Nstein announces the closing of $3-million private placement

2007-09-27

Highlights:

• Gesca Digital Investments Ltd confirms its $2-million private placement
• Nstein confirms the additional placement of $1 million from Nstein's employees and other investors, bringing the total of the transaction to $3 million

Montreal, Quebec, September 27, 2007 - Nstein Technologies Inc. "Nstein" (TSX-V: EIN), a leader in content management solutions for the publishing, media and entertainment industries, today confirmed the closing of a previously announced private placement. The Company issued 3 529 412 units at a price of $0.85 each for gross proceeds of $3 million. Each unit consists of one common share, one-half of one A-tranche share purchase warrant and one-half of one B-tranche share purchase warrant. One whole A-tranche share purchase warrant entitles its holder to purchase one additional common share of Nstein's share capital at a price of $1.50. One whole B-tranche share purchase warrant entitles its holder to purchase one additional common share of Nstein's share capital at a price of $2.00. These share purchase warrants are valid for three (3) years from the date of issue.

The subscribers were Gesca Digital Investments Ltd, (a subsidiary of Gesca Ltd) for $2 million and a group of 27 employees of the Company, along with other investors, for $1 million. Among the group, certain insiders of Nstein have contributed $316,551. The common shares issued and those underlying the purchase warrants issued in connection with the investments are subject to a four-month (4) hold period.

The proceeds of these investments will be used to ramp up Nstein's marketing efforts within the North American and European e-publishing markets. This transaction is subject to final approval from the TSX Venture Exchange.

About Gesca Digital Investments Ltd

Gesca Digital Investments Ltd specializes in capital investments in new media enterprises and the incubation of digital ventures. It plays an active role in the development of the companies in which it invests. Gesca Digital Investments Ltd is a subsidiary of Gesca Ltd, a media group and a wholly owned subsidiary of Power Corporation of Canada (TSX: POW).

About Nstein Technologies

Nstein Technologies (TSX-V: EIN) develops and markets leading-edge content management software for the media, publishing and entertainment industries. Its Ntelligent Content Management Suite enables the centralization, enrichment and publication of textual and rich media assets using advanced text mining. Nstein helps publishers significantly increase their content monetization and reduce their operational costs through cross media publishing and multichannel delivery. Nstein is headquartered in Montreal, Canada, with offices in the USA 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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