Announces expansion of IPTC categorization software to include Arabic

Montreal, May 8, 2003 - Nstein Technologies Inc., (TSX-V:EIN) the leading provider of software applications for managing unstructured information, today announced the license of its IPTC categorization software and support tools to United Press International (UPI). The agreement is valued at approximately CDN $200,000 inclusive of software, services, maintenance and support components. In addition, Nstein and UPI have agreed to terms regarding the creation of new categorization software in languages such as Arabic, Japanese, Korean and Spanish.

“We are pleased that Nstein’s software will include the significant improvements in the news industry taxonomy recently announced by IPTC,” states UPI's Senior Vice President, Nicholas Chiaia. “UPI has a long-standing relationship with IPTC and looks forward to working closely with its members and with Nstein. Nstein’s new software tools will further allow us to manage our information assets effectively and ultimately enable us to meet the changing needs of our editorial staff and our customers – quickly and seamlessly,” explains Mr. Chiaia.

“UPI continues to be a tremendous customer for Nstein, and a partner in our efforts to further penetrate the global news market - including the Middle East, Far East and South American News markets” said Nstein’s CEO, Mario Girard. “We’re also very excited about the success of our IPTC Categorization software, it is fast becoming the standard for news companies around the world. We’re looking forward to expanding this offering to include Arabic, Japanese, Korean and Spanish. Key software components of these languages have already been developed by Nstein in servicing our current customer base,” further states Mr. Girard.

About UPI

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments, and researchers worldwide. Covering a wide range of topics, UPI's journalists provide in-depth reporting of major news events and offer unique analysis of global issues affecting business and policy decisions. UPI products include original content in English, Spanish, and Arabic. Headquarters are in Washington, DC, with regional offices in London, UK and Santiago, Chile. For further information, please visit www.upi.com

About Nstein Technologies 

Nstein Technologies Inc. is an industry leader in providing innovative content management software solutions to the e-publishing, enterprise and government sectors. Nstein’s products enable organizations to maximize the value of their content assets through the improved organization, summarization, navigation, and faster retrieval of information. Nstein’s software solution has enabled its customers to significantly increase their ROI through increased productivity, efficiency and revenue gains. Nstein’s headquarters are in Montreal, Canada, with a presence in San Francisco, Washington, D.C., and London, UK. For further information, please visit www.nstein.com

About IPTC

The International Press Telecommunications Council (IPTC) was established in 1965 to safeguard the telecommunications interests of the World's Press. Since the late 1970's its activities have primarily focused on developing and publishing Industry Standards for the interchange of news data. IPTC membership is drawn from major news agencies, newspaper publishers, news distributors and vendors from around the globe, including UPI, Associated Press, Dow Jones, The New York Times, and Reuters. For further information, please visit www.iptc.org

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