News and Events

Relaxnews has chosen Nstein's Web Content Management solution for the very first worldwide information system for leisure activities

2009-03-10

Montreal, Quebec, March 11, 2009 - Nstein Technologies Inc. www.nstein.com (TSX-V: EIN), a leader in digital publication solutions for newspapers, magazines and on-lin¬e content providers, announced today that Relaxnews, a French firm at the forefront of the leisure information business, has selected WCM (Web Content Management) and TME (Text Mining Engine) solutions by Nstein to support the launch of the first worldwide information system for leisure activities, in partnership with the AFP (Agence France Presse).

In the light of the successful newswire launched in France in 2006 ("relaxfil"), Relaxnews, the first press agency devoted to leisure activity news, has decided to extend its activity to the world stage. With the AFP, it is now going to launch its international network under the "Relaxnews" banner. Its ambition is to become the world leader in the leisure activity information business in a very short time.

To do this, Relaxnews has decided to renew its partnership with Nstein, whose products are already underpinning "relaxfil".

"We were looking for an open, flexible platform, which would allow us to support an approach focused on the user and the community" - to quote Mathieu Bully, technical director at Relaxnews. "Nstein's WCM platform will give us this flexibility, as well as offering automatic semantic tagging of the content, which will be key to optimizing the experience of our users and the relevance of the proposed content. Text mining will also play an important part in classifying information accurately and in this way simplify the export and syndication of our content".

By relying on WCM's Open-source approach and at the same time benefiting from the wide range of business features included in the product version delivered, Relaxnews has been able to handle the system in house and launch the global newswire, boasting rich and innovative content and an enhanced user-experience.

"We are delighted that Relaxnews has decided to reaffirm its confidence in Nstein with such an important development project for its growth as the world's first information network for leisure activities" opined Louis Mousseau, Nstein Technologies' European General Manager. "Management fully understood the importance of placing the user as the central focus of the experience, and of the value which text mining adds in order to offer intelligent management of its content".

Nstein is the preferred supplier to most media companies occupying a dominant position in their field, in particular: Groupe Moniteur, Midi Libre, La Dépêche, Libération, CondeNast, Reader's Digest, Médias Transcontinental and Reed Business Information.

About Nstein Technologies Inc.

Nstein Technologies (TSX-V: EIN) develops and markets multilingual solutions that power digital 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, Text Mining Engine and Picture Management Desk products. www.nstein.com

  • The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
  • The financial value of the contract, on an individual basis, is not financially material to the affairs of Nstein Technologies Inc. The specific financial terms of the contracts cannot be disclosed since knowledge of these transaction terms could represent a significant loss of competitive advantage to the Company as competitors would gain access to its pricing model. The Company believes that the disclosure of agreements by means of a press release is necessary to demonstrate the ability of the Company's technology to meet the requirements of its potential clients in the publishing, media and entertainment industries. Further, the completion of these types of agreements demonstrates the ongoing ability of the Company to capture an increasing share of this market and generate market acceptance for its products. Software license revenues resulting from this contract were included in Nstein's 4th quarter results (quarter ended on December 31, 2008).
  • 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

David Crouy
Marketing Director
Nstein Technologies, Inc
Tel: 514-908-5406
david.crouy@nstein.com