of Grant Thornton Canada. He was also a member of the Board of Governors of Grant Thornton International. Mr. Lavigne is a Fellow of the Ordre des comptables agréés du Québec and member of the Canadian Institute of Chartered Accountants. Mr. Lavigne actively participates in various charitable and cultural organizations.

Pierre Donaldson is Partner at J.L. Albright Venture Partners, an investor in Nstein. Prior to joining the investment fund in 2005, Mr. Donaldson was President and CEO of Bioscrypt Inc., a leader in the biometrics industry. Previously, Mr. Donaldson was Executive Vice-President, Worldwide Operations, for Descartes Systems Group Inc., a provider of business-to-business Internet logistics solutions; Vice-President, Sales and Marketing, of Treasury Services Co., acquired in August 1997 by Oracle Corporation; President and CEO of Virtual Prototypes Inc.; and held various important positions with Dun & Bradstreet Software. He also serves as a director of Mediagrif Interactive Technologies.

"We are extremely proud that such important businessmen as Messrs Lavigne and Donaldson are joining our team," said Mario Girard, Chairman and Chief Executive Officer of Nstein Technologies. "Nstein will benefit from Michel Lavigne's solid experience in finance and his participation on prestigious boards of directors, which have made him a seasoned director. The company can also count on Pierre Donaldson's international experience in the information technology sector. His involvement with Nstein, as well as his team at J.L. Albright Venture Partners, is a considerable asset for the company."

Laurent Proulx, Senior Vice-President and Chief Technology Officer of Nstein, has resigned from his position on the company's Board of Directors in order to allow the appointment of Mr. Donaldson. The Board now comprises Nancy Gaudreau, (Solidarity Fund QFL), Jean Bédard (Solidarity Fund QFL), Rainer Busch, Pierre Donaldson, Richard Drouin, Marc Dutil, Mario Girard (Chairman) and Michel Lavigne.

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 organizes, analyzes and translates data from any source, in real time. Nstein's enterprise-based text mining and multilingual information access solutions transform reactive decision-making into a proactive process, and solve mission-critical problems faced by companies and organizations. Nstein has developed tailored solutions for clients in homeland security & intelligence markets and e-publishing, 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 http://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.

###