Montreal, March 31, 2003 - Nstein Technologies Inc. (TSX-V:EIN), the leading provider of software applications for managing unstructured data, announced today the sale of its full Nserver™ software suite which includes its newly-launched information retrieval and software support tools. The agreement is valued at over CDN $500,000, consisting of the software as well as professional services and maintenance and support plan. In addition, the Agreement provides the Customer the ability to procure additional products and services valued at over CDN $125,000. The U.S. - based Customer has asked to remain confidential at this time.

Nstein’s software will play an integral role in the Customer’s highly innovative subscription-based information service scheduled for commercial launch early this summer - specifically in regards to its search, navigation and document retrieval components. Additional information will be forthcoming shortly.

“We are extremely proud to have completed this agreement and look forward to providing more information on this most interesting transaction in the months to come” said Mario Girard, Nstein’s CEO. “This agreement further solidifies our position as the leader in providing the highest quality computer-aided indexing products and services to the e-publisher and enterprise markets” further added Mr. Girard.

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 automate complex tasks such as document indexing and summarizing, and enable organizations to maximize the value of their content assets through the improved organization, navigation, and faster retrieval of information. Nstein’s Nserver™ solution is a core content management component, which has enabled Nstein’s 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.

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• Any statement that appears prospective shall not be interpreted as such.

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