Nstein Technologies announces that a receipt has been issued following the filing of a final short form prospectus
2008-02-07
The final short form prospectus qualifies the distribution to the public of common shares issuable upon the deemed exercise of previously issued special warrants
Montreal (Quebec), February 7, 2008 - Nstein Technologies Inc. (the "Company") www.nstein.com (TSX-V: EIN), a leader in online publishing solutions for newspapers, magazines and online content providers, announced today that a receipt has been issued by securities regulatory authorities for a final short form prospectus filed on February 7, 2008, pursuant to its previously announced bought deal private placement of 8,000,000 special warrants with a syndicate of underwriters led by Desjardins Securities Inc. and including TD Securities Inc. and Jennings Capital Inc. The closing of the private placement was announced on November 30th, 2007.
Each special warrant entitles the holder thereof to receive one common share of the Company on the exercise or deemed exercise of the special warrant, for no additional consideration. The special warrants will be deemed to be exercised on February 12, 2008, being three business days after the issuance of the receipt by the securities regulatory authorities in Canada for the final prospectus.
About Nstein Technologies Inc.
Nstein Technologies (TSX-V: EIN) develops and markets multilingual solutions that power online publishing for the most prestigious newspapers, magazines, and content-driven organizations. Nstein's solutions generate new revenue opportunities and reduce operational costs by enabling the centralization, management and automated indexing of digital assets. Nstein partners with clients to design a complete online strategy for success using publishing industry best practices for the implementation of its Web Content Management, Digital Asset Management and Text Mining Engine products. 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
Bruno Martel
Chief Financial Officer
Nstein Technologies Inc.
Tel: 514 908-5406
bruno.martel@nstein.com
Media
Rina Marchand
Marketing Manager
Nstein Technologies Inc.
Tel: 514 908-5406
rina.marchand@nstein.com
Renmark Financial Communications Inc. :
Maurice Dagenais: mdagenais@renmarkfinancial.com
Bryan Neebar: bneebar@renmarkfinancial.com
Tel.: (514) 939-3989
Fax: (514) 939-3717
www.renmarkfinancial.com